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808 Makaleka Ave, Honolulu, HI 96816

Multi-Family Home for sale 2,142 sqft Neighborhood:  Kapahulu $1,388,000
Super desirable location at the end of a cul de sac close to Waikiki, Kapahulu, and freeway in all directions. Solid value, stable tenant base, 4% cap on actual income and expenses make this an excellent investment. All units occupied, easy to rent with quaint, comfortable atmosphere for tenants who want to feel at home rather than renting a box in a building. All units separately metered for electric, landlord pays water. Must drive by to appreciate!
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Multi-family details

1941 year built
Year Built
1941
Original list price
$1,388,000
Days on market
14
Building type
Apartments,Multi Dwellings
Price per sqft
$648/sqft
Address

808 Makaleka Ave, Honolulu, HI, 96816

Neighborhood
Kapahulu
Land tenure
FS - Fee Simple
Land SqFt
3,000 sqft
View
None, Other
Listed by
Commercial Inv. Strategies
MLS #
202107337

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$4,646
Taxes
$268
HOA dues
$0
$4,914 per month
Mortgage
Down payment
$277,600 / 20%
Interest rate
2.94%
Loan type
30 years
Your amount $4,646 / month

Unit Information

6 total units
# of 1 Bd
5
# of 2 Bd
0
# of 3 Bd
0
Total Units
6

Amenities & Features

3 parking places
Stories
Two
Furnished
Partial
Roof
Asphalt Shingle
Construction
Hollow Tile, Wood Frame
Utilities
Cable, Cesspool, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Property Condition
Above Average
Parking
Tandem
nr.of parking places
3
Amenities
None

Income

Net Operating Income: $55,491
Total Actual Rent
$6,025
Total Annual Operating Expenses
$18,309
Total Income
$73,800
Net Operating Income
$55,491

Neighborhood: Kapahulu

Average price $524.82k
Neighborhood average sales price*
$524.82k
Neighborhood median sales price*
$470k
Number or sales*
17
Street median sales price*
$1.2m
*last 6 months

Schools

15 schools with rating up to 10
School rating Distance
2
out of 10
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
Elementary School
0.55mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
Middle School
0.508mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
High School
0.287mi
School rating Distance
2
out of 10
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
0.55mi
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
0.566mi
NR
Aikane O Hokulani
2940 Kamakini St, Honolulu, HI 96816
0.567mi
10
out of 10
King Liholiho Elementary School
3430 Maunaloa Ave, Honolulu, HI 96816
0.59mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.603mi
School rating Distance
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.508mi
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
0.566mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.603mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.669mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.761mi
School rating Distance
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.287mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.508mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.603mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.669mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.761mi
Data provided by Greatschools.org

Price history

New Listing May 4, 2021
Date Event Price $/sqft Source
May 4, 2021 New Listing $1,388,000 -0.79% $647.99 MLS #202107337
Feb 1, 2021 Expired $1,399,000 $653.13 MLS #202021254
Oct 27, 2020 Price Decrease $1,399,000 -3.52% $653.13 MLS #202021254
Sep 29, 2020 Price Decrease $1,450,000 -3.33% $676.94 MLS #202021254
Aug 24, 2020 New Listing $1,500,000 +76.47% $700.28 MLS #202021254
Aug 23, 2010 Withdrawn $850,000 $396.83 MLS #1006674
Jun 30, 2010 Price Decrease $850,000 -19.05% $396.83 MLS #1006674
May 19, 2010 New Listing $1,050,000 +110% $490.20 MLS #1006674
Jul 11, 2003 Expired $500,000 $233.43 MLS #2206958
Jul 10, 2002 New Listing $500,000 $233.43 MLS #2206958
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Activity

View activity
21
times viewed
0
favorited

Tax details 808 Makaleka Ave, Honolulu, HI, 96816

12 - A-2 Medium Density Apartme zoning / MLS #202107337
Current Property Taxes p/month
$268
Property Tax Year
2021
Assessed Improvement value
$75,500
Assessed Land value
$840,000
TMK
1-2-7-032-015-0000
Land Recorded
Regular System
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Topography
Level
Location
Cul-De-Sac
Lot Description
Clear
Property Setbacks
None
Total Assessed value
$915,500

Hawaii House tour report 808 Makaleka Ave, Honolulu, HI, 96816

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Stunning views
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Open floorplan
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Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.Listings last updated on 05-17-2021. Copyright 2021 by HiCentral Mls, Ltd. Listing courtesy of Commercial Inv. Strategies. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Multi-Family Home for sale $1,388,000 808 Makaleka Ave, Honolulu, HI, 96816 2,142 sqft Save House Remove from Saved