$1,380,000
SOLD MAY 23, 2025
-- Bed
-- Bath
2,220 Sq Ft
1939 Built

Recently Sold

$622 Per Sq Ft

7% Below List Price

114 Days on Market

Highlights

  • Tandem Parking
  • Views
  • Coin Laundry
  • President Theodore Roosevelt High School Rated A
  • Central Air
  • Property is in excellent condition

About This Home

As of May 2025

This prime investment opportunity is located in the heart of Moiliili, just minutes from the University of Hawaii, Waikiki, and Ala Moana Shopping Center. Fully occupied and generating consistent income, this property features three separate dwellings, front house was fully renovated in 2023. The front house offers 9 bedrooms and 2.5 bathrooms, split into two levels with 5 bedrooms, 1 bathroom, and a kitchen on each floor. In addition, there is a separate studio in the back with updated appliances and a split AC unit. Renovations include new luxury vinyl flooring, fresh interior and exterior paint, modern countertops, cabinets, fixtures, and brand-new appliances in the kitchens and bathrooms. Currently set up in a dormitory-style arrangement, the property is ideal for student housing or shared living accommodations. Electricity is separately submetered for each unit, and there are sets of coin-operated washers and dryers. The property also features several parking options and a small backyard. Conveniently located near the H1 freeway, bus stops, schools, hospitals, restaurants and city activities, this property is perfectly positioned for strong rental demand.

Last Agent to Sell the Property

Esther Kusunoki

List Sotheby's Int'l Realty Brokerage Phone: (808) 735-2411 License #RB-21002 Listed on: 01/29/2025

Last Buyer's Agent

Abe Lee

Century 21 iProperties Hawaii License #RB-11309

Century 21 iProperties Hawaii

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,721

Year Built

  • Built in 1939

Lot Details

  • 5,000 Sq Ft Lot
  • Level Lot
  • Property is in excellent condition

Home Design

  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 2,220 Sq Ft Home
  • 2-Story Property
  • Property Views

Laundry

  • Dryer
  • Washer

Parking

  • 9 Parking Spaces
  • Covered Parking
  • Tandem Parking
  • Open Parking

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 1-2-8-008-069-0000

Community Details

Overview

  • 3 Units
  • University Subdivision

Amenities

  • Coin Laundry
  • Community Storage Space

Building Details

  • Operating Expense $24,501
  • Net Operating Income $79,711

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,721

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1939
  • Attribution Contact: (808) 735-2411
  • CommunityFeatures: Storage Facilities
  • LaundryFeatures: Coin-operated
  • NAV29_Unit_1_Appliances: Dryer, Washer
  • MLS Status: Closed
  • Subdivision Name: UNIVERSITY
  • Unit Levels: Two
  • Roof: Asphalt, Composition, Shingle
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 2

Exterior Features

  • Construction Type: Hollow Tile, Single Wall
  • Lot Features: Cleared, Other, Level
  • Property Condition: Excellent, Good Condition
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Disclosures: None

Garage/Parking

  • Parking Features: Covered, Open, Tandem
  • Total Parking Spaces: 9.0
  • Open Parking: Yes

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity 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: 1-2-8-008-069-0000
  • Zoning Description: 05 - R-5 Residential District

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 79710.97
  • Annual Operating Expense: 24500.52
  • Tenant Pays: Electricity
  • Total Actual Rent: 8600.0

Tax Info

  • Tax Annual Amount: 6721.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2025
Closed on
May 8, 2025
Sold by
Shoydokov Sayan and Shoydokov Ariuna
Bought by
Lafern Llc
Seller's Agent
Esther Kusunoki
List Sotheby's Int'l Realty
Buyer's Agent
Abe Lee
Century 21 iProperties Hawaii
List Price
$1,489,000
Sold Price
$1,380,000
Premium/Discount to List
-$109,000
-7.32%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.29%

Purchase Details

Listed on
Apr 27, 2023
Closed on
May 18, 2023
Sold by
Sau Kou Moy Revocable Living Trust
Bought by
Shoydokov Sayan and Shoydokov Ariuna
Seller's Agent
Jeremy Long
JER Realty
Buyer's Agent
Esther Kusunoki
List Sotheby's Int'l Realty
List Price
$1,088,000
Sold Price
$1,300,000
Premium/Discount to List
$212,000
19.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.14%
Original Mortgage
$1,000,000
Interest Rate
6.39%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 -- Fam
Warranty Deed -- Fam
Warranty Deed -- Fam
Source: Public Records

Mortgage History

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

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $1,380,000 -7.3% $622 / Sq Ft
01/29/2025 01/29/25 For Sale $1,489,000 +14.5% $671 / Sq Ft
06/22/2023 06/22/23 Off Market $1,300,000 -- --
06/20/2023 06/20/23 Sold $1,300,000 +9.4% $586 / Sq Ft
04/28/2023 04/28/23 Price Changed $1,188,000 +9.2% $535 / Sq Ft
04/27/2023 04/27/23 For Sale $1,088,000 -- $490 / 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 $6,721 $1,376,800 $1,130,500 $246,300
2024 $6,721 $1,238,700 $1,083,000 $155,700
2023 $6,061 $1,180,800 $1,045,000 $135,800
2022 $3,299 $942,500 $792,000 $150,500
2021 $3,070 $877,200 $756,800 $120,400
2020 $3,354 $958,300 $770,000 $188,300
2019 $3,197 $913,500 $726,000 $187,500
2018 $3,103 $886,500 $748,000 $138,500
2017 $2,959 $845,400 $712,800 $132,600
2016 $2,751 $786,000 $660,000 $126,000
2015 $2,741 $783,200 $598,400 $184,800
2014 -- $716,300 $554,400 $161,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202502905

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-8-008-069-0000