NOT LISTED FOR SALE

1878 Loke St Wailuku, HI 96793

-- Bed
-- Bath
6,074 Sq Ft
0.28 Acres

Last Sold July 18, 2019

Last sale price $1,300,000 $214 Per Sq Ft

78 Days on Market

About This Home

As of July 2019

1878 Loke Street has a total of twelve (12) one-bedroom units, with six (6) units on ground floor and six (6) units on the second floor, plus thirteen (13) parking stalls. Hollow tile ground floor and wood frame second floor. Electrical separately metered, single water meter, and coin operated community washer/dryer. Convenient location off of Loke Street near Maui Memorial Medical Center and University of Hawaii Maui College; easy access to Route 30 and 32. Income is proforma. Being sold in 'As -Is' Condition. Call Listor for financials. Please do not disturb tenants.

Last Agent to Sell the Property

Kevin Nishikawa

Marcus Realty License #RB-17304 Listed on: 04/01/2019

Co-Listed By

Alexander Yen

Marcus Realty License #RS-81293

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,716

Year Built

  • Built in 1972

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 6,074 Sq Ft Home
  • 2-Story Property

Laundry

  • Dryer
  • Washer

Parking

  • 13 Parking Spaces
  • Open Parking
  • Assigned Parking

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 2-3-4-012-102-0000

Community Details

Overview

  • 12 Units
  • Wailuku/Waiehu Subdivision

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $54,310
  • Net Operating Income $84,890

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,716

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Co List Office Mls Id: MARC
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1972
  • CommunityFeatures: None
  • LaundryFeatures: Coin-operated
  • NAV29_Unit_1_Appliances: Dryer, Washer
  • Co List Office Phone: (808) 839-7446
  • MLS Status: Closed
  • Subdivision Name: WAILUKU/WAIEHU
  • Unit Levels: Two
  • Roof: Composition
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Stories: 2

Exterior Features

  • Construction Type: Hollow Tile, Wood Frame
  • Lot Features: Interior Lot, Other, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: None

Garage/Parking

  • Parking Features: Assigned, Open
  • Total Parking Spaces: 13.0
  • Open Parking: Yes

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, Phone Available, Water Available, Sewer Connected
  • Sewer: Connected

Lot Info

  • Parcel Number: 2-3-4-012-102-0000
  • Zoning Description: 32 - B-2 Community Business Dis

Multi Family

  • Number Of Units Total: 12
  • Net Operating Income: 84890.0
  • Annual Operating Expense: 54310.0
  • Tenant Pays: Cable TV, Electricity
  • Total Actual Rent: 11450.0

Tax Info

  • Tax Annual Amount: 7716.0

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2019 07/18/19 Sold $1,300,000 0.0% $214 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $1,300,000 0.0% $214 / Sq Ft
02/26/2018 02/26/18 Rented $825 0.0% --
01/27/2018 01/27/18 Under Contract -- -- --
01/09/2018 01/09/18 For Rent $825 -8.3% --
08/21/2017 08/21/17 Rented $900 0.0% --
07/22/2017 07/22/17 Under Contract -- -- --
05/04/2017 05/04/17 For Rent $900 +2.9% --
01/13/2017 01/13/17 Rented $875 0.0% --
12/14/2016 12/14/16 Under Contract -- -- --
09/22/2016 09/22/16 For Rent $875 0.0% --
06/06/2016 06/06/16 Rented $875 0.0% --
06/06/2016 06/06/16 For Rent $875 +2.9% --
03/02/2016 03/02/16 Rented $850 0.0% --
02/01/2016 02/01/16 Under Contract -- -- --
01/14/2016 01/14/16 For Rent $850 -- --
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kevin Nishikawa

    Seller's Agent in 2019

    Kevin Nishikawa

    Marcus Realty

    (808) 220-9220

    38 Total Sales

    Kevin Nishikawa
    Section Image
  • Alexander Yen

    Seller Co-Listing Agent in 2019

    Alexander Yen

    Marcus Realty

    (808) 782-2298

    22 Total Sales

    Alexander Yen
    Section Image

  • N

    Seller's Agent in 2018

    Norman Noguchi

    Marcus Property Mgmt.

    Section Image

  • R

    Seller's Agent in 2016

    Rowena-Mae Wong

    Marcus Property Mgmt.

    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201908679

HiCentral MLS (Honolulu Board of REALTORS®)
Hawaii Maui County Wailuku 96793

1878 Loke St, Wailuku, HI

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