$1,490,000
$9K PRICE DROP

Estimated payment $8,593/month

Total Views 9,924
-- Bed
-- Bath
1,184 Sq Ft
$1,258 Price per Sq Ft

Highlights

  • Ocean View
  • Tandem Parking
  • Level Lot
  • King Liholiho Elementary School Rated A-
  • Central Air
  • 4-minute walk to Kapaolono Community Park

About This Home

SELLERS OFFERING A $10,000 CREDIT TOWARDS BUYERS CLOSING COSTS. Your chance to own this updated income producing property is here! This property features 2 SEPARATE DWELLINGS. A 2 bed, 1 bath (detached, front house w/ 2 car carport, 768sf) and a separate 1 bed, 1 bath (back house w/ 1 car carport, 416sf). Both homes have been updated as of 2023. Superior location, close to Kapiolani Community College, Diamond Head Theater, Kahala Mall, and ultra desirable Kaimuki! Just minutes away from Waikiki but also tucked away on a quiet private street. This property has mature lychee tree, papaya, and dragon fruit! Perfect property to live in one and rent out the other to offset your mortgage! Both homes have their own separate meters, washer dryers, water heaters etc. This is perfect for those looking for the privacy of a single family home while generating rental income! The back house passed an ADU pre-check (dated Oct 2022) Schedule your showing today!

Listing Agent

David Lee

Real Broker, LLC Brokerage Phone: (855) 450-0442 License #RB-23249 Listed on: 06/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,176

Year Built

  • Built in 1945

Lot Details

  • 5,000 Sq Ft Lot
  • Level Lot

Property Views

  • Ocean
  • Coastline
  • City

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 1,184 Sq Ft Home
  • 1-Story Property

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Covered Parking
  • Tandem Parking
  • Open Parking

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 1-3-2-031-026-0000

Community Details

Overview

  • 2 Units
  • Kaimuki Subdivision

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $6,200
  • Net Operating Income $69,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,176

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1945
  • Attribution Contact: (855) 450-0442
  • CommunityFeatures: Storage Facilities
  • LaundryFeatures: In Unit
  • NAV29_Unit_1_Appliances: Dryer, Washer
  • MLS Status: Active
  • Subdivision Name: KAIMUKI
  • Unit Levels: One
  • Roof: Asphalt, Composition, Shingle
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Stories: 1

Exterior Features

  • Construction Type: Single Wall, Wood Frame
  • Lot Features: Cleared, Level
  • Property Condition: Good Condition
  • Topography: Level
  • View: Coastline, City, Mountain(s), Ocean
  • View: Yes
  • Disclosures: Owner Is Listing Agent, Principal is Real Estate Licensed

Garage/Parking

  • Parking Features: Covered, Open, Tandem
  • Total Parking Spaces: 6.0
  • Open Parking: Yes

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public

Lot Info

  • Parcel Number: 1-3-2-031-026-0000
  • Zoning Description: 05 - R-5 Residential District

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 69400.0
  • Annual Operating Expense: 6200.0
  • Tenant Pays: Air Conditioning, Cable TV, Electricity, Water
  • Total Actual Rent: 6300.0

Tax Info

  • Tax Annual Amount: 4176.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,631 $1,193,000 $1,050,000 $143,000
2024 $5,631 $1,143,100 $1,000,000 $143,100
2023 $5,083 $1,095,000 $1,000,000 $95,000
2022 $3,461 $988,900 $900,000 $88,900
2021 $3,231 $923,000 $830,000 $93,000
2020 $4,670 $1,016,200 $830,000 $186,200
2019 $3,187 $992,200 $800,000 $192,200
2018 $3,187 $910,500 $770,000 $140,500
2017 $3,217 $919,000 $750,000 $169,000
2016 $3,077 $879,100 $750,000 $129,100
2015 $2,902 $829,100 $720,000 $109,100
2014 -- $732,600 $650,000 $82,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/04/2025 07/04/25 Price Changed $1,490,000 -0.6% $1,258 / Sq Ft
05/15/2025 05/15/25 For Sale $1,498,888 +26.0% $1,266 / Sq Ft
11/24/2022 11/24/22 Off Market $1,190,000 -- --
11/23/2022 11/23/22 Sold $1,190,000 -0.2% $1,005 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $1,192,000 -- $1,007 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,190,000 None Listed On Document
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,011,500 No Value Available
Source: Public Records

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Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202513713

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-3-2-031-026-0000