Address
1662 Lewalani Drive Honolulu, HI
Price
$ 4,695,000
Property Attributes
  • MLS#202027994
  • TypeMulti-Family
  • CountyOAHU
  • CityHonolulu
  • AreaMetro
  • NeighborhoodMAKIKI
  • Zip96822
  • StyleApartments
  • Year Built1966
  • Taxes629
  • Price$ 4,695,000
  • Bedrooms12
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7524
  • Lot Size8,736 SqFt
Listing Provided Courtesy Of:
Standard Management LLC
Property Description

TROPHY PROPERTY! 100% leased 12-unit apartment building in a well-located part of Makiki. Excellent cash flow opportunity which is turnkey for an investor. The property underwent a major renovation in 2020 in all 12 units with luxury finishes including new quartz countertops, cabinets, vanities, lights, ceiling fans, LVT flooring, interior paint, tiled showers (2 units were already tiled so were not redone), stainless steel microwaves and gas ranges/ovens, washer dryers, and low flow water fixtures. In addition, the driveway and parking lot was repaved with new asphalt and concrete in some areas, as well as updated landscaping to the property. LARGE units - approx. 600 sf for 1br and 806 sf for 2br. All units separately metered for both gas and electricity which tenants pay direct.

Elementary School Middle School High School
Lincoln Elementary School Stevenson Middle School Roosevelt High School
Price History
10/27/2020 Listed $4,970,000
11/3/2020 3% - $4,830,000
11/17/2020 3% - $4,695,000

General Features

Amenities Secured Lobby
Easements Sewer
Elementary School Lincoln
High School Roosevelt
Land Tenure FS - Fee Simple
Middle/Junior School Stevenson
Property Condition Excellent
Roof Other
Sewer Connected
Status Active
TMK Area 124
TMK Division 1
TMK Parcel 33
TMK Plat 30
TMK Section 4
TMK Zone 2
Terms Offered Cash, Conventional, Exchange
Topography Gentle Slope, Level
Utilities Cable, Gas, Internet, Overhead Electricity, Water
View None
Year Remodeled 2020

Interior Features

Furnished Y/N Partial
Stories Type Three
Total Units 12

Exterior Features

Lot Description Clear, Other
Lot Size Area 8736.00
Parking Features Assigned
Parking Total 10
Property Frontage Other

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • 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 $3.68M
$4.7M
Taxes
AVG $482
$629
Visits
AVG 64
43
Year Built
AVG 1947
1966
Walkscore
AVG 66
82
Data Provided by Walkscore ® not using MLS data

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