827 Alder Street
Honolulu, HI 96814
$5,340,000
Price
12
Beds
5,143 Sq. Ft.
$1,038 / Sq. Ft.
5,143
Sq. Ft.
$1,038
per Sq. Ft.
Virtual Tour
Virtual Tour
Description
Solidly and meticulously constructed in 2022 with exceptional care by the builder-owner, this complex consists of two attached duplex structures totaling four dwelling units: one unit with 3 bedrooms and 3 baths rented for $3500/m, and the other three units with 4 bedrooms and 3 baths rented for $4200/m each. Each dwelling includes an attached two-car garage, making this property ideal for investors or families alike. Centrally located in the Ala Moana district at the corner of King and Piikoi Streets,...Solidly and meticulously constructed in 2022 with exceptional care by the builder-owner, this complex consists of two attached duplex structures totaling four dwelling units: one unit with 3 bedrooms and 3 baths rented for $3500/m, and the other three units with 4 bedrooms and 3 baths rented for $4200/m each. Each dwelling includes an attached two-car garage, making this property ideal for investors or families alike. Centrally located in the Ala Moana district at the corner of King and Piikoi Streets, this complex is within close proximity to Ala Moana Shopping Center, restaurants, supermarkets, bus routes, hospitals, schools, and all the amenities the City of Honolulu has to offer. The complex is fronted by a city mini-park with a basketball court, providing additional recreational space. This property represents a rare opportunity for those looking to invest in the entire complex or just own a single dwelling as one’s home in the heart of Honolulu, a world-renowned city.
- Listed by Henry Hwang • License #RB-18335 • Savvy Realty & Loans • (808) 926-3700
Property Details for 827 Alder Street
View
City
Zoning12 - A-2 Medium Density Apartme
NeighbourhoodALA MOANA
Flood ZoneZone X
Stories/LevelsTwo
Land TenureFS - Fee Simple
LISTING UPDATED: 11/13/2024 07:15 PM
Property Details for 827 Alder Street
| Status | Active |
|---|---|
| MLS # | 202424544 |
| Days on Market | 51 |
| Taxes | $1,373 / month |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Multi-Family |
| Year Built | 2022 |
| Lot Size | 0.15 AC / 6,561 SF |
| County | Honolulu County |
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Building Information for 827 Alder Street
Stories-Residences4Year Built2022Building Size-Lot Size0.15 AC / 6,561 SF
Property Information for 827 Alder 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: $1,373.42
- Tax Assessed Value: $4,042,200.00
- Tax Assessed Value Improvements: $1,673,500.00
- Tax Assessed Value Land: $2,368,700.00
- Tax Year: 2024
- Parcel Number: 1-2-3-012-014-0000
- HOA YN: No
Parking
- Parking Features: Covered
- Parking Total: 8
- Other Parking Features: None
Virtual Tour
- Virtual Tour URL Unbranded: https://my.matterport.com/show/?m=5We5LvECs92&brand=0
Property
Lot Information
- Property Frontage: Other
- Property Sub Type: Multi-Family
- Property Type: Multi-Family
- SQFT Building: 5143.0
- Sqft Total: 5143.0
- Land Recorded: Regular System
- Lot Features: Clear
- Lot Size Area: 6561.0
- Year Built: 2022
- Building Type: Duplex
Property and Assessments
- Documents: Building Plans, Lease Documents
- Photo Count: 17
- Property Condition: Excellent
- Special Listing Conditions: None
- Disclosures: Photovoltaic, Property Disclosure Stmt
- Foreclosure: No
- Set Backs: Of Record
- Supplement Count: 0
- TMK Area: 123
- TMK Condo Property Regime Number: 0
- TMK Division: 1
- TMK Parcel: 14
- TMKPLAT: 12
- TMK Section: 3
- TMK Zone: 2
Utilities
- Utilities: Cable, Overhead Electricity, Public Water, Sewer Connection Reqd, Sewer Fee
- Sewer: Connected
- Utilities Meters: Electric, Water
Interior and Exterior Features
Exterior Features
- Amenities: None
- Construction Materials: Concrete, Double Wall, Masonry/Stucco
- Easements: Cable, Electric, Sewer, Water
- Elevators Number Of: 0
- Recreation Facilities: None
- Roof: Asphalt Shingle, Composition
Interior Features
- Furnished: None
- Laundry Facilities: Individual
Multi Family
Multi-Family Information
- Studio Units Number Of: 0
- Unit One Number Of Bed: 0
- Unit Three Number Of Bed: 4
- Unit Two Number Of Bed: 0
- Number Of Units Total: 4
Income & Expenses
- Total Annual Operating Expenses: $25,313.95
- Total Income: $176,235.12
- Expenses Include: Excise Tax, Mgmt Fee, Repair Maintenance
- Net Operating Income: $149,721.17
- Other Income: $.00
Agent
Sale and Listing
- DOM: 14
- Listing Service: Full Service
- Management Company Name: Savvy Group, Inc.
- Management Company Phone: 808-228-8501
- MLS: HI Central
- MLS Area Major: Metro
- Status: Active
- Public Remarks: Solidly and meticulously constructed in 2022 with exceptional care by the builder-owner, this complex consists of two attached duplex structures totaling four dwelling units: one unit with 3 bedrooms and 3 baths rented for $3500/m, and the other three units with 4 bedrooms and 3 baths rented for $4200/m each. Each dwelling includes an attached two-car garage, making this property ideal for investors or families alike. Centrally located in the Ala Moana district at the corner of King and Piikoi Streets, this complex is within close proximity to Ala Moana Shopping Center, restaurants, supermarkets, bus routes, hospitals, schools, and all the amenities the City of Honolulu has to offer. The complex is fronted by a city mini-park with a basketball court, providing additional recreational space. This property represents a rare opportunity for those looking to invest in the entire complex or just own a single dwelling as one’s home in the heart of Honolulu, a world-renowned city.
- Possession: At Closing, Subject To Tenancy
Showing and Remarks
- Showing Instructions: Two Day Notice Reqd
Rental
Rent Information
- Tenants Responsibilities Include: Electricity
- Total Actual Rent: $12,600.00
Property History for 827 Alder 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 827 Alder Street
Taxable ValueLand-Additions-Total-
Home Facts
Beds4Total Finished SqFt1,420 SqFtAbove Grade Finished SqFt1,420 SqFtStories1Lot Size6,561 SqFtStyleResidentialYear Built1916ZoningA-2 APARTMENTCountyHONOLULUAPN1-2-3-012-014
Schools near 827 Alder 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 12 |
Rating | School | Distance |
|---|---|---|
Queen Kaahumanu Elementary School PublicPK to 5 | ||
Robert Louis Stevenson Middle School Public6 to 8 | ||
President William Mckinley 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 Savvy Realty & Loans, Henry Hwang, License #RB-18335