Seller's Agent in 2026
Kevin Nishikawa
Marcus Realty
(808) 220-9220
4 in this area
36 Total Sales
--
Bed
--
Bath
8,388
Sq Ft
5,000
Sq Ft Lot
Highlights
- City View
- Coin Laundry
- Property is in excellent condition
- Central Air
- High Speed Internet
- Level Lot
About This Home
As of May 20262848 Date Street presents a rare opportunity to acquire a fully stabilized, renovated multifamily asset in one of Honolulu's most supply-constrained submarkets. With over $450,000 of recent capital improvements, investors can benefit from modernized units, reduced maintenance exposure, and strong in-place income. The property's combination of prime location, consistent occupancy, and upgraded condition positions is a turnkey investment offering immediate cash flow and long-term value appreciation potential. For investors seeking durable performance and exposure to Hawaii's resilient, high-barrier-to-entry multifamily market, 2848 Date Street stands out as a compelling opportunity. Note: One or more photos may have been enhanced.
Last Agent to Sell the Property
Marcus Realty Brokerage Phone: (808) 839-7446 License #RB-17304 Listed on: 11/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,664
Year Built
- Built in 1979
Lot Details
- 5,000 Sq Ft Lot
- Level Lot
- Cleared Lot
- Property is in excellent condition
Property Views
- City
- Mountain
- Garden
Home Design
- Composition Roof
Interior Spaces
- 8,388 Sq Ft Home
- 3-Story Property
Laundry
- Dryer
- Washer
Parking
- 12 Parking Spaces
- Open Parking
- Assigned Parking
Utilities
- Central Air
- Above Ground Utilities
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, parking fee
- Assessor Parcel Number 1-2-7-035-083-0000
Community Details
Overview
- 12 Units
- Kapahulu Subdivision
Additional Features
- Coin Laundry
- Net Operating Income $215,337
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
Nov 17, 2025
Closed on
May 7, 2026
Sold by
Bought by
Seller's Agent
Kevin Nishikawa
Marcus Realty
List Price
$5,100,000
Sold Price
$4,800,000
Premium/Discount to List
-$300,000
-5.88%
Views
47
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.58%
Original Mortgage
$2,600,000
Outstanding Balance
$2,597,594
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$2,486,906
Purchase Details
Closed on
Dec 28, 2020
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
$2,730,000
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 22, 2019
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
$1,650,000
Interest Rate
4.3%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $4,800,000 | Title Guaranty | |
| Deed | -- | Title Guaranty & Escrow Servic | |
| Deed | $3,855,000 | Tg | |
| Deed | $3,855,000 | Tg | |
| Warranty Deed | $2,800,000 | Or |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,600,000 | New Conventional | |
| Closed | $600,000 | No Value Available | |
| Previous Owner | $2,730,000 | Commercial | |
| Previous Owner | $1,650,000 | Commercial |
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 |
|---|---|---|---|---|
| 05/07/2026 05/07/26 | Sold | $4,800,000 | -5.9% | $572 / Sq Ft |
| 11/17/2025 11/17/25 | For Sale | $5,100,000 | -- | $608 / 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 | $11,664 | $3,420,900 | $1,400,000 | $2,020,900 |
| 2025 | $11,664 | $3,332,500 | $1,400,000 | $1,932,500 |
| 2024 | $11,515 | $3,289,900 | $1,400,000 | $1,889,900 |
| 2023 | $11,227 | $3,207,700 | $1,325,000 | $1,882,700 |
| 2022 | $10,709 | $3,059,700 | $1,300,000 | $1,759,700 |
| 2021 | $6,657 | $1,902,100 | $1,200,000 | $702,100 |
| 2020 | $6,817 | $1,947,600 | $1,200,000 | $747,600 |
| 2019 | $5,614 | $1,859,900 | $1,100,000 | $759,900 |
| 2018 | $5,614 | $1,723,900 | $975,000 | $748,900 |
| 2017 | $5,152 | $1,591,900 | $900,000 | $691,900 |
| 2016 | $4,804 | $1,492,500 | $800,000 | $692,500 |
| 2015 | $4,473 | $1,398,000 | $725,000 | $673,000 |
| 2014 | $4,411 | $1,341,500 | $675,000 | $666,500 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Nishikawa
Map
Source: HiCentral MLS (Honolulu Board of REALTORS®)
MLS Number: 202525623
APN: 1-2-7-035-083-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Some of the active listings appearing on this site may be listed by other REALTORS(R). If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2026 HiCentral MLS, Ltd
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