Honolulu, HI 96818,2989 Ala Ilima ST
Listed by Commercial Inv. Strategies
Bought with John Riggins Real Estate

$4,300,000

$4,500,000

4.4%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 04/25/2025

Key Details

Sold Price $4,300,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Subdivision Salt Lake

MLS Listing ID 202505434

Sold Date 04/25/25

Construction Status Excellent

HOA Y/N No

Year Built 1969

Annual Tax Amount $9,331

Property Sub-Type Multi Family

Property Description

COMMERCIAL LISTING. RARE FIND in Salt Lake. Owners never thought they'd sell, so took care of the building like they'd keep it forever with lease rents WAY below market. Easy opportunity to 'manage up.' Beautifully maintained building with an elevator and 16 units: 4 ones, 12 twos, and 16 parking with 5 tandem stalls for 21 stalls total (most are covered w/extra charge for usage). Easy to rent units with cool mountain breezes in a desirable neighborhood. Hollow tile construction, simple & clean interiors in excellent condition. All units separately metered for electricity and one water meter.

Location

State HI

County Oahu

Community None, Other

Area Metro

Interior

Furnishings Partially

Fireplace No

Appliance Dryer, Washer

Laundry Coin-operated

Exterior

Parking Features Assigned, Covered

Community Features None, Other

Utilities Available Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected

View Y/N Yes

View City

Total Parking Spaces 16

Building

Lot Description Cleared, Interior Lot

Entry Level Three Or More

Sewer Connected

Water Public

Level or Stories Three Or More

Construction Status Excellent

Others

Tax ID 1-1-1-061-027-0000

Financing Cash

Special Listing Condition None

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Hawaii Central MLS (HiCentralMLS)
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2176 Lauwiliwili St #1, Kapolei, HI, 96707, USA

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