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1909 Kahakai Drive, Honolulu, HI 96814

$8,495,000

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  • For Sale
  • Active
  • Multi-Family
  • Ala Moana
  • Fee Simple
  • Updated 12 days ago

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1909 Kahakai Drive, Honolulu, HI 96814View this property at 1909 Kahakai Drive, Honolulu, HI 96814
1909 Kahakai DriveHonoluluHI96814
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Property Description
4.8 % CAP rate !!!! Incredible return on 33 unit Apt Building located 1 block from Ala Moana Center, next to Hawaii Convention Center and short walk to Waikiki. Fully occupied, this well maintained Hollow Tile building is BACK ON THE MARKET .. Don't miss out. Current management collects additional income from tenants for Parking, Pets and Water, Etc. Each Tenant pays for own individually metered electric bill. Location, Location, Location Use Old Republic Escrow Kahala Branch - Jane Iwata for all offers.

Full Property Details for 1909 Kahakai Dr

General

  • Price: $8,495,000
  • Taxes: $8,004 (2018)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 201933460
  • Updated: 12/2/2019
  • Added: 12 day(s) ago

Additional Information

  • Amenities: None
  • Recreation: None

Parking

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

Location

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

Utilities

  • Sewer: Connected
  • Utility Description: Cable
  • Metering: Electric, Individual

Structural Information

  • Description/Design: Multi-Family
  • Exterior Const.: Concrete, Hollow Tile
  • Roof: Other
  • Stories/Levels: 3
  • Stories Description: Three
  • Square Feet: 10,458
  • Year Built: 1951
  • Remodeled/Updated: 2000
  • Property Condition: Excellent

Unit Information

  • 1 Bedroom Units: 8

Lot Features

  • Property View: City
  • Lot Size (Sq. Ft.): 11,728
  • Topography: Level
  • Lot Features: Clear
  • Zoning: 12 - A-2 Medium Density Apartme
  • Lot Description: Clear

Financial Considerations

  • Expenses: Excise Tax, Mgmt Fee, Other, Property Tax, Repair Maintenance, Sewer Fee
  • Operating Expenses: $122,004
  • Tax Amount: $8,004
  • Tax Year: 2018
  • Terms: Cash, Conventional, Exchange

Disclosures and Reports

  • Ownership: FS - Fee Simple
  • Special Conditions: None
  • Land Tenure: Fee Simple
  • Flood Zone: Zone AE
  • Disclosures/Reports: 1031 Exchange
  • Property ID: 1-2-3-036-028-0000

Listed by Island Prime Properties LLC

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Schools

Schools serving 1909 Kahakai Dr

School District:Hawaii Department Of Education
Score
Name
Grades
Distance
3
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
PK-5
0.8 mi
5
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
6-8
0.5 mi
2
Kaimuki High School
2705 Kaimuki Avenue, Honolulu, HI 96816
9-12
1.3 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

Price & Sales History for 1909 Kahakai Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/02/2019
Listed
$8,495,000
5.53%
MLS
10/30/2018
Sold
$8,050,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History

Tax History for 1909 Kahakai Dr

Year
Property Taxes
Change
Tax Assessment
Change
2018
$8,007
-5%
$2,287,800
-5%
2017
$8,407
3%
$2,402,000
3%
2016
$8,153
8%
$2,329,300
8%
2015
$7,539
1%
$2,153,900
1%
2013
$7,464
—
$2,132,500
1%
2013
$7,464
1%
$2,102,700
-1%
2012
$7,361
-1%
$2,132,500
1%
2011
$7,427
—
$2,103,200
-1%
2011
$7,427
-1%
$2,121,900
-3%
2010
$7,515
-2%
$2,197,400
2%
2010
$7,676
8%
$2,144,000
-1%
2009
$7,098
6%
$2,157,500
6%
2008
$6,679
—
$2,030,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 1909 Kahakai Dr

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Listed by Island Prime Properties LLC

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1909 Kahakai Drive, Honolulu, HI 96814 (MLS# 201933460) is a Multi-Family property with 33 units containing 0 bedrooms and 0 full bathrooms. 1909 Kahakai Drive is currently listed for $8,495,000 and was received on December 02, 2019. Want to learn more about 1909 Kahakai Drive? 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.

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