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SOLD
MLS: 202501542
 
Asking Price: $2,100,000 FS - Fee Simple
Sold Price: $1,850,000
Sold Date: 07/08/2025
Type: Multi-Family
District: Metro
Address: 1525 Liholiho Street, Honolulu, HI
Neighborhood: Makiki Area
Land Area: 7,800 SF
View: City
Parking: Covered
Amenities: Other,Secured Lobby
Days on Market: 348
Year Built: 0
Zoning: 12 - A-2 Medium Density Apartm
Land Recorded: Land Court
Property Taxes: $528
Assessed Value: $1,810,500,.00
Assessed Ratio: 115.99%
Listing Courtesy: Commercial Inv. Strategies
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Turnkey Bill 7 development vacant lot with plans that were approved. All the due diligence has been done, and the existing plans were cleared for 37 units (17 studios, 15 two/ones, 5 two/twos, 13 parking. Projected 80% AMI Pro Forma Gross Income of $1,023,680 (for 10 year tax exemption). Due diligence package includes: Approved Full Set Building Plans (renewed once, to be renewed again by Buyer), Electrical Site Plan, Building Renderings (interior w unit types & exterior), Building Permit Approvals, Sewer Connection Approval, Trenching Permit, Geotechnical Reports, Phase 1 Report, Survey and ALTA Survey, Waste Water Waiver, DPP Certification of Affordable Dwellings, and more!


 
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