1650 Young St Honolulu, HI 96826
McCully-Mō'ili'ili NeighborhoodEstimated payment $75,345/month
Highlights
- City View
- Resident Manager or Management On Site
- High Speed Internet
- 13,900 Sq Ft lot
- Coin Laundry
- 5-minute walk to Pawaa In-Ha Park
About This Home
Have you been looking for an established apartment building with overflowing investment potential and an unparalleled location? You’re in luck! This 42-unit apartment building is perfectly situated in the coveted historic neighborhood of Moiliili close to many restaurants, stores, schools, Kapiolani Medical Center (0.6-miles), Ala Moana Center (0.9-miles), University of Hawaii at Manoa (1.1-miles), and Downtown Honolulu (2.1-miles). Equipped with a gated lower-level parking lot and an upper-level parking lot, this building features 42 1BR/1BA units, 1:1 parking ratio, solid concrete construction, keyed elevator, trash chutes on each level, and a secured community laundry room with 4 washers and 4 dryers. Other considerations include separate electric meters, lovely views, loading zone area, and much more! Call now to find out more about adding this building to your investment portfolio! NOI is actual with many under market rent units. Please contact Listor with additional questions and interior showings will be subjected to accepted offer. Please submit offers on the Commercial Purchase and Sale Agreement form. DO NOT DISTURB tenants.
Listing Agent
Real Estate Specialists Brokerage Phone: (808) 791-3709 License #RB-19796 Listed on: 02/20/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,560
Year Built
- Built in 1973
Lot Details
- 13,900 Sq Ft Lot
- Level Lot
- Cleared Lot
- Property is in good condition
Property Views
- City
- Mountain
Interior Spaces
- 3-Story Property
Laundry
- Dryer
- Washer
Parking
- 42 Parking Spaces
- Covered Parking
- Open Parking
- Assigned Parking
Utilities
- Above Ground Utilities
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 1-2-8-001-037-0000
Community Details
Overview
- 42 Units
- Moiliili Subdivision
Amenities
- Trash Chute
- Coin Laundry
Building Details
- Operating Expense $242,755
- Net Operating Income $174,898
Security
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
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 | $20,011 | $5,730,200 | $3,210,600 | $2,519,600 |
| 2024 | $20,011 | $5,717,300 | $3,210,600 | $2,506,700 |
| 2023 | $19,554 | $5,586,900 | $3,093,900 | $2,493,000 |
| 2022 | $18,284 | $5,224,000 | $2,918,800 | $2,305,200 |
| 2021 | $18,348 | $5,242,200 | $2,802,000 | $2,440,200 |
| 2020 | $18,900 | $5,399,900 | $2,802,000 | $2,597,900 |
| 2019 | $18,459 | $5,274,100 | $2,626,900 | $2,647,200 |
| 2018 | $17,340 | $4,954,300 | $2,393,400 | $2,560,900 |
| 2017 | $16,848 | $4,813,700 | $2,335,000 | $2,478,700 |
| 2016 | $16,268 | $4,648,000 | $2,159,900 | $2,488,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/25/2025 02/25/25 | Rented | $1,500 | 0.0% | -- |
| 01/17/2025 01/17/25 | For Rent | $1,500 | 0.0% | -- |
| 02/20/2024 02/20/24 | For Sale | $14,000,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Tg | |
| Warranty Deed | -- | Tg | |
| Warranty Deed | $4,170,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,300,000 | No Value Available | |
| Closed | $4,300,000 | No Value Available |
Source: HiCentral MLS (Honolulu Board of REALTORS®)
MLS Number: 202403902
APN: 1-2-8-001-037-0000
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Ask me questions while you tour the home.