1559 Thurston Honolulu HI 96822 · Neighborhood: Makiki Area · Region: Metro · MLS: 201333658 · TMK: 1-2-4-018-021-0000 & History 

Show all 13 photos. Updated 10/7/2013 11:06:20 AM
Withdrawn. Last listed for $5,800,000 FS
Location
Type: Multi Family Home
Region: Metro
Neigh: Makiki Area
1559 Thurston
Honolulu HI 96822
Area
Building sf:25,612
Land sf:13,132
Land acres:0.301
Other
Parking:30
Built:1972
Remodeled:2013
Furnished:
Elevators:1
Rooms
Studios:7
1 Bedroom Units:20
2 Bedroom Units:1
3 Bedroom Units:0
Com space:0
Total Units:28
Financials
Rental Income:28,730
Expenses:(94,800)
Net Operating Income:254,260
Other Income:350
Total Income:29,080
Remarks
Seller:Fee simple 28 unit apartment building in Honolulu with large lobby and lots of parking. Building is approx. 28,218 sq. ft. Units have a beautiful city and ocean view. Commercial kitchen in the penthouse with grease trap. Seller will carry back a second mortgage of $700,000 for 5 years, interest only. Good for condo-conversion or for owner to live in large penthouse and rent rest of apt. bldg.
Property Features
Amenities
Secured Lobby
Storage
Trash Chute

Building Type
Apartments

Condition
Average

Construction
Concrete
Hollow Tile
Masonry/Stucco

Disclosures
Licensed Owner
Listor Owner

Documents
Building Plans
Lease Documents

Easements
Other

Expense Income
Excise Tax
Insurance
Property Tax
Sewer Fee
Fee

Frontage

Furnished
Partial

Land Recorded
Land Court

Laundry
Coin
Dryer
Washer

Land Tenure
FS - Fee Simple

Lessee Pays
Parking

Listing Broker
Mike Furutani Realty

Location
Lot Description
Irregular

Meters
Electric
Gas
Other
Water

Parking Guest
None

Parking Tenant
Assigned
Covered
Open
Possession
At Closing
Subject To Tenancy

Recreation Facility
Other

Roof
Other

Sale Conditions
None

Set Backs
Of Record
Sewer
Grease Trap

Stories
4-7

Terms Offered
Assumption
Cash
Conventional
Seller Financing

Terms Sold

Topography
Gentle Slope

Utilities
Gas
Internet
Overhead Electricity
Public Water
Sewer Fee
Telephone
Water

View
Diamond Head
Ocean

Zoning
More Information
Contact listProp Mgt
Management Company:Self
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: 2012Assessed
Land1,442,900
Improvement1,967,100
Exemption0
Total3,410,000
Monthly Tax995
40 Days on MarketKey DatesPricing
Year Built:1972
Original List:5,800,000 FS
Listed:10/7/20135,800,000 FS
Advertise:
Auction:
Price change:10/7/2013
Temp off Market:
Off Market:11/16/2013
Temp withdrawn:
Withdrawn:11/16/2013
Back on Market:
Status change:11/16/2013
Last Modified:11/16/2013
Contingency:
Pending:
Conditional:
Sold:0 FS
Concessions:(0)  
Net SP:0 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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