1545 Kewalo Street

Honolulu, HI 96822

$4,388,000
Price
18
Beds
5,908 Sq. Ft.
$743 / Sq. Ft.
5,908
Sq. Ft.
$743
per Sq. Ft.

Description

Investment opportunity in Makiki with easy access to the freeway and minutes from downtown. High rental income with the ability to increase over time. 3- 2 story buildings consists of 16, 1-bedroom/1-bathroom units and1, 2-bedroom/1-bathroom unit--totaling 17 units and 7 parking stalls (2 tandem) Freshly painted exterior. Seller is offering $10,000 credit to Buyer.Investment opportunity in Makiki with easy access to the freeway and minutes from downtown. High rental income with the ability to increase over time. 3- 2 story buildings consists of 16, 1-bedroom/1-bathroom units and1, 2-bedroom/1-bathroom unit--totaling 17 units and 7 parking stalls (2 tandem) Freshly painted exterior. Seller is offering $10,000 credit to Buyer.
  1. Listed by Jennifer Lee Chong • License #RB-20882 • Lee International Properties • (808) 951-5558
  2. Listed by Tokina Yamamoto • License #RS-82119 • Lee International Properties • (808) 951-5558

Property Details for 1545 Kewalo Street

View
None, City, Mountain
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 Lee International Properties, Jennifer Lee Chong, License #RB-20882; Lee International Properties, Tokina Yamamoto, License #RS-82119
Add your commute
LISTING UPDATED: 04/01/2024 05:05 PM

Property Details for 1545 Kewalo Street

StatusActive
MLS #202325642
Days on Market166
Taxes$540 / month
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1927
Lot Size0.19 AC / 8,060 SF
CountyHonolulu County

Location

Listing Courtesy of Lee International Properties, Jennifer Lee Chong, License #RB-20882; Lee International Properties, Tokina Yamamoto, License #RS-82119
Add your commute

Virtual Tour

Building Information for 1545 Kewalo Street

Stories-Residences17Year Built1927Building Size-Lot Size0.19 AC / 8,060 SF

Payment Calculator

$24,487 per month

30 year fixed, 7.25% Interest

Principal and Interest

$23,947

Property Taxes

$540

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1545 Kewalo Street

Summary
Location and General Information
  • Topography: Level
  • City: Honolulu
  • County Or Parish: Oahu
  • State Or Province: HI
  • Location: Inside
Taxes and HOA Information
  • Tax Amount: $540.00
  • Tax Assessed Value: $1,851,400.00
  • Tax Assessed Value Improvements: $283,000.00
  • Tax Assessed Value Land: $1,568,400.00
  • Tax Paid By Seller: No
  • Tax Year: 2023
  • Parcel Number: 1-2-4-021-049-0000
  • HOA YN: No
Parking
  • Parking Features: Assigned, Covered, Open, Tandem
  • Parking Total: 7
  • Other Parking Features: None
Virtual Tour
Property
Lot Information
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family
  • SQFT Building: 5908.0
  • Sqft Total: 5908.0
  • Land Recorded: Regular System
  • Lot Features: Clear
  • Lot Size Area: 8060.0
  • Year Built: 1927
  • Year Remodeled: 2015
  • Building Type: Apartments, Multi Dwellings
Property and Assessments
  • Documents: Lease Documents, Survey
  • Photo Count: 23
  • Property Condition: Above Average
  • Special Listing Conditions: None
  • Disclosures: None
  • Foreclosure: No
  • Set Backs: C&C, Of Record
  • TMK Area: 124
  • TMK Condo Property Regime Number: 0
  • TMK Division: 1
  • TMK Parcel: 49
  • TMKPLAT: 21
  • TMK Section: 4
  • TMK Zone: 2
Utilities
  • Utilities: Cable, Gas, Internet, Overhead Electricity, Public Water, Telephone, Water
  • Sewer: Connected
  • Utilities Meters: Electric, Gas, Water
Interior and Exterior Features
Exterior Features
  • Amenities: None
  • Construction Materials: Brick, Concrete, Hollow Tile, Single Wall, Slab, Wood Frame
  • Easements: None
  • Roof: Other, Wood Shake
Interior Features
  • Laundry Facilities: Coin
Multi Family
Multi-Family Information
  • Studio Units Number Of: 0
  • Unit One Number Of Bed: 16
  • Unit Three Number Of Bed: 0
  • Unit Two Number Of Bed: 1
  • Number Of Units Total: 17
Income & Expenses
  • Total Annual Operating Expenses: $65,147.00
  • Total Income: $256,680.00
  • Expenses Include: Excise Tax, Insurance, Mgmt Fee, Property Tax, Sewer Fee
  • Net Operating Income: $191,533.00
  • Other Income: $245.00
Agent
Sale and Listing
  • DOM: 139
  • Listing Service: Full Service
  • MLS: HI Central
  • MLS Area Major: Metro
  • Status: Active
  • Public Remarks: Investment opportunity in Makiki with easy access to the freeway and minutes from downtown. High rental income with the ability to increase over time. 3- 2 story buildings consists of 16, 1-bedroom/1-bathroom units and1, 2-bedroom/1-bathroom unit--totaling 17 units and 7 parking stalls (2 tandem) Freshly painted exterior. Seller is offering $10,000 credit to Buyer.
  • Possession: At Closing
Showing and Remarks
  • Showing Instructions: Call Listor
Rental
Rent Information
  • Tenants Responsibilities Include: Cable TV, Electricity, Gas
  • Total Actual Rent: $21,145.00

Property History for 1545 Kewalo 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 1545 Kewalo Street

Taxable ValueLand$1,568,400Additions$283,000Total$1,851,400
Tax Record2022$6,186 ($515 / month)
Home Facts
Baths1Total Finished SqFt2,624 SqFtAbove Grade Finished SqFt2,624 SqFtStories1Lot Size8,060 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningA-2CountyHONOLULUAPN1-2-4-021-049

Schools near 1545 Kewalo 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.

Similar Homes

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1545 Kewalo Street is a multi-family home for sale in Honolulu, HI 96822. This property was listed for sale on November 15, 2023 by Lee International Properties, it's currently listed at $4,388,000. It has been on the market for a total of 166 days and was last sold on February 24, 2017. This listing's school district is Hawaii Department Of Education. Nearby schools include Queen Kaahumanu Elementary School, President George Washington Middle School and President William Mckinley High School. 1545 Kewalo Street is a 18-bed, 0-bath, 5,908 sqft multi-family home built in 1927.

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 Lee International Properties, Jennifer Lee Chong, License #RB-20882; Lee International Properties, Tokina Yamamoto, License #RS-82119