$1,399,000

  • REDUCED MLS® #: 202400524
  • 808 Makaleka Ave
  • Honolulu, HI 96816

$1,399,000

  • REDUCED MLS® #: 202400524
  • 808 Makaleka Ave
  • Honolulu, HI 96816
0 Beds
0 Baths
0 Sqft
.07 Acres
1941
Year Built
  • Overview 0.07 Acres
  • Listing Type Multi-Family
  • Office: CBI Residential Advisory Svcs.

$71,914/yr CURRENT NOI. 4.96% CAP, self managed. $86,314 PROFORMA NOI. 5.96% CAP, self managed. Extremely desirable location, 1 block of Kapahulu (directly behind Safeway). 100% Occupied. Long term tenants (4 of 6 are over 10 years) and all M-T-M. Low property tax. NOT in a flood zone. 3 tandem parking stalls with plenty of quiet street parking. 1 water meter, 4 electric meters: owner pays for units E (studio), F, and Laundry. 1031X contingent (however, Seller has identified replacement properties.)

Essential Information

MLS® #202400524
Price$1,399,000
Bathrooms0.00
Acres0.07
Year Built1941
TypeMulti-Family
Sub-TypeMulti-Family
Land TenureFS - Fee Simple
StatusActive

Community Information

Address808 Makaleka Ave
AreaMetro
SubdivisionKAPAHULU
StateHI
Zip Code96816

Amenities

AmenitiesNone
FeaturesApartments
Parking Spaces3
ParkingTandem
ViewCity

Utilities

Cable, Overhead Electricity, Public Water, Water

Interior

StoriesTwo

Exterior

Lot DescriptionClear
RoofAsphalt Shingle
ConstructionHollow Tile

Additional Information

Date ListedJanuary 8th, 2024
Days on Market114
Description Land TenureFS - Fee Simple

Zoning

12 - A-2 Medium Density Apartme

Listing Details

OfficeCBI Residential Advisory Svcs.
Office Contact(808) 942-7100

Property History

Price Reduced from $1,449,000 to $1,399,000
Price Reduced from $1,499,000 to $1,449,000
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Quick Details

This Property is priced at $1,399,000 and located at 808 Makaleka Ave, . With 0 Bedrooms and 0.00 Bathrooms, it offers a total of 0 Square feet. This Multi-Family was built in 1941 and its status is Active. This property is represented by Alan J Christopher of CBI Residential Advisory Svcs., Contact Number (808) 942-7100, 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 2nd, 2024 at 3:51pm HST. Information is deemed reliable but not guaranteed. Copyright: 2024 by the HiCentral MLS®, Ltd.

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