$5,340,000
RENTED JUL 15, 2025

Estimated payment $30,922/month

Total Views 7,036
-- Bed
-- Bath
5,143 Sq Ft
$1,038 Price per Sq Ft

Highlights

  • City View
  • Level Lot
  • 1-minute walk to Sheridan Community Park
  • Property is in excellent condition

About This Home

Solidly and meticulously constructed in 2022 with exceptional care by the builder-owner, this complex consists of two attached duplex structures totaling four dwelling units: one unit with 3 bedrooms and 3 baths rented for $3500/m, and the other three units with 4 bedrooms and 3 baths rented for $4200/m each. Each dwelling includes an attached two-car garage, making this property ideal for investors or families alike.

Centrally located in the Ala Moana district at the corner of King and Piikoi Streets, this complex is within close proximity to Ala Moana Shopping Center, restaurants, supermarkets, bus routes, hospitals, schools, and all the amenities the City of Honolulu has to offer. The complex is fronted by a city mini-park with a basketball court, providing additional recreational space.

This property represents a rare opportunity for those looking to invest in the entire complex or just own a single dwelling as one’s home in the heart of Honolulu, a world-renowned city.

Listing Agent

Henry Hwang

Savvy Realty & Loans Brokerage Phone: (808) 926-3700 License #RB-18335 Listed on: 10/30/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,481

Year Built

  • Built in 2022

Lot Details

  • 6,561 Sq Ft Lot
  • Level Lot
  • Property is in excellent condition

Home Design

  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 5,143 Sq Ft Home
  • 2-Story Property
  • City Views
  • Laundry in unit

Parking

  • 8 Parking Spaces
  • Covered Parking

Listing and Financial Details

  • Assessor Parcel Number 1-2-3-012-014-0000

Community Details

Overview

  • 4 Units
  • Ala Moana Subdivision

Building Details

  • Operating Expense $25,314
  • Net Operating Income $149,721

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,481

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 2022
  • Attribution Contact: (808) 926-3700
  • CommunityFeatures: None
  • Road Frontage Type: Other
  • LaundryFeatures: In Unit
  • MLS Status: Active
  • Subdivision Name: ALA MOANA
  • Unit Levels: Two
  • Roof: Asphalt, Composition, Shingle
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Stories: 2

Exterior Features

  • Construction Type: Double Wall, Masonry, Concrete, Stucco
  • Lot Features: Cleared, Corner Lot, Level
  • Property Condition: Excellent
  • Topography: Level
  • View: City
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Covered
  • Total Parking Spaces: 8.0

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, Sewer Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Lot Info

  • Parcel Number: 1-2-3-012-014-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 149721.17
  • Annual Operating Expense: 25313.95
  • Tenant Pays: Electricity
  • Total Actual Rent: 12600.0

Tax Info

  • Tax Annual Amount: 16481.04

Map

Range of Values:

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Sold Price
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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 $8,078 $1,673,100 $1,673,100 --
2024 $8,078 $2,308,100 $1,673,100 $635,000
2023 $8,078 $2,308,100 $1,673,100 $635,000
2022 $5,511 $1,574,600 $1,574,600 $0
2021 $5,741 $1,640,300 $1,640,300 $0
2020 $5,511 $1,574,600 $1,574,600 $0
2019 $5,583 $1,595,000 $1,541,800 $53,200
2018 $4,886 $1,395,900 $1,345,000 $50,900
2017 $4,691 $1,340,300 $1,279,400 $60,900
2016 $4,043 $1,275,200 $1,213,800 $61,400
2015 $3,606 $1,150,200 $1,082,600 $67,600
2014 $3,352 $1,013,000 $984,200 $28,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Rented $3,800 -9.5% --
06/30/2025 06/30/25 For Rent $4,200 0.0% --
10/30/2024 10/30/24 For Sale $5,340,000 0.0% $1,038 / Sq Ft
05/08/2024 05/08/24 Rented $4,200 0.0% --
04/24/2024 04/24/24 For Rent $4,200 0.0% --
03/02/2023 03/02/23 Off Market $4,200 -- --
03/01/2023 03/01/23 Rented $4,200 0.0% --
02/03/2023 02/03/23 For Rent $4,200 0.0% --
11/06/2017 11/06/17 Sold $1,225,000 -12.4% $695 / Sq Ft
10/07/2017 10/07/17 Pending -- -- --
06/27/2017 06/27/17 For Sale $1,399,000 -- $794 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,225,000 Or
Warranty Deed $1,225,000 Or
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Limited Warranty Deed -- None Available
Limited Warranty Deed -- None Available
Interfamily Deed Transfer -- --
Warranty Deed $10,000 --
Source: Public Records

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202424544

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-3-012-014-0000