3206 Ala Ilima St UNIT 30, Honolulu, HI 96818

FIRST TIME ON MARKET! ****$2,000,000 PRICE REDUCTION!***** Trophy 3- story concrete apartment building (24,288 sf) in Salt Lake next to Hoa Aloha Neighborhood Park. 30 units (all 2 bedrooms) on 30,375 sf of A-2 zoned land (150" height limit) and one manager's office. 28 units are 2 beds, 1 bath (768sf) while 2 corner units are larger, 2 bed, 2 bath (1,184 sf) with private lanais and washer/dryer. 38+ parking stalls. 100% occupied. Rents under market and opportunities exist for additional income streams, i.e. utility recapture/pet fees/etc. Concrete spalls repairs completed. Exterior painting in progress and to be completed by 3/01/2024. Coin operated laundry facility on site.