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Commercial sold for $250,000 in 32 days

Villa On Eaton Square #115 400 Hobron Ln #115, Honolulu, HI, 96815

Neighborhood: Waikiki

Off the market Commercial/Industrial

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Ground floor Commercial unit split into 2 individual separate entrance. You'll get 2 units for the price of one! High visibility and lots of foot traffic from the neighboring high rises condo, Food Pantry, Post Office, Hair Salon, Nail Salon, Dentist and many more boutique store. Unit #115 (392 sq ft) is now used as RESTAURANT. Tenant pays $2,800 lease/mos for 3yrs. All tiles flooring, has full kitchen with a sink. Unit #117 (336 sq ft) is now used as an OFFICE occupied by Seller, with 3 rooms and small reception area. Seller spent 20K for the New AC system. No parking included but new owner can rent a parking stall from the bldg for $160.00 a mos. Lots of customer parking on site and street parking. MF $1,209.14 per mos is a common area ground floor maintenance which includes Electricity, Water & Sewer. Aside from the MF, there is also Assn fee of $1,259.38 per mos due to the unit is attached to the Residential Condo units. The information herein may contain inaccuracies & is provided w/o warranty or guaranty, given or implied. Buyer and Buyer Agents, must independently verify any information deem material or otherwise important before close of escrow.
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Property details

1973 year built
Price per sqft
$343/sqft
Address
400 Hobron Ln #115, Honolulu, HI, 96815
City of Hawaii
Honolulu
Island
Oahu
Year Built
1973
Frontage
Interior Hallway
Land tenure
FS - Fee Simple
Neighborhood
Waikiki
District
Honolulu

Nearby major retailers

Costco
Foodland
Lowe's
Mercedes-Benz
Safeway
Porsche
T-Mobile
Whole Foods Market
Ferrari
Wholesale: 1
Supermarket: 7
Do it yourself: 1
Car: 4
Mobile phone: 1
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Interior Features

Other floors
Roof
Other
Property Condition
Above Average
Floor Covering
Other
Easements
None
Documents Available
Lease Documents
Garage & Parking
On Site, Pay Public, Street
Utilities Included
Heavy Electricity
Amenities
ADA Compliant, Private Restroom, Public Restroom

Listed by

Elizabeth P Ayroso, Ayroso Realty
(808) 489-6867
Name
Elizabeth P Ayroso
License number
RB-22436
Brokerage company
Ayroso Realty
(808) 489-6867
MLS #
202221283

Buyer agent

Name
Don S Lui-Kwan
Brokerage company
Mauka to Makai Realty, Inc.
(808) 484-2010

Payment calculator

Calculate your monthly payments
Mortgage
$768
Taxes
$214
HOA dues
$0
$982 per month
Mortgage
$50,000 / 20%
2.28%
30 years
Your amount $768 / month

Exterior Features

Reinforced Concrete construction and more
Construction
Reinforced Concrete

Lot details

TMK #1260130140006
Parcel nr.
1260130140006

Waikiki neighborhood info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data

People living in Waikiki

30%
Families with children
National average: 39%
30%
Non family households
364,089
Population
$128,046
Average Income

Age & gender

Median age 44 years
More info

Commute types

64% commute by car
More info

Education level

26% have bachelor education
More info

Number of employees

2% work in education and healthcare
More info

Vehicles available

49% have 1 vehicle
More info

Vehicles by gender

49% have 1 vehicle
More info

Housing market insights for Villa On Eaton Square #115

$749.55k
Neighborhood average
sales price*
$529.9k
Neighborhood median
sales price*
1230
Number
of sales*

Housing type

61% are apartments
More info

Rooms

38% of the houses have 2 or 3 rooms
More info

Bedrooms

45% have 2 or 3 bedrooms
More info

Owners vs Renters

52% are renters
More info
16.17 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Schools

15 schools with rating up to 6
School rating Distance
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
Elementary School
0.41mi
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
Middle School
0.625mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
High School
0.808mi
School rating Distance
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
0.41mi
2
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
0.596mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.808mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.973mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.979mi
School rating Distance
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.625mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.808mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.973mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.979mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.982mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.808mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.973mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.979mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.984mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
1.007mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Dec 9, 2022

Waikiki Median sales price 2024

Bedrooms Med. price % of listings
Not specified $343k 27%
1 bed $475k 45%
2 beds $649.5k 26%
3 beds $775k 2%
Date Event Price $/sqft Source
Dec 9, 2022 Sold $250,000 343.41 Public Record
Dec 9, 2022 Price Decrease $250,000 -24.01% 343.41 MLS #202221283
Dec 3, 2022 Pending $329,000 451.92 MLS #202221283
Nov 11, 2022 Under contract $329,000 451.92 MLS #202221283
Oct 12, 2022 New Listing $329,000 +119.33% 225.96 MLS #202221283
May 6, 2021 Sold $150,000 206.04 Public Record
Apr 13, 2021 Under contract $150,000 206.04 MLS #202004066
Nov 7, 2020 For sale $150,000 206.04 MLS #202004066
Oct 20, 2020 Under contract $150,000 206.04 MLS #202004066
Aug 22, 2020 Price Decrease $150,000 -34.21% 206.04 MLS #202004066
Feb 26, 2020 New Listing $228,000 313.19 MLS #202004066

Taxes of 400 Hobron Ln #115, Honolulu, HI, 96815

X2 - Apartment Precinct zoning / MLS #202221283
Current Property Taxes p/month
$214
Assessed Improvement value
$102,700
Assessed Land value
$102,100
Land Recorded
Regular System
Zoning
X2 - Apartment Precinct
Flood Zone
Zone AE
Total Assessed value
$204,800

Tax History

Year Taxes Source
2022 $2,573 MLS #202221283
2020 $2,655 MLS #202004066
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About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.

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Frequently Asked Questions about Villa On Eaton Square #115

What is Villa On Eaton Square #115?

Villa On Eaton Square #115 is a Exclusive Rights Commercial/Industrial property.

What is the rental income?

-

What is the full address of this Commercial?

400 Hobron Ln #115, Honolulu, HI, 96815.

What comparable properties are nearby?

Comparable nearby commercial properties include 400 Hobron Ln, 1750 Kalakaua Ave, 1535 Pensacola St, 888 Mililani St, 1088 Bishop St, 1088 Bishop St.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Ayroso Realty.
Our company may forward your question(s), email address, phone number, name, and any other information you may provide to a licensed real estate agent in the state where the property you are inquiring about is located. We forward your information to assist you in getting you the answers you are requesting. However, you are not obligated to work with this agent. The agent we forward your information to may or may not be the listing agent for the property. Please discuss with the agent regarding your options for representation. Information deemed reliable but not guaranteed.

Listing last updated: Dec 09, 2022
Verhouse Last checked less than a minute ago


The closest grocery stores are Food Pantry, 0.03 miles away and ABC, 0.19 miles away.
The Waikiki neighborhood has a population of 364,089, and 30% of the families have children. The median age is 44.91 years and 64% commute by car. The most popular housing type is "apartment" and 52% is renter.
Commercial Sold $250k 400 Hobron Ln #115, Honolulu, HI, 96815 Save House Remove from Saved