Once in a lifetime opportunity to own one of the largest single parcel, fee simple, apartment zoned properties in Waikiki--one of Hawaii's most important real estate markets. Only 12 fee simple Waikiki properties over 7, 000 sq. ft. have been registered as sold on the MLS in the past 3 decades. Conveniently located on a quiet residential street on the Diamond Head side of Waikiki, this spacious & level lot boasts 4 single family homes. Each 3BD/1BA home is approx. 747 sq. ft. & is separately metered for electricity & water. Each home has its own full size washer/dryer & parking stall (5 stalls total for 6 cars, 1 stall is tandem). These tastefully upgraded vintage Waikiki Plantation homes with entryway patios & soaring 9 foot ceilings were built in 1939 & collectively evokes the charms of yesteryear Waikiki. Featured on Magnum PI! EXCELLENT income property, but development & renovation opportunities abound for its next chapter. Its superior location puts you within moments to world famous Waikiki Beach & various dining, entertainment, & employment options throughout Waikiki, Kakaako, & metro Honolulu. Buyers to complete all due diligence that they may deem material. Sold AS-IS.
Property Features
Bathrooms
Appliances
- Dryer
- Washer
- Laundry Features: In Unit
Interior Features
- Furnished Description: Unfurnished
Land Info
- Lot Description: Cleared, Level
- Lot Size Acres: 0.1630624
- Topography: Level
- Lot Size Square Feet: 7103
Garage and Parking
- Open Parking: Yes
- Parking Features: Assigned, Covered, Open, Tandem
- Parking Total: 6
School Information
- Elementary School: Jefferson
- High School: Mckinley
- Middle School: Washington
Homeowners Association
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
Multi-Unit Info
Rental Info
- Tenant Pays: Cable TV, Electricity, Water
Other Property Info
- Annual Tax Amount: 6684.96
- Source Listing Status: Active Under Contract
- County: Oahu
- Source Property Type: Residential
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: WAIKIKI
- Parcel Number: 1-2-6-028-044-0000
- Postal City: Honolulu
- Subdivision: WAIKIKI
- Zoning Description: X2 - Apartment Precinct
- Property Subtype: Multi Family
- Source System Name: C2C
Commercial Info
- Net Operating Income: 120916
- Operating Expense: 18884
- Operating Expense Includes: Insurance, Maintenance, Real Estate Tax, New Tax
Building and Construction
- Year Built: 1939
- Building Area Total: 2988
- Construction Materials: Single Wall, Wood Frame
- Levels: One
- Property Age: 86
- Property Condition: Average Condition
- Levels or Stories: 1
- Structure Type: Multi Family
- House Style: Fourplex
- Total Area Sqft: 2988
- Year Built Effective: 2015
- Architectural Style: Fourplex
Utilities
- Sewer: Connected
- Above Ground Utilities
- Cable Available
- Electricity Available
- High Speed Internet Available
- Sewer Available
- Water Available
- Sewer Connected
- Water Source: Public