1881 Kapiolani Honolulu HI 96826 · Neighborhood: Mccully · Region: Metro · MLS: 201329861 · TMK: 1-2-3-034-024-0000 & History 

Show all 1 photos. Updated 7/18/2013 4:13:33 PM
Inactive. Last Sold for 2,550,000 FS on 11/6/2013
Location
Type: Multi Family Home
Region: Metro
Neigh: Mccully
1881 Kapiolani
Honolulu HI 96826
Area
Building sf:9,305
Land sf:4,800
Land acres:0.110
Other
Parking:11
Built:1970
Remodeled:
Furnished:
Elevators:0
Rooms
Studios:3
1 Bedroom Units:9
2 Bedroom Units:3
3 Bedroom Units:0
Com space:0
Total Units:15
Financials
Rental Income:0
Expenses:(0)
Net Operating Income:0
Other Income:0
Total Income:0
Remarks
Seller:Prime Kapiolani frontage. Four story concrete building in good condition with 11 parking stalls. Fully occupied, on bus line and convenient to everything. Property records reflect 12 units, however, three 3 bdrm units have been converted (non-permitted) into 2 bd/1 ba and a Studio for a total of 15 units. Sold in "as is" condition.Buyer:
Property Features
Amenities
None

Building Type
Apartments

Condition
Average

Construction
Concrete
Hollow Tile

Disclosures
None

Documents
Lease Documents
Other
P&L

Easements
None

Expense Income
Mgmt Fee
Property Tax
Repair Maintenance
Sewer Fee
Fee

Frontage
Other

Furnished
Partial

Land Recorded
Dual Systems

Laundry
Coin
Dryer
Washer

Land Tenure
FS - Fee Simple

Lessee Pays
Cable TV
Electricity

Listing Broker
Marcus & Associates, Inc.

Location
Lot Description
Clear

Meters
Electric
Individual
Other

Parking Guest
None

Parking Tenant
10+ Spaces
Assigned
Guest
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
Cash

Topography
Level

Utilities
Cable
Connected
Gas
Public Water
Telephone
Underground Electricity
Water

View
City

Zoning
More Information
Contact listProp Mgt
Management Company:Marcus Prop Mgmt
Management Company Phone:839-7446
 
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: 2012Assessed
Land759,500
Improvement816,200
Exemption0
Total1,575,700
Monthly Tax5,358
11 Days on MarketKey DatesPricing
Year Built:1970
Original List:2,595,000 FS
Listed:7/18/20132,595,000 FS
Advertise:
Auction:
Price change:
Temp off Market:
Off Market:11/6/2013
Temp withdrawn:
Withdrawn:
Back on Market:
Status change:11/7/2013
Last Modified:11/7/2013
Contingency:7/29/2013
Pending:
Conditional:
Sold:11/6/20132,550,000 FS
Concessions:(0)  
Net SP:2,550,000 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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