| Description | Two-story hollow tile building with 5 one-bedroom units and 8 parking spaces (4 tandem) situated in a highly desirable neighborhood one block from Kuakini Hospital. Rents are below market, and all tenants have 110v outlets for their own laundry. Installing coin laundry and increasing rents will increase income for this well-maintained building. Situated above the street level of North Kuakini, this property has excellent curb appeal and access off the main road. All units are separately metered for electricity, and one master meter for CAM electric. Appraised in October 2023 for $1,460,000. |
|---|---|
| Status | Sold since 09-19-2024 |
| MLS# | 202420735 |
| Price | $1,277,500 |
| Original Price | $1,460,000 |
| Price Change | $-182,500 (-12.50%) |
| Studio Units | 0 |
| One Bed Units | 5 |
| Two Bed Units | 0 |
| Three Bed Units | 0 |
| Living Sq Ft | 2,565 |
| Land Sq Ft | 5,072 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 205 N Kuakini Street Honolulu HI 96817 |
| Region | Metro |
| Neighborhood | Nuuanu-Lower |
| Days on Market | 71 |
| Year Built | 1965 |
| Condition | Excellent |
| View | None |
| Frontage | Other |
| Parking | Assigned |
| Zoning | 11 - A-1 Low Density Apartment |
| Flood Zone | Zone X |
| Tax Amount | $331 |
| Assessed Land | $935,000 |
| Assessed Building | $201,400 |
| Assessed Total | $1,136,400 |
| Assessed Ratio | 112% |
| Utilities | Cable, Internet, Overhead Electricity, Sewer Fee, Water |
| Construction | Hollow Tile |
| Lot Features | Clear |
| Disclosures | None |
| Land Recorded | Regular System |
| Possession | At Closing, Subject To Tenancy |
| Sale Conditions | None |
| Topography | Level, Up Slope |
| Roofing | Other |
| Easements | None |
| Parcel # | 1-1-7-020-029-0000 |
| Listing courtesy of | Commercial Inv. Strategies |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 02-04-2025 | 202420735 | Sold | C | S | $1,277,500 | $1,300,000 | $1,136,400 | $935,000 | $201,400 |
| 11-29-2024 | 202420735 | Active Under Contract | A | C | $1,277,500 | $1,300,000 | $1,136,400 | $935,000 | $201,400 |
| 11-01-2024 | 202420735 | Price Decrease | $1,460,000 | $1,277,500 | $1,277,500 | $1,300,000 | $1,136,400 | $935,000 | $201,400 |
| 09-19-2024 | 202420735 | New Listing | A | $1,277,500 | $1,300,000 | $1,136,400 | $935,000 | $201,400 |
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