420 Olohana Street
Honolulu, HI 96815

Added on 03/28/2024

Property Type

Multi-Family

Beds

Bedrooms

Baths

Bathroom

Parking

Parking 5

Balcony

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

Total Sqft Size 8640

Lot Size Area 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 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

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Laurynn Paet
Laurynn Paet

RA-83545

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Text or call 808-773-3266

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

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