Hawaii House
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228 Liliuokalani Ave, Honolulu, HI 96815

Multi-Family · Sold · 2186 sqft · Sold 09/27/2016 $1,030,000 $950,000

Contractors Special! Nine (9) Studio units in Waikiki that need a lot of TLC. List price way under 2016 Tax assessed value. All units are on month to month contracts and are under market rent. Ability to raise rents once repairs are made. Property to be sold strictly "As Is", no repairs to be made by owners. City records do not match actual. Showing to be done only after accepted contract. Drive by and please do not disturb tenants.
Details
  • Original list price$950,000
  • Days on market2
  • Building typeApartments
  • Price per sqft$471/sqft
  • Address

    228 Liliuokalani Ave, Honolulu, HI, 96815

  • Year Built1931
  • NeighborhoodWaikiki
  • Land tenureFS - Fee Simple
  • Land SqFt4078 sqft
  • ViewNone
Unit Information
  • # of 1 Bd0
  • # of 2 Bd0
  • # of 3 Bd0
  • Total Units9
Amenities & Features
  • StoriesOne
  • FurnishedNone
  • RoofAsphalt Shingle, Composition
  • ConstructionWood Frame
  • UtilitiesPublic Water
  • Property ConditionNeeds Major Repair, Tear Down
  • ParkingAssigned
  • nr.of parking places1
  • AmenitiesResident Manager
Income
  • Total Actual Rent$4,662
  • Total Annual Operating Expenses$19,220
  • Total Income$55,951
  • Net Operating Income$36,730
Schools Nearby
  • Jefferson Elementary School324 Kapahulu Ave, Honolulu, HI 96815
  • Washington Middle School1633 S King St, Honolulu, HI 96826
  • Kaimuki High School2705 Kaimuki Ave, Honolulu, HI 96816
Neighborhood - Waikiki
  • Neighborhood average sales price*$489.69k
  • Neighborhood median sales price*$400k
  • Number or sales*569
  • Street median sales price*$415k
Price history
Date Event Price $/sqft Source
2016-09-27 Sold $1,030,000 $471.18 Public Record
2016-09-29 In Escrow - still showing $950,000 $434.58 MLS 201625182
2016-09-29 New Listing $950,000 $434.58 MLS 201625182
2016-06-03 Withdrawn $950,000 $434.58 MLS 201607383
2016-06-03 Back On Market $950,000 $434.58 MLS 201607383
2016-05-31 In Escrow - still showing $950,000 $434.58 MLS 201607383
2016-04-19 New Listing $950,000 $434.58 MLS 201607383
Taxes
  • Current Property Taxes p/month$265
  • Property Tax Year2016
  • Assessed Improvement value$84,200
  • Assessed Land value$1,184,800
  • MLS #201625182
  • TMK1-2-6-024-008-0000
  • Land RecordedRegular System
  • ZoningX2 - Apart
  • TopographyLevel
  • LocationCorner
  • Lot DescriptionIrregular
  • Property SetbacksOf Record
  • Total Assessed value$1,269,000
Agent viewpoints   of 228 Liliuokalani Ave, Honolulu, HI, 96815
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

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Hawaii House
Multi-Family Sold $1,030,000 $950,000 228 Liliuokalani Ave, Honolulu, HI, 96815 2186 sqft Remove from Saved Save House