Hawaii House
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808 Makaleka Ave, Honolulu, HI 96816

Multi-Family · Withdrawn · 2142 sqft · $850,000

Drastic $200,000 Price Reduction! This one is about the location. One street in from Kapahulu Avenue this gem is near to Safeway, shops, restaurants, bus lines, University of Hawaii, Kapiolani Park, Ala Wai Golf Course and Waikiki. Always rented. Turnkey investment opportunity. Located on a quiet culdesac. Rental Income numbers are actual and Annual Expense numbers are pro forma.
Details
  • Original list price$1,050,000
  • Days on market369
  • Building typeApartments
  • Price per sqft$397/sqft
  • Address

    808 Makaleka Ave, Honolulu, HI, 96816

  • Year Built1941
  • NeighborhoodKapahulu
  • Land tenureFS - Fee Simple
  • Land SqFt3000 sqft
  • ViewNone
Unit Information
  • # of 1 Bd5
  • # of 2 Bd0
  • # of 3 Bd0
  • Total Units6
Amenities & Features
  • StoriesTwo
  • RoofAsphalt Shingle
  • ConstructionHollow Tile, Wood Frame
  • Property ConditionAverage
  • ParkingAssigned
  • nr.of parking places3
  • AmenitiesNone
Income
  • Total Actual Rent$55,200
  • Total Annual Operating Expenses$12,704
  • Total Income$55,200
  • Net Operating Income$42,496
Schools Nearby
-
Neighborhood - Kapahulu
  • Neighborhood average sales price*$786.88k
  • Neighborhood median sales price*$740k
  • Number or sales*28
Price history
Date Event Price $/sqft Source
2010-08-23 Withdrawn $850,000 $396.83 MLS 1006674
2010-06-30 Price Decrease $850,000 -19.05% $396.83 MLS 1006674
2010-05-19 New Listing $1,050,000 $490.20 MLS 1006674
2003-07-11 Expired $500,000 $233.43 MLS 2206958
2002-07-10 New Listing $500,000 $233.43 MLS 2206958
Taxes
  • Current Property Taxes p/month$1,924
  • Property Tax Year2009
  • Assessed Improvement value$82,700
  • Assessed Land value$480,000
  • MLS #1006674
  • TMK1-2-7-032-015-0000
  • Land RecordedRegular System
  • Zoning12 - A-2 M
  • TopographyLevel
  • LocationCul-De-Sac
  • Lot DescriptionClear
  • Property SetbacksNone
  • Total Assessed value$562,700
Agent viewpoints   of 808 Makaleka Ave, Honolulu, HI, 96816
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

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Hawaii House
Multi-Family Withdrawn $850,000 808 Makaleka Ave, Honolulu, HI, 96816 2142 sqft Remove from Saved Save House