808 Makaleka Avenue

Honolulu, HI 96816 View Map $1,399,000 Schedule a Tour
Sq.Ft. Lot3,000
Year1941
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Koa Cassady

Koa Cassady

(808) 777-0588
 
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Status: Active
Property Type:Multi-Family
MLS #:202400524
On Site:189 Days
Lot Size:3,000 Sq. Ft.
County:Oahu
$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.)

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$000 Monthly Payment
Loan and interest only.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
1/9/2024$1,499,000$1,449,000-3.3%
2/13/2024$1,449,000$1,399,000-3.5%

Community Information

Address:808 Makaleka Avenue, Honolulu, HI 96816
Area:Metro
County:Oahu
Neighborhood:Kapahulu
Zip Code:96816

Architecture

Year Built:1941
Stories:Two
Construction Type: Hollow Tile
Building Num. Floors: Two
Roof: Road Frontage
Parking: Tandem

Features / Amenities

Property Condition: Average

Property Features

Lot Size: 3,000 Sq. Ft.
Lot Features: Clear
Land Tenure: Fee Simple
Topography: Level
View: City
Location: Cul-De-Sac
Utilities Available: Cable, Overhead Electricity, Public Water, Water
Sewer: Connected
Zoning:12 - A-2 Medium Density Apartme

Tax and Financial Info

Tax Amount: $293.56
Tax Annual Amount: $3,522.72
Tax Year: 2023
Financing Terms: Cash, Conventional
Tenants Responsibilities Includes: Cable TV, Electricity
Total Actual Rent: $7,400
Net Operating Income: $71,914
Other Income: $125
Total Income: $90,300
Total Annual Operating Expenses: $18,386
Documents: Lease Documents, Title Search
Disclosures: 1031 Exchange

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808 Makaleka Avenue Honolulu,  HI 96816
GO SEE THIS LISTING
808 Makaleka Avenue Honolulu, HI 96816
 
ASAP
Mon
15
Jul
Tue
16
Jul
Wed
17
Jul
Thu
18
Jul
Fri
19
Jul
Sat
20
Jul
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21
Jul
Choose Your Date -- It's Free, Cancel Anytime
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Listing Information Last Updated 7/14/2024
Listing provided courtesy of Cbi Residential Advisory Svcs..
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