1538 Pele Street

Honolulu, HI 96813

$3,295,000
Price
10
Beds
4,107 Sq. Ft.
$802 / Sq. Ft.
4,107
Sq. Ft.
$802
per Sq. Ft.

Description

Makiki Zero Plex offers a stunning and modern Four-Unit Apartment complex with a variety of units. The property consists of two 2-bedroom, 2-bathroom units and two 3-bedroom, 3-bathroom units, providing a total of four unique rentals. Each unit boasts a spacious and contemporary layout, complete with in-unit washers and dryers, well-appointed built-in cabinets, and modern appliances. Notable features include a solar canopy that provides shade on the private patios, freshly painted exteriors, and...Makiki Zero Plex offers a stunning and modern Four-Unit Apartment complex with a variety of units. The property consists of two 2-bedroom, 2-bathroom units and two 3-bedroom, 3-bathroom units, providing a total of four unique rentals. Each unit boasts a spacious and contemporary layout, complete with in-unit washers and dryers, well-appointed built-in cabinets, and modern appliances. Notable features include a solar canopy that provides shade on the private patios, freshly painted exteriors, and newly stained planter boxes that enhance the overall curb appeal. Additionally, all units are equipped with split air conditioning, ceiling fans in every room, and ample parking. The 2-bedroom units offer two garaged parking stall tandems, while the 3-bedroom units feature a two-car garage with side-by-side parking. Moreover, there is space for an additional 2 cars on the driveway behind each garage. Each unit has its own electrical and water meter, and tenants are responsible for paying for cable and internet. The owner would only need to cover management fees, property tax, and insurance.
  1. Listed by Paul D Sebastian • License #RS-75423 • Agora Hawaii • (808) 800-4152

Property Details for 1538 Pele Street

View
City, Ocean, Sunrise
Zoning
12 - A-2 Medium Density Apartme
Neighbourhood
PUNCHBOWL-LOWER
Flood Zone
Zone X
Stories/Levels
Three
Land Tenure
FS - Fee Simple

Location

Listing Courtesy of Agora Hawaii, Paul D Sebastian, License #RS-75423
Add your commute
LISTING UPDATED: 05/23/2024 07:36 PM

Property Details for 1538 Pele Street

StatusActive
MLS #202403473
Days on Market111
Taxes$759 / month
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built2008
Lot Size0.11 AC / 4,980 SF
CountyHonolulu County

Location

Listing Courtesy of Agora Hawaii, Paul D Sebastian, License #RS-75423
Add your commute

