438 Launiu Honolulu HI 96815 · Neighborhood: Waikiki · Region: Metro · MLS: 2509041 · TMK: 1-2-6-017-047-0000 & History 

Show all 2 photos. Updated 6/20/2005 1:40:04 PM
Inactive. Last Sold for 1,400,000 FS on 9/6/2005
Location
Type: Multi Family Home
Region: Metro
Neigh: Waikiki
438 Launiu
Honolulu HI 96815
Area
Building sf:3,160
Land sf:5,000
Land acres:0.115
Other
Parking:5
Built:1942
Remodeled:
Furnished:
Elevators:0
Rooms
Studios:0
1 Bedroom Units:2
2 Bedroom Units:2
3 Bedroom Units:0
Com space:0
Total Units:4
Financials
Rental Income:59,500
Expenses:(8,100)
Net Operating Income:55,600
Other Income:4,200
Total Income:63,700
Remarks
Seller:Recently upgraded, newly tiled showers, new carpets, vinyl, new countertops, some new appliances, new exterior/interior paint. SHOWS WELL! GREAT location and cash flow. Property is priced separately from but to be sold together with neighboring property at 444 Launiu St., TMK#1-2-6-017-048. Possible FHA financing, check w/your lender but don't let this one slip away!Buyer:
Property Features
Amenities
Storage

Building Type
Fourplex

Condition
Above Average

Construction
Masonry/Stucco

Disclosures
1031 Exchange
Licensed Owner

Documents

Easements
Cable
Telephone

Expense Income
Insurance
Repair Maintenance
Sewer Fee
Fee

Frontage

Furnished
Partial

Land Recorded
Regular System

Laundry
None

Land Tenure
FS - Fee Simple

Lessee Pays

Listing Broker
Bob Ball & Associates

Location
Lot Description

Meters
Electric

Parking Guest
None

Parking Tenant
Assigned
Possession
Close of Escrow

Recreation Facility
None

Roof
Other

Sale Conditions

Set Backs
None
Sewer
Connected

Stories
Two

Terms Offered
Cash
Conventional

Terms Sold
Cash

Topography

Utilities

View
None

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: 2005Assessed
Land690,000
Improvement139,800
Exemption0
Total829,800
Monthly Tax2,300
45 Days on MarketKey DatesPricing
Year Built:1942
Original List:1,500,000 FS
Listed:6/10/20051,500,000 FS
Advertise:
Auction:
Price change:
Temp off Market:
Off Market:9/6/2005
Temp withdrawn:
Withdrawn:
Back on Market:7/25/2005
Status change:9/9/2005
Last Modified:9/9/2005
Contingency:7/25/2005
Pending:7/25/2005
Conditional:
Sold:9/6/20051,400,000 FS
Concessions:(0)  
Net SP:1,400,000 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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