Stand by
USDAProperties.com is verifying property eligibility...

 

 

 

$1,399,000   Price Analysis
USDAProperties Agent Contact Page  Agent List  share icon     map icon  QR
808 Makaleka Ave
Honolulu, HI 96816
Unknown bed None bath unknown SqFt ($0/SqFt)
3,000SqFt lot. Built 1941
Listed 2024-01-09
Ⓧ USDA Ineligible
due to price & location

near Kaalawai

$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 tx. NOT in a flood zone. 3 tandem parking stalls with plenty of quiet street parking. 1 water meter, 4 electri c meters: owner pays for units E (studio), F and Laundry. 1031X contingent (however, Seller has identified replacement properties.)


Presented by Alan Christopher at
CBI Residential Advisory Svcs.


Property MLS #202400524 from HiCentral

Lot Description: Clear
Lot Size Acres: 0.0688705
Topography: Level
Lot Size Square Feet: 3000

Garage Spaces: 3
Garage Description: Tandem
Parking Features: Tandem

View: City

Number of Units: 6

Annual Tax Amount: 3522.72
Source Listing Status: Active
Source Property Type: Multi-Family
Area: Metro
Source Neighborhood: KAPAHULU
Ownership Type: Fee Simple
Parcel Number: 1-2-7-32-15-0
Subdivision: KAPAHULU
Property Subtype: Multi-Family
Source System Name: C2C

Price Changed 2024-02-13
$1,399,000
HiCentral
Listed 2024-01-09
$1,449,000
HiCentral
Listing removed 2022-11-07
$0
HiCentral
Relisted 2022-10-03
$1,599,000
HiCentral
Listing removed 2022-09-15
$0
HiCentral
Listed 2022-05-10
$1,495,000
HiCentral
Listing removed 2022-02-06
$0
HiCentral
Price Changed 2021-08-09
$1,350,000
HiCentral
Price Changed 2021-06-01
$1,375,000
HiCentral
Listed 2021-05-05
$1,388,000
HiCentral
Listing removed 2021-02-01
$0
HiCentral
Price Changed 2020-10-28
$1,399,000
HiCentral
Price Changed 2020-09-30
$1,450,000
HiCentral
Listed 2020-08-25
$1,500,000
HiCentral

Year Built: 1941
Construction Materials: Hollow Tile
Property Age: 83
Property Condition: Average
Levels or Stories: Two

Sewer: Connected
Cable
Overhead Electricity
Public Water
Water

Kaimuki High School is a public high school located approximately 0.3 miles away.
directions icon Map directions

President Thomas Jefferson Elementary School is a public elementary school located approximately 0.7 miles away.
directions icon Map directions

President George Washington Middle School is a public middle school located approximately 1.6 miles away.
directions icon Map directions

Aikane O Hokulani is a private elementary school located approximately 0.6 miles away.
directions icon Map directions

Click Thumbnail Images To View Full Size
unknownunknownunknownhouse_viewunknown
house_viewhouse_viewunknownunknownporch
house_viewhouse_view

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.