1747 Pali Highway

Honolulu HI 96813 · Sold

Description	Are you a savvy real estate investor seeking a centrally-located and fully-occupied apartment building? Look no further! Ideally located in lower Nuuanu only moments from the excitement of Downtown, this 20-unit property offers residents unparalleled comfort with tons of nearby conveniences. Concrete construction, four-floor walkup (5-units per floor) with a 1:1 parking ratio. Each 2BR/1BA unit boasts a well-maintained interior, which includes neutral paint tones, openly flowing layouts, tons of natural light, spacious living room, two large bedrooms, full bathroom, and a fully-equipped kitchen. Residents occupying the first-floor also enjoy the benefit of a private back patio area. Additional considerations include separate electrical meters, easy access to windward side, lovely views, and more! Take advantage of this rare opportunity to add a unique property to your growing portfolio. NOI is actual with many under market rent units. Please contact Listor with additional questions and interior showings will be subjected to accepted offer. Please submit offers on the Commercial Purchase and Sale Agreement form. DO NOT DISTURB tenants.
Status	Sold since 02-20-2024
MLS#	202403860
Price	$7,000,000
Original Price	$7,000,000
Price Change	(0.00%)
Studio Units	0
One Bed Units	0
Two Bed Units	20
Three Bed Units	0
Land Sq Ft	13,830
Land Tenure	FS - Fee Simple
Maintenance Fee	$0
Address	1747 Pali Highway Honolulu HI 96813
Region	Metro
Neighborhood	Punchbowl Area
Days on Market	467
Year Built	1972
Condition	Above Average
View	None
Parking	Assigned, Open
Zoning	12 - A-2 Medium Density Apartme
Flood Zone	Zone X
Tax Amount	$1,270
Assessed Land	$2,510,500
Assessed Building	$1,841,100
Assessed Total	$4,351,600
Assessed Ratio	161%
Utilities	Cable, Internet, Public Water, Telephone, Underground Electricity, Water
Construction	Concrete
Lot Features	Clear
Disclosures	Call Listor
Land Recorded	Land Court
Possession	At Closing
Sale Conditions	None
Topography	Level
Roofing	Other
Easements	None
Parcel #	1-2-2-002-033-0000
Listing courtesy of	Real Estate Specialists

Property History from MLS

Date	MLS#	Change	Old Value	New Value	List Price	Sold Price	Assessed Total	Land	Building
09-14-2025	202403860	Sold	C	S	$7,000,000	$6,500,000	$4,351,600	$2,510,500	$1,841,100
06-03-2025	202403860	Active Under Contract	A	C	$7,000,000	$6,500,000	$4,351,600	$2,510,500	$1,841,100
03-06-2024	202403860	Back On Market	C	A	$7,000,000	$6,500,000	$4,351,600	$2,510,500	$1,841,100
03-04-2024	202403860	Active Under Contract	A	C	$7,000,000	$6,500,000	$4,351,600	$2,510,500	$1,841,100
02-20-2024	202403860	New Listing		A	$7,000,000	$6,500,000	$4,351,600	$2,510,500	$1,841,100
05-13-2012	1105991	Expired	A	X	$4,300,000	$0	$4,581,000	$2,196,200	$2,384,800
05-17-2011	1105991	New Listing		A	$4,300,000	$0	$4,581,000	$2,196,200	$2,384,800
05-01-2011	1005886	Expired	A	X	$4,300,000	$0	$3,849,400	$2,074,500	$1,774,900
05-03-2010	1005886	New Listing		A	$4,300,000	$0	$3,849,400	$2,074,500	$1,774,900
03-20-2010	2904023	Expired	A	X	$4,300,000	$0	$3,601,500	$1,922,900	$1,678,600
11-20-2008	2720371	Expired	A	X	$4,250,000	$0	$3,445,900	$1,828,800	$1,617,100
01-31-2008	2720371	Back On Market	C	A	$4,250,000	$0	$3,445,900	$1,828,800	$1,617,100
11-23-2007	2720371	Active Continue to Show	A	C	$4,250,000	$0	$3,445,900	$1,828,800	$1,617,100
11-21-2007	2720371	New Listing		A	$4,250,000	$0	$3,445,900	$1,828,800	$1,617,100
10-25-2007	2619663	Expired	C	X	$4,250,000	$0	$3,320,900	$1,815,500	$1,505,400
07-09-2007	2619663	Active Continue to Show	A	C	$4,250,000	$0	$3,320,900	$1,815,500	$1,505,400
04-02-2007	2619663	Price Decrease	$4,750,000	$4,250,000	$4,250,000	$0	$3,320,900	$1,815,500	$1,505,400
10-30-2006	2619663	New Listing		A	$4,250,000	$0	$3,320,900	$1,815,500	$1,505,400
10-16-2006	2607238	Expired	A	X	$4,750,000	$0	$3,120,900	$1,615,500	$1,505,400
08-03-2006	2607238	Price Decrease	$4,900,000	$4,750,000	$4,750,000	$0	$3,120,900	$1,615,500	$1,505,400
04-13-2006	2607238	New Listing		A	$4,750,000	$0	$3,120,900	$1,615,500	$1,505,400