2118 Citron Street
Honolulu, HI 96826
$3,349,000
Property Type
Multi-Family
Beds
Baths
Parking
5
Balcony
No
Basic Info
- MLS Number: 202303360
- HOA Fees:
- Maintenance Fees:
- Neighbourhood: MOILIILI
- TMK: 1-2-7-7-50
- Annual Tax Amount: $9330.36/year
Property description
3599
12000.00
PRIME LOT situated in the heart of Honolulu less than a mile between both Waikiki and UH Manoa. So much potential: Bill 7 development, live in one, rent the other/ land bank and build later/ rent out as is—it’s all up to you! Owner has the following dd items: EDR Neighborhood Environmental Report, Geotechnical read more Report with boring logs and infiltration tests, a TOPO survey and conceptual plans with A-sheets and a prelim foundation design. Existing structures have 5 twos rented and a sixth as a tear-down. **Development options present a variety of potential paths for the creative owner: Bill 07 possibility of up to a maximum of 60 units and 48,000sf of floor area or standard A2 zoning for up to 16,080sf that takes advantage of the city’s newest parking exemptions for multi-family developments in the PUC. Not located in a HI School Impact District, new development save BIG on DOE Impact Fees, which start at close to $3,864 and up per unit (i.e. up to over $230,000 in savings!) in a number of Honolulu neighborhoods. **Buyers to do their own dd and verify all the latest city programs and rules with the appropriate experts and agencies**
Construction Materials: Above Ground,Single Wall,Wood Frame
Flooring:
Inclusion
Honolulu, HI 96826
Mortgage Calculator
$7777 per month
| Architectural Style: | N/A |
| Flood Zone: | Zone AO |
| Land Tenure: | FS - Fee Simple |
| Major Area: | Metro |
| Market Status: | Active |
| Unit Features: | N/A |
| Unit View: | None |
| Amenities: | None |
| Association Community Name: | N/A |
| Easements: | Electric |
| Internet Automated Valuation: | N/A |
| Latitude: | 21.2921161 |
| Longitude: | -157.8293374 |
| Listing Service: | Full Service |
| Lot Features: | Other |
| Lot Size Area: | 12000.00 |
| MLS Area Major: | Metro |
| Parking Features: | Open |
| Permit Address Internet: | 1 |
| Pool Features: | N/A |
| Property Condition: | Fair |
| Property Sub Type: | Multi-Family |
| SQFT Garage Carport: | N/A |
| SQFT Roofed Living: | N/A |
| Stories Type: | One |
| Topography: | Level,Other |
| Utilities: | Cable,Gas,Internet,Overhead Electricity,Public Water,Sewer Fee,Water |
| View: | None |
| YearBuilt: | 1955 |
839957