1439 Pensacola Street

Honolulu, HI 96822

$1,490,000
Price
8
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

A great investment opportunity in a prime town location! A 2-story, CMU apartment building with (4): 2/1 units and every unit has covered parking! All same floorplan layout. Two have been updated and all but one have been recently repainted. All occupied most w/ long-time tenants. 2 are paying below market rents. Annual income will be higher as one tenant was vacated for 5 mo. of non-payment then unit updated afterwards. Six (6) parking stalls: Four (4) covered and two (2) open. Four (4) separate...A great investment opportunity in a prime town location! A 2-story, CMU apartment building with (4): 2/1 units and every unit has covered parking! All same floorplan layout. Two have been updated and all but one have been recently repainted. All occupied most w/ long-time tenants. 2 are paying below market rents. Annual income will be higher as one tenant was vacated for 5 mo. of non-payment then unit updated afterwards. Six (6) parking stalls: Four (4) covered and two (2) open. Four (4) separate meters. Tenants pays all utilities. Very conveniently located near freeway, bus routes, shopping, bank, restaurants, hospital and more! Please DO NOT DISTURB TENANTS OR WALK THROUGH PROPERTY WITHOUT AN APPOINTMENT
  1. Listed by Vickie G Williams • License #RB-18706 • Horita Realty LLC • (808) 487-1561

Property Details for 1439 Pensacola Street

View
None
Zoning
12 - A-2 Medium Density Apartme
Neighbourhood
MAKIKI AREA
Flood Zone
Zone X
Stories/Levels
Two
Land Tenure
FS - Fee Simple

Location

Listing Courtesy of Horita Realty LLC, Vickie G Williams, License #RB-18706
Add your commute
LISTING UPDATED: 05/28/2024 08:36 AM

Property Details for 1439 Pensacola Street

StatusActive Under Contract
MLS #202411384
Days on Market10
Taxes$350 / month
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1953
Lot Size0.12 AC / 5,045 SF
CountyHonolulu County

Location

Listing Courtesy of Horita Realty LLC, Vickie G Williams, License #RB-18706
Add your commute

Building Information for 1439 Pensacola Street

Stories-Residences4Year Built1953Building Size-Lot Size0.12 AC / 5,045 SF

Payment Calculator

$8,482 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,132

Property Taxes

$350

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1439 Pensacola Street

Summary
Location and General Information
  • Topography: Level
  • City: Honolulu
  • County Or Parish: Oahu
  • State Or Province: HI
Taxes and HOA Information
  • Tax Amount: $350.00
  • Tax Assessed Value: $1,200,200.00
  • Tax Assessed Value Improvements: $117,900.00
  • Tax Assessed Value Land: $1,082,300.00
  • Tax Paid By Seller: No
  • Tax Year: 2023
  • Parcel Number: 1-2-4-019-076-0000
  • HOA YN: No
Parking
  • Parking Features: Covered, Open, Tandem
  • Parking Total: 6
  • Other Parking Features: <10 Spaces
Property
Lot Information
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family
  • Land Recorded: Regular System
  • Lot Features: Other
  • Lot Size Area: 5045.0
  • Year Built: 1953
  • Year Remodeled: 1962
  • Building Type: Fourplex
Property and Assessments
  • Documents: Lease Documents, P&L
  • Photo Count: 23
  • Property Condition: Average
  • Special Listing Conditions: None
  • Disclosures: Pet on Property, Property Disclosure Stmt
  • Foreclosure: No
  • Set Backs: C&C
  • Supplement Count: 0
  • TMK Area: 124
  • TMK Condo Property Regime Number: 0
  • TMK Division: 1
  • TMK Parcel: 76
  • TMKPLAT: 19
  • TMK Section: 4
  • TMK Zone: 2
Utilities
  • Utilities: Cable, Gas, Internet, Overhead Electricity, Public Water, Telephone
  • Sewer: Connected
  • Utilities Meters: Electric, Gas, Individual, Water
Interior and Exterior Features
Exterior Features
  • Amenities: None
  • Construction Materials: Concrete
  • Easements: None
  • Recreation Facilities: None
  • Roof: Other
Interior Features
  • Laundry Facilities: Individual
Multi Family
Multi-Family Information
  • Studio Units Number Of: 0
  • Unit One Number Of Bed: 0
  • Unit Three Number Of Bed: 0
  • Unit Two Number Of Bed: 4
  • Number Of Units Total: 4
Income & Expenses
  • Total Annual Operating Expenses: $25,000.00
  • Total Income: $60,807.00
  • Expenses Include: Excise Tax, Insurance, Mgmt Fee, Property Tax
  • Net Operating Income: $35,980.00
  • Other Income: $.00
Agent
Sale and Listing
  • DOM: 10
  • Listing Service: Full Service
  • MLS: HI Central
  • MLS Area Major: Metro
  • Status: In Escrow Showing
  • Public Remarks: A great investment opportunity in a prime town location! A 2-story, CMU apartment building with (4): 2/1 units and every unit has covered parking! All same floorplan layout. Two have been updated and all but one have been recently repainted. All occupied most w/ long-time tenants. 2 are paying below market rents. Annual income will be higher as one tenant was vacated for 5 mo. of non-payment then unit updated afterwards. Six (6) parking stalls: Four (4) covered and two (2) open. Four (4) separate meters. Tenants pays all utilities. Very conveniently located near freeway, bus routes, shopping, bank, restaurants, hospital and more! Please DO NOT DISTURB TENANTS OR WALK THROUGH PROPERTY WITHOUT AN APPOINTMENT
  • Possession: At Closing, Subject To Tenancy
Showing and Remarks
  • Showing Instructions: Appointment Only, Call Listor, Listor Must Be Present
Rental
Rent Information
  • Tenants Responsibilities Include: Cable TV, Electricity, Gas, Water
  • Total Actual Rent: $5,700.00

Property History for 1439 Pensacola Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1439 Pensacola Street

Taxable ValueLand$1,082,300Additions$121,700Total$1,204,000
Tax Record2023$4,201 ($350 / month)
Home Facts
Total Finished SqFt2,400 SqFtAbove Grade Finished SqFt2,400 SqFtStories2Lot Size5,045 SqFtStyleMulti-Family Res (5+ Units)Year Built1953Year Renovated1962ZoningA-2CountyHONOLULUAPN1-2-4-019-076

Schools near 1439 Pensacola Street

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 4 to 12
Rating
School
Distance
Queen Kaahumanu Elementary School
PublicPK to 5

President George Washington Middle School
Public6 to 8

President William Mckinley High School
Public9 to 12

Halau Ku Mana Public Charter School
Charter4 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Horita Realty LLC, Vickie G Williams, License #RB-18706