$11,000,000
SOLD OCT 9, 2024

1442 Kewalo St Honolulu, HI 96822

Makiki Neighborhood
-- Bed
-- Bath
320 Sq Ft
7,858 Sq Ft Lot

Recently Sold

$34,375 Per Sq Ft

8% Below List Price

524 Days on Market

Highlights

  • City View
  • Coin Laundry
  • Level Lot
  • Central Air
  • Property is in excellent condition

About This Home

As of October 2024

TROPHY 4-Story Concrete Apartment Building in Makiki. 36 units in TURNKEY CONDITION. 3 identical floors of 12 double-loaded units (each with a private lanai). 23 parking stalls + multiple scooter/bike stalls. New Roof in 2019. Gated & Secured. PROFESSIONALLY RUN. 100% occupied

Last Agent to Sell the Property

Alan Christopher

CBI Residential Advisory Svcs. Brokerage Phone: (808) 942-7100 License #RB-20664 Listed on: 05/04/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,336

Year Built

  • Built in 1966

Lot Details

  • 7,858 Sq Ft Lot
  • Level Lot
  • Property is in excellent condition

Home Design

  • Composition Roof

Interior Spaces

  • 3-Story Property
  • City Views

Parking

  • 23 Parking Spaces
  • Assigned Parking

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for air conditioning, cable TV, electricity, gas, parking fee, water
  • Assessor Parcel Number 1-2-4-020-010-0000

Community Details

Overview

  • 36 Units
  • Makiki Area Subdivision

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $165,315
  • Net Operating Income $555,609

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,336

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1966
  • Attribution Contact: (808) 942-7100
  • CommunityFeatures: None, Other
  • LaundryFeatures: Coin-operated
  • MLS Status: Closed
  • Subdivision Name: MAKIKI AREA
  • Unit Levels: Three Or More
  • Roof: Composition, Other
  • Tax Year: 2023
  • Special Features: None
  • Year Renovated: 2005

Exterior Features

  • Construction Type: Concrete
  • Lot Features: Cleared, Interior Lot, Level
  • Property Condition: Excellent, Good Condition
  • Topography: Level
  • View: City, Mountain(s)
  • View: Yes
  • Disclosures: None

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 23.0

Utilities

  • Utilities: Cable Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public

Lot Info

  • Parcel Number: 1-2-4-020-010-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 36
  • Net Operating Income: 555609.0
  • Annual Operating Expense: 165315.0
  • Tenant Pays: Air Conditioning, Cable TV, Electricity, Gas, Parking Fee, Water
  • Total Actual Rent: 52580.0

Tax Info

  • Tax Annual Amount: 15336.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Sep 24, 2024
Sold by
Ueshima Gota and Ueshima Hiroko
Bought by
Amemiya Shoji Godo Gaisha
Seller's Agent
Alan Christopher
CBI Residential Advisory Svcs.
List Price
$12,000,000
Sold Price
$11,000,000
Premium/Discount to List
-$1,000,000
-8.33%
Views
98

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-53.44%

Purchase Details

Closed on
Dec 30, 2015
Sold by
1442 Kewalo Llc
Bought by
Ueshima Gota

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,400,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 15, 2013
Closed on
Feb 24, 2014
Sold by
Ridgeway Five Llc
Bought by
1442 Kewalo Llc
Seller's Agent
Kay Mukaigawa
Engel & Völkers Honolulu
Buyer's Agent
Christina Dwight
Commercial Inv. Strategies
List Price
$5,750,000
Sold Price
$5,800,000
Premium/Discount to List
$50,000
0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.73%
Original Mortgage
$4,290,000
Interest Rate
4.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 2003
Sold by
Yamaguchi Albert S
Bought by
Ridgeway Five Lp

