17 photos 
1662 Lewalani Drive
Honolulu, HI 96822
$4,390,000
Monthly mortgage paymentsProperty Type
Multi-Family
Beds
Baths
Parking
10
Balcony
No
Basic Info
- MLS Number: 202311027
- HOA Fees:
- Maintenance Fees:
- Neighbourhood: MAKIKI
- TMK: 1-2-4-30-33
- Annual Tax Amount: $8932.32/year
Property description
7524
8736.00
100% leased 12-unit apartment building in a well-located part of Makiki. Excellent stabilized cash flow
opportunity which is turnkey for an investor. The property underwent a major renovation in 2020 including new
quartz countertops, cabinets, vanities, lights, ceiling fans, LVT flooring, interior paint, tiled showers*, stainless
steel microwaves and gas ranges/ovens, washer dryers, and low flow water read more fixtures. In addition, the driveway
and parking lot was repaved with new asphalt and concrete in some areas, as well as updated landscaping to the
property. Roof re-coated and resealed in 2022!
INVESTMENT HIGHLIGHTS
- Renovated units with luxury finishes
- Excellent unit mix
- CMU construction
- Large Units
- Electricity & Gas are separately metered
- All units have their own washer/dryer
- 10 on-site parking spaces
- In-place 4.9% CAP rate
Construction Materials: Hollow Tile
Flooring:
Inclusion
Honolulu, HI 96822
Mortgage Calculator
$10195 per month
| Architectural Style: | N/A |
| Flood Zone: | Zone X |
| Land Tenure: | FS - Fee Simple |
| Major Area: | Metro |
| Market Status: | Sold |
| Unit Features: | N/A |
| Unit View: | None |
| Amenities: | Secured Lobby |
| Association Community Name: | N/A |
| Easements: | Sewer |
| Internet Automated Valuation: | 1 |
| Latitude: | 21.307792 |
| Longitude: | -157.839212 |
| Listing Service: | Full Service |
| Lot Features: | Clear,Other |
| Lot Size Area: | 8736.00 |
| MLS Area Major: | Metro |
| Parking Features: | Assigned |
| Permit Address Internet: | 1 |
| Pool Features: | N/A |
| Property Condition: | Above Average |
| Property Sub Type: | Multi-Family |
| SQFT Garage Carport: | N/A |
| SQFT Roofed Living: | N/A |
| Stories Type: | Three |
| Topography: | Gentle Slope,Level |
| Utilities: | Cable,Gas,Internet,Overhead Electricity,Water |
| View: | None |
| YearBuilt: | 1966 |
Contact An Agent
869885