2458 Wilder Avenue

Honolulu, HI 96822

$2,500,000
Price
11
Beds
4,450 Sq. Ft.
$562 / Sq. Ft.
4,450
Sq. Ft.
$562
per Sq. Ft.

Description

Well-maintained 6-unit concrete building near UH Manoa with historically high occupancy due to its larger-than-average unit sizes, private garden areas, and more than 1/1 parking. The building consists of five (5) two-bedroom units (700 SF. approx.) and one (1) one-bedroom (550 SF. approx.). The building is NOT in a flood zone and has C & C trash pick-up service, which could be a $15-20K savings compared to similar properties. The property is near UH Manoa, and the bedrooms are large enough for such...Well-maintained 6-unit concrete building near UH Manoa with historically high occupancy due to its larger-than-average unit sizes, private garden areas, and more than 1/1 parking. The building consists of five (5) two-bedroom units (700 SF. approx.) and one (1) one-bedroom (550 SF. approx.). The building is NOT in a flood zone and has C & C trash pick-up service, which could be a $15-20K savings compared to similar properties. The property is near UH Manoa, and the bedrooms are large enough for such a savvy investor to nearly double the income stream by converting the traditional rentals into students' dorms. The property is within walking distance of UH, restaurants, grocery stores, and essential services.
  1. Listed by Sheldon BK Glassco • License #RB-21489 • Obsidian Real Estate LLC

Property Details for 2458 Wilder Avenue

View
Garden
Zoning
05 - R-5 Residential District
Neighbourhood
UNIVERSITY
Flood Zone
Zone X
Stories/Levels
Two
Land Tenure
FS - Fee Simple

Location

Listing Courtesy of Obsidian Real Estate LLC, Sheldon BK Glassco, License #RB-21489
Add your commute
LISTING UPDATED: 02/15/2024 02:30 PM

Property Details for 2458 Wilder Avenue

StatusActive
MLS #202403604
Days on Market81
Taxes$590 / month
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1969
Lot Size0.24 AC / 10,417 SF
CountyHonolulu County

Location

Listing Courtesy of Obsidian Real Estate LLC, Sheldon BK Glassco, License #RB-21489
Add your commute

Building Information for 2458 Wilder Avenue

Stories-Residences6Year Built1969Building Size-Lot Size0.24 AC / 10,417 SF

Payment Calculator

$14,234 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,644

Property Taxes

$590

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2458 Wilder Avenue

Summary
Location and General Information
  • Topography: Level
  • City: Honolulu
  • County Or Parish: Oahu
  • State Or Province: HI
Taxes and HOA Information
  • Tax Amount: $590.00
  • Tax Assessed Value: $2,025,600.00
  • Tax Assessed Value Improvements: $289,300.00
  • Tax Assessed Value Land: $1,736,300.00
  • Tax Paid By Seller: Yes
  • Tax Year: 2023
  • Parcel Number: 1-2-8-007-009-0000
  • HOA YN: No
Parking
  • Parking Features: Assigned
  • Parking Total: 11
  • Other Parking Features: None
Property
Lot Information
  • Property Frontage: Other
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family
  • SQFT Building: 4450.0
  • Sqft Total: 4450.0
  • Land Recorded: Regular System
  • Lot Features: Clear
  • Lot Size Area: 10417.0
  • Year Built: 1969
  • Building Type: Apartments
Property and Assessments
  • Documents: Lease Documents, P&L, Survey
  • Photo Count: 8
  • Property Condition: Above Average
  • Special Listing Conditions: None
  • Disclosures: None
  • Foreclosure: No
  • Set Backs: None
  • TMK Area: 128
  • TMK Condo Property Regime Number: 0
  • TMK Division: 1
  • TMK Parcel: 9
  • TMKPLAT: 7
  • TMK Section: 8
  • TMK Zone: 2
Utilities
  • Utilities: Cable, Internet, Public Water, Sewer Fee, Water
  • Sewer: Connected
  • Utilities Meters: Electric, Water
Interior and Exterior Features
Exterior Features
  • Amenities: None
  • Construction Materials: Concrete
  • Easements: Sewer
  • Recreation Facilities: None
  • Roof: Other
Interior Features
  • Furnished: Partial
  • Laundry Facilities: Coin, Dryer, Washer
Multi Family
Multi-Family Information
  • Studio Units Number Of: 0
  • Unit One Number Of Bed: 1
  • Unit Three Number Of Bed: 0
  • Unit Two Number Of Bed: 5
  • Number Of Units Total: 6
Income & Expenses
  • Total Annual Operating Expenses: $32,627.00
  • Total Income: $132,148.00
  • Expenses Include: Excise Tax, Insurance, Mgmt Fee, Property Tax, Repair Maintenance, Sewer Fee
  • Net Operating Income: $93,065.00
  • Other Income: $215.00
Agent
Sale and Listing
  • DOM: 2
  • Listing Service: Full Service
  • MLS: HI Central
  • MLS Area Major: Metro
  • Status: Active
  • Public Remarks: Well-maintained 6-unit concrete building near UH Manoa with historically high occupancy due to its larger-than-average unit sizes, private garden areas, and more than 1/1 parking. The building consists of five (5) two-bedroom units (700 SF. approx.) and one (1) one-bedroom (550 SF. approx.). The building is NOT in a flood zone and has C & C trash pick-up service, which could be a $15-20K savings compared to similar properties. The property is near UH Manoa, and the bedrooms are large enough for such a savvy investor to nearly double the income stream by converting the traditional rentals into students' dorms. The property is within walking distance of UH, restaurants, grocery stores, and essential services.
  • Possession: At Closing
Showing and Remarks
  • Showing Instructions: One Day Notice Reqd, Appointment Only, Call Listor, Use ShowingTime
Rental
Rent Information
  • Tenants Responsibilities Include: Cable TV, Electricity
  • Total Actual Rent: $10,375.00

Property History for 2458 Wilder Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2458 Wilder Avenue

Taxable ValueLand$1,736,300Additions$289,300Total$2,025,600
Tax Record2022$6,923 ($577 / month)
Home Facts
Total Finished SqFt4,450 SqFtAbove Grade Finished SqFt4,450 SqFtStories2Lot Size10,417 SqFtStyleMulti-Family Res (5+ Units)Year Built1969Year Renovated1979ZoningR-5CountyHONOLULUAPN1-2-8-007-009

Schools near 2458 Wilder Avenue

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
Prince Jonah Kuhio 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.

Similar Homes

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Similar Sold Homes

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2458 Wilder Avenue is a multi-family home for sale in Honolulu, HI 96822. This property was listed for sale on February 13, 2024 by Obsidian Real Estate LLC, it's currently listed at $2,500,000. It has been on the market for a total of 81 days and was last sold on August 11, 2014. This listing's school district is Hawaii Department Of Education. Nearby schools include Prince Jonah Kuhio Elementary School, President George Washington Middle School and Kaimuki High School. 2458 Wilder Avenue is a 11-bed, 0-bath, 4,450 sqft multi-family home built in 1969.

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 Obsidian Real Estate LLC, Sheldon BK Glassco, License #RB-21489