3536 Salt Lake Boulevard

Honolulu, HI 96818

$1,375,000
Price
6
Beds
1,800 Sq. Ft.
$764 / Sq. Ft.
1,800
Sq. Ft.
$764
per Sq. Ft.

Description

Unique opportunity to own three (3) units (1800sf) on a large 7,500 sf lot zoned A-1 (Low Density Apartment). Owner occupied buyers of this Multi-family property can purchase with as little as 5% down, when using a qualified Fanny Mae Loan. Back house is a nice 2BR/1BA home with three covered (carport) parking and a fenced, enclosed yard with a productive mango tree. At the front of the property is a duplex, with two, 2BR/1BA units. Each dwelling has its own physical address with separate water and...Unique opportunity to own three (3) units (1800sf) on a large 7,500 sf lot zoned A-1 (Low Density Apartment). Owner occupied buyers of this Multi-family property can purchase with as little as 5% down, when using a qualified Fanny Mae Loan. Back house is a nice 2BR/1BA home with three covered (carport) parking and a fenced, enclosed yard with a productive mango tree. At the front of the property is a duplex, with two, 2BR/1BA units. Each dwelling has its own physical address with separate water and electrical metering. All units are currently occupied with month-to-month leases. DPP approval has been received for buyers who would like to consider construction of an 8 unit (2BR/1BA) apartment complex. Larger complex may be built with DPP approval (buyer to obtain). Conveniently located with close proximity to Aloha Stadium, Salt Lake and Moanalua shopping centers, Target and Navy Exchange. Good freeway access. On-going improvements to Salt Lake Blvd (and eventual new stadium entertainment district) will enhance the neighborhood and valuation. Property is to be sold “As-Is”. Please include AS-IS addendum with offer.
  1. Listed by Brad B Chun • License #RS-83127 • 20 Degrees North Real Estate • (808) 388-5555

Property Details for 3536 Salt Lake Boulevard

View
Ocean
Zoning
11 - A-1 Low Density Apartment
Neighbourhood
ALIAMANU
Flood Zone
Zone X
Stories/Levels
One, Two
Land Tenure
FS - Fee Simple

Location

Listing Courtesy of 20 Degrees North Real Estate, Brad B Chun, License #RS-83127
Add your commute
LISTING UPDATED: 05/26/2024 07:48 AM

Property Details for 3536 Salt Lake Boulevard

StatusActive
MLS #202410737
Days on Market22
Taxes$269 / month
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1954
Lot Size0.17 AC / 7,500 SF
CountyHonolulu County

Location

Listing Courtesy of 20 Degrees North Real Estate, Brad B Chun, License #RS-83127
Add your commute

