This large house is rented to IHS (Institute for Human Services) as a shelter for homeless people immediately after being discharged from hospitals. If they have to go back to homeless lifestyle, many will not recover and have to be admitted to the hospital again. The program is administered by IHS, but it is sponsored by hospitals. So, there is little risk of vacancy and collection loss. It saved millions on medical expenses during the first year alone. Practically a net lease as IHS manages their operations. Property tax is reduced to $300/yr since it is leased to an NPO. Cap rate of 4.52% with four years left in lease indexed to CPI. Immediate cash flow with $5,500/mo rent. 36 Photovoltaic panels. Tax records do not match actual square footage.
Full Property Details
Full Property Details for 1330 Dominis St
Taxes: $25 (2018)
Status: In Escrow Showing
Type: Single Family
MLS ID: 201818487
Added: 119 day(s) ago
Flooring: Ceramic Tile, Hardwood, W/W Carpet
Total Bathrooms: 4
Full Bathrooms: 4
Total Bedrooms: 6
Pool Description: None
Garage Description: 396 Sq. Ft.
Parking Features: Garage
Neighborhood: MAKIKI AREA
Utility Description: Cable, Gas, Internet, Public Water, Sewer Fee, Telephone, Water
Architectural Style: Detach Single Family
Description/Design: Single Family
Exterior Const.: Wood Frame
Stories Description: Two
Square Feet: 2,696
Year Built: 1945
Property Condition: Average
Property View: City, Ocean
Lot Size (Sq. Ft.): 5,000
Frontage: Paved Rd
Topography: Gentle Slope
Lot Features: Clear
Zoning: 05 - R-5 Residential District
Water View: Yes
Tax Amount: $25
Tax Year: 2018
Terms: Cash, Conventional
Disclosures and Reports
Ownership: FS - Fee Simple
Special Conditions: None
Land Tenure: Fee Simple
Inclusions: AC Split, AC Window Unit, Book Shelves, Ceiling Fan, Dishwasher, Disposal, Dryer, Photovoltaic, Range Hood, Range/Oven, Refrigerator, Washer
Disclaimer: School ratings provided by
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School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
1330 Dominis Street, Honolulu, HI 96822 (MLS# 201818487) is a
Single Family property with 6 bedrooms and 4 full bathrooms.
1330 Dominis Street is currently listed for $1,350,000 and was received on July 17, 2018.
This property is listed by Junji Ono from our NATO - East Office.Want to learn more about 1330 Dominis Street?
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