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1525 Liholiho St Honolulu, HI 96822

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For Sale
$2,100,000

7,800 Sq.Ft Lot Fultifamily Residential Land in Honolulu, HI

Property size:
7,800 SF
Lot size:
0.18 Acres
Added:
Jan 10, 2025
Days on Market:
452
Last Refresh:
Mar 16 at 9:06 am

Property Features for 1525 Liholiho St

General Information

Standard status
Active
Property type
Residential income homes, Residential land & home lots, Other investment properties, Investment properties, Land
Size
7,800 SF
Elevators
N/A
Lot size
0.18 Acres

Building Details

Year Built
1939

We can help!

Listing Contact
Christina Dwight

Listing agent Christina

Listing office

Listing date Jan 10, 2025


Overview

Honolulu Multifamily Development Opportunity

Located in Honolulu, this 7,800 square foot residential lot presents a development opportunity. Approved plans are included for the construction of a 37-unit multifamily building, comprising 17 studios, 15 one-bedroom/one-bathroom units, and 5 two-bedroom/two-bathroom units, along with 13 parking spaces. The project has a projected 80% AMI Pro Forma Gross Income of $1,023,680 and benefits from a 10-year tax exemption. A comprehensive due diligence package includes approved building plans (buyer responsible for future renewal), electrical site plan, building renderings (interior and exterior), building permit approvals, sewer connection approval, trenching permit, geotechnical reports, Phase 1 report, survey and ALTA survey, wastewater waiver, and DPP Certification of Affordable Dwellings. The lot is ready for immediate development, offering potential for investors seeking a multifamily project.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Residential income homes

Map

City
Honolulu
County
Honolulu
State
Hawaii
Longitude
-157.811
Latitude
21.3207

FAQs

What type of property is this?
Residential income home - 7,800 Sq.Ft Lot Fultifamily Residential Land in Honolulu, HI
Where is this residential income home located?
The property is located at 1525 Liholiho St Honolulu, HI.
What is the asking price?
The asking price for this property is $2,100,000.
More about this property
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