2480 Kuhio Honolulu HI 96815 · Neighborhood: Waikiki · Region: Metro · MLS: 2417306 · TMK: 1-2-6-024-001-0000 & History 

Show all 3 photos. Updated 11/4/2004 5:07:33 PM
Inactive. Last Sold for 1,950,000 FS on 5/5/2005
Location
Type: Multi Family Home
Region: Metro
Neigh: Waikiki
2480 Kuhio
Honolulu HI 96815
Area
Building sf:5,002
Land sf:5,678
Land acres:0.130
Other
Parking:2
Built:1947
Remodeled:
Furnished:
Elevators:0
Rooms
Studios:4
1 Bedroom Units:8
2 Bedroom Units:0
3 Bedroom Units:0
Com space:0
Total Units:12
Financials
Rental Income:145,200
Expenses:(27,156)
Net Operating Income:118,793
Other Income:0
Total Income:145,200
Remarks
Seller:12 unit Waikiki investment property in one Waikiki's most desirable locations, Liliuokalani and Kuhio Ave. Fully rented, gross income of $12,100/mo., expenses of $2,263/mo.. Offered at a 6.1% cap rate! Fully remodeled and restored by current owners, this complex has great rental income, great street appeal, and a location with great upside potential.Buyer:
Property Features
Amenities
None

Building Type
Apartments

Condition
Excellent

Construction
Hollow Tile
Masonry/Stucco
Wood Frame

Disclosures
Licensed Owner
Property Disclosure Stmt

Documents
Lease Documents
P&L

Easements
None
Street Widening

Expense Income
Excise Tax
Insurance
Mgmt Fee
Property Tax
Sewer Fee
Fee

Frontage
Other

Furnished

Land Recorded
Land Court

Laundry
None

Land Tenure
FS - Fee Simple

Lessee Pays

Listing Broker
Coldwell Banker Pacific Prop.

Location
Lot Description

Meters
Electric
Gas
Individual

Parking Guest
None

Parking Tenant
Tandem
Possession
Subject To Tenancy

Recreation Facility
None

Roof
Composition

Sale Conditions

Set Backs
Of Record
Sewer
Connected

Stories
Two

Terms Offered
Cash
Conventional

Terms Sold
Conventional

Topography

Utilities

View
Garden
Other

Zoning
More Information
Contact listProp Mgt
Management Company:
Management Company Phone:SELF
 
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: 2004Assessed
Land545,300
Improvement331,700
Exemption0
Total877,000
Monthly Tax3,289
124 Days on MarketKey DatesPricing
Year Built:1947
Original List:1,998,000 FS
Listed:11/4/20041,975,000 FS
Advertise:
Auction:
Price change:3/3/2005
Temp off Market:
Off Market:5/5/2005
Temp withdrawn:
Withdrawn:
Back on Market:3/8/2005
Status change:5/11/2005
Last Modified:5/11/2005
Contingency:3/8/2005
Pending:3/8/2005
Conditional:
Sold:5/5/20051,950,000 FS
Concessions:(0)  
Net SP:1,950,000 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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