Honolulu, HI 96818,2989 Ala Ilima ST
Listed by Commercial Inv. Strategies
Bought with John Riggins Real Estate

$4,300,000

Est. payment /mo

$4,500,000

4.4%
Est.Price: ?

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2989 Ala Ilima ST Honolulu, HI 96818

SOLD DATE : 04/25/2025

Key Details

Sold Price $4,300,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Subdivision Salt Lake

MLS Listing ID 202505437

Sold Date 04/25/25

Construction Status Excellent

HOA Y/N No

Year Built 1969

Annual Tax Amount $9,336

Property Sub-Type Industrial

Property Description

COMMERCIAL LISTING. RARE FIND in Salt Lake. Owners never thought they'd sell, so took care of the building like they'd keep it forever with lease rents WAY below market. Easy opportunity to 'manage up.' Beautifully maintained building with an elevator and 16 units: 4 ones, 12 twos, and 16 parking with 5 tandem stalls for 21 stalls total (most are covered w/extra charge for usage). Easy to rent units with cool mountain breezes in a desirable neighborhood. Hollow tile construction, simple & clean interiors in excellent condition. All units separately metered for electricity and one water meter.

Location

State HI

County Oahu

Area Metro

Building/Complex Name NA

Interior

Cooling None

Flooring Concrete

Fireplace No

Exterior

Parking Features Assigned

Community Features None

Utilities Available Electricity Available, Sewer Connected

Total Parking Spaces 16

Building

Story 4

Entry Level Three Or More

Sewer Connected

Level or Stories Three Or More

Construction Status Excellent

Others

Tax ID 1-1-1-061-027-0000

Financing Cash

Special Listing Condition None

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Hawaii Central MLS (HiCentralMLS)

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agent

Dan Sepulveda

+1(808) 852-9782

License ID: RB-23341

License ID: RB-23341

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