1737 Makiki Street

Honolulu, HI 96822

$3,750,000
Price
18
Beds
6,537 Sq. Ft.
$574 / Sq. Ft.
6,537
Sq. Ft.
$574
per Sq. Ft.

Description

Three blocks from Punahou with brand new interiors and exteriors, all occupied with excellent management, and easy to take over. Lovely, quaint yard with pretty lights for nighttime ambience make this treasure of a building feel like HOME! Average interiors are approximately 726sf, making these units huge compared to other buildings. Tenants pay separately-metered electric, parking, and pet fees. Each bedroom has window AC. Spacious, secure laundry room with owner's locker and separate, rentable...Three blocks from Punahou with brand new interiors and exteriors, all occupied with excellent management, and easy to take over. Lovely, quaint yard with pretty lights for nighttime ambience make this treasure of a building feel like HOME! Average interiors are approximately 726sf, making these units huge compared to other buildings. Tenants pay separately-metered electric, parking, and pet fees. Each bedroom has window AC. Spacious, secure laundry room with owner's locker and separate, rentable tenant storage lockers. City and County trash service. Don't let this opportunity pass you by!
  1. Listed by Christina L Dwight • License #RB-20978 • Commercial Inv. Strategies • (808) 429-1098

Property Details for 1737 Makiki Street

View
City, Sunset
Zoning
12 - A-2 Medium Density Apartme
Neighbourhood
MAKIKI AREA
Flood Zone
Zone X
Stories/Levels
Three
Land Tenure
FS - Fee Simple

Location

Listing Courtesy of Commercial Inv. Strategies, Christina L Dwight, License #RB-20978
Add your commute
LISTING UPDATED: 04/19/2024 11:27 AM

Property Details for 1737 Makiki Street

StatusActive
MLS #202407665
Days on Market30
Taxes$648 / month
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1959
Lot Size0.12 AC / 5,203 SF
CountyHonolulu County

Location

Listing Courtesy of Commercial Inv. Strategies, Christina L Dwight, License #RB-20978
Add your commute

Building Information for 1737 Makiki Street

Stories-Residences9Year Built1959Building Size-Lot Size0.12 AC / 5,203 SF

Payment Calculator

$21,113 per month

30 year fixed, 7.25% Interest

Principal and Interest

$20,465

Property Taxes

$648

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1737 Makiki Street

Summary
Location and General Information
  • Topography: Level
  • City: Honolulu
  • County Or Parish: Oahu
  • State Or Province: HI
  • Location: Corner
Taxes and HOA Information
  • Tax Amount: $648.00
  • Tax Assessed Value: $2,237,000.00
  • Tax Assessed Value Improvements: $988,900.00
  • Tax Assessed Value Land: $1,248,100.00
  • Tax Paid By Seller: No
  • Tax Year: 2024
  • Parcel Number: 1-2-4-023-079-0000
  • HOA YN: No
Parking
  • Parking Features: Assigned
  • Parking Total: 5
  • Other Parking Features: None
Property
Lot Information
  • Property Frontage: Stream/Canal
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family
  • SQFT Building: 6537.0
  • Sqft Total: 6537.0
  • Land Recorded: Regular System
  • Lot Features: Clear
  • Lot Size Area: 5203.0
  • Year Built: 1959
  • Year Remodeled: 2023
  • Building Type: Apartments, Multi Dwellings
Property and Assessments
  • Documents: Lease Documents, P&L, Survey, Title Search
  • Photo Count: 25
  • Property Condition: Excellent
  • Special Listing Conditions: None
  • Disclosures: 1031 Exchange, Licensed Owner
  • Foreclosure: No
  • Set Backs: None
  • Supplement Count: 1
  • TMK Area: 124
  • TMK Condo Property Regime Number: 0
  • TMK Division: 1
  • TMK Parcel: 79
  • TMKPLAT: 23
  • TMK Section: 4
  • TMK Zone: 2
Utilities
  • Utilities: Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
  • Sewer: Connected
  • Utilities Meters: Electric, Water
Interior and Exterior Features
Exterior Features
  • Amenities: A/C, Other, Storage
  • Construction Materials: Hollow Tile
  • Easements: None
  • Elevators Number Of: 0
  • Recreation Facilities: Other
  • Roof: Other
Interior Features
  • Furnished: Partial
  • Laundry Facilities: Coin, Dryer, Leased Equipment, Washer
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: 0
  • Unit Two Number Of Bed: 9
  • Number Of Units Total: 9
Income & Expenses
  • Total Annual Operating Expenses: $56,245.00
  • Total Income: $239,959.00
  • Expenses Include: Excise Tax, Insurance, Mgmt Fee, Other, Property Tax, Repair Maintenance, Sewer Fee
  • Net Operating Income: $183,714.00
  • Other Income: $14,026.00
Agent
Sale and Listing
  • DOM: 15
  • Listing Service: Full Service
  • Management Company Name: Cirrus Asset Management
  • Management Company Phone: 808-922-1052
  • MLS: HI Central
  • MLS Area Major: Metro
  • Status: Active
  • Public Remarks: Three blocks from Punahou with brand new interiors and exteriors, all occupied with excellent management, and easy to take over. Lovely, quaint yard with pretty lights for nighttime ambience make this treasure of a building feel like HOME! Average interiors are approximately 726sf, making these units huge compared to other buildings. Tenants pay separately-metered electric, parking, and pet fees. Each bedroom has window AC. Spacious, secure laundry room with owner's locker and separate, rentable tenant storage lockers. City and County trash service. Don't let this opportunity pass you by!
  • Possession: At Closing, Subject To Tenancy
Showing and Remarks
  • Showing Instructions: Two Day Notice Reqd, Call Listor, Listor Must Be Present
Rental
Rent Information
  • Tenants Responsibilities Include: Cable TV, Electricity, Other, Parking
  • Total Actual Rent: $18,828.00

Property History for 1737 Makiki 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 1737 Makiki Street

Taxable ValueLand$1,248,100Additions$973,500Total$2,221,600
Tax Record2022$7,478 ($623 / month)
Home Facts
Total Finished SqFt6,537 SqFtAbove Grade Finished SqFt6,537 SqFtStories3Lot Size5,203 SqFtStyleMulti-Family Res (5+ Units)Year Built1959Year Renovated2002ZoningA-2CountyHONOLULUAPN1-2-4-023-079

Schools near 1737 Makiki 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
President Abraham Lincoln Elementary School
PublicPK to 5

Robert Louis Stevenson Middle School
Public6 to 8

President Theodore Roosevelt 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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Similar Sold Homes

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1737 Makiki Street is a multi-family home for sale in Honolulu, HI 96822. This property was listed for sale on April 5, 2024 by Commercial Inv. Strategies, it's currently listed at $3,750,000. It has been on the market for a total of 30 days and was last sold on February 21, 2020. This listing's school district is Hawaii Department Of Education. Nearby schools include President Abraham Lincoln Elementary School, Robert Louis Stevenson Middle School and President Theodore Roosevelt High School. 1737 Makiki Street is a 18-bed, 0-bath, 6,537 sqft multi-family home built in 1959.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Commercial Inv. Strategies, Christina L Dwight, License #RB-20978