2005 Stanley Street
Honolulu, HI 96819
- 8 beds
- 4 baths
- 3,958 sqft
- 5,108 sqft lot
- $252 per sqft
- 1935 build
- – on site
This property offers an exceptional opportunity for investors, priced to move quickly for cash buyers looking to capitalize on its unique features and income-generating potential. Priced well below the tax assessed value of $1.424m. With six units and a spacious additional basement unit with four bedrooms and one bath, the possibilities are expansive, especially since the actual bedroom and bathroom count exceeds what is listed on tax records. Located in a highly convenient area and zoned for industrial/commercial use, this property opens doors to various income streams. The expansive parking area accommodates up to seven vehicles, making it ideal for tenants or business operations. Showings are available with sufficient notice, and proof of cash funds is required for all showings. This versatile property is ready for investors eager to transform it into a highly profitable venture. No open houses.
Last checked:
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Last updated Nov 4, 2024
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MLS# 202424124 —
The Building
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Year Built:1935
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New Construction:No
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Construction Materials:Concrete
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Architectural Style:Detach Single Family, Duplex, Multiple Dwellings
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Stories:Two, Split Level
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Roof:Other
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SqFt Total:3,958 Sqft
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Roofed Living Space Sq.Ft.:3,958 Sqft
Interior
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Furnished:None
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Flooring:Other
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Inclusions:None
Financial & Terms
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Financing:Cash
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Land Tenure:FS - Fee Simple
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Possession:Seller Lease Back
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Foreclosure:No
Location
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Location:Other
The Property
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Parcel Number:1-1-2-011-017-0000
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Property Type:Single Family
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Property Subtype:Single Family
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Property Condition:Fair, Needs Major Repair
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Lot Size Area:5,108 Sqft
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Lot Features:Clear
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View:None
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Topography:Gentle Slope, Level
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Zoning:46 - IMX-1 Industrial-Commercia
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Flood Zone:Zone X
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Set Backs:Of Record
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Easements:None
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Road Frontage:Paved Rd
Listing Agent
- Contact info:
- Agent phone:
- (808) 725-2794
- Office phone:
- (808) 725-2794
Taxes
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Tax Year:2024
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Tax Amount:$368.90
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Tax Assessed Value:$1,424,800
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Tax Assessed Value Land:$1,255,000
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Tax Assessed Value Improvements:$169,800
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Tax Annual Amount:4426.80
Beds
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Total Bedrooms:8
Baths
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Total Baths:4
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Full Baths:4
The Listing
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Listing Conditions:Lien Release
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Land Recorded:Land Court
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Disclosures:Pets Allowed (Verify), Property Disclosure Stmt
Utilities
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Utilities:Cable, Internet, Public Water, Telephone, Water
The Community
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Amenities:Bedroom on 1st Floor
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Neighbourhood:KAPALAMA
Parking
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Parking Total:4
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Parking Features:3 Car+, Driveway
Monthly cost estimate
Asking price
$999,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,349
|
| Taxes | $30 |
| Insurance | $274 |
| Utilities | $635 See report |
| Total | $6,288/mo.* |
| *This is an estimate |
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).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/1/24
Nov 1, 2024
|
Listed / Active | HI_CENTRAL_MLS | $999,000 |
49% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $50k above asking price on average, but some went as high as $155k over asking price.
