2009 Waiola Street

Honolulu, HI 96826

$5,000,000
Price
20
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Tucked away on a quiet McCully side-street, 2009 Waiola Street is a wonderful 11-unit investment opportunity in an ultra-convenient location. This property includes 3 structures; a single level, 2-unit structure that includes yard space, plus two separate 2-story units, with room for parking for each unit. The property is partially tenanted. Inquire for rental performance. Great location nearby McCully shopping center, plus easy access to UH Manoa, Ala Moana area, freeways, and more. Interior photos...Tucked away on a quiet McCully side-street, 2009 Waiola Street is a wonderful 11-unit investment opportunity in an ultra-convenient location. This property includes 3 structures; a single level, 2-unit structure that includes yard space, plus two separate 2-story units, with room for parking for each unit. The property is partially tenanted. Inquire for rental performance. Great location nearby McCully shopping center, plus easy access to UH Manoa, Ala Moana area, freeways, and more. Interior photos represent the condition of 1
of the 11 units, available for showings.
  1. Listed by Joe J H Jeong • License #RS-83422 • Sachi HI Pacific Century Prop. • (808) 596-8801
  2. Listed by Derek C Lau • License #RB-19796 • Real Estate Specialists • (808) 596-8801

Property Details for 2009 Waiola Street

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

Location

Listing Courtesy of Sachi HI Pacific Century Prop., Joe J H Jeong, License #RS-83422; Real Estate Specialists, Derek C Lau, License #RB-19796
Add your commute
LISTING UPDATED: 03/22/2024 12:15 PM

Property Details for 2009 Waiola Street

StatusActive
MLS #202328358
Days on Market128
Taxes$1,051 / month
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1942
Lot Size0.28 AC / 12,000 SF
CountyHonolulu County

Location

Listing Courtesy of Sachi HI Pacific Century Prop., Joe J H Jeong, License #RS-83422; Real Estate Specialists, Derek C Lau, License #RB-19796
Add your commute

Building Information for 2009 Waiola Street

Stories-Residences11Year Built1942Building Size-Lot Size0.28 AC / 12,000 SF

Payment Calculator

$28,338 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,287

Property Taxes

$1,051

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2009 Waiola Street

Summary
Location and General Information
  • Topography: Level
  • City: Honolulu
  • County Or Parish: Oahu
  • State Or Province: HI
  • Location: Other
Taxes and HOA Information
  • Tax Amount: $1,051.00
  • Tax Assessed Value: $3,601,000.00
  • Tax Assessed Value Improvements: $481,000.00
  • Tax Assessed Value Land: $3,120,000.00
  • Tax Paid By Seller: No
  • Tax Year: 2023
  • Parcel Number: 1-2-7-001-040-0000
  • HOA YN: No
Parking
  • Parking Features: Assigned, Covered, Open, Tandem
  • Parking Total: 11
  • Other Parking Features: 10+ Spaces
Property
Lot Information
  • Property Frontage: Other
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family
  • Land Recorded: Land Court
  • Lot Features: Clear
  • Lot Size Area: 12000.0
  • Year Built: 1942
  • Year Remodeled: 1985
  • Building Type: Duplex, Fourplex, Multi Dwellings, Other
Property and Assessments
  • Documents: Other
  • Photo Count: 14
  • Property Condition: Average
  • Special Listing Conditions: None
  • Disclosures: 1031 Exchange
  • Foreclosure: No
  • Set Backs: C&C
  • TMK Area: 127
  • TMK Condo Property Regime Number: 0
  • TMK Division: 1
  • TMK Parcel: 40
  • TMKPLAT: 1
  • TMK Section: 7
  • TMK Zone: 2
Utilities
  • Utilities: Cable, Internet, Public Water, Telephone, Water
  • Sewer: Connected
  • Utilities Meters: Electric, Individual
Interior and Exterior Features
Exterior Features
  • Amenities: None
  • Construction Materials: Double Wall, Wood Frame
  • Easements: None
  • Recreation Facilities: None
  • Roof: Asphalt Shingle, Other
Interior Features
  • Furnished: Partial
  • Laundry Facilities: Coin, Dryer, Washer
Multi Family
Multi-Family Information
  • Studio Units Number Of: 1
  • Unit One Number Of Bed: 2
  • Unit Three Number Of Bed: 2
  • Unit Two Number Of Bed: 6
  • Number Of Units Total: 11
Income & Expenses
  • Total Annual Operating Expenses: $42,955.00
  • Total Income: $17,430.00
  • Expenses Include: Excise Tax, Insurance, Mgmt Fee, Property Tax, Repair Maintenance, Sewer Fee
  • Net Operating Income: $166,325.00
  • Other Income: $40.00
Agent
Sale and Listing
  • DOM: 88
  • Listing Service: Full Service
  • MLS: HI Central
  • MLS Area Major: Metro
  • Status: Active
  • Public Remarks: Tucked away on a quiet McCully side-street, 2009 Waiola Street is a wonderful 11-unit investment opportunity in an ultra-convenient location. This property includes 3 structures; a single level, 2-unit structure that includes yard space, plus two separate 2-story units, with room for parking for each unit. The property is partially tenanted. Inquire for rental performance. Great location nearby McCully shopping center, plus easy access to UH Manoa, Ala Moana area, freeways, and more. Interior photos represent the condition of 1 of the 11 units, available for showings.
  • Possession: At Closing
Showing and Remarks
  • Showing Instructions: One Day Notice Reqd, Appointment Only, Call Listor, Listor Must Be Present
Rental
Rent Information
  • Tenants Responsibilities Include: AC, Cable TV, Electricity
  • Total Actual Rent: $17,390.00

Property History for 2009 Waiola 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 2009 Waiola Street

Taxable ValueLand$3,120,000Additions$481,000Total$3,601,000
Tax Record2022$10,197 ($850 / month)
Home Facts
Baths5Total Finished SqFt2,748 SqFtAbove Grade Finished SqFt2,748 SqFtStories2Lot Size12,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1942Year Renovated1985ZoningA-2CountyHONOLULUAPN1-2-7-001-040

Schools near 2009 Waiola 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 8
Rating
School
Distance
King William Lunalilo Elementary School
PublicPK to 5

President George Washington Middle School
Public6 to 8

Kaimuki High School
Public9 to 12

Voyager - A Public Charter School
CharterK to 8

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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2009 Waiola Street is a multi-family home for sale in Honolulu, HI 96826. This property was listed for sale on December 26, 2023 by Sachi HI Pacific Century Prop., it's currently listed at $5,000,000. It has been on the market for a total of 128 days and was last sold on April 29, 2016. This listing's school district is Hawaii Department Of Education. Nearby schools include King William Lunalilo Elementary School, President George Washington Middle School and Kaimuki High School. 2009 Waiola Street is a 20-bed, 0-bath, multi-family home built in 1942.

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 Sachi HI Pacific Century Prop., Joe J H Jeong, License #RS-83422; Real Estate Specialists, Derek C Lau, License #RB-19796