2304 Kapiolani Honolulu HI 96826 · Neighborhood: Moiliili · Region: Metro · MLS: 201416362 · TMK: 1-2-7-005-036-0000 & History 

Show all 5 photos. Updated 8/9/2014 12:58:10 PM
Inactive. Last Sold for 3,900,000 FS on 1/22/2015
Location
Type: Multi Family Home
Region: Metro
Neigh: Moiliili
2304 Kapiolani
Honolulu HI 96826
Area
Building sf:11,040
Land sf:14,607
Land acres:0.335
Other
Parking:10
Built:1958
Remodeled:
Furnished:
Elevators:0
Rooms
Studios:0
1 Bedroom Units:0
2 Bedroom Units:20
3 Bedroom Units:0
Com space:0
Total Units:20
Financials
Rental Income:0
Expenses:(109,400)
Net Operating Income:150,600
Other Income:0
Total Income:260,000
Remarks
Seller:Fantastic opportunity for the right buyer! Over 14,000 sf of apt-zoned property at corner of Kapiolani & Hoawa near Isenberg. Keep for income or redevelop to its full potential! 20 two-bdrm units are currently at below-market rents, so there is upside to renovate and increase rental income. Actual property sft info may differ from tax records. Sold As-Is. Please do not disturb tenants.Buyer:
Property Features
Amenities
None

Building Type
Apartments

Condition
Average

Construction
Above Ground
Hollow Tile
Single Wall
Slab
Wood Frame

Disclosures
See Remarks

Documents
Lease Documents
P&L

Easements
None

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

Frontage
Other

Furnished
Partial

Land Recorded
Dual Systems

Laundry
Washer

Land Tenure
FS - Fee Simple

Lessee Pays
Cable TV
Electricity

Listing Broker
Hawaii 5-0 Properties, Inc.

Location
Lot Description
Irregular

Meters
Electric

Parking Guest
None

Parking Tenant
Open
Unassigned
Possession
At Closing
Subject To Tenancy

Recreation Facility
None

Roof
Aluminum/Steel

Sale Conditions
None

Set Backs
Of Record
Sewer
Connected

Stories
Two

Terms Offered
Cash
Conventional

Terms Sold
Conventional

Topography
Level

Utilities
Overhead Electricity
Public Water

View
None

Zoning
More Information
Contact listProp Mgt
Management Company:Newmark Grubb
Management Company Phone:808-942-7100
 
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: 2013Assessed
Land2,191,100
Improvement578,400
Exemption0
Total2,769,500
Monthly Tax808
108 Days on MarketKey DatesPricing
Year Built:1958
Original List:4,900,000 FS
Listed:8/8/20143,950,000 FS
Advertise:
Auction:
Price change:11/21/2014
Temp off Market:
Off Market:1/22/2015
Temp withdrawn:
Withdrawn:
Back on Market:
Status change:1/25/2015
Last Modified:1/25/2015
Contingency:11/24/2014
Pending:
Conditional:
Sold:1/22/20153,900,000 FS
Concessions:(0)  
Net SP:3,900,000 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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