1220 Matlock Honolulu HI 96814 · Neighborhood: Makiki Area · Region: Metro · MLS: 2717168 · TMK: 1-2-4-011-070-0000 & History 

Show all 10 photos. Updated 1/30/2008 11:26:47 PM
Inactive. Last Sold for 1,350,000 FS on 3/31/2008
Location
Type: Multi Family Home
Region: Metro
Neigh: Makiki Area
1220 Matlock
Honolulu HI 96814
Area
Building sf:3,276
Land sf:4,500
Land acres:0.103
Other
Parking:10
Built:1987
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:81,600
Expenses:(20,400)
Net Operating Income:61,200
Other Income:0
Total Income:81,600
Remarks
Seller:Relatively young building of only 20 years old. Exterior recently painted and looks terrific! Conveniently located close to stores, school, freeway, etc. Bldg. has eight 1-bedroom units and 10-parking stalls. Each unit has an air conditioner. Income figure is pro-forma at $850/mo. per unit. Acutal rents are below market. Property to be sold in 'AS IS' Condition.Buyer:
Property Features
Amenities
None

Building Type
Apartments

Condition
Above Average
Excellent

Construction
Concrete
Double Wall
Hollow Tile

Disclosures
None

Documents
Inventory
Lease Documents
P&L
Survey

Easements
None

Expense Income
Mgmt Fee
Other
Repair Maintenance
Sewer Fee
Fee

Frontage

Furnished
Partial

Land Recorded
Regular System

Laundry
Coin
Dryer
Washer

Land Tenure
FS - Fee Simple

Lessee Pays
Cable TV
Electricity

Listing Broker
Decision Realty

Location
Lot Description

Meters
Electric
Individual

Parking Guest
None

Parking Tenant
Assigned
Covered
Open
Possession
Close of Escrow

Recreation Facility
None

Roof
Other

Sale Conditions

Set Backs
CandC
Sewer
Connected

Stories
Three

Terms Offered
Cash
Conventional

Terms Sold
Exchange

Topography

Utilities

View
None

Zoning
More Information
Contact listProp Mgt
Management Company:Ideal Properties
Management Company Phone:951-0350
 
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: 2007Assessed
Land660,000
Improvement953,600
Exemption0
Total1,613,600
Monthly Tax5,309
163 Days on MarketKey DatesPricing
Year Built:1987
Original List:1,595,000 FS
Listed:9/20/20071,395,000 FS
Advertise:
Auction:
Price change:2/5/2008
Temp off Market:
Off Market:3/31/2008
Temp withdrawn:
Withdrawn:
Back on Market:3/1/2008
Status change:3/31/2008
Last Modified:8/28/2008
Contingency:3/1/2008
Pending:3/1/2008
Conditional:
Sold:3/31/20081,350,000 FS
Concessions:(0)  
Net SP:1,350,000 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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