$2,800,000

  • NEW MLS® #: 202209008
  • 745 Makaleka Ave
  • Honolulu, HI 96816

$2,800,000

  • NEW MLS® #: 202209008
  • 745 Makaleka Ave
  • Honolulu, HI 96816
0 Beds
0 Baths
4,514 Sqft
.14 Acres
1962
Year Built
  • Overview 4514 SQ. Feet, 0.14 Acres
  • Listing Type Multi-Family
  • Office: Standard Management LLC

First time on the market. Well-maintained 8 unit all-concrete building with excellent unit mix – (6) 2-bedroom and (2) 1-bedroom units. 9 total parking stalls available. 7 on-site parking stalls (one stall is tandem) + 2 stalls leased directly across Makaleka Street for $60/mo each. There is also the ability to rent additional stalls across the street if desired, and plenty of street parking. All units have lanais and most have washing machines. This building has copper gutters, separate electrical meters, and a rare yard in the back. Over $200,000 in capital improvements over the past 5 years. Sizeable land area provides development options under Bill 7. Very close to stores and restaurants on Kapahulu Ave. 3 units are vacant and easy to show. Proforma NOI should be closer to $125,600.

Essential Information

MLS® #202209008
Price$2,800,000
Bathrooms0.00
Square Footage4,514
Acres0.14
Year Built1962
TypeMulti-Family
Sub-TypeMulti-Family
Land TenureFS - Fee Simple
StatusIn Escrow Showing

Community Information

Address745 Makaleka Ave
AreaMetro
SubdivisionKAPAHULU
StateHI
Zip Code96816

Amenities

AmenitiesNone
FeaturesApartments
Parking Spaces7
ParkingAssigned, Open, Tandem
ViewNone

Utilities

Cable, Overhead Electricity, Public Water

Interior

StoriesTwo

Exterior

Lot DescriptionOther
RoofPitch & Gravel
ConstructionConcrete
FrontageOther

School Information

ElementaryLiholiho
MiddleKaimuki
HighKaimuki

Additional Information

Date ListedMay 9th, 2022
Days on Market7
Description Land TenureFS - Fee Simple

Zoning

12 - A-2 Medium Density Apartme

Listing Details

OfficeStandard Management LLC

Property History

Status Changed from Active to In Escrow Showing
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Quick Details

This Property is priced at $2,800,000 and located at 745 Makaleka Ave, . With 0 Bedrooms and 0.00 Bathrooms, it offers a total of 4514 Square feet. This Multi-Family was built in 1962 and its status is In Escrow Showing. This property is represented by Sarah Ikioka of Standard Management LLC, Contact Number (808) 208-8107, our team of Realtors can represent you at no additional cost.

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Based on information from the Multiple Listing Service of the HiCentral MLS®, Ltd. active listings last updated on May 22nd, 2022 at 7:21pm HST. Information is deemed reliable but not guaranteed. Copyright: 2022 by the HiCentral MLS®, Ltd.

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