WAIKIKI 448 Kuamoo St, Honolulu
$2,899,000 - 2,706 Sf
MLS® # 202325932
0 Beds
0 Baths
10,000 Sqft
.15 Acres
1949
Year Built
- Overview 10000 SQ. Feet, 0.15 Acres
- Listing Type Multi-Family
- Office: Standard Management LLC
INCREDIBLE CASHFLOW OPPORTUNITY IN WAIKIKI priced at only $150,000 per unit. 18 solid concrete renovated units with 18 parking stalls on a total of 12,914 SF of land in world-famous Waikiki. The property has no trouble staying rented, and Waikiki typically has higher rent appreciation than other neighborhoods due to the year-round global demand. This property is leasehold with 40 years remaining on the ground lease and 15 years of known rent, making it financeable and eligible for a 1031 exchange. Ideal for a buyer looking to achieve a great return on their money for at least the next 40 years. Separately metered for electricity and tenants are billed back for water.
Essential Information
MLS® #202408267
Price$2,700,000
Bathrooms0.00
Square Footage10,000
Acres0.15
Year Built1949
TypeMulti-Family
Sub-TypeMulti-Family
Land TenureLH - Leasehold
StatusActive
Community Information
Address331 & 333 Hobron Ln
AreaMetro
SubdivisionWAIKIKI
Amenities
AmenitiesA/C, Secured Lobby
FeaturesApartments, Multi Dwellings
Parking Spaces18
ParkingAssigned
ViewSunset
Utilities
Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Water
Interior
Stories4-7
Exterior
Lot DescriptionClear
RoofCustom/Specialty
ConstructionConcrete
FrontageOther
School Information
ElementaryLunalilo
MiddleWashington
HighKaimuki
Additional Information
Date ListedApril 15th, 2024
Monthly Lease Fees$11,009
Lease ExpiresDecember 31st, 1964
Days on Market13
ZoningX2 - Apartment Precinct
Description Land TenureLH - Leasehold
Listing Details
OfficeStandard Management LLC
Office Contact(808) 208-8107
WAIKIKI Map
Quick Details
This Property is priced at $2,700,000 and located at 331 & 333 Hobron Ln, . With 0 Bedrooms and 0.00 Bathrooms, it offers a total of 10000 Square feet. This Multi-Family was built in 1949 and its status is Active. This property is represented by Michael M Okamoto 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 April 29th, 2024 at 7:36am HST. Information is deemed reliable but not guaranteed. Copyright: 2024 by the HiCentral MLS®, Ltd.
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