808 Makaleka Ave

MLS® 202400524 (Hawaii Real Estate) is located at 808 Makaleka Ave Honolulu HI 96816 in KAPAHULU . The current listing status is Active. This 0 bed and 0 bath Home was built in 1941 and features 0 finished sq.ft with a lot size of 0.07 acres. This property is currently listed for an *asking* price of $1,399,000 (FS - Fee Simple) - please call for an explanation of fee simple vs leasehold. Buying Real Estate in Hawaii is very different from the mainland. We can help. 808-298-2030 Click Here to read customer Reviews from people who have worked with this agent.

$71,914/yr CURRENT NOI. 4.96% CAP, self managed. $86,314 PROFORMA NOI. 5.96% CAP, self managed. Extremely desirable location, 1 block of Kapahulu (directly behind Safeway). 100% Occupied. Long term tenants (4 of 6 are over 10 years) and all M-T-M. Low property tax. NOT in a flood zone. 3 tandem parking stalls with plenty of quiet street parking. 1 water meter, 4 electric meters: owner pays for units E (studio), F, and Laundry. 1031X contingent (however, Seller has identified replacement properties.)