Location, Location, Location. Excellent investment opportunity with easy access to Ala Moana, Punahou, Punchbowl, Downtown, and the freeway in all directions. Apartment-zoned, not a tear-down, but ripe for re-development. Bill 7 possibility with stable, existing income from 2 tenants of just under $4, 500/mo. Collect the rent while going for permits—land cost breaks down to approximately $235/sf with unbeatable location, 60’ height limit. Drive by today to understand the full possibility of the lot.
Price: | $1,388,000 |
Address: | 1568 Pensacola Street |
City: | Honolulu |
State: | HI |
Zip Code: | 96822 |
