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1576 Pensacola Street, Honolulu, HI 96822
$2,500,000
1576 Pensacola Street, Honolulu, HI 96822View this property at 1576 Pensacola Street, Honolulu, HI 96822
1576 Pensacola StreetHonoluluHI96822
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Property Description
This 10,858 sq ft of prime (A-2) Apartment zoned land in Makiki has a solid 2 story apartment building with a 3 bed / 2 bath upstairs as well as a 3/2 downstairs, 1,320 sq ft of living space each, granite countertops in the kitchens and bathrooms, and painted concrete floors. The vintage corner 2/1 cottage (672 sq ft with address of 1580 Pensacola St) nestled under the iconic Makiki banyan tree makes for shady natural living. Each of the 3 units are separately metered for electricity, and each has their own laundry. This great location on the corner of Pensacola St and Wilder Ave is convenient to bus lines, Biki bikes, and just minutes to the freeway. You'll see that the back of the property on the Wilder Avenue side is bare and ready to be developed. Ask your architect about the massive development potential of a 10,858 sq ft parcel within a medium density A-2 Apartment Zone especially given the provisions of the City's Bill 7, the State's 201H Housing Program, or to simply build an apartment building and maximize the standard entitlements. The units are tenant occupied. Please do not walk on the property nor disturb the tenants.
Full Property Details
Full Property Details for 1576 Pensacola St
General
- Sold For: $2,500,000
- Taxes: $8,616 (2020)
- Status: Closed
- Type: Multi-Family
- MLS ID: 202125316
- Added to Site: 927 day(s) ago
Interior
- Furnishings: None
Rooms
Other Rooms
- Laundry: Dryer, Individual, Washer
Additional Information
- Amenities: A/C, Storage
- Recreation: None
Parking
- Parking Features: Assigned
- Parking Type: Assigned
- Other Parking Type: <10 Spaces
Location
- Area: Metro
- County: Oahu
- Neighborhood: MAKIKI AREA
School Information
- Elementary School: Lincoln
- Middle School: Stevenson
- High School: Roosevelt
Utilities
- Sewer: Connected
- Utility Description: Cable, Internet, Overhead Electricity, Sewer Fee, Telephone, Water
- Metering: Electric, Individual, Water
Structural Information
- Description/Design: Multi-Family
- Exterior Const.: Brick, Hollow Tile, Single Wall
- Roof: Asphalt Shingle, Composition
- Stories Description: One, Two
- Square Feet: 3,312
- Year Built: 1960
- Remodeled/Updated: 2007
- Property Condition: Above Average, Average
Unit Information
- 2 Bedroom Units: 1
- 3 Bedroom Units: 2
Lot Features
- Property View: Cemetery, City, Garden, Mountain
- Mountain views: Yes
- Lot Size (Sq. Ft.): 10,858
- Topography: Gentle Slope
- Lot Features: Clear
- Zoning: 12 - A-2 Medium Density Apartme
- Lot Description: Clear
Financial Considerations
- Expenses: Excise Tax, Insurance, Property Tax, Repair Maintenance, Sewer Fee
- Operating Expenses: $18,750
- Tax Amount: $8,616
- Tax Year: 2020
- Terms: Cash, Conventional
- Tenant Pays: Cable TV, Electricity
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: FS - Fee Simple
- Special Conditions: Subject To Replacement Property
- Documents Avail.: Survey
- Land Tenure: Fee Simple
- Flood Zone: Zone X
- Disclosures/Reports: 1031 Exchange, Pet on Property, Relative of Licensee
- Property ID: 1-2-4-018-001-0000
Listed by eXp Realty
Sold by Oceans Real Estate
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Schools
Schools serving 1576 Pensacola St
School District:Hawaii Department Of Education
Rating | Name | Grades | Distance |
---|---|---|---|
615 Auwaiolimu St, Honolulu, HI 96813 | K-5 | 0.4 mi | |
1202 Prospect St, Honolulu, HI 96822 | 6-8 | 0.3 mi | |
1120 Nehoa St, Honolulu, HI 96822 | 9-12 | 0.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1576 Pensacola St
Date
Details
Price
Change
Source
3/31/2022
Sold
$2,500,000
—
MLS
10/11/2021
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1576 Pensacola Street, Honolulu, HI 96822 (MLS# 202125316) is a Multi-Family property that was sold at $2,500,000 on March 31, 2022. Want to learn more about 1576 Pensacola Street? Do you have questions about finding other Multi-Family real estate for sale in Makiki Area? You can browse all Makiki Area real estate or contact a Coldwell Banker agent to request more information.