NOT LISTED FOR SALE

635 Hausten St Honolulu, HI 96826

McCully-Mō'ili'ili Neighborhood

Estimated Value: $1,533,073 - $2,106,000

8 Beds
6 Baths
3,236 Sq Ft
$541/Sq Ft Est. Value

Last Sold November 16, 2016

Last sale price $1,650,000 $510 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,827/month

166 Days on Market

Highlights

  • Tandem Parking
  • Level Lot
  • 3-minute walk to Date Street Mini Park
  • Coin Laundry
  • 1-Story Property

About This Home

As of November 2016

Solid 6 unit apartment complex in Moiliili area. Perfect investment property with super strong cashflow! Actual Income!! All units at market rents so building is turn-key! High demand rental area and easy to manage. Front building is concrete and has 4 units (1 - 3 bd, 1 - Studio, and 2 - 1 bd). Back duplex has 2 units (2 - 2 bd / 1 ba) with units fully renovated (i.e. New showers, flooring, and updated cabs / counters, fixtures, and paint). Listed with only 5 parking stalls but big driveway area allows some tenants to park tandem.

Last Agent to Sell the Property

Jared Ikeda

Apartment Advisors LLC License #RB-19914 Listed on: 05/04/2016

Co-Listed By

Jaffy Lau

Sincere Realty License #RB-22456

Last Buyer's Agent

Craig Hanashiro

Decision Realty License #RB-16091

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,924

Year Built

  • Built in 1950

Lot Details

  • 5,200 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 3,236 Sq Ft Home
  • 1-Story Property

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Covered Parking
  • Tandem Parking
  • Assigned Parking

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 1-2-7-014-018-0000

Community Details

Overview

  • 6 Units
  • Moiliili Subdivision

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $37,399
  • Net Operating Income $72,761

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,924

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Architectural Style: Fourplex
  • Co List Office Mls Id: APTA
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1950
  • CommunityFeatures: None
  • LaundryFeatures: Coin-operated, In Unit
  • NAV29_Unit_1_Appliances: Dryer, Washer
  • Co List Office Phone: (808) 664-3296
  • MLS Status: Closed
  • Subdivision Name: MOILIILI
  • Unit Levels: One, Two
  • Roof: Asphalt, Other, Shingle
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 1

Exterior Features

  • Construction Type: Double Wall, Hollow Tile, Single Wall, Wood Frame
  • Lot Features: Cleared, Interior Lot, Level
  • Property Condition: Average Condition, Good Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: 1031 Exchange, Pet on Property

Garage/Parking

  • Parking Features: Assigned, Covered, Tandem
  • Total Parking Spaces: 5.0

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Other, Phone Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Lot Info

  • Parcel Number: 1-2-7-014-018-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 6
  • Net Operating Income: 72761.0
  • Annual Operating Expense: 37399.0
  • Tenant Pays: Electricity, Gas, Other
  • Total Actual Rent: 9180.0

Tax Info

  • Tax Annual Amount: 3924.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2016
Closed on
Nov 14, 2016
Sold by
Ww Hausten Property Llc
Bought by
Jinbo George I
Seller's Agent
Jared Ikeda
Apartment Advisors LLC
Buyer's Agent
Craig Hanashiro
Decision Realty
List Price
$1,725,000
Sold Price
$1,650,000
Premium/Discount to List
-$75,000
-4.35%
Current Estimated Value
$1,712,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,461
Avg. Annual Appreciation
0.94%

Purchase Details

Listed on
Sep 18, 2014
Closed on
Feb 25, 2015
Sold by
Haiku Realty Ltd
Bought by
Ww Hausten Property Llc
Seller's Agent
Dan Ihara
Keller Williams Honolulu
Buyer's Agent
Jared Ikeda
Apartment Advisors LLC
List Price
$1,395,000
Sold Price
$1,185,000
Premium/Discount to List
-$210,000
-15.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.64%
Original Mortgage
$640,000
Interest Rate
3.61%
Mortgage Type
Unknown

Purchase Details

Closed on
May 7, 2004
Sold by
Kusunoki Carlton Kazumi
Bought by
Old Republic Exchange Facilitator Co Ca

Purchase Details

Closed on
Jan 9, 2002
Sold by
Chang Earl L
Bought by
Kusunoki Carlton Kazumi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.01%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jinbo George I $1,650,000 Fhtc
Jinbo George I $1,650,000 Fhtc
Ww Hausten Property Llc $1,185,000 Tg
Ww Hausten Property Llc $1,185,000 Tg
Old Republic Exchange Facilitator Co Ca $812,500 --
Kusunoki Carlton Kazumi $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ww Hausten Property Llc $640,000
Previous Owner Kusunoki Carlton Kazumi $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2016 11/16/16 Sold $1,650,000 -4.3% $510 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $1,725,000 +45.6% $533 / Sq Ft
03/11/2015 03/11/15 Sold $1,185,000 -15.1% $366 / Sq Ft
02/09/2015 02/09/15 Pending -- -- --
09/18/2014 09/18/14 For Sale $1,395,000 -- $431 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Tax History Compared to Growth

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 $5,412 $1,548,500 $1,261,800 $286,700
2024 $5,412 $1,546,200 $1,261,800 $284,400
2023 $5,117 $1,461,900 $1,184,500 $277,400
2022 $4,888 $1,396,500 $1,133,000 $263,500
2021 $4,736 $1,353,100 $1,081,500 $271,600
2020 $5,262 $1,503,500 $1,236,000 $267,500
2019 $4,895 $1,398,600 $1,133,000 $265,600
2018 $4,406 $1,258,900 $998,400 $260,500
2017 $4,476 $1,278,800 $969,000 $309,800
2016 $3,797 $1,084,900 $832,000 $252,900
2015 $3,924 $1,121,200 $824,000 $297,200
2014 -- $1,018,500 $728,000 $290,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jared Ikeda

    Apartment Advisors LLC

    (808) 664-3296

    1 in this area

    8 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Jaffy Lau

    Sincere Realty

    (808) 342-0789

    2 Total Sales

    Section Image

  • C

    Buyer's Agent in 2016

    Craig Hanashiro

    Decision Realty

    (808) 235-8300

    2 in this area

    15 Total Sales

    Section Image
  • Dan Ihara

    Seller's Agent in 2015

    Dan Ihara

    Keller Williams Honolulu

    (808) 291-9733

    23 in this area

    454 Total Sales

    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201611329

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-014-018-0000

Hawaii Honolulu County Honolulu 96826 McCully-Mō'ili'ili

635 Hausten St, Honolulu, HI

This home is located at 635 Hausten St, Honolulu, HI 96826 since 04 May 2016 and is currently estimated at $1,751,518, approximately $541 per square foot. This property was built in 1950. 635 Hausten St is a home located in Honolulu County with nearby schools including Ala Wai Elementary School, President George Washington Middle School, and Kaimuki High School.

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.

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Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd

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