1150 Davenport Street, Honolulu, HI 96822

$1,700,000
3
BD
2
BA
2,828
SqFt
Sold Price
$1,700,000
List Price
$1,800,000
Days on Market
140
Closing Date
Apr 02, 2024
MLS#
202321294
Status
SOLD
Type
Single Family Residential
Bedrooms
3
Bathrooms
2
Living Area
2,828
Sq Ft Total
3408
Land Tenure
FS - Fee Simple
Neighborhood
Makiki

Property Description

Many options for you on this property. First you can build a 32 unit Bill 7 Apartment Complex because this is an apartment zoned parcel. What's even better is the owner already has the plans and open building permit ready to go! All you have to do is get your HUI together and start getting bids for contractors. If you have a heart for helping others and want to build more affordable housing in Honolulu and take advantage of the Bill 7 benefits then this project is for you! Over $200K was spent on the due diligence, plans, and permitting. Second, you can restore this beautiful home that should be considered as a historic site in Makiki. Back in the day this property hosted many soirees. Third, you can knock down and build your own family compound. It is possible to package this parcel with the parcel to the left of the subject property and redevelop into a family compound or multi-family dwelling as a Bill 7/non-Bill 7. Use one parcel as parking and a larger dwelling can be built on the adjacent lot.

Additional Information

View
None
Zoning
12 - A-2 Medium Density Apartme
Lot Size
6,920
Year Built
1949
Year Remodeled
1957

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Ivy K Realty, LLC. Selling Office: Anna International Realty.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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