Building Information for 1538 Pele Street

Stories-Residences4Year Built2008Building Size-Lot Size0.11 AC / 4,980 SF

Payment Calculator

$18,741 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,982

Property Taxes

$759

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1538 Pele Street

Summary
Location and General Information
  • Topography: Up Slope
  • City: Honolulu
  • County Or Parish: Oahu
  • State Or Province: HI
  • Location: Corner
Taxes and HOA Information
  • Tax Amount: $759.00
  • Tax Assessed Value: $2,602,300.00
  • Tax Assessed Value Improvements: $1,555,400.00
  • Tax Assessed Value Land: $1,046,900.00
  • Tax Paid By Seller: No
  • Tax Year: 2023
  • Parcel Number: 1-2-1-021-035-0000
  • HOA YN: No
Parking
  • Parking Features: Covered, Open, Tandem
  • Parking Total: 16
  • Other Parking Features: None
Property
Lot Information
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family
  • SQFT Building: 4107.0
  • Sqft Total: 4107.0
  • Land Recorded: Dual Systems
  • Lot Features: Other
  • Lot Size Area: 4980.0
  • Year Built: 2008
  • Year Remodeled: 2024
  • Building Type: Duplex, Multi Dwellings
Property and Assessments
  • Documents: Building Plans, Lease Documents, Survey
  • Photo Count: 25
  • Property Condition: Above Average
  • Special Listing Conditions: None
  • Disclosures: None
  • Foreclosure: No
  • Set Backs: Of Record
  • Supplement Count: 0
  • TMK Area: 121
  • TMK Condo Property Regime Number: 0
  • TMK Division: 1
  • TMK Parcel: 35
  • TMKPLAT: 21
  • TMK Section: 1
  • TMK Zone: 2
Utilities
  • Utilities: Cable, Internet, Private Water, Sewer Fee, Telephone, Underground Electricity, Water
  • Sewer: Connected
  • Utilities Meters: Electric, Other, Water
Interior and Exterior Features
Exterior Features
  • Amenities: A/C
  • Construction Materials: Above Ground, Concrete, Double Wall, Masonry/Stucco, Slab, Steel Frame
  • Easements: Sewer, Water
  • Elevators Number Of: 0
  • Recreation Facilities: None
  • Roof: Custom/Specialty
Interior Features
  • Furnished: None
  • Laundry Facilities: Individual
Multi Family
Multi-Family Information
  • Commercial Spaces Number Of: 0
  • Studio Units Number Of: 0
  • Unit One Number Of Bed: 0
  • Unit Three Number Of Bed: 2
  • Unit Two Number Of Bed: 2
  • Number Of Units Total: 4
Income & Expenses
  • Total Annual Operating Expenses: $1,200.00
  • Total Income: $177,252.00
  • Expenses Include: Other
  • Net Operating Income: $153,852.00
  • Other Income: $.00
Agent
Sale and Listing
  • DOM: 102
  • Listing Service: Full Service
  • MLS: HI Central
  • MLS Area Major: Metro
  • Status: Active
  • Public Remarks: Makiki Zero Plex offers a stunning and modern Four-Unit Apartment complex with a variety of units. The property consists of two 2-bedroom, 2-bathroom units and two 3-bedroom, 3-bathroom units, providing a total of four unique rentals. Each unit boasts a spacious and contemporary layout, complete with in-unit washers and dryers, well-appointed built-in cabinets, and modern appliances. Notable features include a solar canopy that provides shade on the private patios, freshly painted exteriors, and newly stained planter boxes that enhance the overall curb appeal. Additionally, all units are equipped with split air conditioning, ceiling fans in every room, and ample parking. The 2-bedroom units offer two garaged parking stall tandems, while the 3-bedroom units feature a two-car garage with side-by-side parking. Moreover, there is space for an additional 2 cars on the driveway behind each garage. Each unit has its own electrical and water meter, and tenants are responsible for paying for cable and internet. The owner would only need to cover management fees, property tax, and insurance.
  • Possession: At Closing
Showing and Remarks
  • Showing Instructions: Appointment Only, Listor Must Be Present
Rental
Rent Information
  • Tenants Responsibilities Include: AC, Cable TV, Electricity, Other, Water
  • Total Actual Rent: $14,796.00

Property History for 1538 Pele 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 1538 Pele Street

Taxable ValueLand$1,046,900Additions$1,614,800Total$2,661,700
Tax Record2023$9,108 ($759 / month)
Home Facts
Beds4Baths11Total Finished SqFt2,444 SqFtAbove Grade Finished SqFt2,444 SqFtStories1Lot Size4,980 SqFtStyleSingle Family ResidenceYear Built2008ZoningA-2CountyHONOLULUAPN1-2-1-021-035

Schools near 1538 Pele 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 - K to 12
Rating
School
Distance
Royal Elementary School
PublicPK to 5

Central Middle School
Public6 to 8

President Theodore Roosevelt High School
Public9 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1538 Pele Street is a multi-family home for sale in Honolulu, HI 96813. This property was listed for sale on February 12, 2024 by Agora Hawaii, it's currently listed at $3,295,000. It has been on the market for a total of 111 days and was last sold on November 4, 2019. This listing's school district is Hawaii Department Of Education. Nearby schools include Royal Elementary School, Central Middle School and President Theodore Roosevelt High School. 1538 Pele Street is a 10-bed, 0-bath, 4,107 sqft multi-family home built in 2008.

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 Agora Hawaii, Paul D Sebastian, License #RS-75423