Hawaii House
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704 Menehune Ln, Honolulu, HI 96826

Multi-Family · Sold · 4928 sqft · Sold 02/26/2010 $1,250,000 $1,400,000

Great potential, excellent location at the corner of Date St. and Menehune Lane. Two, two story 4 plexes with parking in between. Large lot. Improvements need work. Rents are way below market. Property sold 'as-is.' Please do not disturb tenants. All tenants on month-to-month leases.
Details
  • Original list price$1,400,000
  • Days on market186
  • Building typeApartments,Fourplex
  • Price per sqft$254/sqft
  • Address

    704 Menehune Ln, Honolulu, HI, 96826

  • Year Built1956
  • NeighborhoodKapiolani
  • Land tenureFS - Fee Simple
  • Land SqFt11932 sqft
  • ViewNone
Unit Information
  • # of 1 Bd0
  • # of 2 Bd8
  • # of 3 Bd0
  • Total Units8
Amenities & Features
  • StoriesTwo
  • FurnishedPartial
  • RoofAsphalt Shingle
  • ConstructionAbove Ground, Hollow Tile, Single Wall
  • Property ConditionNeeds Major Repair
  • ParkingAssigned, Open
  • nr.of parking places8
  • AmenitiesNone
Income
  • Total Actual Rent$79,200
  • Total Annual Operating Expenses$42,278
  • Total Income$79,200
  • Net Operating Income$36,922
Schools Nearby
-
Neighborhood - Kapiolani
  • Neighborhood average sales price*$499.47k
  • Neighborhood median sales price*$470.5k
  • Number or sales*52
Price history
Date Event Price $/sqft Source
2010-02-26 Sold $1,250,000 $253.65 Public Record
2010-01-13 In Escrow - not showing $1,400,000 $284.09 MLS 2911469
2009-12-04 In Escrow - still showing $1,400,000 $284.09 MLS 2911469
2009-11-16 Back On Market $1,400,000 $284.09 MLS 2911469
2009-10-05 In Escrow - still showing $1,400,000 $284.09 MLS 2911469
2009-09-25 Back On Market $1,400,000 $284.09 MLS 2911469
2009-09-08 In Escrow - still showing $1,400,000 $284.09 MLS 2911469
2009-08-27 New Listing $1,400,000 $284.09 MLS 2911469
Taxes
  • Current Property Taxes p/month$6,212
  • Property Tax Year2009
  • Assessed Improvement value$234,200
  • Assessed Land value$1,582,100
  • MLS #2911469
  • TMK1-2-7-023-013-0000
  • Land RecordedDual Systems
  • Zoning12 - A-2 M
  • TopographyLevel
  • LocationCorner
  • Lot DescriptionIrregular
  • Property SetbacksC&C
  • Total Assessed value$1,816,300
Agent viewpoints   of 704 Menehune Ln, Honolulu, HI, 96826
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

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Hawaii House
Multi-Family Sold $1,250,000 $1,400,000 704 Menehune Ln, Honolulu, HI, 96826 4928 sqft Remove from Saved Save House