Waikiki Apartment complex with 19 units on Ala Wai Blvd. 3 one-bedrooms, 16 studios, (5 non-conforming) in two buildings. High occupancy rate with long-term tenants. Resident manager occupies a 1-bedroom unit. Showing by appointment only with Buyer's Agent present. Do not disturb tenant occupants. Short distance from famous Waikiki Beach and convenient bus line. Buyer to do Due Diligence.
Property Features
Bathrooms
Appliances
- Dryer
- Washer
- Laundry Features: Coin-operated
Interior Features
- Furnished Description: Unfurnished
Exterior and Lot Features
Land Info
- Lot Description: Level
- Lot Size Acres: 0.1716253
- Topography: Level
- Lot Size Square Feet: 7476
Garage and Parking
- Open Parking: Yes
- Parking Features: Assigned, Covered, Open
- Parking Total: 3
Home Features
- View: Canal, City, Golf Course, Garden, Mountain(s), Sunrise
School Information
- Elementary School: Waikiki
- High School: Kaimuki
- Middle School: Washington
Homeowners Association
- Association Amenities: Management
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
Multi-Unit Info
Rental Info
Amenities and Community Features
- Community Features: Storage Facilities
Other Property Info
- Annual Tax Amount: 11064.00
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: WAIKIKI
- Parcel Number: 1-2-6-025-041-0000
- Postal City: Honolulu
- Subdivision: WAIKIKI
- Zoning Description: X2 - Apartment Precinct
- Property Subtype: Multi Family
- Source System Name: C2C
Commercial Info
- Net Operating Income: 195000
- Operating Expense: 81000
- Operating Expense Includes: Insurance, Manager, Maintenance, Real Estate Tax, New Tax, Water/Sewer
Building and Construction
- Year Built: 1942
- Construction Materials: Double Wall, Wood Frame
- Foundation Details: Slab
- Levels: Two
- Property Age: 83
- Property Condition: Average Condition
- Levels or Stories: 2
- Structure Type: Apartment, Multi Family
Utilities
- Sewer: Connected
- Above Ground Utilities
- Cable Available
- Electricity Available
- Natural Gas Available
- High Speed Internet Available
- Sewer Available
- Water Available
- Sewer Connected
- Water Source: Public