$1,250,000
UNDER CONTRACT

1131 Banyan St Unit B Honolulu, HI 96817

Kalihi-Palama Neighborhood

Estimated payment $7,006/month

Total Views 1,985
6 Beds
3 Baths
2,176 Sq Ft
$574 Price per Sq Ft

About This Home

Exceptional Land Opportunity – Take advantage of this unique opportunity to build a home or investment project tailored to your vision in a highly convenient and desirable location. A rare chance to acquire a 7,087 square foot flat lot located just minutes from downtown. Zoned U/11/11 – A-1 Apartment, this property offers excellent potential for redevelopment. Buyers are advised to conduct their own due diligence regarding possible development options.

Please note: The existing structure was damaged by fire on March 19, 2025, and is deemed beyond repair. The home is uninhabitable and should be considered a tear-down. At the buyer’s request, the seller is willing to remove the structure. Do not go on the property.

This property is being sold strictly “As-Is” for land value only.

Listing Agent

Jennifer Doan

AA Oceanfront Rentals & Sales Brokerage Phone: (808) 837-5211 License #RB-22915 Listed on: 07/24/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,155

Year Built

  • Built in 1950

Lot Details

  • 7,087 Sq Ft Lot
  • Level Lot
  • Zoning described as 11 - A-1 Low Density Apartment

Parking

  • 3 Parking Spaces

Interior Spaces

  • 2,176 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

  • Kapalama Elementary School
  • Kalakaua Middle School
  • Farrington High School

Community Details

  • Palama Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1-1-7-031-027-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,155

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Architectural Style: Detached
  • Inclusions: None
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1950
  • Attribution Contact: (808) 837-5211
  • Road Surface Type: Paved
  • MLS Status: Active Under Contract
  • Subdivision Name: PALAMA
  • Unit Levels: Two
  • Living Area: 2176.0
  • New Construction: No
  • Roof: Other
  • Tax Year: 2024
  • Special Features: UnderContract

Interior Features

  • Flooring: Other
  • Furnished: Unfurnished
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Stories: 2

Exterior Features

  • Lot Features: Other, Level
  • Pool Features: None
  • Property Condition: Tear Down / Value in Land
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: 1031 Exchange, Familial Relation

Garage/Parking

  • Parking Features: Three or more Spaces
  • Total Parking Spaces: 8.0

Utilities

  • Utilities: Other

Schools

  • Elementary School: Kapalama
  • High School: Farrington
  • Middle Or Junior School: Kalakaua

Lot Info

  • Parcel Number: 1-1-7-031-027-0000
  • Zoning Description: 11 - A-1 Low Density Apartment

Tax Info

  • Tax Annual Amount: 4155.12

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $4,155 $1,305,200 $1,214,600 $90,600
2024 $4,155 $1,307,200 $1,214,600 $92,600
2023 $3,860 $1,302,800 $1,214,600 $88,200
2022 $4,086 $1,267,400 $1,181,800 $85,600
2021 $4,093 $1,269,300 $1,181,800 $87,500
2020 $4,550 $1,400,100 $1,313,100 $87,000
2019 $4,159 $1,268,200 $1,181,800 $86,400
2018 $3,578 $1,102,400 $1,017,600 $84,800
2017 $3,641 $1,120,300 $1,017,600 $102,700
2016 $3,929 $1,202,600 $1,098,500 $104,100
2015 $3,563 $1,098,000 $992,200 $105,800
2014 $3,382 $1,031,100 $924,900 $106,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 For Sale $1,250,000 -- $574 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed -- None Listed On Document
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Accommodation
Warranty Deed $306,000 First Hawaii Title Corp
Deed $24,300 --
Interfamily Deed Transfer $128,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $229,500 No Value Available
Source: Public Records

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202516788

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-1-7-031-027-0000

Hawaii Honolulu County Honolulu 96817 Kalihi-Palama

1131 Banyan St Unit B, Honolulu, HI

This home is located at 1131 Banyan St Unit B, Honolulu, HI 96817 and is currently priced at $1,250,000, approximately $574 per square foot. This property was built in 1950. 1131 Banyan St Unit B is a home located in Honolulu County with nearby schools including Princess Miriam K Likelike Elementary School, Princess Ruth Ke'elikolani Middle School, and President William McKinley High School.

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.

HiCentral MLS (Honolulu Board of REALTORS®) 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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Listing Agent
Jennifer Doan
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AA Oceanfront Rentals & Sales
(808) 300-5904