| heck out this incredible apartment zoned corner lot situated right on the outskirts of Waikiki. Centrally located close to Ala Moana Center, McCully Shopping Center, and UH Manoa, with easy access to major roads and freeways. Currently offers two well-maintained dwellings that have undergone recent updates. Building one is a 3 bedroom 2 bath, had its water heater replaced in 2023, and offers a homey feel. Building two consists of one 2 bedroom 1 bath, and two studios with roofing replaced this year (2023). Additionally, the bathrooms and kitchens have received upgrades. Each building has its own electric meter and one water meter for the whole property. This property presents the perfect opportunity for redevelopment with Honolulu's Bill 7. | What will it cost to own? |
| MLS | Public |  | Single Family Single Family | Contemporary | Property Type Sub Type | 721 Paani St | 721 Paani St |  | Honolulu HI 96826 | Honolulu Hawaii 96826 | | Metro Moiliili | Mccully | | Ala Wai | Ala Wai Elem |  | Washington | Washington Int | | Kaimuki | Kaimuki High | | | Kaimuki-McKinley-Roosevelt | Complex | | Public Schools | Rank | | Private School | Guide | na | na | Builder | MLS 202311496 | TMK 1-2-7-5-3 | Property ID | 5 | 5 | Bedrooms | 5 | 4 | Full Baths | 0 | 0 | Half Baths | 5 | 4 | Total baths | 0 | | Rooms | 4 | na | Parking | 1,813 | 1,813 | Interior sf | 0 | | Lanai sf | | | Other roofed sf | 1,883 | | Total sf | 544 | | Gar/Cpt sf | 4,914 | 4,914 | Land sf | $1,690,000 5/25/2023 | | Original list | Active 786 DOM | | Status |
$1,690,000
| | List price | Fee Simple | Fee Simple | Tenure | No | | Fractional | 1938 | 1938 | Year built | 2017 Partial | | Remodeled | $ 0 $ 0 $ 0 $ 0 Includes: | | AOAO fee AOAO other Maint fee AOAO total fees | None | | View | Level | | Topography | Clear | | Land Features | Land Court | | Recorded | A-2 Medium Density Apartme | A-2 | Zoning | Zone - AO | | Flood | Corner | | Location | Of Record | | Setbacks | None | | Easements | Average | | Condition | Ceramic Tile Laminate | | Flooring | Asphalt Shingle | | Roof | Dryer Refrigerator Washer WTRHTR | | Inclusions | na | | Exclusions | None | | Pool | na | | Security | None | | Amenities | na | | Frontage | Multiple Dwellings | Contemporary Stories Units | Architecture | na | | Model | Paved Rd | | Road | Cable Connected Internet Overhead Electricity Public Water | | Utilities | Wood Frame | | Materials | One Two | | StoriesType | 1031 Exchange Licensed Owner Relative of Licensee | | Disclosures | 0 | 0 | Public Report | 3 Car+ | | Parking | na | | AOAO Name | na | | AOAO Ph | na | | Management Co Name | na | | Management Co Ph | na | | Buyer Financing | | Territorial Savings Bank Fsb | 1st Mortgagor | | 700,000 | 1st Mortgage | | na | 2nd Mortgagor | | na | 2nd Mortgage | na/na | | Foreclosure/Case# | 2022 | 2020 | Property tax year | $ 1,184,500 | $ 1,184,500 | Land assessed | $ 150,600 | $ 155,400 | Building assessed | $ 0 | $ 0 | Home owner exemption | $ 1,335,100 | $ 1,339,900 | Total assessed RPAD | $ 389 | $ 391 | Tax per month rates | 7,000 | | Total rent | | | Building Permits | Subject to Rental Lease | | Possession | None | | Special | Cash Conventional | | Financing | None | | Furnished | No | | New development | | Monthly | Cost to own estimate: | | $ 389 | Real Property Tax | | $ 0 | Association Fee | | $ 0 | Lease Rent | | $ 389 | Cost to own (ex Mortgage, Ins & Elec) | 5/26/2023 | | Active | na | | Price change | na | | Continue to show | na | | Pending | na | | Temp withdrawn | na | | Back on market | na | | Withdrawn | na | | Off market | 5/26/2023 | | Status change | na | | Advertise | na | | Auction | eXp Realty | Listing Brokerage Firm | 5/26/2023 | | Photos uploaded | na | | Supplement Mod |
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Robin Charles Glass (R), MBA, eng.
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