$6,300,000
SOLD JUN 26, 2026
-- Bed
-- Bath
18,669 Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: June 26, 2026

$337 Per Sq Ft

10% Below List Price

77 Days on Market

Highlights

  • Garden View
  • Resident Manager or Management On Site
  • High Speed Internet
  • Interior Lot

About This Home

As of June 2026

Calling all seasoned investors-Diamond in the rough! Make this property your crown jewel. Priceless mural on front of building by renowned artist, Hon Chew Hee. Unbeatable location and ultimate desirability for this value-add opportunity. Poured concrete / hollow tile structure with 39 existing units (38 legal: laundry room converted into a studio (19 one-beds, 20 studios) with 21 parking: 16 covered + 5 uncovered. All systems need replacing, and all interiors need to be upgraded. WD hookups on DH end of bldg. Please see agent showing remarks for more information.

Last Agent to Sell the Property

Christina Dwight

Commercial Inv. Strategies Brokerage Phone: (808) 429-1098 License #RB-20978 Listed on: 04/10/2026

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,335

Year Built

  • Built in 1962

Lot Details

  • 13,123 Sq Ft Lot
  • Interior Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Masonry
  • Stucco

Interior Spaces

  • 18,669 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Garden Views

Parking

  • 21 Parking Spaces
  • Covered Parking
  • Open Parking

Utilities

  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Tenant pays for cable TV
  • Assessor Parcel Number 1-2-4-024-031-0000

Community Details

Overview

  • 39 Units
  • Makiki Area Subdivision

Building Details

  • Operating Expense $178,952
  • Net Operating Income $200,608

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,335

Year Built

Built in 1962

Lot Details

0.3 Acres

Listing Details

  • LandTenure: Fee Simple
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1962
  • Attribution Contact: (808) 429-1098
  • CommunityFeatures: None
  • Road Frontage Type: Other
  • LaundryFeatures: None
  • Association Amenities: Management
  • MLS Status: Closed
  • Subdivision Name: MAKIKI AREA
  • Unit Levels: Three Or More
  • Roof: Other
  • Tax Year: 2025
  • Special Features: None

Interior Features

  • Furnished: Partially

Exterior Features

  • Construction Type: Hollow Tile, Masonry, Stucco
  • Lot Features: Cleared, Interior Lot, Level
  • Property Condition: Repairs Major
  • Topography: Level
  • View: Garden
  • View: Yes
  • Disclosures: None

Garage/Parking

  • Parking Features: Covered, Open
  • Total Parking Spaces: 21.0
  • Open Parking: Yes

Utilities

  • Utilities: Cable 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: 1-2-4-024-031-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 39
  • Net Operating Income: 200608.0
  • Annual Operating Expense: 178952.0
  • Tenant Pays: Cable TV
  • Total Actual Rent: 31630.0

Tax Info

  • Tax Annual Amount: 15334.92

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2026
Closed on
Jun 12, 2026
Sold by
Bought by
Seller's Agent
Christina Dwight
Commercial Inv. Strategies
List Price
$6,998,000
Sold Price
$6,300,000
Premium/Discount to List
-$698,000
-9.97%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Makiki, HI

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $6,300,000 Fam
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/26/2026 06/26/26 Sold $6,300,000 -10.0% $337 / Sq Ft
04/10/2026 04/10/26 For Sale $6,998,000 -- $375 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $15,518 $4,509,500 $2,828,500 $1,681,000
2025 $15,518 $4,433,700 $2,828,500 $1,605,200
2024 $15,335 $4,381,300 $2,828,500 $1,552,800
2023 $15,320 $4,377,200 $2,828,500 $1,548,700
2022 $14,712 $4,203,300 $2,773,100 $1,430,200
2021 $14,239 $4,068,200 $2,551,200 $1,517,000
2020 $14,623 $4,177,900 $2,551,200 $1,626,700
2019 $14,592 $4,169,000 $2,551,200 $1,617,800
2018 $12,998 $3,713,700 $2,107,500 $1,606,200
2017 $12,488 $3,567,900 $2,052,100 $1,515,800
2016 $11,996 $3,427,300 $1,941,100 $1,486,200
2015 $11,093 $3,169,300 $1,719,300 $1,450,000
2014 -- $2,883,300 $1,442,000 $1,441,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202607036

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-4-024-031-0000

Your Personal Tour Guide

Ask me questions while you tour the home.