Estimated payment $16,676/month
Highlights
- City View
- Central Air
- 1-Story Property
- 15,600 Sq Ft lot
About This Home
HUGE PRICE REDUCTION! Investor's gem in the highly desired Kaimuki area. This rare opportunity with a lot size of 15,600 sq. ft. in a R-3.5 zone. The property currently has a total of 12 rental units (5 Studios, 6 One Bedroom, 1 Two Bedroom). 5 separate
structures on a corner block of your own stretching from 3rd Ave to Palima Pl., across Pahoa Ave. Property has 11
individual electric meters, 11 individual gas meters, and 2 water meters. Conveniently located near freeway on/off
ramps, handful of restaurants and businesses on Waialae Ave. & Kapahulu Ave, Market City Shopping Center,
Kapahulu Shopping Center, Waikiki. Buyers to do their own due diligence. Photos with outlines are only for
general guidelines and do not depict actual lot boundaries. ALL SHOWINGS ARE BY APPOINTMENT ONLY, PLEASE
DO NOT ENTER THE PREMISES AND DISTURB THE TENANTS.
Listing Agent
Five Star Realty, Inc. Brokerage Phone: (808) 382-6871 License #RB-21314 Listed on: 06/11/2024
Co-Listing Agent
Top Property Management LLC Brokerage Phone: (808) 382-6871 License #RS-78444
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,368
Year Built
- Built in 1942
Home Design
- Shingle Roof
- Asphalt Roof
Interior Spaces
- 1-Story Property
- City Views
- Laundry in unit
Parking
- 12 Parking Spaces
- Open Parking
Additional Features
- 0.36 Acre Lot
- Central Air
Listing and Financial Details
- Assessor Parcel Number 1-3-2-010-048-0000
Community Details
Overview
- 12 Units
- Kaimuki Subdivision
Building Details
- Operating Expense $32,197
- Net Operating Income $162,023
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,364 | $3,031,400 | $2,793,000 | $238,400 |
| 2024 | $10,364 | $2,961,100 | $2,726,500 | $234,600 |
| 2023 | $10,341 | $2,954,700 | $2,726,500 | $228,200 |
| 2022 | $9,358 | $2,673,800 | $2,460,500 | $213,300 |
| 2021 | $8,692 | $2,483,500 | $2,261,000 | $222,500 |
| 2020 | $8,253 | $2,358,100 | $2,128,000 | $230,100 |
| 2019 | $8,054 | $2,334,200 | $2,101,400 | $232,800 |
| 2018 | $8,054 | $2,301,200 | $2,074,800 | $226,400 |
| 2017 | $7,750 | $2,214,400 | $1,941,800 | $272,600 |
| 2016 | $7,732 | $2,209,000 | $1,941,800 | $267,200 |
| 2015 | $7,237 | $2,067,700 | $1,808,800 | $258,900 |
| 2014 | -- | $1,847,400 | $1,596,000 | $251,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/12/2024 10/12/24 | Price Changed | $2,888,000 | +5.0% | -- |
| 06/11/2024 06/11/24 | For Sale | $2,750,000 | +10.5% | -- |
| 07/19/2022 07/19/22 | Off Market | $2,488,888 | -- | -- |
| 07/18/2022 07/18/22 | Sold | $2,488,888 | -16.8% | $478 / Sq Ft |
| 07/06/2022 07/06/22 | Pending | -- | -- | -- |
| 06/25/2022 06/25/22 | For Sale | $2,989,888 | 0.0% | $574 / Sq Ft |
| 04/27/2022 04/27/22 | Pending | -- | -- | -- |
| 04/26/2022 04/26/22 | Price Changed | $2,989,888 | -4.4% | $574 / Sq Ft |
| 01/26/2022 01/26/22 | For Sale | $3,128,888 | -- | $601 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | First American Title Of Hawaii | |
| Special Warranty Deed | -- | First American Title Of Hawaii | |
| Warranty Deed | -- | First American Title Of Hawaii | |
| Special Warranty Deed | -- | First American Title Of Hawaii |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,500,000 | New Conventional |
Source: HiCentral MLS (Honolulu Board of REALTORS®)
MLS Number: 202413986
APN: 1-3-2-010-048-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Some of the active listings appearing on this site may be listed by other REALTORS(R). If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd
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