3 HOMES for the price of one in Kaka'ako! Unit A is a 3 bedroom/2 bath, Unit B is 3 bed/2 bath and Unit C is a 3 bedroom/2.5 bath (remodeled 2017 and currently tenant occupied). This property is situated between Piikoi & Pensacola Streets and just moments away from Ala Moana, schools, hospitals, banks, restaurants and freeway! Rare opportunity for investors and homeowners alike to own a well cared for multi-dwelling property that could accommodate a large multi-generational family or generate great rental income. Fully fenced property with driveway gate secures over 6 off-street parking stalls and even room for a boat! There are (3) Laundry areas, (2) Electric Meters, Solar Water Heaters, Gas Appliances, Air Conditioning and More. Mixed use zoned and see HCDA rules: allows Single Family, Multi-Family, Apartment buildings, Office, Live/Work, Retail Sales, Church, Medical Clinic, Day Care, Care Home uses, Electric Vehicle Charging and others (up to 5.5 FAR). 100 foot height limit. Please Note: The rental income above is an estimate as two units are vacant and the other one is rented below market to a family member. This property won't last long and schedule your visit today!
Property Features
Bathrooms
Interior Features
- Furnished Description: Unfurnished
Land Info
- Lot Description: Cleared, Interior Lot, Level
- Lot Size Acres: 0.1239669
- Topography: Level
- Lot Size Square Feet: 5400
Garage and Parking
- Open Parking: Yes
- Parking Features: Covered, Open, Tandem, Unassigned
- Parking Total: 6
Homeowners Association
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
Multi-Unit Info
Amenities and Community Features
- Community Features: Storage Facilities
Other Property Info
- Annual Tax Amount: 6150.24
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: KAKAAKO
- Parcel Number: 1-2-3-011-024-0000
- Postal City: Honolulu
- Subdivision: KAKAAKO
- Zoning Description: KA - State jurisdiction, refer
- Property Subtype: Multi Family
- Source System Name: C2C
Commercial Info
- Net Operating Income: 105066.7599999
- Operating Expense: 23333.24000000
- Operating Expense Includes: Water/Sewer
Building and Construction
- Year Built: 1946
- Construction Materials: Double Wall, Single Wall, Wood Frame
- Levels: One, Two
- Property Age: 79
- Property Condition: Good Condition
- Levels or Stories: 1
- Structure Type: Multi Family
Utilities
- Sewer: Connected
- Above Ground Utilities
- Electricity Available
- Natural Gas Available
- Sewer Available
- Water Available
- Sewer Connected
- Water Source: Public