1812 Algaroba Honolulu HI 96826 · Neighborhood: Mccully · Region: Metro · MLS: 201407044 · TMK: 1-2-3-028-024-0000 & History 

Show all 9 photos. Updated 5/1/2014 8:42:21 AM
Expired. It was offered at $1,225,000 FS
Location
Type: Multi Family Home
Region: Metro
Neigh: Mccully
1812 Algaroba
Honolulu HI 96826
Area
Building sf:2,340
Land sf:3,116
Land acres:0.072
Other
Parking:2
Built:1953
Remodeled:2009
Furnished:
Elevators:0
Rooms
Studios:4
1 Bedroom Units:3
2 Bedroom Units:0
3 Bedroom Units:0
Com space:0
Total Units:7
Financials
Rental Income:1
Expenses:(1)
Net Operating Income:1
Other Income:1
Total Income:93,108
Remarks
Seller:$7,756 per mo in gross income!! Best deal on the market! $175k per door for a turn-key apartment building in an exceptional location. Rare split level 1 bedroom units, 2 studios with private courtyard areas. Most of the units updated with new cabinets, flooring, etc.Property and building have been extremely well maintained with nicely landscaped grounds. Security camera system in place for ownership / management to monitor property in real time. Termite warranty still in place until 2016! Property tax dedication in place for 2015 reducing expenses!
Property Features
Amenities
None

Building Type
Apartments
Duplex

Condition
Above Average
Average

Construction
Double Wall
Single Wall
Wood Frame

Disclosures
None

Documents
Lease Documents
Licenses
P&L

Easements
None

Expense Income
Excise Tax
Insurance
Lease Rent
Mgmt Fee
Other
Property Tax
Repair Maintenance
Fee

Frontage

Furnished
Partial

Land Recorded
Regular System

Laundry
Coin
Dryer

Land Tenure
FS - Fee Simple

Lessee Pays
Electricity
Gas
Other

Listing Broker
Apartment Advisors, LLC

Location
Lot Description
Clear

Meters
Electric
Gas
Individual
Other

Parking Guest
None

Parking Tenant
Open
Possession
At Closing

Recreation Facility

Roof
Other

Sale Conditions
None

Set Backs
Of Record
Sewer
Connected

Stories
One
Two

Terms Offered
Cash
Conventional
Open
Other

Terms Sold

Topography
Level

Utilities
Cable
Gas
Internet
Overhead Electricity
Public Water
Telephone
Water

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: 2015Assessed
Land592,000
Improvement177,400
Exemption0
Total769,400
Monthly Tax248
4,051 Days on MarketKey DatesPricing
Year Built:1953
Original List:1,395,000 FS
Listed:5/1/20141,225,000 FS
Advertise:
Auction:
Price change:1/10/2015
Temp off Market:
Off Market:4/30/2015
Temp withdrawn:
Withdrawn:
Back on Market:
Status change:5/1/2015
Last Modified:5/1/2015
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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