2403 Ala Wai Honolulu HI 96815 · Neighborhood: Waikiki · Region: Metro · MLS: 2508495 · TMK: 1-2-6-024-076-0000 & History 

Show all 6 photos. Updated 6/6/2005 9:37:37 AM
Withdrawn. Last listed for $4,950,000 FS
Location
Type: Multi Family Home
Region: Metro
Neigh: Waikiki
2403 Ala Wai
Honolulu HI 96815
Area
Building sf:13,060
Land sf:7,631
Land acres:0.175
Other
Parking:14
Built:1970
Remodeled:
Furnished:
Elevators:1
Rooms
Studios:26
1 Bedroom Units:14
2 Bedroom Units:0
3 Bedroom Units:0
Com space:0
Total Units:40
Financials
Rental Income:375,241
Expenses:(89,617)
Net Operating Income:285,624
Other Income:0
Total Income:375,242
Remarks
Seller:Good Investment Property-centrally located in prime Waikiki area with Ala Wai and mountain views. Five story secured building with elevator on corner lot. Twelve 3BR/3BA plus two 2BR/2BA units rented as fourteen 1BR/1BA and 26 efficiency studios. Sold AS IS. Perfect for buyer's replacement property in a 1031 exchange. Sale is subject to several contingencies. (see Agent Remarks)
Property Features
Amenities
None

Building Type
Apartments

Condition
Above Average

Construction
Above Ground
Concrete
Hollow Tile
Masonry/Stucco

Disclosures
Property Disclosure Stmt
See Remarks

Documents
Building Plans
Lease Documents
P&L
Survey
Title Search

Easements
Other

Expense Income
Excise Tax
Insurance
Other
Repair Maintenance
Sewer Fee
Fee

Frontage
Other

Furnished
None

Land Recorded
Land Court

Laundry
Other
Space

Land Tenure
FS - Fee Simple

Lessee Pays

Listing Broker
Choi International

Location
Lot Description

Meters
Electric
Gas
Water

Parking Guest
None

Parking Tenant
Assigned
Covered
Possession
Close of Escrow
Subject To Tenancy

Recreation Facility
None

Roof
Other
Pitch & Gravel

Sale Conditions

Set Backs
CandC
Of Record
Sewer
Connected

Stories
4-7

Terms Offered
Cash

Terms Sold

Topography

Utilities

View
Garden
Golf Course
Marina/Canal
Mountain

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: 2005Assessed
Land1,136,600
Improvement1,281,000
Exemption0
Total2,417,600
Monthly Tax7,486
166 Days on MarketKey DatesPricing
Year Built:1970
Original List:4,950,000 FS
Listed:6/2/20054,950,000 FS
Advertise:
Auction:
Price change:
Temp off Market:
Off Market:11/15/2005
Temp withdrawn:
Withdrawn:11/15/2005
Back on Market:9/13/2005
Status change:11/15/2005
Last Modified:11/15/2005
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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