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.
Both Moanalua & Salt Lake were originally included in the ahupua'a, or land division passed down from Princess Bernice Puahi Bishop to Samuel Damon in the late 1800's. Most of it was then sold by the Damon family in 1956 to developers, most significantly businessman Clarence T. Ching.
Ching divided the property into lots, which owners could build on as they wished. That's why there are so many unique houses, reflecting the tastes of individual owners. Those aren't the only differences that exist in the trio of neighborhoods that make up this area, which is why it's best to look at them indi..... Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 06, 2025.Information is deemed reliable but not guaranteed.
Sold 4/25/25 at $4,300,000 (List Price: $4,500,000)
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.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 06, 2025.Information is deemed reliable but not guaranteed.
Both Moanalua & Salt Lake were originally included in the ahupua'a, or land division passed down from Princess Bernice Puahi Bishop to Samuel Damon in the late 1800's. Most of it was then sold by the Damon family in 1956 to developers, most significantly businessman Clarence T. Ching.
Ching divided the property into lots, which owners could build on as they wished. That's why there are so many unique houses, reflecting the tastes of individual owners. Those aren't the only differences that exist in the trio of neighborhoods that make up this area, which is why it's best to look at them indi..... Read more.
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. The sale may be subject to one or more contingencies.
We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
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.
