Hawaii Living

1709 Pensacola Street (Makiki)

1 / 12

1709 Pensacola Street (Makiki)

1709 Pensacola St, Honolulu
This property was sold February 12, 2020 for $710,000
Description
Great opportunity to renovate this prime location in Makiki! Lots of possibilities for this home. Don’t be fooled by the street frontage because the spacious yard below leaves room for expansion. Units include 2/1/1 parking, 1/1 & a large unfinished basement with substandard heights, making possibilities endless with this space. Live in the street level unit & rent out below or use for stable rental income with well-qualified tenants already in place. 4 separate elec. and 2 gas meters show that this is a legal non-conforming multi-family home. This desirable central location is just minutes away from schools including UH Manoa, freeway entrance, downtown & bus line. Sale price is well below the "Tax Assessed Land Value”!
Past Activity
  • Feb 12, 2020 Sold @ $710K
  • Dec 30, 2019 In Escrow
  • Nov 19, 2019 Price ↓ $725K
  • Nov 08, 2019 Back to Active
  • Oct 15, 2019 In Escrow
  • Oct 03, 2019 Listed @ $750K
More Details
  • Price / Interior Sf: $685
  • Owner, Tax & Resale History: Click here
  • MLS: 201928615
  • Occupancy Type: Tenant
  • Elementary School: Lincoln
  • Middle School: Stevenson
  • High School: Roosevelt
  • Zoning: 05 - R-5 Residential District
  • Flood Zone: Zone X
  • Amenities: Bedroom on 1st Floor, Full Bath on 1st Floor, Storage
  • Inclusions: Cable TV, Ceiling Fan, Dryer, Range/Oven, Refrigerator, Smoke Detector, Washer
  • TMK: 1-2-4-30-79-9999
  • Tax Assessed Land: $769,800
  • Tax Assessed Improvements: $289,300
  • Tax Assessed Total: $1,086,100
  • Special Sales Terms: None
  •  
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on July 07, 2020. Information is deemed reliable but not guaranteed.
- listing courtesy Elite Pacific Properties, LLC.

Sold 2/12/20 for

$710,000

Living

1,058 sqft

Baths

3

Beds

4

 
 
    Description
    Great opportunity to renovate this prime location in Makiki! Lots of possibilities for this home. Don’t be fooled by the street frontage because the spacious yard below leaves room for expansion. Units include 2/1/1 parking, 1/1 & a large unfinished basement with substandard heights, making possibilities endless with this space. Live in the street level unit & rent out below or use for stable rental income with well-qualified tenants already in place. 4 separate elec. and 2 gas meters show that this is a legal non-conforming multi-family home. This desirable central location is just minutes away from schools including UH Manoa, freeway entrance, downtown & bus line. Sale price is well below the "Tax Assessed Land Value”!
    • Feb 12, 2020 Sold @ $710K
    • Dec 30, 2019 In Escrow
    • Nov 19, 2019 Price ↓ $725K
    • Nov 08, 2019 Back to Active
    • Oct 15, 2019 In Escrow
    • Oct 03, 2019 Listed @ $750K
    See our video of Makiki Heights homes.

    Makiki - the childhood neighborhood of President Barack Obama - is an older established neighborhood of approximately 500 homes just north-east of downtown Honolulu, bordered by Punchbowl to the west and Manoa to the east. Makiki homes for sale are often valued between $600K to $1M on lot sizes between 2,000 to 9,000 sq ft. Makiki Heights homes for sale tend to be more valuable at $850K to $8M with lot sizes between 5,000 sq ft to 1 acre plus.

    Makiki consists of 2 distinct communities: Makiki with mostly modest homes on the flat section hugging the foothills to the south, and Makiki Heights with some luxury homes on the hillside above to the north.

    Insight to Makiki Homes
    Makiki, the diverse and densely populated lower section south of Nehoa St, consists of a mix of older homes, often on smaller lots, as well as a number of small to medium size apartment buildings and several high rise condos, predominantly built during the 1960&rsq  ....click here to read more
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on July 07, 2020. Information is deemed reliable but not guaranteed.
    - listing courtesy Elite Pacific Properties, LLC.
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn more about Oahu property taxes here.
    Share this on:
    share on facebook share on twitter