2118 Citron Street Honolulu, HI 96826
Listing
Overview
Price: $3,349,000
Area: MOILIILI
Status: Sold
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** Listing by: Commercial Inv. Strategies (808) 429-1098
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- Land Area (sf): 12,000 sf
- Living (sf): 3,599
- Year Built: 1955
- Property Condition: Average
- Number of Parking Spaces: 5
- View: None
- Listing Office: Commercial Inv. Strategies
- Land Tenure: FS - Fee Simple
