| Description | Excellent opportunity to own a well-maintained 7-unit multi-family property in the heart of McCully zoned BMX-3! This income-producing asset features two separate structures comprised of three one-bedroom units and four studio units. The property has been recently renovated, showcasing vinyl plank flooring, fresh exterior paint, and updated finishes that appeal to today’s tenants. A majority of units are occupied, providing immediate and consistent rental income. Conveniently located near shopping, dining and easy access to public transportation, this McCully property offers both revenue and long-term investment potential! *Continuing to show for offers. |
|---|---|
| Status | Contract since 07-02-2026 |
| MLS# | 202612630 |
| Price | $1,425,000 |
| Original Price | $1,425,000 |
| 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 |
| Maintenance Fee | $0 |
| Address | 1812 Algaroba Street Honolulu HI 96826 |
| Region | Metro |
| Neighborhood | Mccully |
| Days on Market | 67 |
| Year Built | 1953 |
| Condition | Above Average,Average |
| View | Mountain |
| Parking | Open |
| Zoning | 33 - BMX-3 Community Business M |
| Flood Zone | Zone AO |
| Elementary | Lunalilo |
| Middle | Washington |
| High | Kaimuki |
| Tax Amount | $344 |
| Assessed Land | $932,600 |
| Assessed Building | $253,900 |
| Assessed Total | $1,186,500 |
| Assessed Ratio | 120% |
| Utilities | Cable, Gas, Internet, Overhead Electricity, Public Water, Water |
| Construction | Slab, Wood Frame |
| Lot Features | Clear |
| Disclosures | None |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Level |
| Roofing | Asphalt Shingle, Composition |
| Easements | None |
| Parcel # | 1-2-3-028-024-0000 |
| Listing courtesy of | REMAX Hawaii |
Property History from MLS
| 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 |
View the public schools for this property · Google Maps · Supermarkets · Schools · Hospitals · Restaurants · Beaches · City Tax Record / Plat Map · View beach access points all over Oahu · Buyer Closing Cost Calculator · Seller Closing Cost Calculator
