 hawaiihome.cc |
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 pecial A2 zoned development opportunity. Located contiguous to the corner of Alapai/Prospect Sts, this property is being sold together with 1617 Alapai St, MLS #202121143 for a total of 10,732 sq ft as part of an estate sale. These properties have not been marketed since 1953 and represent an ideal opportunity for redevelopment into higher density residential/apartment use and development under Bill 7. 702 Prospect and 1617 Alapai each contain 2 dwellings with 3 rental units each for a total of 6 rental units. The location is ideally located on the slope of Punchbowl. Buyer to do their own due diligence as to development ability. These properties are a very rare chance to own A2 zoned land in probably the most premier A2 zoned land on Oahu. A beautiful residential area with close proximity to Downtown and skyrocketing land values. Some of the units are on month to month rental agreements significantly below market value. Please do not disturb the occupants. Virtual Tour | |||||||||||
 What will it cost to own? | |||||||||||
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MLS | Public |  | |||||||||
| Single Family Single Family | Contemporary | Property Type Sub Type | |||||||||
| 702 Prospect St | 1609 Alapai St |  | |||||||||
| Honolulu HI 96813 | Honolulu Hawaii 96813 | ||||||||||
| Metro Punchbowl Area | Punchbowl | ||||||||||
| na | Royal Elem |  | |||||||||
| na | Central Int | ||||||||||
| na | Roosevelt High | ||||||||||
| Kaimuki-McKinley-Roosevelt | Complex | ||||||||||
| Public Schools | Rank | ||||||||||
| Private School | Guide | ||||||||||
| na | na |  Builder | |||||||||
| MLS 202121149 | TMK 1-2-2-4-33 | Property ID | |||||||||
| 4 | 4 |  Bedrooms | |||||||||
| 2 | 2 |  Full Baths | |||||||||
| 0 | 0 | Half Baths | |||||||||
| 2 | 2 | Total baths | |||||||||
| 4 | Rooms | ||||||||||
| 2 | na |  Parking | |||||||||
| 1,364 | 1,364 |  Interior sf | |||||||||
| 0 |  Lanai sf | ||||||||||
| Other roofed sf | |||||||||||
| 1,364 | Total sf | ||||||||||
| 0 |  Gar/Cpt sf | ||||||||||
| 4,814 | 4,814 |  Land sf | |||||||||
| $3,300,000 8/21/2021 | Original list | ||||||||||
| Sold | Status | ||||||||||
| $2,400,000 |  Sold price | ||||||||||
| Fee Simple | Fee Simple | Tenure | |||||||||
| No | Fractional | ||||||||||
| 1935 | 1935 | Year built | |||||||||
| 0 na | Remodeled | ||||||||||
| $ 0 $ 0 $ 0 $ 0 Includes: None | AOAO fee AOAO other Maint fee AOAO total fees | ||||||||||
| City Ocean |  View | ||||||||||
| Gentle Slope | Topography | ||||||||||
| Other | Land Features | ||||||||||
| None | Recorded | ||||||||||
| A-2 Medium Density Apartme | A-2 | Zoning | |||||||||
| Zone - X | Flood | ||||||||||
| Corner Dead End | Location | ||||||||||
| City & County | Setbacks | ||||||||||
| None | Easements | ||||||||||
| Fair | Condition | ||||||||||
| Other | Flooring | ||||||||||
| Asphalt Shingle | Roof | ||||||||||
| Other | Inclusions | ||||||||||
| na | Exclusions | ||||||||||
| None | Pool | ||||||||||
| na | Security | ||||||||||
| na | Amenities | ||||||||||
| na | Frontage | ||||||||||
| Detach Single Family Multiple Dwellings | Contemporary Stories Units | Architecture | |||||||||
| na | Model | ||||||||||
| Paved Rd | Road | ||||||||||
| Cable Connected Internet Overhead Electricity Public Water Telephone | Utilities | ||||||||||
| Single Wall | Materials | ||||||||||
| Two | StoriesType | ||||||||||
| Disclosure Stmt | Disclosures | ||||||||||
| 0 | 0 | Public Report | |||||||||
| 2 Car Garage Street | Parking | ||||||||||
| na | AOAO Name | ||||||||||
| na | AOAO Ph | ||||||||||
| na | Management Co Name | ||||||||||
| na | Management Co Ph | ||||||||||
| Cash | Buyer Financing | ||||||||||
| na | 1st Mortgagor | ||||||||||
| na | 1st Mortgage | ||||||||||
| na | 2nd Mortgagor | ||||||||||
| na | 2nd Mortgage | ||||||||||
| No/na | Foreclosure/Case# | ||||||||||
| 2021 | 2020 | Property tax year | |||||||||
| $ 923,500 | $ 972,100 | Land assessed | |||||||||
| $ 77,100 | $ 78,900 | Building assessed | |||||||||
| $ 0 | $ 0 | Home owner exemption | |||||||||
| $ 1,000,600 | $ 1,051,000 | Total assessed RPAD | |||||||||
| $ 292 | $ 307 | Tax per month rates | |||||||||
| 0 | Total rent | ||||||||||
| Building Permits | |||||||||||
| At Closing Subject to Rental Lease | Possession | ||||||||||
| None | Special | ||||||||||
| Cash Conventional Other | Financing | ||||||||||
| na | Furnished | ||||||||||
| No | New development | ||||||||||
| Monthly | Cost to own estimate: | ||||||||||
| $ 292 | Real Property Tax | ||||||||||
| $ 0 | Association Fee | ||||||||||
| $ 0 | Lease Rent | ||||||||||
| $ 292 | Cost to own (ex Mortgage, Ins & Elec) | ||||||||||
| 8/21/2021 | Active | ||||||||||
| 8/21/2021 | Price change | ||||||||||
| 3/6/2022 | Continue to show | ||||||||||
| na | Pending | ||||||||||
| na | Temp withdrawn | ||||||||||
| na | Back on market | ||||||||||
| na | Withdrawn | ||||||||||
| 7/1/2022 | Off market | ||||||||||
| 7/5/2022 | Status change | ||||||||||
| na | Advertise | ||||||||||
| na | Auction | ||||||||||
| Nathalie Mullinix R. U., Inc. | Listing Brokerage Firm | ||||||||||
| 8/21/2021 | Photos uploaded | ||||||||||
| 8/21/2021 | Supplement Mod | ||||||||||
Hawaii Home + Commercial LLC
1888 Kalakaua Ave C312, Waikiki, Honolulu, HI 96815
DCCA PV License # RB-20174
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Principal Broker
Robin Charles Glass (R), MBA, eng.
DCCA PV License # RB-20173
Ph: (808) 358-1774
Fax: (866) 925-1467
Email: glassr@hawaiihome.cc
Robin Charles Glass (R), MBA, eng.
DCCA PV License # RB-20173
Ph: (808) 358-1774
Fax: (866) 925-1467
Email: glassr@hawaiihome.cc
MLS and Public Records Databases synchronized every 15 minutes. Includes 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. © 2017 by HiCentral MLS, Ltd.