3206 Ala Ilima St #30, Honolulu, HI 96818
FOR SALE0.7 ACRES

3206 Ala Ilima St #30
Honolulu, HI 96818

Salt Lake
  • Studio
  • 8,096 sqft (on 0.70 acres)
  • Studio
  • 8,096 sqft (on 0.70 acres)

$11,000,000

Original price: $12,000,000
Est. Mortgage $61,097/mo*
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Local Information

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Description

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.

Home Highlights

Parking
38 Parking Spaces
Outdoor
No Info
A/C
Contact Manager
HOA
No HOA Fee
Price/Sqft
$1,359
Listed
74 days ago

Home Details for 3206 Ala Ilima St #30

Active Status

MLS Status: Active

Interior Features

Appliances & Utilities
Utilities: Cable Connected, Natural Gas Connected, Internet, Phone Connected, Water Connected, Sewer Connected, Individual MeterAppliances: Dryer, WasherDryerLaundry: Coin,IndividualWasher
Gas & Electric
Electric: Underground, MeterHas Electric on Property
Levels, Entrance, & Accessibility
Number of Stories: 3Levels: Three
View
Has a ViewView: City, Garden

Exterior Features

Exterior Home Features
Roof: Pitch Gravel
Parking & Garage
No CarportParking Spaces: 38Parking: Assigned,Other Parking (None)
Water & Sewer
Sewer: Sewer Fee
Surface & Elevation
Topography: Level

Days on Market

Days on Market: 74

Property Information

Year Built
Year Built: 1973
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: ApartmentsArchitecture: Apartments
Building
Construction Materials: Concrete, Double Wall, Masonry/Stucco
Property Information
Condition: Above AverageParcel Number: 1110590180000

Price & Status

Price
List Price: $11,000,000Price Per Sqft: $1,359
Status Change & Dates
Possession Timing: At Closing, Subject To Tenant Rights

Location

Direction & Address
City: HonoluluCommunity: Salt Lake
School Information
Elementary School: Salt LakeJr High / Middle School: MoanaluaHigh School: Moanalua

Agent Information

Listing Agent
Listing ID: 202403475

Building

Building Area
Building Area: 8096 Square Feet

Lot Information

Lot Area: 0.70 acres

Listing Info

Special Conditions: Land Tenure: FS - Fee Simple

Offer

Listing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 2Buyer 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

Expense
Tenant Pays: AC, Cable TV, Electricity, Parking Fee

Rental

Partially Furnished

Miscellaneous

Mls Number: 202403475
Listing courtesy of Nancy T Morton, (808) 393-4621
CBI Residential Advisory Svcs.
Source: HiCentral MLS, MLS#202403475

Price History for 3206 Ala Ilima St #30

DatePriceEventSource
03/27/2024$11,000,000PriceChange
HiCentral MLS #202403475
03/01/2024$12,000,000PriceChange
HiCentral MLS #202403475
02/13/2024$13,000,000Listed For SaleHiCentral MLS #202403475

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What Locals Say about Salt Lake

  • Trulia User
    "Trick or treating for kids and adults usually happen in this neighborhood. The the neighbors are not that loud if they have parties at their houses."
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  • Roxan B.
    "The dogs should have an enclosed dog park.Maybe put the plastic bag dispenser’s with plastic bags in the area for dog owners to use if they forget to carry a clean up bag."
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  • Syed H. S.
    "Very quite place and professional people lives. Good and decent neighborhood. Neat, clean and beautiful houses "
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  • Roxan B.
    "Work: It was 9 minutes to get to work. Much better than living on the West side fighting H-1 rush hour traffic. I don’t do community events anymore. "
    1
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  • Vincent L.
    "Quiet. Location is close to everything. It is close to the airport, commissary, schools and malls. I’ve been living in this neighborhood for the last 5 years. "
    1
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  • Samantha S.
    "School’s nearby, public transit access is right on, people are awesome, everything’s jus been great."
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  • Blake L.
    "We Live in 5 Regents and have no complaints . Except we have separate studios and would like to get One unit in Salt Lake. Frequently see people after dark walking dogs without worry."
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  • Onalani.mann
    "Quick access to freeways both to go to town and to go west bound. No traffic heading west bound in the morning and no traffic heading back home during rush hour"
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  • Barney C.
    "Centrally located to every area, downtown, Waikiki, Airport, Aloha Stadium, Pearl Harbor, H3, Likelike, & H1"
    21
    Flag
  • Kekaimaie
    "I use to live here when I was young love it and love to go back now I'm older and on my own had a blast back in the days good memories coming back now"
    0
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  • Otykiep
    "this is a nice place to live. it can be hard to find parking if you have more than one car. they are quick to ticket or tow your car. the apartments are comfortable and nice. "
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LGBTQ Local Legal Protections

Nancy T Morton, 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.
3206 Ala Ilima St #30, Honolulu, HI 96818 is a studio, 8,096 sqft multi-family built in 1973. 3206 Ala Ilima St #30 is located in Salt Lake, Honolulu. This property is currently available for sale and was listed by HiCentral MLS on Feb 13, 2024. The MLS # for this home is MLS# 202403475.