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Closed
  • $650,000

    1120 Pua Ln, Honolulu, HI 96817

    --beds
    0baths
    7,170sqft
    Multi Family
    Built in 1991
    -- sqft lot
    $997,500 Zestimate®
    $91/sqft
    $-- HOA

    What's special

    CASH COW. Rare Leasehold asset with excellent income and irresistible pricing. Built in 1991, this income GEM is well maintained and rented by the room. Resident manager on site and make sure the property sparkles. Better that 1:1 parking. Currently rented BY THE ROOM (39 rooms) with shared kitchen and bathroom = 7 five bed/1 ba + 2 three bed, one ba. Can convert to 9 separate rentals to lessen management and overhead (electric and water included, 10 electric meters, 1 water meter), plus Bonus electric charging station for EV)! Lender has verified a $270,000 loan based on “known” rental period to 2027. Lease ends in 2037.

    Zillow last checked: 7 hours ago

    Listing updated: June 15, 2024 at 09:47pm

    Listed by:

    Lillian Shaw 808-294-0008,

    Savio Realty Ltd.

    Bought with:

    Isi M Nau, RB-22256

    Blue Mango

    Source: HiCentral MLS,MLS#: 202403891MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Appliances
    • Laundry: Coin-operated
    Interior area
    • Total structure area: 7,170
    • Total interior livable area: 7,170 sqft

    Property

    Parking
    • Total spaces: 18
    • Parking features: Assigned, Open
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    • Has view: Yes
    • View description: None, Other
    • Frontage type: Other
    Lot
    • Features: Cleared, Interior Lot, Level
    • Topography: Level
    Details
    • Parcel number: 1170310050000
    • Zoning description: 12 - A-2 Medium Density Apartme
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame
    Condition
    • Average Condition
    • Year built: 1991

    Utilities & green energy

    • Sewer: Connected
    • Water: Public
    • Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, Sewer Available, Water Available, Sewer Connected

    Community & neighborhood

    Security
    • Security features: Fire Sprinkler System
    Community
    • Community features: None
    Location
    • Region: Honolulu
    • Subdivision: Palama

    HOA & financial

    Other financial information
    • Total actual rent: 30300
    Services availability
    Get pre-qualified for a loan
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    An equal housing lender. NMLS #10287.