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 100% occupied 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...Well-maintained 100% occupied 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.
- Listed by Sheldon BK Glassco • License #RB-21489 • Obsidian Real Estate LLC
Property Details for 2458 Wilder Avenue
View
Garden
Zoning05 - R-5 Residential District
NeighbourhoodUNIVERSITY
Flood ZoneZone X
Stories/LevelsTwo
Land TenureFS - Fee Simple
LISTING UPDATED: 07/18/2024 01:50 PM
Property Details for 2458 Wilder Avenue
| Status | Active |
|---|---|
| MLS # | 202403604 |
| Days on Market | 312 |
| Taxes | $590 / month |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Multi-Family |
| Year Built | 1969 |
| Lot Size | 0.24 AC / 10,417 SF |
| County | Honolulu County |
Building Information for 2458 Wilder Avenue
Stories-Residences6Year Built1969Building Size-Lot Size0.24 AC / 10,417 SF
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 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: 185
- Listing Service: Full Service
- MLS: HI Central
- MLS Area Major: Metro
- Status: Active
- Public Remarks: Well-maintained 100% occupied 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
| 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 2458 Wilder Avenue
Taxable ValueLand$1,801,900Additions$298,300Total$2,100,200
Tax Record2023$7,090 ($591 / month)
Home Facts
Total Finished SqFt4,450 SqFtAbove Grade Finished SqFt4,450 SqFtStories2Lot Size10,417 SqFtStyleMulti-Family Res (5+ Units)Year Built1969Year Renovated1979ZoningR-5 RESIDENTICountyHONOLULUAPN1-2-8-007-009
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.
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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 Obsidian Real Estate LLC, Sheldon BK Glassco, License #RB-21489