$7,590,000
UNDER CONTRACT

Estimated payment $41,645/month

Total Views 402
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • City View
  • Coin Laundry
  • Level Lot
  • 18,875 Sq Ft lot
  • Property is in excellent condition

About This Home

$230K per unit in solid concrete APT buildings in town !!! Total land area of both properties is 18,875 sq.ft
18- 1bedroom , 15- 2bedroom , 30 parking. Over 6.1% CAP on based on listing price. Property must be sold with TMK: 1-1-7-032-007 (1431 Holelua Place) and the listed price includes 1431 Holelua Place. Property to be sold in it's "AS IS" condition with no Seller concessions. Well maintained and up keep income property by professional management company.

Listing Agent

Esther Kusunoki

List Sotheby's Int'l Realty Brokerage Phone: (808) 735-2411 License #RB-21002 Listed on: 07/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,749

Year Built

  • Built in 1964

Lot Details

  • 0.43 Acre Lot
  • Level Lot
  • Property is in excellent condition

Interior Spaces

  • 3-Story Property
  • City Views

Parking

  • 30 Parking Spaces
  • Assigned Parking

Utilities

  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 1-1-7-032-021-0000

Community Details

Overview

  • 33 Units
  • Liliha Subdivision

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $145,081
  • Net Operating Income $470,459

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,749

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1964
  • Attribution Contact: (808) 735-2411
  • CommunityFeatures: None
  • LaundryFeatures: Coin-operated
  • MLS Status: Active Under Contract
  • Subdivision Name: LILIHA
  • Unit Levels: Three Or More
  • Roof: Other
  • Tax Year: 2024
  • Special Features: UnderContract

Interior Features

  • Furnished: Partially

Exterior Features

  • Construction Type: Hollow Tile, Concrete
  • Lot Features: Cleared, Interior Lot, Irregular Lot, Other, Level
  • Property Condition: Excellent, Good Condition
  • Topography: Level
  • View: City, Mountain(s), None
  • View: No
  • Disclosures: 1031 Exchange, None

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 30.0

Utilities

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

Lot Info

  • Parcel Number: 1-1-7-032-021-0000
  • Zoning Description: 32 - B-2 Community Business Dis

Multi Family

  • Number Of Units Total: 33
  • Net Operating Income: 470459.41
  • Annual Operating Expense: 145080.59
  • Tenant Pays: Cable TV, Electricity, Gas
  • Total Actual Rent: 50595.0

Tax Info

  • Tax Annual Amount: 18748.8

Map

Range of Values:

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Average Value
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Sold Price
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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 $16,599 $4,739,000 $3,450,400 $1,288,600
2024 $16,599 $4,742,700 $3,450,400 $1,292,300
2023 $16,463 $4,703,800 $3,450,400 $1,253,400
2022 $17,934 $5,124,100 $3,928,600 $1,195,500
2021 $16,413 $4,689,300 $3,416,200 $1,273,100
2020 $16,720 $4,777,000 $3,416,200 $1,360,800
2019 $15,944 $4,555,300 $3,160,000 $1,395,300
2018 $14,608 $4,173,700 $2,818,400 $1,355,300
2017 $14,792 $4,226,300 $3,006,300 $1,220,000
2016 $14,036 $4,010,200 $2,779,900 $1,230,300
2015 $14,807 $4,230,500 $2,391,300 $1,839,200
2014 -- $3,807,200 $2,476,800 $1,330,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 For Sale $7,590,000 -- --
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Exchange Deed -- Title Guaranty
Exchange Deed $5,999,999 Title Guaranty
Exchange Deed -- Title Guaranty
Warranty Deed $5,100,000 Fidelity National Title & Es
Warranty Deed $5,100,000 Fidelity National Title & Es
Deed $4,480,000 Tg
Deed $3,400,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,500,000 New Conventional
Closed $3,500,000 New Conventional
Previous Owner $5,050,000 Unknown
Previous Owner $4,080,000 Commercial
Previous Owner $4,080,000 Commercial
Previous Owner $5,500,000 Commercial
Previous Owner $10,000,000 Commercial
Previous Owner $2,550,000 Commercial
Source: Public Records

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202516524

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-1-7-032-021-0000