$699,000

  • MLS® #: 202403891
  • 1120 Pua Ln
  • Honolulu, HI 96817

$699,000

  • MLS® #: 202403891
  • 1120 Pua Ln
  • Honolulu, HI 96817
0 Beds
0 Baths
7,170 Sqft
.26 Acres
1991
Year Built
  • Overview 7170 SQ. Feet, 0.26 Acres
  • Listing Type Multi-Family
  • Office: Savio Realty Ltd.

CASH COW. Rare Leasehold asset with excellent income and irresistible pricing. Built in 1991, this income GEM is well maintained and rented by the room. Resident manager on site and make sure the property sparkles. Better that 1:1 parking. Currently rented BY THE ROOM (39 rooms) with shared kitchen and bathroom = 7 five bed/1 ba + 2 three bed, one ba. Can convert to 9 separate rentals to lessen management and overhead (electric and water included, 10 electric meters, 1 water meter), plus Bonus electric charging station for EV)! Lender has verified a $270,000 loan based on “known” rental period to 2027. Lease ends in 2037.

Essential Information

MLS® #202403891
Price$699,000
Bathrooms0.00
Square Footage7,170
Acres0.26
Year Built1991
TypeMulti-Family
Sub-TypeMulti-Family
Land TenureLH - Leasehold
StatusIn Escrow Showing

Community Information

Address1120 Pua Ln
AreaMetro
SubdivisionPALAMA
StateHI
Zip Code96817

Amenities

FeaturesApartments
Parking Spaces18
ParkingAssigned, Open
ViewNone, Other

Amenities

Fire Sprinkler, Resident Manager

Utilities

Cable, Overhead Electricity, Public Water, Sewer Fee, Water

Interior

StoriesThree

Exterior

Lot DescriptionClear
RoofComposition
ConstructionWood Frame
FrontageOther

School Information

ElementaryLikelike
MiddleKeelikolani
HighMckinley

Additional Information

Date ListedFebruary 20th, 2024
Monthly Lease Fees$6,742
Lease ExpiresApril 2nd, 2037
Days on Market20
Description Land TenureLH - Leasehold

Zoning

12 - A-2 Medium Density Apartme

Listing Details

OfficeSavio Realty Ltd.
Office Contact(808) 955-6672

Property History

Status Changed from Active to In Escrow Showing
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Quick Details

This Property is priced at $699,000 and located at 1120 Pua Ln, . With 0 Bedrooms and 0.00 Bathrooms, it offers a total of 7170 Square feet. This Multi-Family was built in 1991 and its status is In Escrow Showing. This property is represented by Lillian Shaw of Savio Realty Ltd., Contact Number (808) 294-0008, our team of Realtors can represent you at no additional cost.

Based on information from the Multiple Listing Service of the HiCentral MLS®, Ltd. active listings last updated on May 2nd, 2024 at 6:36pm HST. Information is deemed reliable but not guaranteed. Copyright: 2024 by the HiCentral MLS®, Ltd.

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