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Honolulu, HI 96815,331 & 333 Hobron Lane
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Honolulu, HI 96815,331 & 333 Hobron Lane
Honolulu, HI 96815,331 & 333 Hobron Lane
Honolulu, HI 96815,331 & 333 Hobron Lane
Honolulu, HI 96815,331 & 333 Hobron Lane
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Anthony Cox

Anthony Cox

+1(808) 699-4202
$ 2,700,000
Est. payment /mo
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331 & 333 Hobron Lane Honolulu, HI 96815

10,000 SqFt

UPDATED:

Key Details

Property Type Other Types

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $270

MLS Listing ID 202408267

Year Built 1949

Lot Size 6,500 Sqft

Acres 6500.0

Property Sub-Type Multi-Family

Property Description

INCREDIBLE CASHFLOW OPPORTUNITY IN WAIKIKI priced at only $150,000 per unit. 18 solid concrete renovated units with 18 parking stalls on a total of 12,914 SF of land in world-famous Waikiki. The property has no trouble staying rented, and Waikiki typically has higher rent appreciation than other neighborhoods due to the year-round global demand. This property is leasehold with 40 years remaining on the ground lease and 15 years of known rent, making it financeable and eligible for a 1031 exchange. Ideal for a buyer looking to achieve a great return on their money for at least the next 40 years. Separately metered for electricity and tenants are billed back for water.

Location

State HI

County Honolulu

Area Metro

Zoning Zone AE

Interior

Heating Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Water

Inclusions A/C, Secured Lobby

Furnishings Partial

Exterior

Parking Features Assigned

Garage Spaces 18.0

Utilities Available Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Water

Amenities Available A/C, Secured Lobby

View Sunset

Total Parking Spaces 18

Building

Lot Description Clear

Story 4-7

Sewer Connected

Schools

Elementary Schools Lunalilo

Middle Schools Washington

High Schools Kaimuki

Others

Ownership LH - Leasehold

Honolulu Board of REALTORS® - HiCentralMLS
Listed by Standard Management LLC

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agent
Anthony Cox

Realtor Associate | License ID: RS-83404

+1(808) 699-4202 | anthony@oceantomountainhomes.com

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331 & 333 Hobron Lane