FOR SALE
808 Makaleka Ave
Honolulu, HI 96816
Kapahulu
Studio
- Studio
Studio
Local Information
© Google
-- mins to
Commute Destination
Description
$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.)
Home Highlights
Parking
3 Parking Spaces
Outdoor
No Info
A/C
Contact Manager
HOA
No HOA Fee
Price/Sqft
No Info
Listed
110 days ago
Home Details for 808 Makaleka Ave
Active Status |
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MLS Status: Active |
Interior Features |
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Appliances & Utilities Utilities: Cable Connected, Water Connected, Sewer ConnectedAppliances: WasherLaundry: CoinWasher |
Gas & Electric Electric: Overhead Electricity, MeterHas Electric on Property |
Levels, Entrance, & Accessibility Number of Stories: 2Levels: Two |
View Has a ViewView: City |
Exterior Features |
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Exterior Home Features Roof: Asphalt |
Parking & Garage No CarportParking Spaces: 3Parking: Tandem,Other Parking (None) |
Surface & Elevation Topography: Level |
Days on Market |
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Days on Market: 110 |
Property Information |
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Year Built Year Built: 1941 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: ApartmentsArchitecture: Apartments |
Building Construction Materials: Hollow Tile |
Property Information Condition: AverageParcel Number: 1270320150000 |
Price & Status |
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Price List Price: $1,399,000 |
Status Change & Dates Possession Timing: At Closing |
Location |
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Direction & Address City: HonoluluCommunity: Kapahulu |
Agent Information |
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Listing Agent Listing ID: 202400524 |
Lot Information |
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Lot Area: 3000 sqft |
Listing Info |
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Special Conditions: Land Tenure: FS - Fee Simple |
Offer |
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Listing Terms: Cash, Conventional |
Compensation |
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Buyer Agency Commission: 2.5Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Expense Tenant Pays: Cable TV, Electricity |
Miscellaneous |
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Mls Number: 202400524 |
Listing courtesy of Alan J Christopher, (808) 942-7100
CBI Residential Advisory Svcs.
Source: HiCentral MLS, MLS#202400524
Price History for 808 Makaleka Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 02/13/2024 | $1,399,000 | PriceChange | HiCentral MLS #202400524 |
| 01/09/2024 | $1,449,000 | Listed For Sale | HiCentral MLS #202400524 |
| 11/07/2022 | $1,599,000 | ListingRemoved | HiCentral MLS #202208838 |
| 10/03/2022 | $1,599,000 | Listed For Sale | HiCentral MLS #202208838 |
| 09/15/2022 | $1,495,000 | ListingRemoved | HiCentral MLS #202208838 |
| 05/10/2022 | $1,495,000 | Listed For Sale | HiCentral MLS #202208838 |
| 04/11/2022 | ListingRemoved | HiCentral MLS | |
| 08/09/2021 | $1,350,000 | PriceChange | HiCentral MLS #202107337 |
| 06/01/2021 | $1,375,000 | PriceChange | HiCentral MLS #202107337 |
| 05/05/2021 | $1,388,000 | Listed For Sale | HiCentral MLS #202107337 |
| 03/24/2021 | ListingRemoved | HiCentral MLS | |
| 10/28/2020 | $1,399,000 | PriceChange | Agent Provided |
| 09/30/2020 | $1,450,000 | PriceChange | Agent Provided |
| 08/25/2020 | $1,500,000 | Listed For Sale | Agent Provided |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | |
| Assessment | $1,006,500 |
Home facts updated by county records
Comparable Sales for 808 Makaleka Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.28 | Multi-Family Home | $2,300,000 | 03/25/24 | - | 3,410 | ||
0.34 | Multi-Family Home | $1,900,000 | 03/12/24 | - | 3,584 | ||
0.38 | Multi-Family Home | $2,400,000 | 10/27/23 | - | 3,013 | ||
0.50 | Multi-Family Home | $1,400,000 | 10/20/23 | - | 3,840 | ||
0.52 | Multi-Family Home | $1,700,000 | 10/20/23 | - | 3,968 | ||
0.66 | Multi-Family Home | $1,675,000 | 09/18/23 | - | 2,508 | ||
0.63 | Multi-Family Home | $4,500,000 | 06/01/23 | - | 7,300 | ||
0.43 | Multi-Family Home | $2,425,000 | 07/11/23 | - | 4,857 | ||
0.78 | Multi-Family Home | $1,875,000 | 06/30/23 | - | 4,180 | ||
0.68 | Multi-Family Home | $3,415,000 | 04/01/24 | - | 7,920 |
What Locals Say about Kapahulu
- Trulia User
- Prev. Resident
- 10mo ago
"Manoa is cozy, family-oriented, alive with the laughter and sounds of children at school or in the park, university students having fun with colleagues, and rich in native Hawaiian history."
