3536 Salt Lake Boulevard, Honolulu, HI 96818

$1,375,000 Asking Price

6 beds
3 baths
1,800  sqft
Built in 1954

Unique opportunity to own three (3) units (1800sf) on a large 7,500 sf lot zoned A-1 (Low Density Apartment). Owner occupied buyers of this Multi-family property can purchase with as little as 5% down, when using a qualified Fanny Mae Loan. Back house is a nice 2BR/1BA home with three covered (carport) parking and a fenced, enclosed yard with a productive mango tree. At the front of the property is a duplex, with two, 2BR/1BA units. Each dwelling has its own physical address with separate water and electrical metering. All units are currently occupied with month-to-month leases. DPP approval has been received for buyers who would like to consider construction of an 8 unit (2BR/1BA) apartment complex. Larger complex may be built with DPP approval (buyer to obtain). Conveniently located with close proximity to Aloha Stadium, Salt Lake and Moanalua shopping centers, Target and Navy Exchange. Good freeway access. On-going improvements to Salt Lake Blvd (and eventual new stadium entertainment district) will enhance the neighborhood and valuation. Property is to be sold “As-Is”. Please include AS-IS addendum with offer.

Features & Amenities

Interior

Flooring:
Laminate,Other,Vinyl

Exterior

Style:
Detach Single Family,Duplex,Multiple Dwellings
Pool:
None
Parking:
3 Car+,Driveway,Street, Parking spaces: 8

Construction

General:
Above Ground,Single Wall,Wood Frame, One,Two

Lot

Topography:
Level,Other
View:
Other

Utilities

Utilities:
Cable,Internet,Overhead Electricity,Public Water,Telephone,Water

This listing courtesy of:
20 Degrees North Real Estate

About Honolulu, HI

Housing

Number of Units
177,568
Median Home Value
$780,672
Median Rent
$1,491

50.35% of housing units are renter occupied.

11.76% are vacant.

Commute

Car
59.97%
Public Transportation
8.43%
Walk to Work
6.34%
Work from Home
21.05%
Other
2.27%

The median travel time to work is 21 minutes.

People

Population
409,389
Median Age
43.50
Median Household Size
2.67

Education

High School
21.69%
Associate’s Degree
10.33%
Bachelor’s Degree
25.44%
Graduate Degree
15.67%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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