745 Makaleka Avenue $2,800,000

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    745 Makaleka Avenue Honolulu, HI 96816

    In Escrow Showing
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    • 0 Beds
    • 0 Baths
    • 4,514 sq. ft.
    • Multi-Family
    • MLS# 202209008
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    Views: 1 Days On Site: 13

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    Property Details

    First time on the market. Well-maintained 8 unit all-concrete building with excellent unit mix & (6) 2-bedroom and (2) 1-bedroom units. 9 total parking stalls available. 7 on-site parking stalls (one stall is tandem) + 2 stalls leased directly across Makaleka Street for $60/mo each. There is also the ability to rent additional stalls across the street if desired, and plenty of street parking. All units have lanais and most have washing machines. This building has copper gutters, separate electrical meters, and a rare yard in the back. Over $200,000 in capital improvements over the past 5 years. Sizeable land area provides development options under Bill 7. Very close to stores and restaurants on Kapahulu Ave. 3 units are vacant and easy to show. Proforma NOI should be closer to $125,600.

    • General Features
      • Bathrooms 0
      • Land Tenure FS - Fee Simple
      • Number Of Units Total 8
      • SQFT Building 4,514
      • Sqft Total 4,514
      • Subdivision KAPAHULU
      • View None
      • Year Built 1962
    • Building Features
      • Construction Materials Concrete
      • Amenities None
      • Stories Type Two
      • Property Condition Above Average
    • Property Features
      • Lot Size Area 6,068
      • Topography Level
      • Lot Features Other
      • Property Frontage Other
      • Parking Total 7
      • Parking Features Assigned, Open, Tandem
      • Utilities Cable, Overhead Electricity, Public Water
      • Sewer Connected

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    Neighborhood

    96816 (Honolulu) Demographics

    46 Median Age
    4,691 Population Density (per sq. mile)
    54% College Educated
    $90,788 Estimated Median Income
    10,537 Estimated Total Home Owners
    6,688 Estimated Total Renters
    61% / 39% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    49,834 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,095,000 Median Sales Price
    22 Homes Sold
    24 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,800,000
        5/16/2022 5:58:05 PM Status Changed Source: Multiple Listing Service New Value: In Escrow Showing
        5/10/2022 4:58:00 PM New in Database Source: Multiple Listing Service New Value: $2,800,000

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        Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. listings last updated on 5/23/2022 3:59:37 AM. All information is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's personal, non-commercial use to identify prospective properties consumers may be interested in purchasing. Copyright: 2022 by HiCentral MLS, Ltd.
        Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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        Cheryl Dillon, RB-18551, James W. Wright, RB-16206, 1-808-735-7888