2407 Tusitala Honolulu HI 96815 · Neighborhood: Waikiki · Region: Metro · MLS: 1206653 · TMK: 1-2-6-024-056-0000 & History 

Show all 6 photos. Updated 8/1/2012 10:55:15 AM
Inactive. Last Sold for 3,775,000 FS on 8/16/2012
Location
Type: Multi Family Home
Region: Metro
Neigh: Waikiki
2407 Tusitala
Honolulu HI 96815
Area
Building sf:8,200
Land sf:4,900
Land acres:0.112
Other
Parking:7
Built:1966
Remodeled:2011
Furnished:
Elevators:0
Rooms
Studios:0
1 Bedroom Units:17
2 Bedroom Units:0
3 Bedroom Units:0
Com space:0
Total Units:17
Financials
Rental Income:269,988
Expenses:(88,292)
Net Operating Income:217,348
Other Income:35,652
Total Income:305,640
Remarks
Seller:A full renovation was completed in 2011 that consisted of new kitchens, cabinets, fixtures, parking gate, secure main entry, signage, beautiful landscaping and exterior paint. Renovation of apartment interiors has been fully completed, resulting in a partial penetration of potential market rents.Buyer:
Property Features
Amenities
Other
Storage

Building Type
Apartments

Condition
Excellent

Construction
Concrete
Hollow Tile

Disclosures
Leased Equipment
Licensed Owner
Non Resident Owner

Documents
Lease Documents
Other
P&L
Survey

Easements
Sewer

Expense Income
Excise Tax
Insurance
Mgmt Fee
Other
Property Tax
Repair Maintenance
Sewer Fee
Fee

Frontage

Furnished
Partial

Land Recorded
Land Court

Laundry
Coin
Leased Equipment

Land Tenure
FS - Fee Simple

Lessee Pays
Cable TV
Electricity
Other
Parking

Listing Broker
Commercial Asset Advisors, LLC

Location
Lot Description
Clear

Meters
Electric
Gas
Water

Parking Guest
None

Parking Tenant
Assigned
Covered
Open
Possession
Close of Escrow
Subject To Tenancy

Recreation Facility
None

Roof
Pitch & Gravel

Sale Conditions
None

Set Backs
CandC
Sewer
Connected

Stories
4-7

Terms Offered
Cash
Conventional

Terms Sold
Conventional

Topography
Level

Utilities
Cable
Connected
Gas
Internet
Public Water
Telephone
Underground Electricity

View
None

Zoning
More Information
Contact listProp Mgt
Management Company:
Management Company Phone:
 
About LeaseholdLease Info
Lessor:
Renegotiation:
Lease expires:
Compare Fee Simple to Leasehold to Rent
 
Sample LH DisclosureRent per monththrough
Current:00
Step 1:00
Rates Real Property Tax
Tax year: 2011Assessed
Land1,115,700
Improvement689,000
Exemption0
Total1,804,700
Monthly Tax6,308
48 Days on MarketKey DatesPricing
Year Built:1966
Original List:3,950,000 FS
Listed:6/14/20123,950,000 FS
Advertise:
Auction:
Price change:
Temp off Market:
Off Market:8/16/2012
Temp withdrawn:
Withdrawn:
Back on Market:8/1/2012
Status change:8/17/2012
Last Modified:8/17/2012
Contingency:8/1/2012
Pending:8/1/2012
Conditional:
Sold:8/16/20123,775,000 FS
Concessions:(0)  
Net SP:3,775,000 FS
Representation, Questions & Additional Information
If you are already working with an agent, please contact them directly for more information on this Multi Family Home listing.
If you would like to work with a pro, contact:
Robin Glass, (R), PB, MBA
Hawaii Home + Commercial LLC
☎ 808-358-1774
glassr@hawaiihome.cc

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