$1,689,000

Estimated payment $9,509/month

Total Views 2,941
-- Bed
-- Bath
2,496 Sq Ft
$677 Price per Sq Ft

Highlights

  • Level Lot
  • Community Storage Space
  • 4-minute walk to McCully District Park

About This Home

5% CAP-PRIME investment opportunity in the heart of Honolulu! Located at 1671 Citron Street, this well-maintained multi-family property offers exceptional value in a high-demand unbeatable urban setting. The concrete first floor and durable metal roofing provide long-lasting structural integrity, ideal for withstanding Hawaii’s climate. Each of the five units comes with convenient 1:1 parking, a rare and valuable amenity in town. Just steps away from a vibrant mix of restaurants, grocery stores, and shops, this property is ideally positioned for both tenants and investors. Featuring a desirable unit mix of (3) 1-bedroom and (2) 2-bedroom units each with its own lanai and original built-in cabinet storage. This building is separately metered for electricity and includes ample on-site storage. All five units are currently tenant-occupied, month-to-month with rents under-market offering immediate potential to increase income and capture strong rental upside in one of Oahu’s most dynamic neighborhoods. Don’t miss this chance to invest in a high-demand area with consistent and proven rent and property value growth! Building plans, NOI, survey and rent roll available upon request.

Listing Agent

Shane Fuke

Five Star Realty, Inc. Brokerage Phone: (808) 382-6871 License #RS-85663 Listed on: 05/14/2025

Co-Listing Agent

Ky Lao

Five Star Realty, Inc. Brokerage Phone: (808) 382-6871 License #RB-22543

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,672

Year Built

  • Built in 1958

Lot Details

  • 3,800 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 2,496 Sq Ft Home
  • 2-Story Property

Parking

  • 5 Parking Spaces
  • Assigned Parking

Listing and Financial Details

  • Assessor Parcel Number 1-2-3-031-079-0000

Community Details

Overview

  • 5 Units
  • Mccully Subdivision

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $23,885
  • Net Operating Income $84,148

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,672

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Co List Office Mls Id: FIVE
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1958
  • Attribution Contact: (808) 382-6871
  • CommunityFeatures: None, Storage Facilities
  • Road Frontage Type: Other
  • LaundryFeatures: None, Other
  • Co List Office Phone: (808) 382-6871
  • MLS Status: Active
  • Subdivision Name: MCCULLY
  • Unit Levels: Two
  • Roof: Metal
  • Tax Year: 2025
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Stories: 2

Exterior Features

  • Construction Type: Concrete, Wood Frame
  • Lot Features: Other, Level
  • Property Condition: Good Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: Pet on Property, Seller Disclosure

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 5.0

Utilities

  • Utilities: Above Ground Utilities, Electricity Available, Sewer Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Lot Info

  • Parcel Number: 1-2-3-031-079-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 5
  • Net Operating Income: 84148.0
  • Annual Operating Expense: 23885.0
  • Tenant Pays: Cable TV, Electricity
  • Total Actual Rent: 9002.0

Tax Info

  • Tax Annual Amount: 3672.0

Map

Range of Values:

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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 $4,295 $1,230,100 $1,004,500 $225,600
2024 $4,295 $1,227,200 $1,004,500 $222,700
2023 $3,043 $1,109,400 $1,004,500 $104,900
2022 $3,022 $1,003,500 $902,000 $101,500
2021 $2,889 $965,400 $861,000 $104,400
2020 $2,927 $976,200 $861,000 $115,200
2019 $2,994 $975,500 $861,000 $114,500
2018 $2,786 $915,900 $799,500 $116,400
2017 $2,740 $902,800 $758,500 $144,300
2016 $2,515 $838,500 $697,000 $141,500
2015 $2,430 $814,200 $682,000 $132,200
2014 $2,371 $788,300 $660,000 $128,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 For Sale $1,689,000 +7.2% $677 / Sq Ft
11/17/2022 11/17/22 Off Market $1,575,000 -- --
11/15/2022 11/15/22 Sold $1,575,000 -4.5% $631 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $1,650,000 0.0% $661 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $1,650,000 0.0% $661 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $1,650,000 -- $661 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Accommodation/Courtesy Recordi
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

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

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Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202511524

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-3-031-079-0000