331 & 333 Hobron Lane
Honolulu, HI 96815
- – beds
- – baths
- 10,000 sqft
- 6,500 sqft lot
- $270 per sqft
- 1949 build
- – on site
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.
Listing courtesy of HI_CENTRAL_MLS / Standard Management LLC
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Last updated Apr 18, 2024
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MLS# 202408267 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
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Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/15/24
Apr 15, 2024
|
Listed / Active | HI_CENTRAL_MLS | $2,700,000 | |
6/25/20
Jun 25, 2020
|
Relisted | HI_CENTRAL_MLS | ||
6/24/20
Jun 24, 2020
|
Pending | HI_CENTRAL_MLS |