758 Kaipuu Honolulu HI 96826 · Neighborhood: Kapiolani · Region: Metro · MLS: 2509929 · TMK: 1-2-7-022-038-0000 & History 

Show all 3 photos. Updated 6/26/2005 9:41:21 AM
Inactive. Last Sold for 75,000 LH on 9/6/2005
Location
Type: Multi Family Home
Region: Metro
Neigh: Kapiolani
758 Kaipuu
Honolulu HI 96826
Area
Building sf:3,484
Land sf:4,922
Land acres:0.113
Other
Parking:8
Built:1961
Remodeled:
Furnished:
Elevators:0
Rooms
Studios:0
1 Bedroom Units:8
2 Bedroom Units:0
3 Bedroom Units:0
Com space:0
Total Units:8
Financials
Rental Income:57,600
Expenses:(20,259)
Net Operating Income:37,341
Other Income:0
Total Income:57,600
Remarks
Seller:HOTTEST DEAL IN TOWN! Need an alternative to CD or stock market? You do the math! Masonry 8-plex. LEASE EXPIRES 2012. Lessor plans to redevelop, land not for sale. Buy for CASH FLOW/DEPRECIATION ONLY. Verify financials. ***PLEASE CALL LISTING AGENT, NOT OFFICE!*** OFFER DEADLINE NOON WEDNESDAY JULY 6. Best offer over $50,000 takes it!! (Do not confuse w/737 Kaipuu, which is pending.)Buyer:
Property Features
Amenities
None

Building Type
Multi Dwellings

Condition
Fair

Construction
Masonry/Stucco

Disclosures
Property Disclosure Stmt

Documents
Lease Documents

Easements
None

Expense Income
Lease Rent
Mgmt Fee
Property Tax
Repair Maintenance
Sewer Fee
Fee

Frontage

Furnished

Land Recorded
Land Court

Laundry
None

Land Tenure
LH - Leasehold

Lessee Pays

Listing Broker
Homequest, REALTORS LLC

Location
Lot Description

Meters
Electric
Water

Parking Guest
None

Parking Tenant
Assigned
Open
Possession
Subject To Tenancy

Recreation Facility
None

Roof
Pitch & Gravel

Sale Conditions

Set Backs
Of Record
Sewer
Connected

Stories
Two

Terms Offered
Cash

Terms Sold
Cash

Topography

Utilities

View
None

Zoning
More Information
Contact listProp Mgt
Management Company:Ho`ala
Management Company Phone:
 
About LeaseholdLease Info
Lessor:Lum Chang Tai, Inc.
Renegotiation:
Lease expires:12/12/2012
Compare Fee Simple to Leasehold to Rent
 
Sample LH DisclosureRent per monththrough
Current:1,7672012
Step 1:00
Rates Real Property Tax
Tax year: 2005Assessed
Land509,600
Improvement210,100
Exemption0
Total719,700
Monthly Tax2,336
72 Days on MarketKey DatesPricing
Year Built:1961
Original List:50,000 LH
Listed:6/26/200550,000 LH
n/a
Advertise:
Auction:
Price change:
Temp off Market:
Off Market:9/6/2005
Temp withdrawn:
Withdrawn:
Back on Market:7/7/2005
Status change:9/26/2005
Last Modified:9/26/2005
Contingency:
Pending:7/7/2005
Conditional:
Sold:9/6/200575,000 LH
Concessions:(0)  
Net SP:75,000 LH
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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