$1,999,000
$191K PRICE DROP

Estimated payment $11,243/month

Total Views 5,021
-- Bed
-- Bath
3,456 Sq Ft
$578 Price per Sq Ft

About This Home

A rare opportunity for investors! This is a two-story apartment with 6 units, each containing two bedrooms withone bathroom. Walking distance to Wal Mart, restaurants, bus lines etc. History with great rental occupancy. Oneunit has been re-modeled with other units having great potential. This property will cater renters looking for anapartment-style living in urban areas like Ala Moana. This property will be sold 'AS-IS' and Buyer(s) are to do their own due diligence.

Listing Agent

Osamu Fukuda

Sky Realty LLC Brokerage Phone: (808) 600-5139 License #RS-74526 Listed on: 10/15/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,212

Year Built

  • Built in 1956

Lot Details

  • 3,917 Sq Ft Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 3,456 Sq Ft Home
  • 2-Story Property

Parking

  • 2 Parking Spaces
  • Assigned Parking

Listing and Financial Details

  • Assessor Parcel Number 1-2-3-014-043-0000

Community Details

Overview

  • 6 Units
  • Ala Moana Subdivision

Building Details

  • Operating Expense $8,913
  • Net Operating Income $87,687

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,212

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1956
  • Attribution Contact: (808) 600-5139
  • CommunityFeatures: None
  • Road Frontage Type: Other
  • LaundryFeatures: None
  • MLS Status: Active
  • Subdivision Name: ALA MOANA
  • Unit Levels: Two
  • Roof: Asphalt, Shingle
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Stories: 2

Exterior Features

  • Construction Type: Hollow Tile, Masonry, Stucco
  • Lot Features: Cleared, Corner Lot, Other, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: None
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 2.0

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Lot Info

  • Parcel Number: 1-2-3-014-043-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 6
  • Net Operating Income: 87687.0
  • Annual Operating Expense: 8913.0
  • Tenant Pays: Cable TV, Electricity, Gas, Water
  • Total Actual Rent: 8050.0

Tax Info

  • Tax Annual Amount: 4212.0

Map

Range of Values:

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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 $4,228 $1,205,000 $1,067,900 $137,100
2024 $4,228 $1,207,900 $1,067,900 $140,000
2023 $4,209 $1,202,600 $1,067,900 $134,700
2022 $1,830 $1,070,700 $940,100 $130,600
2021 $3,810 $1,113,500 $979,300 $134,200
2020 $3,723 $1,088,600 $940,100 $148,500
2019 $3,230 $1,068,100 $920,500 $147,600
2018 $3,230 $947,900 $803,000 $144,900
2017 $3,225 $946,500 $763,800 $182,700
2016 $3,100 $910,800 $724,700 $186,100
2015 $2,966 $872,400 $646,300 $226,100
2014 -- $814,100 $587,600 $226,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 Price Changed $1,999,000 -4.4% $578 / Sq Ft
12/22/2024 12/22/24 Price Changed $2,090,000 -4.6% $605 / Sq Ft
10/15/2024 10/15/24 For Sale $2,190,000 0.0% $634 / Sq Ft
11/02/2022 11/02/22 Off Market $1,550 -- --
10/31/2022 10/31/22 Rented $1,550 0.0% --
10/05/2022 10/05/22 For Rent $1,550 0.0% --
06/25/2022 06/25/22 Off Market $1,700,000 -- --
06/24/2022 06/24/22 Sold $1,700,000 +30.8% $492 / Sq Ft
05/28/2022 05/28/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $1,300,000 -- $376 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,275,000 Fidelity National Title
Warranty Deed $1,275,000 Fidelity National Title
Deed -- --
Source: Public Records

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Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202423986

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-3-014-043-0000