3536 Salt Lake Boulevard
Honolulu, HI 96818

Added on 09/17/2023

Property Type







Parking 8


Balcony No

Basic Info

  • MLS Number: 202308788
  • HOA Fees:
  • Maintenance Fees:

  • Neighbourhood: ALIAMANU
  • TMK: 1-1-1-18-5
  • Annual Tax Amount: $3300.00/year

Property description

Total Sqft Size 1800

Lot Size Area 7500.00

Fantastic opportunity to own one of the largest and lowest cost Bill 7 qualified properties in the Honolulu Metro area! Architectural rendering is for illustrative purposes only. Bill 7 encourages new multifamily development by offering huge fee waivers for water, sewer, permits and 10 years of property tax abatement for a new building! DPP has approved construction of an 8 unit (2br/1ba) apartment building. Larger (24 unit) build, inquire w/ DPP. Golf-course view for new apartment/condo building structure above 3 stories. Conveniently located with easy access to freeways, Aloha Stadium, Salt Lake and Moanalua Shopping centers. Existing 7500sf level lot has a 2BR/1BA home in the rear (3-car covered parking under the home) and a duplex (each with 2BR/1BA) in the front. Each unit is approximately 600sf with separately metered electric and water with own washer/dryer. Current rents have been fixed since 2018 and pro-forma rent-roll is $68,400/yr. Good income property, but unique Bill 7 development opportunity can be transformational for the right investor. Buyers to complete all due diligence that they deem material. Sold AS-IS. Please use commercial PSA. Include AS IS addendum.

Construction Materials: Above Ground,Other,Single Wall



Honolulu, HI 96818

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$3193 per month

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Architectural Style: N/A
Flood Zone: Zone X
Land Tenure: FS - Fee Simple
Major Area: Metro
Market Status: Active
Unit Features: N/A
Unit View: None
Amenities: A/C,Other,Storage
Association Community Name: N/A
Easements: Other
Internet Automated Valuation: N/A
Latitude: 21.3468702
Longitude: -157.9199983
Listing Service: Full Service
Lot Features: Other
Lot Size Area: 7500.00
MLS Area Major: Metro
Parking Features: Covered,Open,Unassigned
Permit Address Internet: 1
Pool Features: N/A
Property Condition: Average,Fair
Property Sub Type: Multi-Family
SQFT Garage Carport: N/A
SQFT Roofed Living: N/A
Stories Type: One,Two
Topography: Level,Other
Utilities: Cable,Internet,Other,Overhead Electricity,Public Water,Telephone,Water
View: None
YearBuilt: 1954

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