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$3,349,000
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Property Description
ATTENTION DEVELOPERS!!! Prime 12,000sf lot less than a mile between both Waikiki and UH Manoa. So much potential: Bill 7 development/ live in one, rent the others/ land bank and build later/ rent out as is--it's all up to you! DD includes: EDR Neighborhood Environmental Report, Geotechnical Report with boring logs and infiltration tests, a TOPO survey and conceptual plans with A-sheets and a prelim foundation design. Existing structures have 5 twos rented, one tear-down. **Development options present a variety of potential paths for the creative owner: Bill 07 possibility of up to a maximum of 60 units and 48,000sf of floor area or standard A2 zoning for up to 16,080sf that takes advantage of the city's newest parking exemptions for multi-family developments in the PUC. Not located in a HI School Impact District, new development save BIG on DOE Impact Fees, which start at close to $3,864 and up per unit (i.e. up to over $230,000 in savings!) in a number of Honolulu neighborhoods. **Buyers to do their own dd and verify all the latest city programs and rules with the appropriate experts and agencies**
Full Property Details
Full Property Details for 2118 Citron St
General
- Sold For: $3,349,000
- Taxes: $9,330
- Status: Closed
- Type: Multi-Family
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202415379
- Added to Site: 176 day(s) ago
Rental Information
- Complex Features: None
Interior
- Appliances: Dryer, Washer
- Furnishings: Partially
Parking
- Total Spaces: 5
- Parking Features: Assigned
Location
- Area: Metro
- County: Oahu
- Subdivision: MOILIILI
Utilities
- Sewer: Connected
- Water: Public
- Cable Available: Yes
- Utility Description: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Available, Water Available, Sewer Connected
Structural Information
- Structure Type: Apartment, Multi Family
- Detached/Attached: Detached
- Construction: Single Wall, Wood Frame
- Stories/Levels: 1
- Square Feet: 3,599
- Year Built: 1955
- Property Condition: Average Condition
Lot Features
- Lot Size: 12000
- Topography: Level
- Lot Features: Cleared, Interior Lot, Level
- Zoning: 12 - A-2 Medium Density Apartme
Financial Considerations
- Operating Expenses: $15,098
- Tax Amount: $9,330.36
- Tenant Pays: Cable TV, Electricity
Disclosures and Reports
- Special Conditions: None
- Disclosures/Reports: 1031 Exchange
- Disclosures/Rstr.: 1031 Exchange
- Property ID: 1-2-7-007-050-0000
Listed by Commercial Inv. Strategies
Sold by Hawaii 5-0 Properties, Inc.
Get Pre-Approved Today
Schools
Schools serving 2118 Citron St
School District:Hawaii Department Of Education
Rating | Name | Grades | Distance |
---|---|---|---|
810 Pumehana St, Honolulu, HI 96826 | K-5 | 0.3 mi | |
1633 S King St, Honolulu, HI 96826 | 6-8 | 0.4 mi | |
2705 Kaimuki Ave, Honolulu, HI 96816 | 9-12 | 0.9 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 2118 Citron St
Date
Details
Price
Change
Source
12/06/2024
Sold
$3,349,000
—
MLS
7/03/2024
Listed
$3,349,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2118 Citron Street, Honolulu, HI 96826 (MLS# 202415379) is a Multi-Family property that was sold at $3,349,000 on December 06, 2024. Want to learn more about 2118 Citron Street? Do you have questions about finding other Multi-Family real estate for sale in Honolulu? You can browse all Honolulu real estate or contact a Coldwell Banker agent to request more information.