331 & 333 Hobron Lane
- $2,700,000
- 6,500 sq ft land
- 0.15 ac
- Est. Mortgage Payment {{monthlyPayment | currency:"$":0}}
- Leasehold
- Active
- Built 1949
- Days on Market 29
Actions for 331 & 333 Hobron Lane
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.
Property details for 331 & 333 Hobron Lane
- MLS # 202408267
- Property Type Multi-Family
- Lot Size (Ft) 6,500
- Year Built 1949
- Flood Zone Zone AE
- Elementary Schools Lunalilo
- High Schools Kaimuki
- Topography Level
- Year Remodeled 1990
- Building Type Apartments,Multi Dwellings
- Property Condition Excellent,Above Average
- Stories Type 4-7
- Furnished Partial
- Property Condition Inside
- Roofing Custom/Specialty
- Parking Spots 18
- Sewer Connected
- Possession At Closing,Subject To Tenancy
- Listing Brokerage Standard Management LLC
- Type Of Dwelling Multi-Family
- Amenities A/C, Secured Lobby
- View Specify Sunset
- County Data Click Here
Taxes for 331 & 333 Hobron Lane
- Tax Id 1260120460000
- Gross Taxes $1,109
- Taxes For Tax Year 2023
Mortgage Calculator for 331 & 333 Hobron Lane
Listing Price
$2,700,000Est. Monthly Payment*
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