$7,700,000
SOLD MAY 30, 2025
-- Bed
-- Bath
20,804 Sq Ft
0.49 Acres

Recently Sold

$370 Per Sq Ft

21% Below List Price

193 Days on Market

Highlights

  • 21,410 Sq Ft lot
  • Level Lot
  • 3-minute walk to Mōʻiliʻili Neighborhood Park
  • Views

About This Home

As of May 2025

NEW PRICING! You've probably driven by this property a million times and its finally on the market for sale! 30 one-bedroom/one-bath units plus 2 commercial units with 40 parking stalls! HUGE 21,410 square foot BMS-3 zoned parcel in the McCully/Moiliili neighborhood between Isenberg and McCully Streets! Roughly half the units have been remodeled. Income and expenses are proforma. Separate electrical meters with individual water heaters. No washer/dryers currently on premises. One or more photos have been enhanced for this listing.

Last Agent to Sell the Property

Kevin Nishikawa

Marcus Realty Brokerage Phone: (808) 839-7446 License #RB-17304 Listed on: 11/18/2024

Co-Listed By

Peter Lee

Marcus Realty Brokerage Phone: (808) 839-7446 License #RB-13464

Last Buyer's Agent

Christina Dwight

Commercial Inv. Strategies License #RB-20978

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $84,864

Year Built

  • Built in 1970

Lot Details

  • 0.49 Acre Lot
  • Level Lot

Home Design

  • Slab Foundation

Interior Spaces

  • 20,804 Sq Ft Home
  • 3-Story Property
  • Property Views

Parking

  • 40 Parking Spaces
  • Covered Parking
  • Open Parking
  • Assigned Parking

Utilities

  • Underground Utilities

Listing and Financial Details

  • Tenant pays for air conditioning, cable TV, electricity
  • Assessor Parcel Number 1-2-8-004-037-0000

Community Details

Overview

  • 32 Units
  • Moiliili Subdivision

Building Details

  • Operating Expense $235,185
  • Net Operating Income $264,615

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$84,864

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Co List Office Mls Id: MARC
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1970
  • Attribution Contact: (808) 839-7446
  • CommunityFeatures: None
  • LaundryFeatures: None
  • Co List Office Phone: (808) 839-7446
  • MLS Status: Closed
  • Subdivision Name: MOILIILI
  • Unit Levels: Three Or More
  • Roof: Other
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Furnished: Partially

Exterior Features

  • Construction Type: Hollow Tile, Concrete
  • Lot Features: Corner Lot, Other, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Disclosures: Principal is Real Estate Licensed
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Assigned, Covered, Open
  • Total Parking Spaces: 40.0
  • Open Parking: Yes

Utilities

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

Lot Info

  • Parcel Number: 1-2-8-004-037-0000
  • Zoning Description: 33 - BMX-3 Community Business M

Multi Family

  • Number Of Units Total: 32
  • Net Operating Income: 264615.0
  • Annual Operating Expense: 235185.0
  • Tenant Pays: Air Conditioning, Cable TV, Electricity
  • Total Actual Rent: 41650.0

Tax Info

  • Tax Annual Amount: 84864.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $7,700,000 0.0% $370 / Sq Ft
05/12/2025 05/12/25 Off Market $7,700,000 -- --
01/23/2025 01/23/25 Price Changed $8,950,000 -8.7% $430 / Sq Ft
11/18/2024 11/18/24 For Sale $9,800,000 -- $471 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202426828

HiCentral MLS (Honolulu Board of REALTORS®)