331 & 333 Hobron Ln

MLS® 202408267 (Hawaii Real Estate) is located at 331 & 333 Hobron Ln Honolulu HI 96815 in WAIKIKI . The current listing status is Active. This 0 bed and 0 bath Home was built in 1949 and features 10000 finished sq.ft with a lot size of 0.15 acres. This property is currently listed for an *asking* price of $2,700,000 (LH - Leasehold) - 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.

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.