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1242 Makaloa Street, Honolulu, HI 96814

$2,230,000

  • Sold
  • Closed
  • Multi-Family
  • Ala Moana
  • Fee Simple
1242 Makaloa Street, Honolulu, HI 96814View this property at 1242 Makaloa Street, Honolulu, HI 96814
1242 Makaloa StreetHonoluluHI96814

Map & Location

Street View

Property Description

Solid hollow tile 2 story building in prime Ala Moana area close to the Ala Moana Shopping Center, Walmart/Sam Clubs, Kakaako and Kapiolani district. Nice mix of 2-2 bedroom, 5-1 bedroom and 1 studio units. Total 8 units. Freshly painted and new security front doors. Five covered parking carport in front of building. Laundromat with coin washers and dryers directly across street. Very stable long term tenants and strong possibility to increase below market rents to obtain even greater cash flow. Nice building and location rarely on the market for your client looking for a replacement property. Make offer subject to inspection, do not bother tenants. Priced to sell fast and will not last long!

Full Property Detailsfor 1242 Makaloa Street

General

  • Sold For: $2,230,000
  • Taxes: $337 (2017)
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: 201804579
  • Added: 121 day(s) ago

Rooms

Other Rooms

  • Laundry: Space

Additional Information

  • Amenities: None
  • Recreation: None

Parking

  • Parking Features: Assigned, Covered
  • Parking Type: Assigned, Covered
  • Other Parking Type: None

Location

  • Area: Metro
  • County: Oahu
  • Neighborhood: ALA MOANA

Utilities

  • Sewer: Connected
  • Utility Description: Overhead Electricity, Water
  • Metering: Electric, Individual, Water

Structural Information

  • Description/Design: Multi-Family
  • Exterior Const.: Concrete, Hollow Tile
  • Roof: Pitch & Gravel
  • Stories Description: Two
  • Square Feet: 3,796
  • Year Built: 1959
  • Remodeled/Updated: 2017
  • Property Condition: Above Average, Average

Unit Information

  • 1 Bedroom Units: 5
  • 2 Bedroom Units: 2

Lot Features

  • Property View: None
  • Lot Size (Sq. Ft.): 5,000
  • Topography: Level
  • Lot Features: Clear
  • Zoning: 12 - A-2 Medium Density Apartme
  • Lot Description: Clear

Financial Considerations

  • Expenses: Excise Tax, Insurance, Property Tax, Sewer Fee
  • Operating Expenses: $21,048
  • Tax Amount: $337
  • Tax Year: 2017
  • Terms: Cash, Conventional, Exchange
  • Tenant Pays: Cable TV, Electricity

Disclosures and Reports

  • Ownership: FS - Fee Simple
  • Special Conditions: None
  • Documents Avail.: Lease Documents, Survey
  • Land Tenure: Fee Simple
  • Flood Zone: Zone X
  • Disclosures/Reports: Licensed Owner
  • Property ID: 1-2-3-015-022-0000

Listed by Five Star Realty, Inc. and Five Star Realty, Inc.
Sold by List Sotheby's Int'l Realty

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Your Property Information

Your Contact Information

Schools

Schoolsserving 1242 Makaloa Street

School District:Hawai'i Department Of Education
School Name
Grades
Distance
Queen Ka Ahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
PK-5
0.5 mi
Robert Louis Stevenson Middle School
1202 Prospect St, Honolulu, HI 96822
6-8
1.1 mi
President William McKinley High School
1039 South King St, Honolulu, HI 96814
9-12
0.3 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 1242 Makaloa Street

Date
Details
Price
Change
Source
4/11/2018
Sold
$2,230,000
-2.53%
MLS
2/21/2018
Listed
$2,288,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Community Info

Community Infofor 1242 Makaloa Street

Listed by Five Star Realty, Inc. and Five Star Realty, Inc.
Sold by List Sotheby's Int'l Realty

1242 Makaloa Street, Honolulu, HI 96814 (MLS# 201804579) is a Multi-Family property that was sold at $2,230,000 on April 11, 2018. Want to learn more about 1242 Makaloa Street? Do you have questions about finding other Multi-Family real estate for sale in Ala Moana? You can browse all Ala Moana real estate or contact a Coldwell Banker agent to request more information.