Purchase Details

Closed on
Jan 31, 1995
Sold by
Miyashiro Matsuko
Bought by
Fujisawa Curtis Shigeru and Fujisawa Tammy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $11,000,000 Fntic
Warranty Deed $9,000,000 Fntic
Warranty Deed $9,000,000 Fntic
Warranty Deed $5,800,000 First American Title Co Inc
Warranty Deed $5,800,000 First American Title Co Inc
Limited Warranty Deed $1,677,500 --
Warranty Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,400,000 Commercial
Previous Owner $4,290,000 Commercial
Previous Owner $90,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 Sold $11,000,000 0.0% $34,375 / Sq Ft
09/21/2024 09/21/24 Price Changed $1,457 -0.9% $5 / Sq Ft
09/17/2024 09/17/24 Price Changed $1,470 -2.1% $5 / Sq Ft
08/21/2024 08/21/24 Price Changed $1,502 -1.6% $5 / Sq Ft
08/17/2024 08/17/24 Price Changed $1,527 0.0% $5 / Sq Ft
08/13/2024 08/13/24 Price Changed $1,527 0.0% $5 / Sq Ft
07/30/2024 07/30/24 Price Changed $1,527 0.0% $5 / Sq Ft
07/26/2024 07/26/24 Price Changed $1,527 +1.7% $5 / Sq Ft
07/15/2024 07/15/24 Price Changed $1,502 +3.1% $5 / Sq Ft
07/10/2024 07/10/24 Price Changed $1,457 -4.6% $5 / Sq Ft
07/07/2024 07/07/24 Price Changed $1,527 +1.7% $5 / Sq Ft
06/28/2024 06/28/24 Price Changed $1,502 +5.8% $5 / Sq Ft
06/26/2024 06/26/24 Price Changed $1,420 0.0% $4 / Sq Ft
06/20/2024 06/20/24 Price Changed $1,420 0.0% $4 / Sq Ft
06/18/2024 06/18/24 Price Changed $1,420 0.0% $4 / Sq Ft
06/07/2024 06/07/24 Price Changed $1,420 0.0% $4 / Sq Ft
06/04/2024 06/04/24 Price Changed $1,420 0.0% $4 / Sq Ft
05/29/2024 05/29/24 Price Changed $1,420 0.0% $4 / Sq Ft
05/21/2024 05/21/24 Price Changed $1,420 0.0% $4 / Sq Ft
05/14/2024 05/14/24 Price Changed $1,420 0.0% $4 / Sq Ft
05/12/2024 05/12/24 Price Changed $1,420 0.0% $4 / Sq Ft
04/25/2024 04/25/24 Price Changed $1,420 0.0% $4 / Sq Ft
04/23/2024 04/23/24 Price Changed $1,420 0.0% $4 / Sq Ft
04/18/2024 04/18/24 Price Changed $1,420 +0.6% $4 / Sq Ft
04/17/2024 04/17/24 Price Changed $1,412 -0.6% $4 / Sq Ft
04/10/2024 04/10/24 Price Changed $1,420 +0.6% $4 / Sq Ft
04/10/2024 04/10/24 Price Changed $1,412 -0.6% $4 / Sq Ft
03/23/2024 03/23/24 Price Changed $1,420 +0.6% $4 / Sq Ft
03/22/2024 03/22/24 Price Changed $1,412 -0.6% $4 / Sq Ft
03/12/2024 03/12/24 Price Changed $1,420 0.0% $4 / Sq Ft
02/23/2024 02/23/24 Price Changed $1,420 0.0% $4 / Sq Ft
02/21/2024 02/21/24 Price Changed $1,420 +0.6% $4 / Sq Ft
02/21/2024 02/21/24 Price Changed $1,412 -0.6% $4 / Sq Ft
02/15/2024 02/15/24 Price Changed $1,420 +0.6% $4 / Sq Ft
02/14/2024 02/14/24 Price Changed $1,412 -0.6% $4 / Sq Ft
02/13/2024 02/13/24 Price Changed $1,420 +0.6% $4 / Sq Ft
02/06/2024 02/06/24 Price Changed $1,412 -3.1% $4 / Sq Ft
02/01/2024 02/01/24 Price Changed $1,457 +3.2% $5 / Sq Ft
01/30/2024 01/30/24 Price Changed $1,412 -3.1% $4 / Sq Ft
01/20/2024 01/20/24 Price Changed $1,457 0.0% $5 / Sq Ft
01/12/2024 01/12/24 Price Changed $1,457 +4.4% $5 / Sq Ft
12/28/2023 12/28/23 Price Changed $1,395 0.0% $4 / Sq Ft
12/19/2023 12/19/23 Price Changed $1,395 0.0% $4 / Sq Ft
12/13/2023 12/13/23 Price Changed $1,395 0.0% $4 / Sq Ft
12/06/2023 12/06/23 Price Changed $1,395 0.0% $4 / Sq Ft
11/29/2023 11/29/23 Price Changed $1,395 0.0% $4 / Sq Ft
11/07/2023 11/07/23 Price Changed $1,395 0.0% $4 / Sq Ft
09/22/2023 09/22/23 Price Changed $1,395 0.0% $4 / Sq Ft
09/12/2023 09/12/23 Price Changed $1,395 0.0% $4 / Sq Ft
