2005 Stanley Street
Honolulu, HI 96819
$999,000
Price
8
Beds
4
Baths
3,958 Sq. Ft.
$252 / Sq. Ft.
3,958
Sq. Ft.
$252
per Sq. Ft.
Active Under Contract
Active Under Contract
Description
This property offers an exceptional opportunity for investors, priced to move quickly for cash buyers looking to capitalize on its unique features and income-generating potential. Priced well below the tax assessed value of $1.424m. With six units and a spacious additional basement unit with four bedrooms and one bath, the possibilities are expansive, especially since the actual bedroom and bathroom count exceeds what is listed on tax records. Located in a highly convenient area and zoned for industrial/commercial...This property offers an exceptional opportunity for investors, priced to move quickly for cash buyers looking to capitalize on its unique features and income-generating potential. Priced well below the tax assessed value of $1.424m. With six units and a spacious additional basement unit with four bedrooms and one bath, the possibilities are expansive, especially since the actual bedroom and bathroom count exceeds what is listed on tax records. Located in a highly convenient area and zoned for industrial/commercial use, this property opens doors to various income streams. The expansive parking area accommodates up to seven vehicles, making it ideal for tenants or business operations. Showings are available with sufficient notice, and proof of cash funds is required for all showings. This versatile property is ready for investors eager to transform it into a highly profitable venture. No open houses. Actual amount of bedrooms and bathrooms do not match county records or tax records
- Listed by Hazel T Gacula • License #RS-84882 • eXp Realty • (808) 725-2794
- Listed by Justin K Taparra • License #RS-81485 • eXp Realty • (808) 725-2794
Property Details for 2005 Stanley Street
Architectural Style
Detach Single Family, Duplex, Multiple Dwellings
ViewNone
Zoning46 - IMX-1 Industrial-Commercia
NeighbourhoodKAPALAMA
Flood ZoneZone X
Stories/LevelsTwo, Split Level
Land TenureFS - Fee Simple
LISTING UPDATED: 11/22/2024 10:22 AM
Property Details for 2005 Stanley Street
| Status | Active Under Contract |
|---|---|
| MLS # | 202424124 |
| Days on Market | 20 |
| Taxes | $369 / month |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Single Family |
| Year Built | 1935 |
| Lot Size | 0.12 AC / 5,108 SF |
| County | Honolulu County |
Building Information for 2005 Stanley Street
Stories-Year Built1935Building Size-Lot Size0.12 AC / 5,108 SF
Property Information for 2005 Stanley Street
Summary
Location and General Information
- Topography: Gentle Slope, Level
- City: Honolulu
- County Or Parish: Oahu
- State Or Province: HI
- Location: Other
Taxes and HOA Information
- Tax Amount: $368.90
- Tax Assessed Value: $1,424,800.00
- Tax Assessed Value Improvements: $169,800.00
- Tax Assessed Value Land: $1,255,000.00
- Tax Excemption Owner Occupancy: 0
- Tax Year: 2024
- Parcel Number: 1-1-2-011-017-0000
- HOA YN: No
Parking
- Parking Features: 3 Car+, Driveway
- Parking Total: 4
Property
Lot Information
- Property Sub Type: Single Family
- Property Type: Single Family
- Road Frontage: Paved Rd
- SQFT Roofed Living: 3958.0
- Sqft Total: 3958.0
- Land Recorded: Land Court
- Lot Features: Clear
- Lot Size Area: 5108.0
- Year Built: 1935
Property and Assessments
- Appliances: None
- Photo Count: 25
- New Development Construction: No
- Property Condition: Fair, Needs Major Repair
- Special Listing Conditions: Lien Release
- Disclosures: Pets Allowed (Verify), Property Disclosure Stmt
- Foreclosure: No
- Fractional Ownership: No
- Condo Property Regime: No
- Set Backs: Of Record
- Supplement Count: 1
- TMK Area: 112
- TMK Condo Property Regime Number: 0
- TMK Division: 1
- TMK Parcel: 17
- TMKPLAT: 11
- TMK Section: 2
- TMK Zone: 1
Utilities
- Utilities: Cable, Internet, Public Water, Telephone, Water
Interior and Exterior Features
Exterior Features
- Amenities: Bedroom on 1st Floor
- Construction Materials: Concrete
- Easements: None
- Flooring: Other
- Pool Features: None
- Roof: Other
Interior Features
- Baths Full: 4
- Baths Half: 0
- Baths Total: 4.0
- Beds Total: 8.0
- Furnished: None
Agent
Sale and Listing
- DOM: 20
- Immoviewer: No
- Listing Service: Full Service
- MLS: HI Central
- MLS Area Major: Metro
- Open House Count: 0
- Status: In Escrow Showing
- Public Remarks: This property offers an exceptional opportunity for investors, priced to move quickly for cash buyers looking to capitalize on its unique features and income-generating potential. Priced well below the tax assessed value of $1.424m. With six units and a spacious additional basement unit with four bedrooms and one bath, the possibilities are expansive, especially since the actual bedroom and bathroom count exceeds what is listed on tax records. Located in a highly convenient area and zoned for industrial/commercial use, this property opens doors to various income streams. The expansive parking area accommodates up to seven vehicles, making it ideal for tenants or business operations. Showings are available with sufficient notice, and proof of cash funds is required for all showings. This versatile property is ready for investors eager to transform it into a highly profitable venture. No open houses. Actual amount of bedrooms and bathrooms do not match county records or tax records
- Possession: Seller Lease Back
Showing and Remarks
- Showing Instructions: One Day Notice Reqd
Rental
Rent Information
- Occupant Type: Owner
Property History for 2005 Stanley Street
| 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 2005 Stanley Street
Taxable ValueLand$1,255,000Additions$169,800Total$1,424,800
Tax Record2023$14,062 ($1,172 / month)
Home Facts
Baths2Total Finished SqFt2,250 SqFtAbove Grade Finished SqFt2,250 SqFtStories1Lot Size5,108 SqFtStyleMulti-Family Res (5+ Units)Year Built1965ZoningIMX-1 IND-COMCountyHONOLULUAPN1-1-2-011-017
Schools near 2005 Stanley 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 - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Kalihi Kai 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 eXp Realty, Hazel T Gacula, License #RS-84882; eXp Realty, Justin K Taparra, License #RS-81485