$1,500,000
SOLD AUG 25, 2025

720 Mahiai St Honolulu, HI 96826

McCully-Mō'ili'ili Neighborhood
-- Bed
-- Bath
3,032 Sq Ft
1949 Built

Recently Sold

$495 Per Sq Ft

12% Below List Price

193 Days on Market

Highlights

  • Tandem Parking
  • Level Lot
  • Community Storage Space
  • Coin Laundry

About This Home

As of August 2025

WONDERFUL CONVENIENT LOCATION close to KAPAHULU, WAIKIKI, UNIVERSITIES!
2-Story Walk-Up Apartment Building. Coin-Op laundry on site.
2 parking stalls for EACH UNIT (tandem)
Great LAND BANK with SOLID INCOME for a future BILL 7 DEVELOPEMENT Project

Last Agent to Sell the Property

Alan Christopher

CBI Residential Advisory Svcs. Brokerage Phone: (808) 942-7100 License #RB-20664 Listed on: 02/13/2025

Last Buyer's Agent

Jessie Wong

Keller Williams Honolulu License #RS-84750

Keller Williams Honolulu

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,049

Year Built

  • Built in 1949

Lot Details

  • 5,093 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 3,032 Sq Ft Home
  • 2-Story Property

Parking

  • 12 Parking Spaces
  • Tandem Parking
  • Assigned Parking

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 1-2-7-022-022-0000

Community Details

Overview

  • 6 Units
  • Kapiolani Subdivision

Amenities

  • Coin Laundry
  • Community Storage Space

Building Details

  • Operating Expense $29,625
  • Net Operating Income $77,463

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,049

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1949
  • Attribution Contact: (808) 942-7100
  • CommunityFeatures: Storage Facilities
  • LaundryFeatures: Coin-operated
  • MLS Status: Closed
  • Subdivision Name: KAPIOLANI
  • Unit Levels: Two
  • Roof: Asphalt, Shingle
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Stories: 2

Exterior Features

  • Construction Type: Brick, Hollow Tile, Single Wall, Wood Frame
  • Lot Features: Cleared, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: None

Garage/Parking

  • Parking Features: Assigned, Tandem
  • Total Parking Spaces: 12.0

Utilities

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

Lot Info

  • Parcel Number: 1-2-7-022-022-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 6
  • Net Operating Income: 77463.0
  • Annual Operating Expense: 29625.0
  • Tenant Pays: Cable TV, Electricity, Gas
  • Total Actual Rent: 8800.0

Tax Info

  • Tax Annual Amount: 5049.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2011
Sold by
Chun Wendy Matsumoto
Bought by
720 Mahiai Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,000 Tg
Deed $1,000 Tg
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Sold $1,500,000 -11.7% $495 / Sq Ft
02/13/2025 02/13/25 For Sale $1,699,000 -- $560 / 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 $5,049 $1,442,800 $1,242,100 $200,700
2024 $5,049 $1,442,700 $1,242,100 $200,600
2023 $4,761 $1,360,200 $1,166,000 $194,200
2022 $4,539 $1,296,900 $1,115,400 $181,500
2021 $4,386 $1,253,200 $1,064,700 $188,500
2020 $4,945 $1,412,900 $1,216,700 $196,200
2019 $4,586 $1,310,200 $1,115,400 $194,800
2018 $4,118 $1,176,700 $985,900 $190,800
2017 $4,140 $1,182,800 $958,800 $224,000
2016 $3,621 $1,034,500 $814,900 $219,600
2015 $3,580 $1,022,900 $811,200 $211,700
2014 -- $921,100 $713,000 $208,100
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Alan Christopher

    CBI Residential Advisory Svcs.

  • J

    Buyer's Agent in 2025

    Jessie Wong

    Keller Williams Honolulu

    (808) 596-2888

    2 in this area

    6 Total Sales

    Jessie Wong
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202504937

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-022-022-0000

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

720 Mahiai St, Honolulu, HI

This home is located at 720 Mahiai St, Honolulu, HI 96826 and is currently priced at $1,500,000, approximately $494 per square foot. This property was built in 1949. 720 Mahiai 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.

HiCentral MLS (Honolulu Board of REALTORS®) 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 2025 HiCentral MLS, Ltd

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