$2,700,000

962 Spencer St Honolulu, HI 96822

Makiki Neighborhood

Estimated payment $14,975/month

Total Views 2,838
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • City View
  • President Abraham Lincoln Elementary School Rated A-
  • 1-Story Property

About This Home

Located in Makiki this property features 2 building with 3 total units. Unique income earning potential on a spacious lot. Bill 7 opportunity? Buyer to do their own due diligence. This property is being sold as is.

Listing Agent

August Lins

Realty 2000, Inc. Brokerage Phone: (808) 942-2120 License #RS-75309 Listed on: 06/23/2025

Co-Listing Agent

Susan Lins

Realty 2000, Inc. Brokerage Phone: (808) 942-2120 License #RS-53911

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,942

Year Built

  • Built in 1959

Lot Details

  • 0.3 Acre Lot
  • Flag Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • City Views

Parking

  • 7 Parking Spaces
  • Covered Parking
  • Open Parking

Listing and Financial Details

  • Assessor Parcel Number 1-2-4-015-056-0000

Community Details

Overview

  • 3 Units
  • Punchbowl Area Subdivision

Building Details

  • Operating Expense $23,000
  • Net Operating Income $85,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,942

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Co List Office Mls Id: REAI
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1959
  • Attribution Contact: (808) 942-2120
  • CommunityFeatures: None
  • Co List Office Phone: (808) 942-2120
  • MLS Status: Active
  • Subdivision Name: PUNCHBOWL AREA
  • Unit Levels: One, Two
  • Roof: Asphalt, Shingle
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Stories: 1

Exterior Features

  • Construction Type: Wood Frame
  • Lot Features: Flag Lot
  • Property Condition: Average Condition
  • Topography: Sloping
  • View: City
  • View: Yes
  • Disclosures: Call Agent, Owner Is Listing Agent, Principal is Real Estate Licensed, Seller Disclosure

Garage/Parking

  • Parking Features: Covered, Open
  • Total Parking Spaces: 7.0
  • Open Parking: Yes

Utilities

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

Lot Info

  • Parcel Number: 1-2-4-015-056-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 85000.0
  • Annual Operating Expense: 23000.0
  • Total Actual Rent: 9000.0

Tax Info

  • Tax Annual Amount: 8942.04

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 $8,942 $2,552,100 $2,242,800 $309,300
2024 $8,942 $2,554,800 $2,242,800 $312,000
2023 $8,890 $2,540,000 $2,242,800 $297,200
2022 $8,692 $2,483,500 $2,198,800 $284,700
2021 $8,112 $2,317,600 $2,022,900 $294,700
2020 $8,141 $2,326,100 $2,022,900 $303,200
2019 $8,146 $2,327,500 $2,022,900 $304,600
2018 $6,891 $1,968,900 $1,671,100 $297,800
2017 $6,995 $1,998,700 $1,627,100 $371,600
2016 $6,691 $1,911,600 $1,539,200 $372,400
2015 $6,085 $1,738,600 $1,384,100 $354,500
2014 -- $1,156,200 $980,300 $175,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2025 06/23/25 For Sale $2,700,000 +58.8% --
04/24/2015 04/24/15 Sold $1,700,000 -5.6% $410 / Sq Ft View Prior Sale
03/25/2015 03/25/15 Pending -- -- --
12/22/2014 12/22/14 For Sale $1,800,000 -- $434 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,476,675 None Available
Warranty Deed $1,700,000 Or
Warranty Deed $1,700,000 Or
Warranty Deed $575,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $460,000 No Value Available
Closed $28,750 No Value Available
Source: Public Records

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202514575

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-4-015-056-0000

Hawaii Honolulu County Honolulu 96822 Makiki

962 Spencer St, Honolulu, HI

For Sale

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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Listing Agent
August Lins
Section Image
Realty 2000, Inc.
(808) 818-5232