NOT LISTED FOR SALE

Estimated Value: $1,625,000 - $1,748,000

-- Bed
1 Bath
3,365 Sq Ft
$503/Sq Ft Est. Value

Sale Details

Date Sold: December 11, 2025

Last sale price $1,650,000 $490 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,544 / mo

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2025
Closed on
Dec 5, 2025
Sold by
Bought by
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
15
Current Estimated Value
$1,693,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,318
Avg. Annual Appreciation
5.11%
Original Mortgage
$950,000
Outstanding Balance
$482,308
Interest Rate
6.17%
Mortgage Type
Construction
Estimated Equity
$1,211,010

Purchase Details

Closed on
Jun 19, 2002
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Apr 30, 1997
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,650,000 Title Guaranty
$560,000 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,408 $1,553,000 $1,385,100 $167,900
2025 $5,408 $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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