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SOLD
MLS: 202311855
 
Asking Price: $2,800,000 FS - Fee Simple
Sold Price: $2,500,000
Sold Date: 07/19/2024
Type: Multi-Family
District: Metro
Address: 1615A Silva Street, Honolulu, HI
Neighborhood: Kapalama
Land Area: 8,058 SF
View: City
Parking: Assigned,Open
Amenities: Storage
Days on Market: 545
(The Price of the property was lowered by $1,150,000 on 03/21/2024)
Year Built: 1958
Zoning: IM - Industrial Mixed Use
Land Recorded: Land Court
Property Taxes: $2,418
Assessed Value: $2,396,600,.00
Assessed Ratio: 116.83%
Listing Courtesy: Pacific Core Properties HI LLC
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5 large bays on 2 different streets and a corner to maximize revenue!! This is an amazing opportunity. Next to the newly built and up-and-coming Amazon facilities (14 acres up the street bought by Amazon). Rare fee simple warehouse space with four upstairs apartments with views, on this large corner lot with parking. Walk-in cooler and freezer. This sale includes 2 TMK’s (1-1-2-006-001-0000 AND 1-1-2-006-059-0000). 1615A and 1615 Silva St. Honolulu, HI 96819. 5,440 sq ft warehouse space for the two tmk's and 2,040 sq ft for the four apartments consisting of two 2 bed, 1 bath units, and two 1 bed 1 bath units. Total of 7,480 sq ft. Warehouse has 20 ft wall height and an 8 ft wall height. Properties will be vacant at closing. Buyers, buyer’s agents, and buyers' consultants do their own due diligence for use and potential. Seller to do a 1031 exchange at no cost to the Buyer. So many way to generate revenue from these two TMK's.


 
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