09/08/2023 09/08/23 Price Changed $1,395 0.0% $4 / Sq Ft
09/06/2023 09/06/23 Price Changed $1,395 0.0% $4 / Sq Ft
08/15/2023 08/15/23 Price Changed $1,395 0.0% $4 / Sq Ft
08/08/2023 08/08/23 Price Changed $1,395 0.0% $4 / Sq Ft
08/02/2023 08/02/23 Price Changed $1,395 0.0% $4 / Sq Ft
07/27/2023 07/27/23 Price Changed $1,395 -4.3% $4 / Sq Ft
07/25/2023 07/25/23 Price Changed $1,457 0.0% $5 / Sq Ft
07/22/2023 07/22/23 Price Changed $1,457 +4.4% $5 / Sq Ft
07/12/2023 07/12/23 Price Changed $1,395 +3.3% $4 / Sq Ft
07/11/2023 07/11/23 Price Changed $1,350 0.0% $4 / Sq Ft
07/08/2023 07/08/23 Price Changed $1,350 -3.2% $4 / Sq Ft
07/01/2023 07/01/23 Price Changed $1,395 0.0% $4 / Sq Ft
06/24/2023 06/24/23 Price Changed $1,395 -1.4% $4 / Sq Ft
06/24/2023 06/24/23 Price Changed $1,415 +1.4% $4 / Sq Ft
06/21/2023 06/21/23 Price Changed $1,395 0.0% $4 / Sq Ft
06/21/2023 06/21/23 For Rent $1,395 -3.1% --
06/16/2023 06/16/23 Price Changed $1,440 +3.2% $5 / Sq Ft
06/14/2023 06/14/23 For Rent $1,395 0.0% --
05/31/2023 05/31/23 Price Changed $1,395 -3.1% $4 / Sq Ft
05/31/2023 05/31/23 Price Changed $1,440 0.0% $5 / Sq Ft
05/27/2023 05/27/23 Price Changed $1,440 0.0% $5 / Sq Ft
05/19/2023 05/19/23 Price Changed $1,440 0.0% $5 / Sq Ft
05/04/2023 05/04/23 For Sale $12,000,000 0.0% $37,500 / Sq Ft
04/22/2023 04/22/23 Price Changed $1,395 -4.8% $4 / Sq Ft
04/21/2023 04/21/23 Price Changed $1,465 +1.7% $5 / Sq Ft
04/18/2023 04/18/23 Price Changed $1,440 -1.7% $5 / Sq Ft
04/17/2023 04/17/23 Price Changed $1,465 +3.2% $5 / Sq Ft
04/14/2023 04/14/23 Price Changed $1,420 -1.4% $4 / Sq Ft
04/13/2023 04/13/23 Price Changed $1,440 0.0% $5 / Sq Ft
04/11/2023 04/11/23 Price Changed $1,440 +1.4% $5 / Sq Ft
04/11/2023 04/11/23 Price Changed $1,420 -1.4% $4 / Sq Ft
04/07/2023 04/07/23 Price Changed $1,440 +1.4% $5 / Sq Ft
04/05/2023 04/05/23 Price Changed $1,420 -1.4% $4 / Sq Ft
03/31/2023 03/31/23 Price Changed $1,440 +1.4% $5 / Sq Ft
03/21/2023 03/21/23 Price Changed $1,420 -1.4% $4 / Sq Ft
03/15/2023 03/15/23 Price Changed $1,440 0.0% $5 / Sq Ft
03/07/2023 03/07/23 Price Changed $1,440 0.0% $5 / Sq Ft
03/03/2023 03/03/23 Price Changed $1,440 +3.2% $5 / Sq Ft
03/02/2023 03/02/23 Price Changed $1,395 -3.1% $4 / Sq Ft
02/02/2023 02/02/23 Price Changed $1,440 +3.2% $5 / Sq Ft
01/27/2023 01/27/23 Price Changed $1,395 -4.8% $4 / Sq Ft
01/26/2023 01/26/23 Price Changed $1,465 +5.0% $5 / Sq Ft
01/25/2023 01/25/23 Price Changed $1,395 -4.8% $4 / Sq Ft
01/24/2023 01/24/23 Price Changed $1,465 +5.0% $5 / Sq Ft
01/21/2023 01/21/23 Price Changed $1,395 -4.8% $4 / Sq Ft
01/12/2023 01/12/23 Price Changed $1,465 0.0% $5 / Sq Ft
01/05/2023 01/05/23 Price Changed $1,465 +3.2% $5 / Sq Ft
01/04/2023 01/04/23 Price Changed $1,420 +1.8% $4 / Sq Ft
12/22/2022 12/22/22 Price Changed $1,395 0.0% $4 / Sq Ft
12/10/2022 12/10/22 Price Changed $1,395 0.0% $4 / Sq Ft
12/06/2022 12/06/22 Price Changed $1,395 -4.8% $4 / Sq Ft
12/02/2022 12/02/22 Price Changed $1,465 0.0% $5 / Sq Ft
11/29/2022 11/29/22 Price Changed $1,465 +22.6% $5 / Sq Ft
11/29/2022 11/29/22 Price Changed $1,195 -17.0% $4 / Sq Ft
11/19/2022 11/19/22 Price Changed $1,440 -1.2% $5 / Sq Ft
08/23/2022 08/23/22 For Rent $1,457 0.0% --
02/28/2014 02/28/14 Sold $5,800,000 +0.9% $18,125 / Sq Ft
01/29/2014 01/29/14 Pending -- -- --
10/15/2013 10/15/13 For Sale $5,750,000 -- $17,969 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Tax History Compared to Growth

