Bought with Hawaii 5-0 Properties, Inc.
$3,349,000
$3,349,000
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2118 Citron ST Honolulu, HI 96826
Key Details
Sold Price $3,349,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Moiliili
MLS Listing ID 202415379
Sold Date 12/06/24
Construction Status Average Condition
Year Built 1955
Annual Tax Amount $9,330
Property Description
ATTENTION DEVELOPERS!!! Prime 12,000sf lot less than a mile between both Waikiki and UH Manoa. So much potential: Bill 7 development/ live in one, rent the others/ land bank and build later/ rent out as is—-it's all up to you! DD includes: EDR Neighborhood Environmental Report, Geotechnical Report with boring logs and infiltration tests, a TOPO survey and conceptual plans with A-sheets and a prelim foundation design. Existing structures have 5 twos rented, one tear-down. **Development options present a variety of potential paths for the creative owner: Bill 07 possibility of up to a maximum of 60 units and 48,000sf of floor area or standard A2 zoning for up to 16,080sf that takes advantage of the city's newest parking exemptions for multi-family developments in the PUC. Not located in a HI School Impact District, new development save BIG on DOE Impact Fees, which start at close to $3,864 and up per unit (i.e. up to over $230,000 in savings!) in a number of Honolulu neighborhoods. **Buyers to do their own dd and verify all the latest city programs and rules with the appropriate experts and agencies**
Location
State HI
County Oahu
Area Metro
Interior
Furnishings Partially
Fireplace No
Appliance Dryer, Washer
Exterior
Parking Features Assigned
Community Features None
Utilities Available Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Available, Water Available, Sewer Connected
View Y/N No
View None
Total Parking Spaces 5
Building
Lot Description Cleared, Interior Lot, Level
Entry Level One
Sewer Connected
Water Public
Level or Stories One
Construction Status Average Condition
Others
Tax ID 1-2-7-007-050-0000
Financing Cash
Special Listing Condition None
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