1120 Pua Lane
Honolulu, HI 96817
- – beds
- – baths
- – sqft
- 1991 build
- – on site
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CASH COW. Rare Leasehold asset with excellent income and irresistible pricing. Built in 1991, this income GEM is well maintained and rented by the room. Resident manager on site and make sure the property sparkles. Better that 1:1 parking. Currently rented BY THE ROOM (39 rooms) with shared kitchen and bathroom = 7 five bed/1 ba + 2 three bed, one ba. Can convert to 9 separate rentals to lessen management and overhead (electric and water included, 10 electric meters, 1 water meter), plus Bonus electric charging station for EV)! Lender has verified a $270,000 loan based on “known” rental period to 2027. Lease ends in 2037.
Last checked:
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Last updated Jan 1, 2025
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MLS# 202403891 —
The Building
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Year Built:1991
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Construction Materials:WoodFrame
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Structure Type:Apartment
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Levels:ThreeOrMore
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Security Features:FireSprinklerSystem
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Building Area Total:7170.0
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Number Of Units Total:9
Interior
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Laundry Features:CoinOperated
The Property
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Property Type:Residential
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Property Sub Type:MultiFamily
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Property Condition:AverageCondition
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Lot Size Area:11500.0
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Lot Features:Cleared,InteriorLot,Level
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Zoning Description:12 - A-2 Medium Density Apartme
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Parcel Number:1-1-7-031-005-0000
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Topography:Level
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View:None,Other
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View:false
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Frontage Type:Other
Listing Agent
- Contact info:
- Agent phone:
- (808) 294-0008
- Office phone:
- (808) 955-6672
Taxes
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Tax Annual Amount:9600.0
Utilities
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Utilities:AboveGroundUtilities,CableAvailable,ElectricityAvailable,SewerAvailable,WaterAvailable,SewerConnected
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Sewer:Connected
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Water Source:Public
Schools
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Elementary School:Likelike
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Middle Or Junior School:Keelikolani
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High School:Mckinley
The Community
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Subdivision Name:PALAMA
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Community Features:None
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Association Amenities:Management
Parking
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Parking Total:18.0
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Parking Features:Assigned,Open
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Open Parking:true
Walk Score®
Provided by WalkScore® Inc.
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®
Provided by WalkScore® Inc.
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®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/9/24
May 9, 2024
|
Sold | HI_CENTRAL_MLS | $650,000 |
