R
Buyer's Agent in 2023
Reciprocal Agent - Oahu
Estimated Value: $4,931,000 - $5,416,877
1
Bed
1
Bath
448
Sq Ft
$11,679/Sq Ft
Est. Value
Highlights
- Ocean View
- Concrete Block With Brick
- Level Lot
- Corner Lot
- Coin Laundry
- 4-minute walk to Lincoln Park
About This Home
As of February 2023GREAT INVESTMENT OPPORTUNITY - RARELY AVAILABE! 42 UNIT APARTMENT COMPLEX in the heart of HILO. 3 story walk-up 2/55 parking stalls. Each unit has an open lanai off of the bedroom. Third floor units offer an "OCEAN" VIEW! Building is comprised of: 35 - 1 bdrm, bath - 448 sq. ft.; 3 - 1 bdrm, bath - 536 sq. ft. (10 STACK); 5 - 2 bdrm, bath - 576 sq. ft. (02 stack - floors 2 & 3; 14 stack - 3 floors). All units electrically metered individually and furnished with a range/oven and refrigerator. A few units have a disposal. Common laundry facility on the ground floor. Conveniently located on the corner of Ululani Street and Kukuau Street, near the center of Hilo's business/retail and visitor districts and 10 minutes to the airport. Many long term tenants with rents below market. Visible, deferred maintenance throughout. Property to be sold in its "as is, where is" condition. SEE ATTACHED FINANCIAL INFORMATION.
Last Buyer's Agent
Reciprocal Agent - Oahu
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $30,153
Year Built
- Built in 1978
Lot Details
- Property fronts a county road
- Corner Lot
- Level Lot
Parking
- Assigned Parking
Home Design
- Concrete Block With Brick
Interior Spaces
- 448 Sq Ft Home
- 3-Story Property
- Ocean Views
- Range
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Utilities
- No Cooling
- No Heating
- Private Sewer
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 3230180740000
Community Details
Overview
- 42 Units
- Hilo Subdivision
Amenities
- Coin Laundry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 8, 2023
Closed on
Feb 14, 2023
Sold by
A P Baker Inc
Bought by
Alya Holding Limited Liability Company
Buyer's Agent
Reciprocal Agent - Oahu
List Price
$398,888
Sold Price
$4,600,000
Premium/Discount to List
$4,201,112
1053.21%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$632,292
Avg. Annual Appreciation
4.42%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alya Holding Limited Liability Company | -- | Title Guaranty & Escrow Servic |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/02/2024 10/02/24 | Off Market | $4,600,000 | -- | -- |
| 05/22/2023 05/22/23 | Off Market | $4,600,000 | -- | -- |
| 02/21/2023 02/21/23 | Sold | $4,600,000 | +1053.2% | $10,268 / Sq Ft |
| 02/07/2023 02/07/23 | Pending | -- | -- | -- |
| 01/08/2023 01/08/23 | For Sale | $398,888 | -- | $890 / Sq Ft |
Source: Hawaii Information Service (MLS Hawaii)
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 | $29,651 | $2,805,900 | $654,800 | $2,151,100 |
| 2024 | $29,651 | $2,771,100 | $523,700 | $2,247,400 |
| 2023 | $30,237 | $2,825,900 | $498,800 | $2,327,100 |
| 2022 | $30,154 | $2,818,100 | $491,000 | $2,327,100 |
| 2021 | $18,970 | $1,772,900 | $431,700 | $1,341,200 |
| 2020 | $19,872 | $1,857,200 | $431,700 | $1,425,500 |
| 2019 | $19,939 | $1,863,500 | $402,400 | $1,461,100 |
| 2018 | $20,056 | $1,874,400 | $377,600 | $1,496,800 |
| 2017 | $20,117 | $1,880,100 | $377,600 | $1,502,500 |
| 2016 | $18,659 | $1,856,600 | $377,600 | $1,479,000 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 667552
APN: 3-2-3-018-074-0000
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.
Copyright 2026 MLS Hawaii, Inc. All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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