| Description | This is a rare opportunity to own a studio unit in the highly sought-after Makiki building, located in a quiet neighborhood with stunning views of the ocean, city, and mountains. The unit features a spacious lanai, perfect for enjoying the views day or night. With quick freeway access, excellent rental potential, and ample guest parking, this property offers both value and convenience. The leasehold unit is priced well in a well-maintained building, providing an ideal opportunity to personalize the space. Close to shopping, dining, and transit, this affordable home in a prime location combines great potential with a shorter lease term, making it an excellent choice for those seeking a budget-friendly property. All offers will be considered! Current lease with tenant is month-to-month basis & rent amount is $1,550.00. |
|---|---|
| Status | Sold since 03-03-2025 |
| MLS# | 202506105 |
| Price | $48,000 |
| Original Price | $48,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 0 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 403 |
| Land Tenure | LH - Leasehold |
| Maintenance Fee | $518 |
| Lanai Sq Ft | 63 |
| Building | Makikilani Plaza |
| Address | 1560 Thurston Avenue 802 Honolulu HI 96822 |
| Region | Metro |
| Neighborhood | Punchbowl Area |
| Days on Market | 40 |
| Year Built | 1974 |
| Condition | Average |
| View | City, Diamond Head, Mountain, Ocean |
| Frontage | Other |
| Parking | Assigned, Covered - 1, Guest |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone X |
| Tax Amount | $80 |
| Assessed Land | $72,300 |
| Assessed Building | $203,600 |
| Assessed Total | $275,900 |
| Assessed Ratio | 17% |
| Inclusions | AC Window Unit, Disposal, Dryer, Range Hood, Range/Oven, Refrigerator, Washer |
| Amenities | Community Association Pool, Patio/Deck, Recreation Area, Resident Manager, Storage, Trash Chute |
| Construction | Above Ground, Concrete |
| Flooring | Ceramic Tile |
| Disclosures | Call Listor, Licensed Owner, Property Disclosure Stmt |
| Furnished | None |
| Land Recorded | Regular System |
| Possession | 45 Days or Less, At Closing |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Card, Keyed Elevator |
| Leasehold | Lease rent $548 / 2029 · Buy fee |
| Parcel # | 1-2-4-016-005-0034 |
| Listing courtesy of | Five Star Realty, Inc. |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 05-09-2025 | 202506105 | Sold | C | S | $48,000 | $45,500 | $275,900 | $72,300 | $203,600 |
| 04-12-2025 | 202506105 | Active Under Contract | A | C | $48,000 | $45,500 | $275,900 | $72,300 | $203,600 |
| 03-03-2025 | 202506105 | New Listing | A | $48,000 | $45,500 | $275,900 | $72,300 | $203,600 | |
| 06-09-2017 | 201708044 | Sold | P | S | $92,000 | $88,000 | $257,300 | $49,900 | $207,400 |
| 05-22-2017 | 201708044 | In Escrow Not Showing | A | P | $92,000 | $88,000 | $257,300 | $49,900 | $207,400 |
| 05-18-2017 | 201708044 | Back On Market | P | A | $92,000 | $88,000 | $257,300 | $49,900 | $207,400 |
| 05-11-2017 | 201708044 | In Escrow Not Showing | A | P | $92,000 | $88,000 | $257,300 | $49,900 | $207,400 |
| 04-17-2017 | 201708044 | New Listing | A | $92,000 | $88,000 | $257,300 | $49,900 | $207,400 |
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