$2,050,000

Estimated payment $11,780/month

Total Views 204
-- Bed
-- Bath
3,224 Sq Ft
$636 Price per Sq Ft

About This Home

Great return on a perfect starter building! All hollow tile, renovated two story walk up with new floors, kitchens, countertops, appliances, bathroom fixtures, and showers. Newly spall repair and paint in super desirable location between Kuakini Hospital and Kamehameha Shopping Center. Opportunity to add coin laundry for more income and raise rents to market rates. Don't miss out on this investment gem! Buyer to accept survey.

Listing Agent

Christina Dwight

Commercial Inv. Strategies Brokerage Phone: (808) 429-1098 License #RB-20978

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 5,000 Sq Ft Lot
  • Property is in excellent condition

Interior Spaces

  • 3,224 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Parking

  • 6 Parking Spaces
  • Open Parking
  • Assigned Parking

Listing and Financial Details

  • Assessor Parcel Number 1-1-6-015-013-0000

Community Details

Overview

  • 8 Units
  • Kamehameha Heights Subdivision

Building Details

  • Operating Expense $38,570
  • Net Operating Income $100,330

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1964
  • Attribution Contact: (808) 429-1098
  • CommunityFeatures: None
  • Road Frontage Type: Other
  • LaundryFeatures: In Unit
  • MLS Status: Active
  • Subdivision Name: KAMEHAMEHA HEIGHTS
  • Unit Levels: Two
  • Roof: Other
  • Tax Year: 2025
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 2

Exterior Features

  • Construction Type: Hollow Tile, Masonry, Stucco
  • Lot Features: Cleared, Interior Lot
  • Property Condition: Excellent
  • Topography: Sloping
  • View: None
  • View: No
  • Disclosures: 1031 Exchange

Garage/Parking

  • Parking Features: Assigned, Open
  • Total Parking Spaces: 6.0
  • Open Parking: Yes

Utilities

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

Lot Info

  • Parcel Number: 1-1-6-015-013-0000
  • Zoning Description: 05 - R-5 Residential District

Multi Family

  • Number Of Units Total: 8
  • Net Operating Income: 100330.0
  • Annual Operating Expense: 38570.0
  • Tenant Pays: Cable TV, Electricity, Water
  • Total Actual Rent: 11575.0

Tax Info

  • Tax Annual Amount: 43908.0

Map

Range of Values:

Collateral Analytics

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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
2024 $3,659 $1,045,500 $725,000 $320,500
2023 $3,079 $879,800 $688,800 $191,000
2022 $2,779 $793,900 $617,500 $176,400
2021 $2,818 $805,000 $617,500 $187,500
2020 $3,027 $864,800 $665,000 $199,800
2019 $2,627 $750,700 $546,300 $204,400
2018 $2,605 $744,300 $546,300 $198,000
2017 $2,773 $792,400 $546,300 $246,100
2016 $2,779 $794,000 $546,300 $247,700
2015 $2,937 $839,000 $550,000 $289,000
2014 -- $762,100 $475,000 $287,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $2,050,000 +10.8% $636 / Sq Ft
11/06/2023 11/06/23 Sold $1,850,000 0.0% $574 / Sq Ft
11/06/2023 11/06/23 Off Market $1,850,000 -- --
07/12/2023 07/12/23 For Sale $2,025,000 -- $628 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Fam
Deed -- First American Title Of Hawaii
Warranty Deed $495,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 New Conventional
Previous Owner $1,275,000 New Conventional
Source: Public Records

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202512609

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-1-6-015-013-0000