871584 Farrington Waianae HI 96792 · Neighborhood: Maili · Region: Leeward · MLS: 2816473 · TMK: 1-8-7-034-007-0000 & History 

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Expired. It was offered at $549,000 FS
Location
Type: Multi Family Home
Region: Leeward
Neigh: Maili
871584 Farrington
Waianae HI 96792
Area
Building sf:2,500
Land sf:27,490
Land acres:0.631
Other
Parking:10
Built:1925
Remodeled:
Furnished:
Elevators:0
Rooms
Studios:0
1 Bedroom Units:0
2 Bedroom Units:0
3 Bedroom Units:3
Com space:0
Total Units:3
Financials
Rental Income:25,920
Expenses:(0)
Net Operating Income:25,920
Other Income:0
Total Income:25,920
Remarks
Seller:Sale is for land ONLY! Land lease terminates 09/30/2041. Rent fixed to 09/30/2016, then renegotiate remaining years. Value in land to redevelop; 3 dwellings (built 1922, 1933 & 1942); recently renovated. Price under tax assessed value for land. Lessee pays prop tax, GET, prop insurance, util, assessments, maintenance of the property & dwellings, etc. Lessee willing to sell Lease for $275,000.
Property Features
Amenities
None

Building Type
Multi Dwellings

Condition
Average

Construction
Above Ground
Other
Single Wall
Wood Frame

Disclosures
None

Documents
Lease Documents

Easements
Electric
Other
Sewer
Telephone
Water

Expense Income
Other
Fee

Frontage
Ocean
Other
Sandy Beach
Stream/Canal

Furnished
Partial

Land Recorded
Regular System

Laundry
Individual

Land Tenure
FS - Fee Simple

Lessee Pays
Cable TV
Electricity
Other
Water

Listing Broker
Ideal Properties, Inc.

Location
Lot Description

Meters
Electric
Individual
Water

Parking Guest
10+ Spaces

Parking Tenant
Assigned
Open
Tandem
Possession
Close of Escrow

Recreation Facility
None

Roof
Asphalt Shingle
Other

Sale Conditions

Set Backs
CandC
Of Record
Sewer
Connected

Stories
Two

Terms Offered
Cash
Conventional

Terms Sold

Topography

Utilities

View
Coastline
Mountain
Ocean

Zoning
More Information
Contact listProp Mgt
Management Company:
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
Land730,400
Improvement178,600
Exemption0
Total909,000
Monthly Tax1
6,078 Days on MarketKey DatesPricing
Year Built:1925
Original List:599,000 FS
Listed:10/12/2008549,000 FS
Advertise:
Auction:
Price change:11/29/2008
Temp off Market:
Off Market:10/12/2009
Temp withdrawn:
Withdrawn:
Back on Market:
Status change:10/12/2009
Last Modified:7/17/2012
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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