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808 Makaleka Ave, Honolulu, HI, 96816
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808 Makaleka Ave, Honolulu, HI 96816

$1,399,000  $50,000 Multi-Family Home for sale 0 sqft Neighborhood:  Kapahulu
11 min walk to Ala Wai Golf Course
26 min walk to Waikiki Beach
18 min walk to Ala Wai Golf Course
21 min walk to The Wall
21 min walk to Graveyards
About lifestyles
$71,914/yr CURRENT NOI. 4.96% CAP, self managed. $86,314 PROFORMA NOI. 5.96% CAP, self managed. Extremely desirable location, 1 block of Kapahulu (directly behind Safeway). 100% Occupied. Long term tenants (4 of 6 are over 10 years) and all M-T-M. Low property tax. NOT in a flood zone. 3 tandem parking stalls with plenty of quiet street parking. 1 water meter, 4 electric meters: owner pays for units E (studio), F, and Laundry. 1031X contingent (however, Seller has identified replacement properties.)
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Multi-family details

1941 year built
  • Year Built 1941
  • Original list price $1,499,000
  • Days on market 120
  • Building type Apartments
  • Address

    808 Makaleka Ave, Honolulu, HI, 96816

  • Neighborhood Kapahulu
  • Land tenure FS - Fee Simple
  • Land SqFt 3,000 sqft
  • View City

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$7,134
Taxes
$294
HOA dues
$0
$7,428 per month
Mortgage
Down payment
$279,800 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $7,134 / month

Neighborhood: Kapahulu

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
15.5 / 20
Very walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

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
Roof
Asphalt Shingle
Construction
Hollow Tile
Utilities
Cable, Overhead Electricity, Public Water, Water
Property Condition
Average
Parking
Tandem
nr.of parking places
3
Amenities
None

Income

Net Operating Income: $71,914
Total Actual Rent
$7,400
Total Annual Operating Expenses
$18,386
Total Income
$90,300
Net Operating Income
$71,914

Kapahulu prices

Average price $3.09m
Neighborhood average sales price*
$3.09m
Neighborhood median sales price*
$2.98m
Number or sales*
5
Street median sales price*
$2.95m
*last 6 months

Schools

15 schools with rating up to 7
School rating Distance
5
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
5
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
7
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
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Price Decrease Feb 13, 2024
Date Event Price $/sqft Source
Feb 13, 2024 Price Decrease $1,399,000 -3.45% 0 MLS #202400524
Jan 9, 2024 Price Decrease $1,449,000 -3.34% 0 MLS #202400524
Jan 8, 2024 New Listing $1,499,000 -6.25% 0 MLS #202400524
Nov 7, 2022 Cancelled $1,599,000 0 MLS #202208838
Oct 3, 2022 Price Increase $1,599,000 +6.96% 0 MLS #202208838
Oct 3, 2022 Back On Market $1,495,000 0 MLS #202208838
Sep 15, 2022 Hold $1,495,000 0 MLS #202208838
May 9, 2022 New Listing $1,495,000 +10.74% 0 MLS #202208838
Feb 5, 2022 Cancelled $1,350,000 0 MLS #202107337
Aug 9, 2021 Price Decrease $1,350,000 -1.82% 0 MLS #202107337
Jun 1, 2021 Price Decrease $1,375,000 -0.94% 0 MLS #202107337
May 4, 2021 New Listing $1,388,000 -0.79% 0 MLS #202107337
Feb 1, 2021 Expired $1,399,000 0 MLS #202021254
Oct 27, 2020 Price Decrease $1,399,000 -3.52% 0 MLS #202021254
Sep 29, 2020 Price Decrease $1,450,000 -3.33% 0 MLS #202021254
Aug 24, 2020 New Listing $1,500,000 +76.47% 0 MLS #202021254
Aug 23, 2010 Cancelled $850,000 0 MLS #1006674
Jun 30, 2010 Price Decrease $850,000 -19.05% 0 MLS #1006674
May 19, 2010 New Listing $1,050,000 +110% 0 MLS #1006674
Jul 11, 2003 Expired $500,000 0 MLS #2206958
Jul 10, 2002 New Listing $500,000 0 MLS #2206958
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Tax & MLS details 808 Makaleka Ave, Honolulu, HI, 96816

12 - A-2 Medium Density Apartme zoning / MLS #202400524
Current Property Taxes p/month
$294
Property Tax Year
2023
Assessed Improvement value
$79,000
Assessed Land value
$927,500
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
C&C
Total Assessed value
$1,006,500
Listed by
CBI Residential Advisory Svcs.
(808) 942-7100
MLS #
202400524
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Similar homes nearby 808 Makaleka Ave in Kapahulu

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Frequently asked questions for 808 Makaleka Ave

When was this multi-family home built and last sold?

This house was build in 1941.

What is the full address of this multi-family home?

808 Makaleka Ave, Honolulu, HI, 96816.

Are there beaches near 808 Makaleka Ave?

The nearest beach is 0.851 miles away, called Waikiki Beach. It should take about 26 min walk.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of CBI Residential Advisory Svcs.. 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.

Listings last updated on February 12, 2024.
Hawaii House Last checked 1 minute ago.

Multi-Family Home for sale $1,399,000  $50,000 808 Makaleka Ave, Honolulu, HI, 96816 0 sqft Save House Remove from Saved