1420 Ward Avenue Honolulu, HI 96822
Listing Courtesy of: HiCentral MLS / Standard Management LLC - Contact:  (808) 208-8107

  1420 Ward Avenue Honolulu, HI 96822

Active (16 Days)
$2,500,000
4,386
SQFT
See Similar Listings

Description

Prime investment opportunity - proforma 5.6% cap rate! This predominantly concrete 9-unit multifamily property is excellently located on Ward Ave. in the heart of Punchbowl. Unbeatable convenience with immediate access to H1 in both directions and a short distance to the vibrant dining and shopping hubs of Kakaako and Ala Moana Shopping Center. Downtown Honolulu is just 1.5 miles away. This property has under-market rents and month-to-month tenants, offering significant upside potential. Units are in classic condition, allowing a new owner to complete a value-add campaign and boost returns even further. The property includes a spacious, fenced grassy area in the back and an area for a community garden between the buildings. Individually metered for electricity and eligible for Bill 7 development.

Please do not go on the property without the listing agent. Sale is subject to 1031 exchange.

MLS #:
202421951
Taxes
$412(2024)
Lot Size
5,515 SQFT
Type
Multifamily
Year Built
1957
Views
Coastline
County
Honolulu County
Community
Punchbowl-Lower

Listed By

Michael M Okamoto, Standard Management LLC, Contact: (808) 208-8107
Source
HiCentral MLS
Last checked Oct 16 2024 at 5:30 AM HST
Bathroom Details
Lot Information
  • Other
  • Gentle Slope
Exterior Features
  • Roof: Asphalt Shingle
  • Roof: Other
Utility Information
  • Utilities: Overhead Electricity, Sewer Fee, Water
  • Sewer: Connected
School Information
  • Elementary School: Royal
  • Middle School: Stevenson
  • High School: Roosevelt
Parking
  • Assigned
  • Covered
Stories
  • 3
Land Tenure
  • FS - Fee Simple
Additional Information: Standard Management LLC | (808) 208-8107
Location
Map View | Street View
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time
Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2023 HiCentral MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/19/23 07:05
Home
Properties
Agents & Offices
Contact Us
Neighborhood News
Careers

Better Homes and Gardens Real Estate
Advantage Realty

808.738.3600

4211 Waialae Avenue | Honolulu Hawaii 96816

Terms Of Use | Privacy Policy | Accessibility Statement | Fair Housing Notice

©2023 The Real Estate Resource, LLC. All rights reserved. Better Homes and Gardens® and the Better Homes and Gardens Real Estate Logo are registered service marks owned by Meredith Corporation and licensed to Better Homes and Gardens Real Estate LLC. The Real Estate Resource, LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC nor any of its affiliated companies.
Some of the active listings appearing on this site may be listed by other REALTORS®.  If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding  your options for representation.