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420 Olohana Street
Honolulu, HI 96815
$3,988,000
Property Type
Multi-Family
Beds
Baths
Parking
5
Balcony
No
Basic Info
- MLS Number: 202311288
- HOA Fees:
- Maintenance Fees:
- Neighbourhood: WAIKIKI
- TMK: 1-2-6-16-44
- Annual Tax Amount: $8283.00/year
Property description
8640
4500.00
Vacant, fee simple, 16-unit apartment building in Waikiki that is zoned Apartment Mixed Use. Great location with a straightforward path to renovating and getting high rents in line with the rest of Waikiki, but it needs significant renovation and repair work. The property is currently 100% vacant which offers a value-add investor a blank read more canvas to refurbish the building on their own timeline. Solid concrete building, separately metered for electricity and large common area spaces with room to add amenities like storage. Add coin operated laundry for additional income. APARTMIX zoning may allow for some commercial uses – please consult your architect to discuss ways to take advantage of this zoning. Sale is subject to Seller executing a 1031 exchange.
Construction Materials: Hollow Tile
Flooring:
Inclusion
Honolulu, HI 96815
Mortgage Calculator
$9261 per month
Architectural Style: | N/A |
Flood Zone: | Zone AO |
Land Tenure: | FS - Fee Simple |
Major Area: | Metro |
Market Status: | Active Under Contract |
Unit Features: | N/A |
Unit View: | City |
Amenities: | None |
Association Community Name: | N/A |
Easements: | None |
Internet Automated Valuation: | 1 |
Latitude: | 21.284039 |
Longitude: | -157.8305017 |
Listing Service: | Full Service |
Lot Features: | Other |
Lot Size Area: | 4500.00 |
MLS Area Major: | Metro |
Parking Features: | Assigned |
Permit Address Internet: | 1 |
Pool Features: | N/A |
Property Condition: | Needs Major Repair |
Property Sub Type: | Multi-Family |
SQFT Garage Carport: | N/A |
SQFT Roofed Living: | N/A |
Stories Type: | 4-7 |
Topography: | Level |
Utilities: | Underground Electricity,Water |
View: | City |
YearBuilt: | 1960 |
897347