| Description | Exceptional Investment opportunity! Discover the potential of this expansive and level 18,000+ square foot lot, zoned R-3.5, located in the Kalihi neighborhood. This property offers a myriad of possibilities: renovate the existing dwellings to continue generating income, add additional units, or build brand new structures. The zoning and lot size allow for the potential development of up to 5 new dwellings (buyers to conduct their own due diligence and verification). Currently, the property features three existing homes: a spacious 3-bedroom, 1-bath unit, and two 2-bedroom, 1-bath units. Please respect the privacy of the tenants and refrain from walking on the property without a confirmed appointment. Tax office records do not match actual square footage and bed/bathroom count. |
|---|---|
| Status | Sold since 09-27-2024 |
| MLS# | 202421983 |
| Price | $1,950,000 |
| Original Price | $1,950,000 |
| Price Change | (0.00%) |
| Studio Units | 0 |
| One Bed Units | 0 |
| Two Bed Units | 2 |
| Three Bed Units | 1 |
| Living Sq Ft | 3,019 |
| Land Sq Ft | 18,839 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 1221 Gulick Avenue Honolulu HI 96819 |
| Region | Metro |
| Neighborhood | Kalihi-Lower |
| Days on Market | 59 |
| Year Built | 1923 |
| Condition | Needs Major Repair,Tear Down |
| View | Mountain |
| Parking | Open |
| Zoning | 07 - R-3.5 Residential District |
| Flood Zone | Zone X |
| Tax Amount | $607 |
| Assessed Land | $1,833,200 |
| Assessed Building | $247,300 |
| Assessed Total | $2,080,500 |
| Assessed Ratio | 94% |
| Utilities | Overhead Electricity, Public Water |
| Construction | Above Ground, Wood Frame |
| Lot Features | Clear, Irregular |
| Disclosures | Property Disclosure Stmt |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Level |
| Roofing | Composition |
| Easements | None |
| Parcel # | 1-1-3-007-067-0000 |
| Listing courtesy of | Coldwell Banker Realty |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 01-16-2025 | 202421983 | Sold | C | S | $1,950,000 | $1,820,000 | $2,080,500 | $1,833,200 | $247,300 |
| 11-25-2024 | 202421983 | Active Under Contract | A | C | $1,950,000 | $1,820,000 | $2,080,500 | $1,833,200 | $247,300 |
| 09-27-2024 | 202421983 | New Listing | A | $1,950,000 | $1,820,000 | $2,080,500 | $1,833,200 | $247,300 |
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