91-2078 Fort Weaver Road

Ewa Beach, HI 96706

$1,800,000
Price
8
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Great income earning opportunity in Ewa Beach on Old Ft. Weaver Rd. Property is zoned R-5 but grandfathered for commercial use so you benefit from huge savings on property taxes. Property consists of auto detailing, barber shop, and tattoo shop, 2 3/1 units, 1 2/1 unit, and a studio with no kitchen/wet bar. Monthly gross income is $9,598/month and expenses are approximately $1,250/month. Most of the rents are under market value because of long term relationships and both commercial and residential...Great income earning opportunity in Ewa Beach on Old Ft. Weaver Rd. Property is zoned R-5 but grandfathered for commercial use so you benefit from huge savings on property taxes. Property consists of auto detailing, barber shop, and tattoo shop, 2 3/1 units, 1 2/1 unit, and a studio with no kitchen/wet bar. Monthly gross income is $9,598/month and expenses are approximately $1,250/month. Most of the rents are under market value because of long term relationships and both commercial and residential rents can be dramatically increased. Or be an owner user and utilize this property for your own business. Ample parking all along Old Ft. Weaver Rd. The possibilities are endless and your options are wide open.
  1. Listed by Marc T Kumai • License #RB-18403 • Ivy K Realty, LLC • (808) 591-5660

Property Details for 91-2078 Fort Weaver Road

View
Mountain
Zoning
05 - R-5 Residential District
Neighbourhood
EWA
Flood Zone
Zone X
Stories/Levels
Two
Land Tenure
FS - Fee Simple
LISTING UPDATED: 12/20/2024 01:59 PM

Property Details for 91-2078 Fort Weaver Road

StatusActive
MLS #202419042
Days on Market85
Taxes$556 / month
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1943
Lot Size0.19 AC / 8,088 SF
CountyHonolulu County

Building Information for 91-2078 Fort Weaver Road

Stories-Residences6Year Built1943Building Size-Lot Size0.19 AC / 8,088 SF

Property Information for 91-2078 Fort Weaver Road

Summary
Location and General Information
  • Topography: Gentle Slope
  • City: Ewa Beach
  • County Or Parish: Oahu
  • State Or Province: HI
  • Location: Inside
Taxes and HOA Information
  • Tax Amount: $556.00
  • Tax Assessed Value: $964,200.00
  • Tax Assessed Value Improvements: $231,500.00
  • Tax Assessed Value Land: $732,700.00
  • Tax Year: 2024
  • Parcel Number: 1-9-1-021-006-0000
  • HOA YN: No
Parking
  • Parking Features: Assigned, Open
  • Parking Total: 4
  • Other Parking Features: None
Property
Lot Information
  • Property Frontage: Other
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family
  • Land Recorded: Regular System
  • Lot Features: Clear
  • Lot Size Area: 8088.0
  • Year Built: 1943
  • Building Type: Multi Dwellings
Property and Assessments
  • Documents: Lease Documents
  • Photo Count: 7
  • Property Condition: Average
  • Special Listing Conditions: None
  • Disclosures: None
  • Foreclosure: No
  • Set Backs: C&C
  • Supplement Count: 0
  • TMK Area: 191
  • TMK Condo Property Regime Number: 0
  • TMK Division: 1
  • TMK Parcel: 6
  • TMKPLAT: 21
  • TMK Section: 1
  • TMK Zone: 9
Utilities
  • Utilities: Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone
  • Sewer: Connected
  • Utilities Meters: Electric, Water
Interior and Exterior Features
Exterior Features
  • Amenities: None
  • Construction Materials: Hollow Tile, Single Wall, Wood Frame
  • Easements: None
  • Recreation Facilities: None
  • Roof: Wood Shake
Interior Features
  • Laundry Facilities: None
Multi Family
Multi-Family Information
  • Commercial Spaces Number Of: 2
  • Studio Units Number Of: 1
  • Unit One Number Of Bed: 0
  • Unit Three Number Of Bed: 2
  • Unit Two Number Of Bed: 1
  • Number Of Units Total: 6
Income & Expenses
  • Total Annual Operating Expenses: $15,000.00
  • Total Income: $115,182.00
  • Expenses Include: Property Tax
  • Net Operating Income: $100,182.00
  • Other Income: $.00
Agent
Sale and Listing
  • DOM: 84
  • Immoviewer: No
  • Listing Service: Full Service
  • MLS: HI Central
  • MLS Area Major: Ewaplain
  • Status: Active
  • Public Remarks: Great income earning opportunity in Ewa Beach on Old Ft. Weaver Rd. Property is zoned R-5 but grandfathered for commercial use so you benefit from huge savings on property taxes. Property consists of auto detailing, barber shop, and tattoo shop, 2 3/1 units, 1 2/1 unit, and a studio with no kitchen/wet bar. Monthly gross income is $9,598/month and expenses are approximately $1,250/month. Most of the rents are under market value because of long term relationships and both commercial and residential rents can be dramatically increased. Or be an owner user and utilize this property for your own business. Ample parking all along Old Ft. Weaver Rd. The possibilities are endless and your options are wide open.
  • Possession: At Closing
Showing and Remarks
  • Showing Instructions: Call Listor
Rental
Rent Information
  • Tenants Responsibilities Include: Cable TV, Electricity
  • Total Actual Rent: $9,598.50

Property History for 91-2078 Fort Weaver Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 91-2078 Fort Weaver Road

Taxable ValueLand$732,700Additions$231,500Total$964,200
Tax Record2023$6,683 ($557 / month)
Home Facts
Baths2Total Finished SqFt2,292 SqFtAbove Grade Finished SqFt2,292 SqFtStories1Lot Size8,088 SqFtStyleService StationYear Built1943ZoningR-5 RESIDENTICountyHONOLULUAPN1-9-1-021-006

Schools near 91-2078 Fort Weaver Road

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Ewa Elementary School
Public - PK to 5
Ewa Makai Middle School
Public - 6 to 8
James Campbell High School
Public - 9 to 12
Hawaii Technology Academy
Charter - K to 12
Rating
School
Distance
Ewa Elementary School
PublicPK to 5

Ewa Makai Middle School
Public6 to 8

James Campbell High School
Public9 to 12

Hawaii Technology Academy
CharterK 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near East Kapolei

Neighborhoods

Cities

ZIPs

More information about 91-2078 Fort Weaver Road, Ewa Beach, HI 96706

91-2078 Fort Weaver Road is a multi-family home for sale in Ewa Beach, HI 96706. This property was listed for sale on August 28, 2024 by Ivy K Realty, LLC, it's currently listed at $1,800,000. This listing's school district is Hawaii Department Of Education. Nearby schools include Ewa Elementary School, Ewa Makai Middle School and James Campbell High School. 91-2078 Fort Weaver Road is a 8-bed, 0-bath, multi-family home built in 1943.

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 Ivy K Realty, LLC, Marc T Kumai, License #RB-18403