Honolulu Home For Sale: MLS# 201818487

6 Bedroom Home in Makiki Area for Sale at $1,350,000 Fee Simple

This Wonderful Luxury Honolulu Home includes:

  • Fee Simple Land Tenure
  • 6 bedrooms + 4 bathrooms
  • Built in 1945
  • Average Condition
  • On the market for 92 days
  • remodeled in 1992
  • 2,696 Sq.Ft. of interior living area
  • 2 parking included
  • Garage parking
  • Wonderful Ocean view included!
  • Enjoy hardwood floors.
  • Solar panels
  • Estimated monthly running costs are $25.00
  • This house sits on 0.1 Acres of Fee Simple land

This Large House Is Rented to Ihs (institute for Human Services) as a Shelter for Homeless People Immediately After Being Discharged From Hospitals. if They Have to Go Back to Homeless Lifestyle, Many Will Not Recover and Have to Be Admitted to the Hospital Again. the Program Is Administered by Ihs, but It Is Sponsored by Hospitals. So, There Is Little Risk of Vacancy and Collection Loss. It Saved Millions on Medical Expenses During the First Year Alone. Practically a Net Lease as Ihs Manages Their Operations. Property Tax Is Reduced to $300/yr Since It Is Leased to an Npo. Cap Rate of 4. 52% With Four Years Left in Lease Indexed to Cpi. Immediate Cash Flow With $5, 500/mo Rent. 36 Photovoltaic Panels. Tax Records Do Not Match Actual Square Footage. Listing information courtesy of Coldwell Banker Pacific Prop..


Item Details (Information deemed reliable, but not guaranteed.)
List Price $1,350,000.00 USD
Land Tenure FS - Fee Simple (You own the land.)
Maintenance $0.00 USD / Month
Association Fees $0.00 USD / Month
Tax Amount $25.00 USD / Month
Tax Assessed Value $1,078,900.00 USD
Tax Assessed Value Improvements $258,900.00 USD
Tax Assessed Value Land $820,000.00 USD
Tax Year 2018

Unit Features

Item Details
Bedrooms 6
Full Bathrooms 4
Interior Living Area 2,696 ft2 [250m2]
Total Area 2,696 ft2 [250m2]
Lot Size Area 0.1 Acre lot size [465m2]
Garage/Carport Area 396 ft2 [37m2]
Remodel Year 1992 (Built in 1945)
Inclusions AC Split, AC Window Unit, Book Shelves, Ceiling Fan, Dishwasher, Disposal, Dryer, Photovoltaic, Range Hood, Range/Oven, Refrigerator, Washer
Flooring Ceramic Tile, Hardwood, W/W Carpet
Parking Spaces 2
Parking Type Garage
Property Condition Average
Utilities Cable, Gas, Internet, Public Water, Sewer Fee, Telephone, Water
Views City, Ocean

Building Features

Item Details
Architectural Style Detach Single Family
Construction Materials Wood Frame
Easements Driveway, Electric, Telephone
Location Other
Lot Features Clear
Roof Composition
Stories Two


Item Details
Neighborhood Makiki Area in Honolulu
Zip Code 96822
Zoning 05 - R-5 Residential District
Flood Zone Zone X


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Honolulu Realtor

Sachiko Trillo

Your Luxury Honolulu Realtor

Aloha, my name is Sachiko Trillo, your friendly Luxury Honolulu Realtor. I specialize in wonderful vacation homes, and dependable investment properties. I'd be more than happy to personally show you some Luxury Honolulu Real Estate that fits your needs. Call me today, because life is too short to wait.

Blue Bunny Hawaii Realty LLC
600 Ala Moana Blvd., #3608, Honolulu, HI 96813 USA
Cell: 1.808.369.9867
Fax: 1.808.564.0083

© 2005-2018
HUD Information on this Hawaii real estate site deemed reliable, but not guaranteed. Some of the units above are listed by other Brokerage firms and not Blue Bunny Hawaii Realty LLC, 600 Ala Moana Blvd., #3608, Honolulu, HI 96813 USA, 1.808.369.9867. An Equal Opportunity Company. Equal Housing Opportunity. If you are currently represented by a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer’s agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation. Based on the information from the Multiple Listing Service of the Honolulu Board of REALTORS® active listings last updated on 10/17/18. Information is deemed reliable but not guaranteed. Copyright: 2018 by the Honolulu Board of REALTORS®.