- Trulia User
- Visitor
- 11mo ago
"older neighborhood lots of hills and older homes retiree white collar workers and lots of children in the area"
- Trulia User
- Resident
- 1y ago
"Lots of parks and everything is conveniently close to walk to! Many great things to do as a family right around the corner from your home!"
- Trulia User
- Resident
- 1y ago
"Great community. Aloha spirit is alive and practiced here. Quiet place and close to many stores, restaurants and beaches"
- Trulia User
- Resident
- 2y ago
"It’s the last affordable district that still has those neighborhood vibes Hawaii used to be known for. Conveniently located and the weather is always beautiful "
- Trulia User
- Resident
- 2y ago
"Very dog friendly area. Not too much so that every property you walk past has a dog barking at u behind the fence line , but members of my community can be seen walking their furry friends every day , all day. Big dogs, little dogs, shy dogs, cute dogs. However, due to the lack of grass on the sidewalks, owners aren’t given the opportunity to “neglect” cleaning up after the animals. So no smelly ‘land mines’ to be concerned with. On my street , we are almost all pet friendly apartments. Yes, i did just say apartments and pet friendly in the same sentence. So if you’re not into animals , reconsider Herbert street. Not suitable for you "
- Trulia User
- Prev. Resident
- 2y ago
"Mānoa is very conveniently located, and most anything you need is no more than 15-20 minutes away. (add another 10-15 minutes during rush hour.)"
- Trulia User
- Prev. Resident
- 2y ago
"Hectic traffic at certain times. Definitely need to be mindful of school schedules, holidays, and events happening around the community. Plan your route ahead of time and get to know alternate routes as well as back road options. Be sure of where you’re heading before u get on the road otherwise you’re just contributing to the problem. Abide by rules of the road and posted signs. "
- Trulia User
- Visitor
- 2y ago
"This is a great place to live. Very safe and lots of families. Check out poke at Fort Rugers if you get the chance "
- Erica F.
- Resident
- 3y ago
"A lot of people with dogs taking them on walks in the morning and early evening . Always very friendly "
- Tammy M.
- Resident
- 4y ago
"Diamond head view and parks nearby! Down road from beach! Close to Waikiki and grocery stores! Community college down road! "
- Angel Ramos
- Resident
- 4y ago
"Friendly and quiet neighbor hood. Community is well kept, lawns mowed, neighbors use aloha every day. Trash deposited correctly. "
- Leigh A. D.
- Resident
- 5y ago
"Farmers Market on Saturday; all kinds of event in the park by Waikiki. walking distance to Waikiki pier and events at the zoo. you can find different events my looking online to Hawaii parks - Oahu as there are some many things to do is this area. "
- Matt C.
- Resident
- 5y ago
"Pretty safe neighborhoods. Mall and Beach are close by. Schools are great. Waikiki is close too"
- Nel
- Resident
- 5y ago
"Very convenient community, close to bus stop, grocery store, mall ,beach . Love this place, would recommend people to live here "
- Dede H.
- Resident
- 5y ago
"Section of DH near Kapiolani Park is very walkable, close to major attractions, and has magnuficent, older homes."
- Liane A.
- Resident
- 5y ago
"Exceptional! Everything is convenient. Perfect........ This area is excellent. I know all my neighbors. My father was raised here as well myself. "
- Ayuk
- Resident
- 5y ago
"I see people walking dogs and that's fine when owners taking care of them but always the same one barking and running around inside the house and making loud noise unnecessarily."
- Sufyan678
- Resident
- 6y ago
"everything is near , great location near waikiki diamond head UH and the neighbourhood is very friendly "
- swami242
- 11y ago
"Close to Waikiki , shopping, buses and school. Low maintenance fee and pet friendly !!!! "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Alan J Christopher, CBI Residential Advisory Svcs.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2024-01-26 09:46:49 PST. Information is deemed reliable but not guaranteed.
Copyright 2024 HiCentral MLS, Ltd
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.