$1,650,000
SOLD DEC 11, 2025
-- Bed
-- Bath
3,365 Sq Ft
1938 Built

Recently Sold

$490 Per Sq Ft

8% Below List Price

155 Days on Market

Highlights

  • Corner Lot
  • Central Air
  • Community Storage Space

About This Home

As of December 2025

$100,000 PRICE ADJUSTMENT $242,000 /UNIT 1- 3br, 1-2br, 5-1br. 6.1% CAP RATE PROFORMA for this conveniently located property! Awaiting your offer.. Fully tenanted and recently painted seven unit apartment complex on wide streets. Property used by tenants to park six cars in unmarked spaces. In convenient Kapahulu. Near Waikiki, Ala Moana, restaurants, super market (Safeway and Foodland), other consumer establishments, and bus lines. To be sold in existing As Is condition. Subject to 1031 Exchange. Seller prefers to use Barbara Paulo, Title Guaranty Escrow (Queen St.). Please do not disturb or discuss with tenants. Fully tenanted. No showings. Make an offer subject to inspection.

Last Agent to Sell the Property

Ronald Lee

I2C Realty, Ltd. Brokerage Phone: (808) 386-0953 License #RB-18197 Listed on: 07/09/2025

Last Buyer's Agent

Lucy Shen

eXp Realty License #RS-77203

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,400

Year Built

  • Built in 1938

Lot Details

  • 4,929 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Property is in average condition

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Tar and Gravel Roof
  • Asphalt Roof

Interior Spaces

  • 3,365 Sq Ft Home
  • 2-Story Property
  • Partially Furnished

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • Central Air
  • Above Ground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 1-2-7-035-020-0000

Community Details

Overview

  • 7 Units
  • Kapahulu Subdivision

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $35,492
  • Net Operating Income $103,708

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,400

Year Built

Built in 1938

Lot Details

4,929 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1938
  • Attribution Contact: (808) 386-0953
  • CommunityFeatures: None, Storage Facilities
  • Road Frontage Type: Other
  • LaundryFeatures: None, Other
  • MLS Status: Closed
  • Subdivision Name: KAPAHULU
  • Unit Levels: Two
  • Roof: Asphalt, Shingle, Tar/Gravel
  • Tax Year: 2025
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 2

Exterior Features

  • Construction Type: Hollow Tile, Single Wall, Wood Frame
  • Lot Features: Corner Lot, Other, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: 1031 Exchange

Garage/Parking

  • Parking Features: Open
  • Total Parking Spaces: 6.0
  • Open Parking: Yes

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public

Lot Info

  • Parcel Number: 1-2-7-035-020-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 7
  • Net Operating Income: 103708.0
  • Annual Operating Expense: 35492.0
  • Tenant Pays: Cable TV, Electricity, Gas
  • Total Actual Rent: 11600.0

Tax Info

  • Tax Annual Amount: 5400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2025
Closed on
Dec 5, 2025
Sold by
Pang Family Revocable Trust and Pang Paul Kwok
Bought by
Lin Yan
Seller's Agent
Ronald Lee
I2C Realty, Ltd.
Buyer's Agent
Lucy Shen
eXp Realty
List Price
$1,788,000
Sold Price
$1,650,000
Premium/Discount to List
-$138,000
-7.72%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.33%
Original Mortgage
$950,000
Outstanding Balance
$950,000
Interest Rate
6.17%
Mortgage Type
Construction
Estimated Equity
$671,153

Purchase Details

Closed on
Jun 19, 2002
Sold by
Marciel Vivian and Garnier Diane
Bought by
Pang Paul Kwok and Pang Cecilia Siu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 22, 1999
Sold by
Toguchi Charlotte and Toguchi Charlotte C
Bought by
Toguchi Charlotte C and Charlotte C Toguchi Trust

Purchase Details

Closed on
Apr 30, 1997
Sold by
Bush Joy
Bought by
Bush Joy C and Joy Bush Living Trust
Source: Public Records
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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 $1,650,000 Title Guaranty
Warranty Deed $560,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $950,000 Construction
Previous Owner $100,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2025 12/11/25 Sold $1,650,000 0.0% $490 / Sq Ft
10/31/2025 10/31/25 Off Market $1,650,000 -- --
07/20/2025 07/20/25 Price Changed $1,688,000 -5.6% $502 / Sq Ft
07/09/2025 07/09/25 For Sale $1,788,000 -- $531 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

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 $5,396 $1,545,200 $1,385,100 $160,100
2024 $5,396 $1,541,700 $1,385,100 $156,600
2023 $5,126 $1,464,500 $1,310,900 $153,600
2022 $5,002 $1,429,000 $1,286,200 $142,800
2021 $4,679 $1,336,900 $1,187,200 $149,700
2020 $4,713 $1,346,500 $1,187,200 $159,300
2019 $4,389 $1,254,000 $1,088,300 $165,700
2018 $3,948 $1,127,900 $964,600 $163,300
2017 $3,754 $1,072,600 $890,400 $182,200
2016 $3,395 $970,100 $791,500 $178,600
2015 $3,131 $894,500 $717,300 $177,200
2014 -- $843,100 $667,800 $175,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202515592

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-035-020-0000

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