403 Hobron Honolulu HI 96815 · Neighborhood: Waikiki · Region: Metro · MLS: 2805284 · TMK: 1-2-6-012-031-0000 & History 

Show all 2 photos. Updated 3/28/2008 6:25:46 PM
Expired. It was offered at $2,650,000 FS
Location
Type: Multi Family Home
Region: Metro
Neigh: Waikiki
403 Hobron
Honolulu HI 96815
Area
Building sf:5,040
Land sf:5,284
Land acres:0.121
Other
Parking:7
Built:1966
Remodeled:2006
Furnished:
Elevators:0
Rooms
Studios:0
1 Bedroom Units:12
2 Bedroom Units:0
3 Bedroom Units:0
Com space:0
Total Units:12
Financials
Rental Income:168,420
Expenses:(54,873)
Net Operating Income:114,722
Other Income:0
Total Income:169,596
Remarks
Seller:Great investor property-excellent for buyer's IRC 1031 Exchange. Classic mid-century 'High Tide' building is a corner property with 12 one bedroom apartments in a prime neighborhood. At the gateway to Waikiki near Ala Moana Shopping Center; close to beach parks, yacht harbor, shopping, clubs & restaurants. A rare opportunity! CPR is Final - being sold as whole building leaving options for buyer.
Property Features
Amenities
None

Building Type
Apartments

Condition
Average

Construction
Hollow Tile

Disclosures
Property Disclosure Stmt

Documents
Other
Survey

Easements
Sewer

Expense Income
Excise Tax
Insurance
Mgmt Fee
Property Tax
Repair Maintenance
Sewer Fee
Fee

Frontage

Furnished
None

Land Recorded
Land Court

Laundry
Coin
Dryer
Leased Equipment
Washer

Land Tenure
FS - Fee Simple

Lessee Pays
Cable TV
Electricity

Listing Broker
Sleeping Giant Sotheby's Intl.

Location
Lot Description

Meters
Electric
Individual

Parking Guest
<10 Spaces

Parking Tenant
Assigned
Possession
Close of Escrow
Subject To Tenancy

Recreation Facility
None

Roof
Pitch & Gravel

Sale Conditions

Set Backs
CandC
Of Record
Sewer
Connected

Stories
Three

Terms Offered
Assumption
Can Subordinate
Cash
Conventional
Exchange
Joint Venture
Open

Terms Sold

Topography

Utilities

View
Garden

Zoning
More Information
Contact listProp Mgt
Management Company:Oahu Premier
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: 2008Assessed
Land1,081,500
Improvement389,500
Exemption0
Total1,471,000
Monthly Tax4,573
6,277 Days on MarketKey DatesPricing
Year Built:1966
Original List:2,850,000 FS
Listed:3/27/20082,650,000 FS
Advertise:
Auction:
Price change:4/23/2008
Temp off Market:
Off Market:3/2/2009
Temp withdrawn:
Withdrawn:
Back on Market:
Status change:3/2/2009
Last Modified:3/2/2009
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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