FIRST TIME ON MARKET! ****$2,000,000 PRICE REDUCTION!***** Trophy 3- story concrete apartment building (24,288 sf) in Salt Lake next to Hoa Aloha Neighborhood Park. 30 units (all 2 bedrooms) on 30,375 sf of A-2 zoned land (150" height limit) and one manager's office. 28 units are 2 beds, 1 bath (768sf) while 2 corner units are larger, 2 bed, 2 bath (1,184 sf) with private lanais and washer/dryer. 38+ parking stalls. 100% occupied. Rents under market and opportunities exist for additional income streams, i.e. utility recapture/pet fees/etc. Concrete spalls repairs completed. Exterior painting in progress and to be completed by 3/01/2024. Coin operated laundry facility on site.
Closed
$9,999,999
3206 Ala Ilima St Unit 30, Honolulu, HI 96818
--beds
0baths
8,096sqft
Multi Family
Built in 1973
-- sqft lot
$3,266,500 Zestimate®
$1,235/sqft
$1,906 Estimated rent
Home value
$3,266,500
$2.55M - $4.18M
$1,906/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Nancy T Morton 808-393-4621,
CBI Residential Advisory Svcs.
Bought with:
NON MLS
Non-MLS
Source: HiCentral MLS,MLS#: 202403475
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Appliances
- Included: Dryer, Washer
- Laundry: Coin-operated, In Unit
Interior area
- Total structure area: 8,096
- Total interior livable area: 8,096 sqft
Property
Parking
- Total spaces: 38
- Parking features: Assigned
Features
- Levels: Three Or More
- Has view: Yes
- View description: City, Garden
Lot
- Features: Cleared, Level
- Topography: Level
Details
- Parcel number: 1110590180000
- Zoning description: 12 - A-2 Medium Density Apartme
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Double Wall, Masonry, Concrete, Stucco
Condition
- Good Condition
- Year built: 1973
Utilities & green energy
- Sewer: Connected
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Underground Utilities, Water Available, Sewer Connected
Community & HOA
Community
- Features: None
- Subdivision: Salt Lake
Location
- Region: Honolulu
Financial & listing details
- Price per square foot: $1,235/sqft
- Annual tax amount: $19,584
- Date on market: 2/12/2024
- Total actual rent: 46625
- Tenant pays: Air Conditioning, Cable TV, Electricity, Parking Fee
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2024 | Sold | $9,999,999-9.1%$1,235/sqft |
Source:  HiCentral MLS #202403475 Report a problem | ||
| 6/29/2024 | Contingent | $11,000,000$1,359/sqft |
Source: HiCentral MLS #202403475 Report a problem | ||
| 3/27/2024 | Price change | $11,000,000-8.3%$1,359/sqft |
Source: HiCentral MLS #202403475 Report a problem | ||
| 3/1/2024 | Price change | $12,000,000-7.7%$1,482/sqft |
Source: HiCentral MLS #202403475 Report a problem | ||
| 2/13/2024 | Listed for sale | $13,000,000$1,606/sqft |
Source: HiCentral MLS #202403475 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Salt Lake
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Nearby schools
GreatSchools rating
- 9/10Salt Lake Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 8/10Moanalua Middle SchoolGrades: 7-8Distance: 1.2 mi
- 9/10Moanalua High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Salt Lake
- Middle: Moanalua
- High: Moanalua
Source: HiCentral MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$3,266,500
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- Hawaii
- Honolulu County
- Honolulu
- 96818
- Salt Lake
- 3206 Ala Ilima St Unit 30
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