1381 Queen Emma Honolulu HI 96813 · Neighborhood: Downtown · Region: Metro · MLS: 2702650 · TMK: 1-2-1-018-006-0000 & History 

Show all 6 photos. Updated 2/2/2007 9:41:37 AM
Expired. It was offered at $5,000,000 FS
Location
Type: Multi Family Home
Region: Metro
Neigh: Downtown
1381 Queen Emma
Honolulu HI 96813
Area
Building sf:13,684
Land sf:13,993
Land acres:0.321
Other
Parking:26
Built:1962
Remodeled:2005
Furnished:
Elevators:0
Rooms
Studios:6
1 Bedroom Units:6
2 Bedroom Units:6
3 Bedroom Units:0
Com space:7
Total Units:25
Financials
Rental Income:334,426
Expenses:(71,793)
Net Operating Income:262,633
Other Income:0
Total Income:334,426
Remarks
Seller:Cap rate about 5% on current income. This a 15 units residential, 3 uints used as a doctor's office, and 7 uints street level commercial space. Walk to downtown in a couple of minutes and stone throw away from the new highrises- The Capital Place & Pinacle. Virtually live in downtown without the downtown noise. Use Security Title-David Palk 535-6007.
Property Features
Amenities
None

Building Type
Apartments

Condition
Above Average

Construction
Hollow Tile

Disclosures
1031 Exchange

Documents

Easements
Other

Expense Income
Other
Fee

Frontage

Furnished
Partial

Land Recorded
Land Court

Laundry
None

Land Tenure
FS - Fee Simple

Lessee Pays
Electricity
Gas
Other

Listing Broker
2020 International Real Estate

Location
Lot Description

Meters
Electric
Gas

Parking Guest
None

Parking Tenant
Open
Possession
Close of Escrow

Recreation Facility
None

Roof
Other

Sale Conditions

Set Backs
Of Record
Sewer
Connected

Stories
4-7

Terms Offered
Cash
Conventional
Exchange

Terms Sold

Topography

Utilities

View
City
Mountain

Zoning
More Information
Contact listProp Mgt
Management Company:Self Manage
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: 2006Assessed
Land1,666,100
Improvement1,100,500
Exemption0
Total2,766,600
Monthly Tax33,116
6,701 Days on MarketKey DatesPricing
Year Built:1962
Original List:5,250,000 FS
Listed:1/28/20075,000,000 FS
Advertise:
Auction:
Price change:8/22/2007
Temp off Market:
Off Market:9/11/2007
Temp withdrawn:
Withdrawn:
Back on Market:
Status change:1/24/2008
Last Modified:1/24/2008
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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