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Soldier to Soldier Hawaii

1662 Lewalani Drive, Honolulu, HI 96822 (MLS # 202311027)

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PRICE $4,150,000 dsIDX morgage calculator
BEDS 24
BATHS 0
HOME SIZE 7,524 sqft
LOT SIZE 8,712 sqft

100% leased 12-unit apartment building in a well-located part of Makiki. Excellent stabilized cash flow opportunity which is turnkey for an investor. The property underwent a major renovation in 2020 including new quartz countertops, cabinets, vanities, lights, ceiling fans, LVT flooring, interior paint, tiled showers*, stainless steel microwaves and gas ranges/ovens, washer dryers, and low flow water fixtures. In addition, the driveway and parking lot was repaved with new asphalt and concrete in some areas, as well as updated landscaping to the property. Roof re-coated and resealed in 2022! INVESTMENT HIGHLIGHTS - Renovated units with luxury finishes - Excellent unit mix - CMU construction - Large Units - Electricity & Gas are separately metered - All units have their own washer/dryer - 10 on-site parking spaces - In-place 4.9% CAP rate

DAYS ON MARKET 187 LAST UPDATED 4/24/2024
TRACT MAKIKI YEAR BUILT 1966
COMMUNITY Metro COUNTY Oahu
STATUS Sold PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Lincoln
Jr. High School Stevenson
High School Roosevelt


ADDITIONAL DETAILS
APPLIANCES Dryer, Washer
AREA Metro
LOT 8712 sq ft
LOT DESCRIPTION Cleared, Level
STORIES 3
SUBDIVISION MAKIKI
TAXES 8932.32
UTILITIES Cable Available, Natural Gas Available, Sewer Connected
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TOTAL MONTHLY PAYMENT

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Listed with Standard Management LLC
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 1/10/25 8:40 AM PST.
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.

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