Price Reduction
Address
1568 Pensacola Street Honolulu, HI
Price
$ 1,488,000
Property Attributes
  • MLS#202018096
  • TypeMulti-Family
  • CountyOAHU
  • CityHonolulu
  • AreaMetro
  • NeighborhoodMAKIKI AREA
  • Zip96822
  • StyleMulti Dwellings
  • Year Built1919
  • Taxes471
  • Price$ 1,488,000
  • Bedrooms2
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1744
  • Lot Size7,185 SqFt
Listing Provided Courtesy Of:
Commercial Inv. Strategies
Property Description

Location, Location, Location. Excellent investment opportunity with easy access to Ala Moana, Punahou, Punchbowl, Downtown, and the freeway in all directions. Apartment-zoned, not a tear-down, but ripe for re-development. Bill 7 possibility with stable, existing income from 2 tenants of just under $4,500/mo. Collect the rent while going for permits—land cost breaks down to approximately $235/sf with unbeatable location, 60’ height limit. Drive by today to understand the full possibility of the lot.

Price History
7/30/2020 Listed $1,700,000
8/24/2020 13% - $1,488,000

General Features

Amenities None
Easements Sewer
Land Tenure FS - Fee Simple
Property Condition Above Average
Roof Composition
Sewer Connected
Status Active
TMK Area 124
TMK Division 1
TMK Parcel 2
TMK Plat 18
TMK Section 4
TMK Zone 2
Terms Offered Cash, Conventional, Exchange
Topography Level
View City

Interior Features

Furnished Y/N Partial
Stories Type One
Total Units 2
Utilities Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water

Exterior Features

Lot Description Clear
Lot Size Area 7185.00
Parking Features Assigned, Covered
Parking Total 3
Property Frontage Other

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 96822

Price
AVG $4.15M
$1.49M
Taxes
AVG $493
$471
Visits
AVG 41
40
Year Built
AVG 1954
1919

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