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 $15,487 $4,481,300 $1,821,600 $2,659,700
2024 $15,487 $4,424,800 $1,821,600 $2,603,200
2023 $14,747 $4,382,700 $1,821,600 $2,561,100
2022 $14,747 $4,213,300 $1,785,900 $2,427,400
2021 $14,638 $4,182,200 $1,643,000 $2,539,200
2020 $15,142 $4,326,200 $1,643,000 $2,683,200
2019 $15,324 $4,378,400 $1,643,000 $2,735,400
2018 $14,016 $4,004,700 $1,357,300 $2,647,400
2017 $12,861 $3,674,600 $1,321,600 $2,353,000
2016 $9,434 $2,695,500 $1,250,100 $1,445,400
2015 $11,171 $3,191,600 $1,107,200 $2,084,400
2014 -- $2,499,300 $1,021,500 $1,477,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Alan Christopher

    CBI Residential Advisory Svcs.

  • Kay Mukaigawa

    Seller's Agent in 2014

    Kay Mukaigawa

    Engel & Völkers Honolulu

    (808) 479-9090

    15 in this area

    266 Total Sales

    Kay Mukaigawa
    Section Image

  • C

    Buyer's Agent in 2014

    Christina Dwight

    Commercial Inv. Strategies

    (808) 429-1098

    9 in this area

    64 Total Sales

    Christina Dwight
    Section Image
See All Agents

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202310325

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-4-020-010-0000

Hawaii Honolulu County Honolulu 96822 Makiki

1442 Kewalo St, Honolulu, HI

This home is located at 1442 Kewalo St, Honolulu, HI 96822 and is currently priced at $11,000,000, approximately $34,375 per square foot. This property was built in 1966. 1442 Kewalo St is a home located in Honolulu County with nearby schools including Queen Ka'ahumanu Elementary School, President William McKinley High School, and St. Clement's 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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