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SOLD
MLS: 202114866
 
Asking Price: $1,558,000 FS - Fee Simple
Sold Price: $1,475,000
Sold Date: 10/01/2021
Type: Multi-Family
District: Metro
Address: 1924 S Beretania Street, Honolulu, HI
Neighborhood: Moiliili
Land Area: 5,000 SF
View: City
Parking: Covered,Open,Tandem
Days on Market: 1668
Year Built: 1941
Zoning: 33 - BMX-3 Community Business
Land Recorded: Land Court
Property Taxes: $377
Assessed Value: $1,342,700,.00
Assessed Ratio: 116.03%
Listing Courtesy: Forward Realty
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Fantastic location in the middle of Honolulu. Perfect for an owner-user looking for immediate cashflow while they plan their new office/retail development, or an investor looking to keep the existing residential improvements. BMX-3 zoning allows for many options! Estimated traffic counts are over 23,000 vehicles per day. Great exposure with one-way traffic and an existing signpost along Beretania. Former Ideal Keyshop location. Currently dedicated for residential tax usage (renewal in 2021). Main structure has 4 one-bedroom units, back structure has additional 2 studios with a shared bathroom. Currently generates $69k in gross annual rents. Subject to C&C road-widening setback if redeveloped.


 
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