2118 Citron Street

$3,349,000
2118 Citron Street, Honolulu, HI 96826
2118 Citron Street

2118 Citron Street

$3,349,000

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**
Christina Dwight
Christina Dwight Contact

Features & Amenities

Interior

Appliances Dryer, Washer

Exterior

Stories 1
Water Source Public
Utilities Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Available, Water Available, Sewer Connected
Lot Features Cleared, Interior Lot, Level
Parking Assigned
Sewer Connected

Area & Lot

Status Sold
LIVING SPACE 3,599 Sq.Ft.
LOT SIZE 0.28 Acres
MLS® ID 202415379
Type Multi-Family
Year Built 1955
Neighborhood Honolulu
View Description None

Financial

SALES PRICE $3,349,000
REAL ESTATE TAXES $9,330/yr

Work With Christina

Christina’s mission is to provide exemplary, personalized service for multifamily investors. She is laser-focused on providing the best marketing and exposure, identifying capable buyers, and proactively addressing their concerns so that the process is as stress-fee as possible. Commercial Investment Strategies is the only firm in Hawaii exclusively engaged in apartment building buying and selling.

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