$1,938,000
SOLD APR 24, 2025
-- Bed
-- Bath
5,484 Sq Ft
4,667 Sq Ft Lot

Recently Sold

$353 Per Sq Ft

8% Below List Price

245 Days on Market

Highlights

  • City View
  • Level Lot
  • 4-minute walk to Auld Lane Mini Park
  • Coin Laundry

About This Home

As of April 2025

Rarely available retail and multi-family corner property in Kalihi. 3 (three) commercial retail space with frontage, great visibility, and individual restrooms. Apartment building in the back with 5(five) 2 bedroom, 1 bath units and 1 (one) 4 bedroom, 2 bath unit. BMX-3 zoning allows for multiple uses. Property allows for 2 car parking with ample street parking. Near Palama supermarket, Costco, walking distance to Tamashiro Market and King's Gate Plaza. Great for Investors or owner users.

Last Agent to Sell the Property

Alan Christopher

CBI Residential Advisory Svcs. Brokerage Phone: (808) 942-7100 License #RB-20664 Listed on: 09/22/2024

Last Buyer's Agent

Susan Lee

Locations LLC License #RS-77604

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,652

Year Built

  • Built in 1924

Lot Details

  • 4,667 Sq Ft Lot
  • Level Lot

Home Design

  • Masonry
  • Stucco

Interior Spaces

  • 5,484 Sq Ft Home
  • 2-Story Property
  • City Views

Parking

  • 2 Parking Spaces
  • Assigned Parking

Listing and Financial Details

  • Tenant pays for air conditioning, cable TV, electricity, gas, water
  • Assessor Parcel Number 1-1-6-001-004-0000

Community Details

Overview

  • 9 Units
  • Kapalama Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,652

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1924
  • Attribution Contact: (808) 942-7100
  • CommunityFeatures: None
  • Road Frontage Type: Other
  • LaundryFeatures: Coin-operated
  • MLS Status: Closed
  • Subdivision Name: KAPALAMA
  • Unit Levels: Two
  • Roof: Other
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Stories: 2

Exterior Features

  • Construction Type: Masonry, Stucco
  • Lot Features: Corner Lot, Other, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: City
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Parcel Number: 1-1-6-001-004-0000
  • Zoning Description: 33 - BMX-3 Community Business M

Multi Family

  • Number Of Units Total: 9
  • Tenant Pays: Air Conditioning, Cable TV, Electricity, Gas, Water
  • Total Actual Rent: 12550.0

Tax Info

  • Tax Annual Amount: 14652.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2024
Closed on
Apr 9, 2025
Sold by
Trang George G N and Trang Lana Kythi
Bought by
Cho Young Ku and Cho Myung Kyong
Seller's Agent
Alan Christopher
CBI Residential Advisory Svcs.
Buyer's Agent
Susan Lee
Locations LLC
List Price
$2,100,000
Sold Price
$1,938,000
Premium/Discount to List
-$162,000
-7.71%
Views
36
Current Estimated Value
$1,974,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,357
Avg. Annual Appreciation
2.73%
Original Mortgage
$1,361,000
Outstanding Balance
$1,354,959
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$619,398

Purchase Details

Closed on
Jun 14, 1995
Sold by
Walter Beryl Blackshear
Bought by
Walter Family Ltd Partnership
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed -- Old Republic Title
Warranty Deed $2,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,361,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2025 04/24/25 Sold $1,938,000 -2.1% $353 / Sq Ft
11/23/2024 11/23/24 Price Changed $1,980,000 -5.7% $361 / Sq Ft
08/22/2024 08/22/24 For Sale $2,100,000 -- $383 / 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 $14,724 $1,285,200 $1,120,100 $165,100
2024 $14,724 $1,187,400 $1,026,700 $160,700
2023 $14,657 $1,182,000 $1,026,700 $155,300
2022 $15,003 $1,209,900 $1,066,100 $143,800
2021 $13,413 $1,081,700 $933,400 $148,300
2020 $13,518 $1,090,200 $933,400 $156,800
2019 $12,928 $1,042,600 $886,700 $155,900
2018 $11,662 $940,500 $793,400 $147,100
2017 $11,265 $908,500 $723,400 $185,100
2016 $10,640 $858,100 $676,700 $181,400
2015 $9,666 $779,500 $606,700 $172,800
2014 -- $727,700 $560,000 $167,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202421855

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-1-6-001-004-0000