| Rebate | 20% Buyer's Rebate | $3,500 Flat Fee Selling | 2% Full Service Selling |
|---|---|
| Description | Here is it! 7 Units @ $185k per door!! $61k in NOI for a McCully apartment property! Some upside potential to increase NOI. This property is perfect for the investor looking to get started in the apartment market. The numbers work on this without having to put a 45%-50% down payment (like all the other apartment buildings). Concerned about limited parking? Most of current tenants bike, bus, walk, or Uber around (or find street parking). The property is one street from King St (Major bus line, Restaurants, Grocery, etc.) and draws renters from Downtown to Waikiki to UH Manoa due to the central location. |
| Status | Sold since 04-12-2018 |
| MLS# | 201809364 |
| Price | $1,298,000 |
| Original Price | $1,298,000 |
| Price Change | (0.00%) |
| Studio Units | 4 |
| One Bed Units | 3 |
| Two Bed Units | 0 |
| Three Bed Units | 0 |
| Living Sq Ft | 2,340 |
| Land Sq Ft | 3,116 |
| Land Tenure | FS - Fee Simple |
| Address | 1812 Algaroba Street Honolulu HI 96826 |
| Region | Metro |
| Neighborhood | Mccully |
| Days on Market | 27 |
| Year Built | 1953 |
| Year Remodeled | 2008 |
| Condition | Average |
| View | None |
| Parking | Open |
| Zoning | 33 - BMX-3 Community Business M |
| Flood Zone | Zone AE · See flood zone map · Explain flood zones |
| Monthly Tax | $260 |
| Assessed Land | $666,100 |
| Assessed Building | $151,300 |
| Assessed Total | $817,400 |
| Assessed Ratio | 159% |
| Utilities | Cable, Gas, Internet, Public Water, Sewer Fee, Telephone, Water |
| Construction | Double Wall, Single Wall, Wood Frame |
| Lot Features | Clear |
| Disclosures | None |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Down Slope, Level |
| Stories | One, Two |
| Roofing | Asphalt Shingle |
| Easements | None |
| Parcel # | 1-2-3-028-024-0000 |
| Listing courtesy of | Apartment Advisors, LLC |
Property History from MLS · Top
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-09-2026 | 202612630 | Active Under Contract | A | C | $1,425,000 | $0 | $1,186,500 | $932,600 | $253,900 |
| 07-02-2026 | 202612630 | New Listing | A | $1,425,000 | $0 | $1,186,500 | $932,600 | $253,900 | |
| 07-02-2026 | 202600925 | Cancelled | A | W | $1,495,000 | $0 | $1,177,700 | $932,600 | $245,100 |
| 02-06-2026 | 202600925 | New Listing | A | $1,495,000 | $0 | $1,177,700 | $932,600 | $245,100 | |
| 12-12-2023 | 202305983 | Cancelled | A | W | $1,879,000 | $0 | $1,101,700 | $872,500 | $229,200 |
| 03-09-2023 | 202305983 | New Listing | A | $1,879,000 | $0 | $1,101,700 | $872,500 | $229,200 | |
| 12-01-2022 | 202207686 | Expired | A | X | $1,879,000 | $0 | $1,101,700 | $872,500 | $229,200 |
| 08-11-2022 | 202207686 | Price Decrease | $1,899,000 | $1,879,000 | $1,879,000 | $0 | $1,101,700 | $872,500 | $229,200 |
| 04-29-2022 | 202207686 | Back On Market | C | A | $1,879,000 | $0 | $1,101,700 | $872,500 | $229,200 |
| 04-26-2022 | 202207686 | In Escrow Showing | A | C | $1,879,000 | $0 | $1,101,700 | $872,500 | $229,200 |
| 04-22-2022 | 202207686 | New Listing | A | $1,879,000 | $0 | $1,101,700 | $872,500 | $229,200 | |
| 07-15-2018 | 201809364 | Sold | C | S | $1,298,000 | $1,265,000 | $817,400 | $666,100 | $151,300 |
| 05-09-2018 | 201809364 | In Escrow Showing | A | C | $1,298,000 | $1,265,000 | $817,400 | $666,100 | $151,300 |
| 04-12-2018 | 201809364 | New Listing | A | $1,298,000 | $1,265,000 | $817,400 | $666,100 | $151,300 | |
| 07-10-2017 | 201708770 | Withdrawn | A | W | $1,325,000 | $0 | $774,700 | $627,700 | $147,000 |
| 04-26-2017 | 201708770 | $1,325,000 | $1,325,000 | $0 | $774,700 | $627,700 | $147,000 | ||