Virtual Tour

Building Information for 3536 Salt Lake Boulevard

Stories-Residences3Year Built1954Building Size-Lot Size0.17 AC / 7,500 SF

Payment Calculator

$7,773 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,504

Property Taxes

$269

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3536 Salt Lake Boulevard

Summary
Location and General Information
  • Topography: Level, Other
  • City: Honolulu
  • County Or Parish: Oahu
  • State Or Province: HI
  • Location: Other
Taxes and HOA Information
  • Tax Amount: $269.25
  • Tax Assessed Value: $971,100.00
  • Tax Assessed Value Improvements: $108,600.00
  • Tax Assessed Value Land: $862,500.00
  • Tax Paid By Seller: No
  • Tax Year: 2023
  • Parcel Number: 1-1-1-018-005-0000
  • HOA YN: No
School Information
  • Elementary School: Aliamanu
  • High School: Radford
  • Middle Or Junior School: Aliamanu
Parking
  • Parking Features: Covered, Open
  • Parking Total: 8
  • Other Parking Features: <10 Spaces
Virtual Tour
Property
Lot Information
  • Property Frontage: Other
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family
  • SQFT Building: 1800.0
  • Sqft Total: 1800.0
  • Land Recorded: Land Court
  • Lot Features: Other
  • Lot Size Area: 7500.0
  • Year Built: 1954
  • Building Type: Duplex, Multi Dwellings, Other
Property and Assessments
  • Documents: Lease Documents
  • Photo Count: 19
  • Property Condition: Average
  • Special Listing Conditions: None
  • Disclosures: Non Resident Owner, Pet on Property, See Remarks
  • Foreclosure: No
  • Set Backs: Of Record
  • Supplement Count: 0
  • TMK Area: 111
  • TMK Condo Property Regime Number: 0
  • TMK Division: 1
  • TMK Parcel: 5
  • TMKPLAT: 18
  • TMK Section: 1
  • TMK Zone: 1
Utilities
  • Utilities: Cable, Internet, Overhead Electricity, Public Water, Telephone, Water
  • Sewer: Connected
  • Utilities Meters: Electric, Individual, Water
Interior and Exterior Features
Exterior Features
  • Amenities: None
  • Construction Materials: Above Ground, Single Wall, Wood Frame
  • Easements: Other
  • Recreation Facilities: Other
  • Roof: Other
Interior Features
  • Furnished: None
  • Laundry Facilities: Individual, Other, Washer
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: 3
  • Number Of Units Total: 3
Income & Expenses
  • Total Annual Operating Expenses: $6,655.00
  • Total Income: $58,200.00
  • Expenses Include: Excise Tax, Insurance, Property Tax
  • Net Operating Income: $51,545.00
  • Other Income: $.00
Agent
Sale and Listing
  • DOM: 16
  • Listing Service: Full Service
  • MLS: HI Central
  • MLS Area Major: Metro
  • Status: Active
  • Public Remarks: Unique opportunity to own three (3) units (1800sf) on a large 7,500 sf lot zoned A-1 (Low Density Apartment). Owner occupied buyers of this Multi-family property can purchase with as little as 5% down, when using a qualified Fanny Mae Loan. Back house is a nice 2BR/1BA home with three covered (carport) parking and a fenced, enclosed yard with a productive mango tree. At the front of the property is a duplex, with two, 2BR/1BA units. Each dwelling has its own physical address with separate water and electrical metering. All units are currently occupied with month-to-month leases. DPP approval has been received for buyers who would like to consider construction of an 8 unit (2BR/1BA) apartment complex. Larger complex may be built with DPP approval (buyer to obtain). Conveniently located with close proximity to Aloha Stadium, Salt Lake and Moanalua shopping centers, Target and Navy Exchange. Good freeway access. On-going improvements to Salt Lake Blvd (and eventual new stadium entertainment district) will enhance the neighborhood and valuation. Property is to be sold “As-Is”. Please include AS-IS addendum with offer.
  • Possession: At Closing
Showing and Remarks
  • Showing Instructions: Two Day Notice Reqd, Appointment Only, Call Listor, Use ShowingTime, Virtual Showing
Rental
Rent Information
  • Tenants Responsibilities Include: Cable TV, Electricity, Water
  • Total Actual Rent: $4,850.00

Property History for 3536 Salt Lake Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3536 Salt Lake Boulevard

Taxable ValueLand$862,500Additions$110,300Total$972,800
Tax Record2023$3,399 ($283 / month)
Home Facts
Beds4Baths3Total Finished SqFt1,200 SqFtAbove Grade Finished SqFt1,200 SqFtStories1Lot Size7,500 SqFtStyleSingle Family ResidenceYear Built1954ZoningA-1CountyHONOLULUAPN1-1-1-018-005

Schools near 3536 Salt Lake Boulevard

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Aliamanu Elementary School
PublicPK to 6

Aliamanu Middle School
Public7 to 8

Admiral Arthur W Radford 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.

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3536 Salt Lake Boulevard is a multi-family home for sale in Honolulu, HI 96818. This property was listed for sale on May 11, 2024 by 20 Degrees North Real Estate, it's currently listed at $1,375,000. This listing's school district is Hawaii Department Of Education. Nearby schools include Aliamanu Elementary School, Aliamanu Middle School and Admiral Arthur W Radford High School. 3536 Salt Lake Boulevard is a 6-bed, 0-bath, 1,800 sqft multi-family home built in 1954.

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 20 Degrees North Real Estate, Brad B Chun, License #RS-83127