1221 Gulick Avenue
Honolulu, HI 96819
$1,950,000
Price
7
Beds
3,019 Sq. Ft.
$646 / Sq. Ft.
3,019
Sq. Ft.
$646
per Sq. Ft.
Description
Exceptional Investment opportunity! Discover the potential of this expansive and level 18,000+ square foot lot, zoned R-3.5, located in the Kalihi neighborhood. This property offers a myriad of possibilities: renovate the existing dwellings to continue generating income, add additional units, or build brand new structures. The zoning and lot size allow for the potential development of up to 5 new dwellings (buyers to conduct their own due diligence and verification). Currently, the property features...Exceptional Investment opportunity! Discover the potential of this expansive and level 18,000+ square foot lot, zoned R-3.5, located in the Kalihi neighborhood. This property offers a myriad of possibilities: renovate the existing dwellings to continue generating income, add additional units, or build brand new structures. The zoning and lot size allow for the potential development of up to 5 new dwellings (buyers to conduct their own due diligence and verification). Currently, the property features three existing homes: a spacious 3-bedroom, 1-bath unit, and two 2-bedroom, 1-bath units. Please respect the privacy of the tenants and refrain from walking on the property without a confirmed appointment. Tax office records do not match actual square footage and bed/bathroom count.
- Listed by Brian C Lee • License #RB-22906 • Coldwell Banker Realty • (808) 596-0456
- Listed by Ronald N Lee • License #RB-14357 • Coldwell Banker Realty • (808) 596-0456
Property Details for 1221 Gulick Avenue
View
Mountain
Zoning07 - R-3.5 Residential District
NeighbourhoodKALIHI-LOWER
Flood ZoneZone X
Stories/LevelsOne
Land TenureFS - Fee Simple
LISTING UPDATED: 10/02/2024 12:06 PM
Property Details for 1221 Gulick Avenue
| Status | Active |
|---|---|
| MLS # | 202421983 |
| Days on Market | 50 |
| Taxes | $607 / month |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Multi-Family |
| Year Built | 1923 |
| Lot Size | 0.43 AC / 18,839 SF |
| County | Honolulu County |
Building Information for 1221 Gulick Avenue
Stories-Residences3Year Built1923Building Size-Lot Size0.43 AC / 18,839 SF
Property Information for 1221 Gulick Avenue
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: $606.81
- Tax Assessed Value: $2,080,500.00
- Tax Assessed Value Improvements: $247,300.00
- Tax Assessed Value Land: $1,833,200.00
- Tax Year: 2024
- Parcel Number: 1-1-3-007-067-0000
- HOA YN: No
Parking
- Parking Features: Open
- Parking Total: 6
- Other Parking Features: None
Property
Lot Information
- Property Sub Type: Multi-Family
- Property Type: Multi-Family
- SQFT Building: 3019.0
- Sqft Total: 3019.0
- Land Recorded: Land Court
- Lot Features: Clear, Irregular
- Lot Size Area: 18839.0
- Year Built: 1923
- Building Type: Multi Dwellings
Property and Assessments
- Photo Count: 18
- Property Condition: Needs Major Repair, Tear Down
- Special Listing Conditions: None
- Disclosures: Property Disclosure Stmt
- Foreclosure: No
- Set Backs: Of Record
- Supplement Count: 0
- TMK Area: 113
- TMK Condo Property Regime Number: 0
- TMK Division: 1
- TMK Parcel: 67
- TMKPLAT: 7
- TMK Section: 3
- TMK Zone: 1
Utilities
- Utilities: Overhead Electricity, Public Water
- Sewer: Connected
- Utilities Meters: Electric, Gas, Water
Interior and Exterior Features
Exterior Features
- Amenities: None
- Construction Materials: Above Ground, Wood Frame
- Easements: None
- Recreation Facilities: None
- Roof: Composition
Interior Features
- Laundry Facilities: None
Multi Family
Multi-Family Information
- Studio Units Number Of: 0
- Unit One Number Of Bed: 0
- Unit Three Number Of Bed: 1
- Unit Two Number Of Bed: 2
- Number Of Units Total: 3
Income & Expenses
- Total Annual Operating Expenses: $.00
- Total Income: $.00
- Expenses Include: Property Tax
- Net Operating Income: $.00
- Other Income: $.00
Agent
Sale and Listing
- DOM: 5
- Listing Service: Full Service
- MLS: HI Central
- MLS Area Major: Metro
- Status: Active
- Public Remarks: Exceptional Investment opportunity! Discover the potential of this expansive and level 18,000+ square foot lot, zoned R-3.5, located in the Kalihi neighborhood. This property offers a myriad of possibilities: renovate the existing dwellings to continue generating income, add additional units, or build brand new structures. The zoning and lot size allow for the potential development of up to 5 new dwellings (buyers to conduct their own due diligence and verification). Currently, the property features three existing homes: a spacious 3-bedroom, 1-bath unit, and two 2-bedroom, 1-bath units. Please respect the privacy of the tenants and refrain from walking on the property without a confirmed appointment. Tax office records do not match actual square footage and bed/bathroom count.
- Possession: At Closing
Showing and Remarks
- Showing Instructions: Two Day Notice Reqd
Rental
Rent Information
- Total Actual Rent: $.00
Property History for 1221 Gulick Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1221 Gulick Avenue
Taxable ValueLand$1,833,200Additions$247,300Total$2,080,500
Tax Record2023$7,595 ($633 / month)
Home Facts
Beds1Baths3Total Finished SqFt1,411 SqFtAbove Grade Finished SqFt1,411 SqFtStories1Lot Size18,839 SqFtStyleSingle Family ResidenceYear Built1923ZoningR-3.5CountyHONOLULUAPN1-1-3-007-067
Schools near 1221 Gulick 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 - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Kalihi Waena Elementary School PublicPK to 5 | ||
King David Kalakaua Middle School Public6 to 8 | ||
Governor Wallace Rider Farrington 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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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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Coldwell Banker Realty, Brian C Lee, License #RB-22906; Coldwell Banker Realty, Ronald N Lee, License #RB-14357