| 04-26-2017 | 201708770 | New Listing | A | $1,325,000 | $0 | $774,700 | $627,700 | $147,000 | |
| 03-21-2017 | 201607164 | Withdrawn | A | W | $1,325,000 | $0 | $774,700 | $627,700 | $147,000 |
| 01-31-2017 | 201607164 | Back On Market | P | A | $1,325,000 | $0 | $774,700 | $627,700 | $147,000 |
| 01-13-2017 | 201607164 | In Escrow – Not Showing | C | P | $1,325,000 | $0 | $774,700 | $627,700 | $147,000 |
| 12-28-2016 | 201607164 | Active Continue to Show | A | C | $1,325,000 | $0 | $774,700 | $627,700 | $147,000 |
| 12-08-2016 | 201607164 | Price Decrease | $1,398,000 | $1,325,000 | $1,325,000 | $0 | $774,700 | $627,700 | $147,000 |
| 04-15-2016 | 201607164 | New Listing | A | $1,325,000 | $0 | $774,700 | $627,700 | $147,000 | |
| 04-15-2016 | 201607164 | $1,398,000 | $1,325,000 | $0 | $774,700 | $627,700 | $147,000 | ||
| 05-01-2015 | 201407044 | Expired | A | X | $1,225,000 | $0 | $769,400 | $592,000 | $177,400 |
| 01-10-2015 | 201407044 | Price Decrease | $1,298,800 | $1,225,000 | $1,225,000 | $0 | $769,400 | $592,000 | $177,400 |
| 08-15-2014 | 201407044 | Price Decrease | $1,345,000 | $1,298,800 | $1,225,000 | $0 | $769,400 | $592,000 | $177,400 |
| 07-08-2014 | 201407044 | Price Decrease | $1,395,000 | $1,345,000 | $1,225,000 | $0 | $769,400 | $592,000 | $177,400 |
| 05-01-2014 | 201407044 | New Listing | A | $1,225,000 | $0 | $769,400 | $592,000 | $177,400 | |
| 05-01-2014 | 201407044 | $1,395,000 | $1,225,000 | $0 | $769,400 | $592,000 | $177,400 | ||
| 09-15-2013 | 201326951 | Expired | A | X | $1,288,000 | $0 | $605,700 | $503,200 | $102,500 |
| 06-14-2013 | 201326951 | $1,288,000 | $1,288,000 | $0 | $605,700 | $503,200 | $102,500 | ||
| 06-14-2013 | 201326951 | New Listing | A | $1,288,000 | $0 | $605,700 | $503,200 | $102,500 | |
| 12-30-2010 | 2913375 | Sold | X | S | $1,195,000 | $1,095,000 | $638,400 | $543,000 | $95,400 |
| 10-10-2010 | 2913375 | Expired | A | X | $1,195,000 | $1,095,000 | $638,400 | $543,000 | $95,400 |
| 10-09-2009 | 2913375 | New Listing | A | $1,195,000 | $1,095,000 | $638,400 | $543,000 | $95,400 | |
| 08-14-2009 | 2813481 | Expired | A | X | $1,195,000 | $0 | $594,600 | $503,200 | $91,400 |
| 09-10-2008 | 2813481 | Price Decrease | $1,295,000 | $1,195,000 | $1,195,000 | $0 | $594,600 | $503,200 | $91,400 |
| 09-06-2007 | 2705908 | Sold | P | S | $795,000 | $660,000 | $549,400 | $463,500 | $85,900 |
| 08-19-2007 | 2705908 | Pending | A | P | $795,000 | $660,000 | $549,400 | $463,500 | $85,900 |
| 08-06-2007 | 2705908 | Back On Market | C | A | $795,000 | $660,000 | $549,400 | $463,500 | $85,900 |
| 08-06-2007 | 2705908 | Price Decrease | $950,000 | $795,000 | $795,000 | $660,000 | $549,400 | $463,500 | $85,900 |
| 07-13-2007 | 2705908 | Price Increase | $795,000 | $950,000 | $795,000 | $660,000 | $549,400 | $463,500 | $85,900 |
| 07-13-2007 | 2705908 | Price Decrease | $950,000 | $795,000 | $795,000 | $660,000 | $549,400 | $463,500 | $85,900 |
| 05-03-2007 | 2705908 | Active Continue to Show | A | C | $795,000 | $660,000 | $549,400 | $463,500 | $85,900 |
| 03-22-2007 | 2705908 | New Listing | A | $795,000 | $660,000 | $549,400 | $463,500 | $85,900 | |
| 08-22-2002 | 2108529 | Expired | A | X | $400,000 | $0 | $297,700 | $238,400 | $59,300 |
| 12-10-2001 | 2108529 | Back On Market | P | A | $400,000 | $0 | $297,700 | $238,400 | $59,300 |
| 10-22-2001 | 2108529 | Pending | A | P | $400,000 | $0 | $297,700 | $238,400 | $59,300 |
| 08-23-2001 | 2108529 | New Listing | A | $400,000 | $0 | $297,700 | $238,400 | $59,300 | |
| 04-01-1999 | 9820542 | Expired | A | X | $485,000 | $0 | $414,100 | $357,600 | $56,500 |
| 09-21-1998 | 9820542 | New Listing | A | $485,000 | $0 | $414,100 | $357,600 | $56,500 |
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