Listing Image
MLS: 202611622 (Active - For Sale)
 
Asking Price: $5,300,000 FS - Fee Simple
Type: Multi-Family
District: Metro
Address: 1430 Wilder Avenue, Honolulu, HI
Neighborhood: Makiki Area
Land Area: 7,590 SF
View: City,Diamond Head,Garden,Mountain,Sunrise
Parking: Assigned,Covered,Open
Amenities: Other
Days on Market: 91
Year Built: 1964
Zoning: 12 - A-2 Medium Density Apartme
Land Recorded: Regular System
Property Taxes: $737
Assessed Value: $2,564,700
Assessed Ratio: 206.65%
Listing Courtesy: HI Choice Realty


Exceptional opportunity to acquire a well-maintained 11-unit concrete apartment building in the highly desirable Makiki neighborhood, directly across from Makiki District Park. This investment property features eleven renovated 1-bedroom, 1-bath units with dens, averaging approximately 644 sq. ft. each. Every unit includes a private lanai and one assigned parking stall, with abundant natural light, cool trade winds, and pleasant views. Residents enjoy the convenience of an on-site coin-operated laundry. Ideally located just minutes from H-1 Freeway access, Punahou School, Maryknoll School, Kapiolani Medical Center, Shriners Children's Hawai?i, shopping, dining, and public transportation. Ownership has invested over $500,000 in recent capital improvements, reflecting pride of ownership and reducing near-term capital expenditure needs. Current rents are below market, providing an attractive value-add opportunity with future income growth potential. Fee Simple. Property to be sold in AS IS condition. Please do not disturb tenants.


 
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