2131 South Beretania Street
Honolulu, HI 96826
$9,800,000
Price
30
Beds
20,804 Sq. Ft.
$471 / Sq. Ft.
20,804
Sq. Ft.
$471
per Sq. Ft.
Description
You've probably driven by this property a million times and its finally on the market for sale! 30 one-bedroom/one-bath units plus 2 commercial units with 40 parking stalls! HUGE 21,410 square foot BMS-3 zoned parcel in the McCully/Moiliili neighborhood between Isenberg and McCully Streets! Roughly half the units have been remodeled. One unit had a recent fire, has been gutted and waiting for the insurance company's contractor to start the renovations. Currently fully occupied except for the unit...You've probably driven by this property a million times and its finally on the market for sale! 30 one-bedroom/one-bath units plus 2 commercial units with 40 parking stalls! HUGE 21,410 square foot BMS-3 zoned parcel in the McCully/Moiliili neighborhood between Isenberg and McCully Streets! Roughly half the units have been remodeled. One unit had a recent fire, has been gutted and waiting for the insurance company's contractor to start the renovations. Currently fully occupied except for the unit that had the fire. Income and expenses are proforma. Separate electrical meters with individual water heaters. No washer/dryers currently on premises.
- Listed by Kevin Y Nishikawa • License #RB-17304 • Marcus Realty • (808) 839-7446
- Listed by Peter M Lee • License #RB-13464 • Marcus Realty • (808) 839-7446
Property Details for 2131 South Beretania Street
View
Mountain
Zoning33 - BMX-3 Community Business M
NeighbourhoodMOILIILI
Flood ZoneZone X
Stories/Levels4-7
Land TenureFS - Fee Simple
LISTING UPDATED: 11/18/2024 01:58 PM
Property Details for 2131 South Beretania Street
| Status | Active |
|---|---|
| MLS # | 202426828 |
| Days on Market | 2 |
| Taxes | $7,072 / month |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Multi-Family |
| Year Built | 1970 |
| Lot Size | 0.49 AC / 21,410 SF |
| County | Honolulu County |
Building Information for 2131 South Beretania Street
Stories-Residences32Year Built1970Building Size-Lot Size0.49 AC / 21,410 SF
Property Information for 2131 South Beretania 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: $7,072.00
- Tax Assessed Value: $6,843,700.00
- Tax Assessed Value Improvements: $1,183,700.00
- Tax Assessed Value Land: $5,660,000.00
- Tax Year: 2024
- Parcel Number: 1-2-8-004-037-0000
- HOA YN: No
Parking
- Parking Features: Assigned, Covered, Open
- Parking Total: 40
- Other Parking Features: None
Property
Lot Information
- Property Sub Type: Multi-Family
- Property Type: Multi-Family
- SQFT Building: 20804.0
- Sqft Total: 20804.0
- Land Recorded: Regular System
- Lot Features: Other
- Lot Size Area: 21410.0
- Year Built: 1970
- Building Type: Multi Dwellings
Property and Assessments
- Documents: Lease Documents, P&L
- Photo Count: 7
- Property Condition: Average
- Special Listing Conditions: None
- Disclosures: Licensed Owner
- Foreclosure: No
- Set Backs: C&C, Of Record
- Supplement Count: 0
- TMK Area: 128
- TMK Condo Property Regime Number: 0
- TMK Division: 1
- TMK Parcel: 37
- TMKPLAT: 4
- TMK Section: 8
- TMK Zone: 2
Utilities
- Utilities: Cable, Internet, Public Water, Sewer Fee, Telephone, Underground Electricity, Water
- Sewer: Connected
- Utilities Meters: Electric, Water
Interior and Exterior Features
Exterior Features
- Amenities: None
- Construction Materials: Concrete, Hollow Tile, Slab
- Easements: Street Widening
- Elevators Number Of: 0
- Recreation Facilities: None
- Roof: Other
Interior Features
- Furnished: Partial
- Laundry Facilities: None
Multi Family
Multi-Family Information
- Commercial Spaces Number Of: 2
- Studio Units Number Of: 0
- Unit One Number Of Bed: 30
- Unit Three Number Of Bed: 0
- Unit Two Number Of Bed: 0
- Number Of Units Total: 32
Income & Expenses
- Total Annual Operating Expenses: $235,185.00
- Total Income: $499,800.00
- Expenses Include: Excise Tax, Insurance, Mgmt Fee, Other, Property Tax, Repair Maintenance, Sewer Fee
- Net Operating Income: $264,615.00
- Other Income: $.00
Agent
Sale and Listing
- DOM: 0
- Listing Service: Full Service
- MLS: HI Central
- MLS Area Major: Metro
- Status: Active
- Public Remarks: You've probably driven by this property a million times and its finally on the market for sale! 30 one-bedroom/one-bath units plus 2 commercial units with 40 parking stalls! HUGE 21,410 square foot BMS-3 zoned parcel in the McCully/Moiliili neighborhood between Isenberg and McCully Streets! Roughly half the units have been remodeled. One unit had a recent fire, has been gutted and waiting for the insurance company's contractor to start the renovations. Currently fully occupied except for the unit that had the fire. Income and expenses are proforma. Separate electrical meters with individual water heaters. No washer/dryers currently on premises.
- Possession: At Closing, Subject To Tenancy
Showing and Remarks
- Showing Instructions: Two Day Notice Reqd, Appointment Only, Call Listor, Listor Must Be Present
Rental
Rent Information
- Tenants Responsibilities Include: AC, Cable TV, Electricity
- Total Actual Rent: $41,650.00
Property History for 2131 South Beretania 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 2131 South Beretania Street
Taxable ValueLand$5,660,000Additions$1,183,700Total$6,843,700
Tax Record2023$95,215 ($7,935 / month)
Home Facts
Total Finished SqFt20,804 SqFtAbove Grade Finished SqFt20,804 SqFtStories4Lot Size21,410 SqFtStyleMulti-Family Res (5+ Units)Year Built1970ZoningBMX-3 BUS MIXCountyHONOLULUAPN1-2-8-004-037
Schools near 2131 South Beretania 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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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 Marcus Realty, Kevin Y Nishikawa, License #RB-17304; Marcus Realty, Peter M Lee, License #RB-13464