808 Makaleka Ave, Honolulu, HI

$1,399,000

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0.07

Acres

About 808 Makaleka Ave

$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.)

Features of 808 Makaleka Ave

MLS® # 202400524
Price $1,399,000
Bathrooms 0.00
Acres 0.07
Year Built 1941
Type Multi-Family
Sub-Type Multi-Family
Status Active

Community Information

Address 808 Makaleka Ave
Area Metro
Subdivision KAPAHULU
City Honolulu
State HI
Zip Code 96816

Amenities

Amenities None
Utilities Cable, Overhead Electricity, Public Water, Water
Parking Spaces 3
Parking Tandem
View City
Is Waterfront No
Has Pool No

Interior

Stories Two
Has Basement No

Exterior

Lot Description Clear
Construction Hollow Tile

Additional Information

Date Listed January 8th, 2024
Days on Market 139

Listing Details

OfficeCBI Residential Advisory Svcs.
Contact Info(808) 942-7100

Listing Map

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