1125 Hassinger St Honolulu, HI 96822
Makiki NeighborhoodEstimated payment $17,971/month
Highlights
- Property is in excellent condition
- Level Lot
- Community Storage Space
About This Home
A prime multifamily investment opportunity in the strongest rental neighborhoods, Makiki, Honolulu. The 13-unit building consisting of 12 (studios) & 1 (1bd/1ba) unit has a current gross income of $223K/year. The owner has completed improvements such as new windows, flooring, exterior and interior paint, and entry doors. Tenants have access to a common laundry area. There are 5 parking stalls on-site. Utilities are the owner's responsibility as there is only one house meter, for electricity, water, and gas. Within proximity to Safeway Beretania, post office, bust routes, and freeway access.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,896
Year Built
- Built in 1928
Lot Details
- 5,079 Sq Ft Lot
- Level Lot
- Property is in excellent condition
Home Design
- Shingle Roof
- Asphalt Roof
Interior Spaces
- 2,817 Sq Ft Home
- 2-Story Property
Parking
- 5 Parking Spaces
- Assigned Parking
Listing and Financial Details
- Assessor Parcel Number 1-2-4-019-072-0000
Community Details
Overview
- 13 Units
- Makiki Area Subdivision
Amenities
- Community Storage Space
Building Details
- Operating Expense $90,364
- Net Operating Income $127,255
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 | $4,270 | $1,223,000 | $1,087,700 | $135,300 |
| 2024 | $4,270 | $1,220,000 | $1,087,700 | $132,300 |
| 2023 | $4,044 | $1,214,900 | $1,087,700 | $127,200 |
| 2022 | $4,044 | $1,155,400 | $1,037,200 | $118,200 |
| 2021 | $4,321 | $1,234,500 | $1,113,000 | $121,500 |
| 2020 | $4,524 | $1,292,600 | $1,163,600 | $129,000 |
| 2019 | $4,522 | $1,291,900 | $1,163,600 | $128,300 |
| 2018 | $7,577 | $1,082,400 | $961,300 | $121,100 |
| 2017 | $3,796 | $1,084,600 | $936,000 | $148,600 |
| 2016 | $3,609 | $1,031,100 | $885,400 | $145,700 |
| 2015 | $3,198 | $913,700 | $751,300 | $162,400 |
| 2014 | -- | $909,000 | $751,300 | $157,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2025 03/07/25 | Price Changed | $3,180,000 | -5.9% | $1,129 / Sq Ft |
| 12/15/2024 12/15/24 | For Sale | $3,380,000 | -- | $1,200 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Title Guaranty | |
| Warranty Deed | -- | Title Guaranty | |
| Warranty Deed | $880,000 | Ortc | |
| Warranty Deed | $470,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $650,000 | No Value Available | |
| Closed | $650,000 | No Value Available | |
| Previous Owner | $644,000 | Commercial | |
| Previous Owner | $125,000 | Commercial |
Source: HiCentral MLS (Honolulu Board of REALTORS®)
MLS Number: 202428319
APN: 1-2-4-019-075-0000
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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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