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  • $4,150,000

    1662 Lewalani Dr, Honolulu, HI 96822

    --beds
    0baths
    7,524sqft
    Multi Family
    Built in 1966
    -- sqft lot
    $4,277,400 Zestimate®
    $552/sqft
    $1,664 Estimated rent

    What's special

    100% leased 12-unit apartment building in a well-located part of Makiki. Excellent stabilized cash flow opportunity which is turnkey for an investor. The property underwent a major renovation in 2020 including new quartz countertops, cabinets, vanities, lights, ceiling fans, LVT flooring, interior paint, tiled showers*, stainless steel microwaves and gas ranges/ovens, washer dryers, and low flow water fixtures. In addition, the driveway and parking lot was repaved with new asphalt and concrete in some areas, as well as updated landscaping to the property. Roof re-coated and resealed in 2022! INVESTMENT HIGHLIGHTS - Renovated units with luxury finishes - Excellent unit mix - CMU construction - Large Units - Electricity & Gas are separately metered - All units have their own washer/dryer - 10 on-site parking spaces - In-place 4.9% CAP rate

    Zillow last checked: 7 hours ago

    Listing updated: June 15, 2024 at 04:06am

    Listed by:

    Clint B Crawford 808-832-6016,

    Standard Management LLC

    Bought with:

    NON MLS

    Non-MLS

    Source: HiCentral MLS,MLS#: 202311027MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Appliances
    • Included: Dryer, Washer
    • Laundry: In Unit
    Interior area
    • Total structure area: 7,524
    • Total interior livable area: 7,524 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Assigned
    Features
    • Levels: Three Or More
    • Has view: Yes
    • View description: None
    Lot
    • Features: Cleared, Interior Lot, Other, Level
    • Topography: Level,Sloping
    Details
    • Parcel number: 1240300330000
    • Zoning description: 12 - A-2 Medium Density Apartme
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Hollow Tile
    Condition
    • Good Condition
    • Year built: 1966
    • Major remodel year: 2002

    Utilities & green energy

    • Sewer: Connected
    • Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Water Available, Sewer Connected

    Community & neighborhood

    Security
    • Security features: Lobby Secured
    Community
    • Community features: None
    Location
    • Region: Honolulu
    • Subdivision: Makiki

    HOA & financial

    Other financial information
    • Total actual rent: 23670
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $4,277,400
    2% more+ $85,548
    With Zillow Showcase(estimated)
    $4,362,948