Fantastic Potential for Developments: 448 Keoniana St. 3 bedrooms 2 bath, and a cottage(bedrooms number differs from tax record)5000 sq.ft land. Priced at $1,650,000. It is however to be sold together with 444 Keoniana St. 2 adjoining houses at $3,300,000. The VALUE is the adjoining lots of 10,000 sq.ft. LAND for development. You may potentially develop a 4 story boutique-apartment with 20-two bedroom units w/20 parking. This is all subject to Waikiki Special District Precinct Requirement, obtaining permits approval and have sewer adequacy. Selling "AS IS", Buyer must do their own due diligence. Seller is considered to do 1031 Exchange at no additional cost to the Buyer. Financial info is based on year of 2019.
Listing courtesy of Hawaii Life.
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