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850 Lokahi Street, Honolulu, HI 96826
$2,300,000
850 Lokahi Street, Honolulu, HI 96826View this property at 850 Lokahi Street, Honolulu, HI 96826
850 Lokahi StreetHonoluluHI96826
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Property Description
Back on Market and ready to sell, Never been in escrow! RARE FIND with GREAT BONES! Huge Two-Bedrooms with stellar, central location and desirable construction. One-to-one parking! All units have washer/dryer hookup with opportunity to add coin laundry for more income. 5 of 7 units vacant, so pro forma rents are provided in the property info package (see Agent remarks) = you can easily 'manage up' this beautiful building and reposition it to gain excellent cash flow. Some deferred maintenance, property to be sold As Is, Where Is.
Full Property Details
Full Property Details for 850 Lokahi St
General
- Price: $2,300,000
- Taxes: $5,328 (2023)
- Status: Under Contract
- Type: Multi-Family
- MLS ID: 202406981
- Updated: 4/12/2024
- Added to Site: 56 day(s) ago
Interior
- Furnishings: Partial
Rooms
Other Rooms
- Laundry: Individual
Additional Information
- Amenities: None
- Recreation: None
Parking
- Parking Features: Assigned
- Parking Type: Assigned
- Other Parking Type: None
Location
- Area: Metro
- County: Oahu
- Neighborhood: PAWAA
Community
- Mgmt. Company: Bob Tanaka Realty
Utilities
- Sewer: Connected
- Utility Description: Cable, Internet, Public Water, Sewer Fee, Telephone, Underground Electricity, Water
- Metering: Electric, Water
Structural Information
- Description/Design: Multi-Family
- Exterior Const.: Hollow Tile
- Roof: Other
- Stories/Levels: 3
- Stories Description: Three
- Square Feet: 5,760
- Year Built: 1968
- Property Condition: Above Average
Unit Information
- 2 Bedroom Units: 7
Lot Features
- Property View: City
- Lot Size (Sq. Ft.): 5,104
- Topography: Level
- Lot Features: Clear
- Zoning: 12 - A-2 Medium Density Apartme
- Lot Description: Clear
Financial Considerations
- Expenses: Excise Tax, Insurance, Mgmt Fee, Other, Property Tax, Repair Maintenance, Sewer Fee
- Operating Expenses: $31,998
- Tax Amount: $5,328
- Tax Year: 2023
- Terms: 1031 Exchange, Cash, Conventional
- Tenant Pays: Cable TV, Electricity, Other
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.25%
- Ownership: FS - Fee Simple
- Special Conditions: None
- Documents Avail.: Lease Documents, P&L
- Land Tenure: Fee Simple
- Flood Zone: Zone AO
- Disclosures/Reports: Court Approval Required, Inactive Licensed Owner, Listor Owner
- Property ID: 1-2-3-024-009-0000
Listed by Commercial Inv. Strategies
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Schools
Schools serving 850 Lokahi St
School District:Hawaii Department Of Education
Rating | Name | Grades | Distance |
---|---|---|---|
810 Pumehana St, Honolulu, HI 96826 | K-5 | 0.1 mi | |
1633 S King St, Honolulu, HI 96826 | 6-8 | 0.1 mi | |
2705 Kaimuki Ave, Honolulu, HI 96816 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 850 Lokahi St
Date
Details
Price
Change
Source
3/25/2024
Listed
$2,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 850 Lokahi St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$4,848
—
$1,524,500
10%
2022
$4,848
3%
$1,385,000
3%
2021
$4,700
—
$1,342,900
-2%
2021
$4,700
4%
$1,370,200
6%
2018
$4,527
2%
$1,293,300
2%
2017
$4,430
6%
$1,265,600
6%
2016
$4,189
-4%
$1,196,900
-4%
2015
$4,358
-10%
$1,245,000
-10%
2019
$4,824
20%
$1,378,200
16%
2013
$4,026
—
$1,184,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 850 Lokahi St
850 Lokahi Street, Honolulu, HI 96826 (MLS# 202406981) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 850 Lokahi Street is currently listed for $2,300,000 and was received on March 25, 2024. Want to learn more about 850 Lokahi Street? Do you have questions about finding other Multi-Family real estate for sale in Pawaa? You can browse all Pawaa real estate or contact a Coldwell Banker agent to request more information.