MLS Number 202203084 For Sale

Let our Tantalus real estate inspire you...

Don't miss this dream opportunity to rebuild and own a two-dwelling home (zoning is A-2 Apartment) on the South slope of Punchbowl on Emerson St! This gem of a lot is 8,520 Sqf divided between an upper-level lot with a home and a lower-level lot with a separate dwelling. The lower-level dwelling is a 4-unit rental which was earning $950, $850, $1,350 and $1,200 for a total of $4,350/month on a month-to-month basis ($950 rental shall vacate by 3/31, $850 rental please see supplement notes, other two rentals now vacant). Note that tax records show a lower 2nd dwelling with only 2 units and it needs major repair / tear down. Upper-level building is in somewhat better condition, has two bedrooms. Interior of both dwellings cannot be shown until an offer has been accepted by Seller. This home is Absolutely As-Is. Buyer will be responsible for due diligence on rebuilding opportunity and removing remaining items and cleaning after the transaction closes. Tenants are month to month, please see supplemental disclosures and terms. Listing information courtesy of Damon HI Pac Intl Prop LLC

Item Details (Information deemed reliable, but not guaranteed.)
Property Type Single Family
Bedrooms 7
Full Bathrooms 5
Interior Living Area 3,107 sq. ft.
288.65 sq. m.
Open Lanai Area 80 sq. ft.
7.43 sq. m.
Total Area 3,187 sq. ft.
296.08 sq. m.
Lot Size Area 0.196 acres
791.53 sq. m.
Year Built 1939
Parking Total 6
Parking Type
  • 3 Car+
  • Driveway
Property Condition Fair,Needs Major Repair
Utilities
  • Gas
  • Internet
  • Overhead Electricity
  • Public Water
  • Sewer Fee
  • Telephone
Views
  • City
  • Ocean
  • Sunrise
  • Sunset
Inclusions
  • Dryer
  • Range/Oven
  • Refrigerator
  • Smoke Detector
  • Washer
Flooring
  • Hardwood
  • Vinyl
  • W/W Carpet
Item Details (Information deemed reliable, but not guaranteed.)
Amenities
  • None
Architectural Style
  • 2 Bedroom Cottage
  • Multiple Dwellings
Construction Materials
  • Above Ground
  • Single Wall
  • Slab
  • Wood Frame
Easements
  • None
Location Dead End
Lot Features
  • Clear
Roof Composition
Stories One, Two
Item Details (Information deemed reliable, but not guaranteed.)
Current Price $1,800,000 FS - Fee Simple
Price / Sq. Ft. $579.34 / Sq. Ft.
Land Tenure FS - Fee Simple (You own the land.)
Tax Assessed Value $1,568,800
Tax Assessed Value Improvements $117,200
Tax Assessed Value Land $1,451,600
Tax Exemption Owner Occupancy $0
Tax Amount $458 / Month
Tax Year 2022
TMK (Tax Map Key) 1-2-2-004-051-0000
Item Details
City Honolulu
Neighborhood Punchbowl Area
Zip Code 96813
Zoning 12 - A-2 Medium Density Apartme
Flood Zone Zone X
Elementary School Kaahumanu
Middle School Stevenson
High School Roosevelt

Map

Contact Request

Hi, I'm Sachiko Trillo, Tantalus Realtor.

The idea of buying Tantalus real estate can be overwhelming at times. I completely understand!

That's why, as your Realtor, I will:

  1. Take time to Listen carefully to you about your ideal home or condo.
  2. Thoroughly research and pin-point the perfect Tantalus property.
  3. Guide you, step-by-step, through the entire purchase process.
Sachiko Trillo, Realtor

So, let's get started!

  • Call me at 1-808-369-9867 (Currently, it's Saturday, 5:33 AM in Tantalus, Hawaii.)
  • Or fill out the following contact request form.

Contact Request Form