Hawaii Living

1362 st louis Dr (St. Louis Heights)

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1362 st louis Dr, Honolulu
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Description
Seize this remarkable opportunity along Saint Louis Drive, where a versatile property awaits your vision. This home is thoughtfully divided into four separate living areas, offering incredible potential for income generation. The first floor features a spacious 2-bedroom, 1-bath unit with breathtaking views from the lanai. Adjacent to this unit is a cozy studio complete with a wet bar and full bath, perfect for a guest or additional rental income. As you descend the stairs, you'll discover two separate 1-bedroom, 1-bath units, each offering privacy and comfort. While tax records do not reflect the current layout, all four units have previously been rented, generating solid monthly income:2-bedroom unit at $1,600, studio at $850, first 1-bedroom at $1,425, and the second 1-bedroom at $1,325. With creativity and some modern renovations, you can transform this property into an outstanding income-producing asset. This property is being sold in As-Is condition, with no repairs or credits offered by the sellers. The carport is currently unusable; please contact the agent for alternative parking arrangements. The seller may participate in a 1031 exchange at no cost to the Buyer.
Past Activity
  • Sep 25, 2024 Sold for $1,005,000
  • Aug 23, 2024 Under Contract
  • Aug 13, 2024 Listed at $999,888
Blog
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $831
  • Other Homes Price / ft²
  • Cash vs Financing Buyers
  • Zoning: 05 - R-5 Residential District
  • Flood Zone: Zone X
  • View: City, Mountain, Sunset
  • Furnished: Partial
  • Property Condition: Average
  • TMK: 1-3-3-55-6-0
  • Tax Assessed Land: $997,000
  • Tax Assessed Improvements: $94,600
  • Tax Assessed Total: $1,091,600
  • Courtesy: Lifetime Properties LLC / (808) 368-5178
  • MLS: 202417698
Good to Know
See our video of Saint Louis Heights homes.

St Louis Heights is a steep hillside residential neighborhood of about 600 older Honolulu homes developed as early as 1929, named after St Louis School at the bottom of the hill, which today shares the campus with Chaminade University. St Louis Heights is bordered by Manoa to the west and Palolo to the east. Most St Louis Heights homes for sale are valued between $700K and $1.2M and are often built on steep sloped lots ranging from 4,000 and 10,000 sq ft.

The Homes
Homes in St Louis Heights offer spectacular ocean views, and, a noticeable  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 21, 2024.Information is deemed reliable but not guaranteed.
Other St. Louis Heights Homes
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$999,998
1571 Alencastre St
3 Bds | 1 Ba
960 ft²
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$1,150,000
1630 Quincy Pl
4 Bds | 2 Ba
2,016 ft²
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$1,349,000
1562 St Louis Dr
4 Bds | 2 Ba
1,853 ft²
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$1,549,000
1537 St Louis Dr
3 Bds | 2 Ba
1,424 ft²
Other Hawaii Homes
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$999,999
68-1748-A LAIE ST
4 Bds | 2.5 Ba
1,910 ft²
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$1,000,000
148 Hoomoku St
2 Bds | 1 Ba
1,000 ft²
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$999,000
2089 KINOOLE ST
4 Bds | 4 Ba
3,587 ft²
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$999,000
73-1249 LIHAU ST
2 Bds | 2 Ba
1,325 ft²
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$999,000
96-2236 NORTH RD
4 Bds | 3 Ba
2,280 ft²
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$998,900
114 KUPAA ST
4 Bds | 3 Ba
2,456 ft²
  • Sold 9/25/24 at $1,005,000
    (List Price: $999,888)
Description
Seize this remarkable opportunity along Saint Louis Drive, where a versatile property awaits your vision. This home is thoughtfully divided into four separate living areas, offering incredible potential for income generation. The first floor features a spacious 2-bedroom, 1-bath unit with breathtaking views from the lanai. Adjacent to this unit is a cozy studio complete with a wet bar and full bath, perfect for a guest or additional rental income. As you descend the stairs, you'll discover two separate 1-bedroom, 1-bath units, each offering privacy and comfort. While tax records do not reflect the current layout, all four units have previously been rented, generating solid monthly income:2-bedroom unit at $1,600, studio at $850, first 1-bedroom at $1,425, and the second 1-bedroom at $1,325. With creativity and some modern renovations, you can transform this property into an outstanding income-producing asset. This property is being sold in As-Is condition, with no repairs or credits offered by the sellers. The carport is currently unusable; please contact the agent for alternative parking arrangements. The seller may participate in a 1031 exchange at no cost to the Buyer.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 21, 2024.Information is deemed reliable but not guaranteed.
    • Sep 25, 2024 Sold for $1,005,000
    • Aug 23, 2024 Under Contract
    • Aug 13, 2024 Listed at $999,888
    See our video of Saint Louis Heights homes.

    St Louis Heights is a steep hillside residential neighborhood of about 600 older Honolulu homes developed as early as 1929, named after St Louis School at the bottom of the hill, which today shares the campus with Chaminade University. St Louis Heights is bordered by Manoa to the west and Palolo to the east. Most St Louis Heights homes for sale are valued between $700K and $1.2M and are often built on steep sloped lots ranging from 4,000 and 10,000 sq ft.

    The Homes
    Homes in St Louis Heights offer spectacular ocean views, and, a noticeable  .....
    Read more.
    Other St. Louis Heights Homes
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    $999,998
    1571 Alencastre St
    3 Bds | 1 Ba
    960 ft²
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    $1,150,000
    1630 Quincy Pl
    4 Bds | 2 Ba
    2,016 ft²
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    $1,349,000
    1562 St Louis Dr
    4 Bds | 2 Ba
    1,853 ft²
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    $1,549,000
    1537 St Louis Dr
    3 Bds | 2 Ba
    1,424 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.