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2437 Tusitala Honolulu HI 96815 · Neighborhood: Waikiki · Region: Metro · MLS: 2902491 · TMK: 1-2-6-024-061-0000 & History 

Show all 10 photos. Updated 2/19/2009 1:29:46 PM
Inactive. Last Sold for 1,750,000 FS on 12/31/2009
Location
Type: Multi Family Home
Region: Metro
Neigh: Waikiki
2437 Tusitala
Honolulu HI 96815
Area
Building sf:7,413
Land sf:4,900
Land acres:0.112
Other
Parking:11
Built:1970
Remodeled:2005
Furnished:
Elevators:0
Rooms
Studios:0
1 Bedroom Units:5
2 Bedroom Units:6
3 Bedroom Units:0
Com space:0
Total Units:11
Financials
Rental Income:163,164
Expenses:(44,788)
Net Operating Income:122,251
Other Income:3,875
Total Income:167,039
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Remarks
Seller:Original owner, 1st time on the market. Very well maintained 4-story, concrete walk-up. Fully furnished 11 units with 5 one bedroom/one bath and 6 two bedroom/2 bath and 11 partially covered parking stalls. All units gutted and fully remodeled in 2005 including all plumbing and electrical. Separately metered with shared washer/dryer. 2008 adjusted NOI $122,251 (5.04%/cap)Buyer:
Property Features
Amenities
A/C
Trash Chute

Building Type
Apartments

Condition
Above Average

Construction
Concrete
Hollow Tile

Disclosures
None

Documents
Inventory
Lease Documents
P&L

Easements
Sewer

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

Frontage

Furnished
Partial

Land Recorded
Land Court

Laundry
Coin

Land Tenure
FS - Fee Simple

Lessee Pays
Electricity

Listing Broker
Marcus & Associates, Inc.

Location
Lot Description
Clear

Meters
Electric
Gas

Parking Guest
None

Parking Tenant
Assigned
Covered
Possession
Close of Escrow
Subject To Tenancy

Recreation Facility
None

Roof
Pitch & Gravel

Sale Conditions

Set Backs
Of Record
Sewer
Connected

Stories
4-7

Terms Offered
Cash
Conventional

Terms Sold
Conventional

Topography
Level

Utilities

View
None

Zoning
More Information
Contact listProp Mgt
Management Company:Tom Shinsato
Management Company Phone:(808) 537-4981
 
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
Land1,261,300
Improvement706,200
Exemption0
Total1,967,500
Monthly Tax6,046
257 Days on MarketKey DatesPricing
Year Built:1970
Original List:2,425,000 FS
Listed:2/19/20092,050,000 FS
Advertise:
Auction:
Price change:9/8/2009
Temp off Market:
Off Market:12/31/2009
Temp withdrawn:
Withdrawn:
Back on Market:11/3/2009
Status change:1/4/2010
Last Modified:1/4/2010
Contingency:11/3/2009
Pending:11/3/2009
Conditional:
Sold:12/31/20091,750,000 FS
Concessions:(0)  
Net SP:1,750,000 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

skype

 
© Hawaii Home + Commercial LLC ® +1 (808) 358-1774 Email: glassr@hawaiihome.cc · Oahu Real Estate Brokerage · Equal Opportunity Housing · Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. IDX information is provided exclusively for consumers` personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the information is deemed reliable but not guaranteed. © 2013 by HiCentral MLS, Ltd.

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