904 Piikoi Street
Honolulu, HI 96814
$1,750,000
Price
11
Beds
3,148 Sq. Ft.
$556 / Sq. Ft.
3,148
Sq. Ft.
$556
per Sq. Ft.
Description
Prime corner lot in the Kaka`ako Special District on main artery, blocks from Ala Moana Center with 6 units: 1 three, 3 twos, 2 ones. Currently used by a non-profit that is expanding, so property taxes are super low. All income and expenses are pro forma, and Seller may wish to lease back the property while they find a new home. Request flyer for pro forma income/expenses, rental comparable analysis, and sales comps, along with more property information. Nice layout with existing laundry facilities...Prime corner lot in the Kaka`ako Special District on main artery, blocks from Ala Moana Center with 6 units: 1 three, 3 twos, 2 ones. Currently used by a non-profit that is expanding, so property taxes are super low. All income and expenses are pro forma, and Seller may wish to lease back the property while they find a new home. Request flyer for pro forma income/expenses, rental comparable analysis, and sales comps, along with more property information. Nice layout with existing laundry facilities can easily be converted to coin machines for more income. All units separately metered for electric, multiple gas meters, one water meter.
- Listed by Christina L Dwight • License #RB-20978 • Commercial Inv. Strategies • (808) 429-1098
Property Details for 904 Piikoi Street
View
None
ZoningKak – Kakaako Community Development Project
NeighbourhoodKAKAAKO
Flood ZoneZone X
Stories/LevelsTwo
Land TenureFS - Fee Simple
LISTING UPDATED: 12/03/2024 10:24 AM
Property Details for 904 Piikoi Street
| Status | Active |
|---|---|
| MLS # | 202423916 |
| Days on Market | 57 |
| Taxes | $25 / month |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Multi-Family |
| Year Built | 1940 |
| Lot Size | 0.14 AC / 5,911 SF |
| County | Honolulu County |
Building Information for 904 Piikoi Street
Stories-Residences6Year Built1940Building Size-Lot Size0.14 AC / 5,911 SF
Property Information for 904 Piikoi 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: $25.00
- Tax Assessed Value: $1,809,100.00
- Tax Assessed Value Improvements: $213,100.00
- Tax Assessed Value Land: $1,596,000.00
- Tax Year: 2024
- Parcel Number: 1-2-3-011-021-0000
- HOA YN: No
Parking
- Parking Features: Assigned, Covered
- Parking Total: 4
- Other Parking Features: None
Property
Lot Information
- Property Frontage: Other
- Property Sub Type: Multi-Family
- Property Type: Multi-Family
- SQFT Building: 3148.0
- Sqft Total: 3148.0
- Land Recorded: Regular System
- Lot Features: Clear
- Lot Size Area: 5911.0
- Year Built: 1940
- Year Remodeled: 2005
- Building Type: Apartments, Multi Dwellings
Property and Assessments
- Documents: P&L, Survey, Title Search
- Photo Count: 25
- Property Condition: Average
- Special Listing Conditions: None
- Disclosures: None
- Foreclosure: No
- Set Backs: None
- Supplement Count: 0
- TMK Area: 123
- TMK Condo Property Regime Number: 0
- TMK Division: 1
- TMK Parcel: 21
- TMKPLAT: 11
- TMK Section: 3
- TMK Zone: 2
Utilities
- Utilities: Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
- Sewer: Connected
- Utilities Meters: Electric, Gas, Water
Interior and Exterior Features
Exterior Features
- Amenities: A/C
- Construction Materials: Concrete, Hollow Tile, Wood Frame
- Easements: None
- Elevators Number Of: 0
- Recreation Facilities: None
- Roof: Asphalt Shingle
Interior Features
- Furnished: Partial
- Laundry Facilities: Dryer, Washer
Multi Family
Multi-Family Information
- Commercial Spaces Number Of: 0
- Studio Units Number Of: 0
- Unit One Number Of Bed: 2
- Unit Three Number Of Bed: 1
- Unit Two Number Of Bed: 3
- Number Of Units Total: 6
Income & Expenses
- Total Annual Operating Expenses: $36,073.00
- Total Income: $132,900.00
- Expenses Include: Excise Tax, Insurance, Mgmt Fee, Other, Property Tax, Repair Maintenance, Sewer Fee
- Net Operating Income: $96,828.00
- Other Income: $.00
Agent
Sale and Listing
- DOM: 39
- Immoviewer: No
- Listing Service: Full Service
- Management Company Name: Self-Managed
- Management Company Phone: 000-000-0000
- MLS: HI Central
- MLS Area Major: Metro
- Status: Active
- Public Remarks: Prime corner lot in the Kaka`ako Special District on main artery, blocks from Ala Moana Center with 6 units: 1 three, 3 twos, 2 ones. Currently used by a non-profit that is expanding, so property taxes are super low. All income and expenses are pro forma, and Seller may wish to lease back the property while they find a new home. Request flyer for pro forma income/expenses, rental comparable analysis, and sales comps, along with more property information. Nice layout with existing laundry facilities can easily be converted to coin machines for more income. All units separately metered for electric, multiple gas meters, one water meter.
- Possession: At Closing
Showing and Remarks
- Showing Instructions: Two Day Notice Reqd
Rental
Rent Information
- Tenants Responsibilities Include: None
- Total Actual Rent: $10,775.00
Property History for 904 Piikoi 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 904 Piikoi Street
Taxable ValueLand$1,596,000Additions$213,100Total$1,809,100
Tax Record2023$300 ($25 / month)
Home Facts
Baths1Total Finished SqFt1,326 SqFtAbove Grade Finished SqFt1,326 SqFtStories1Lot Size5,911 SqFtStyleMulti-Family Res (5+ Units)Year Built1941Year Renovated1965ZoningHCDACountyHONOLULUAPN1-2-3-011-021
Schools near 904 Piikoi 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 Commercial Inv. Strategies, Christina L Dwight, License #RB-20978