| Description | This conveniently located property is offered for sale for the first time ever. Lovingly maintained and boasting market-leading features and amenities, this all-concrete building has low average in place rents of $1,304 per month. The property offers 15 covered parking stalls, a desirable unit mix with large floor plans, and lanais for every unit — some exceptionally spacious. Many units have been upgraded with tile or LVT flooring. Each unit is equipped with washer/dryer hookups, and residents also enjoy the convenience of on-site coin-operated laundry, as well as breezy trade winds and nice views. Additional income potential is provided by five storage units. Combining tenant appeal with strong fundamentals, this property is a rare opportunity to secure a high-quality, long-term investment. |
|---|---|
| Status | Sold since 08-27-2025 |
| MLS# | 202518920 |
| Price | $4,650,000 |
| Original Price | $4,650,000 |
| Price Change | (0.00%) |
| Studio Units | 3 |
| One Bed Units | 5 |
| Two Bed Units | 5 |
| Three Bed Units | 1 |
| Living Sq Ft | 9,756 |
| Land Sq Ft | 7,200 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 2318 Lime Street Honolulu HI 96826 |
| Region | Metro |
| Neighborhood | Moiliili |
| Days on Market | 50 |
| Year Built | 1965 |
| Condition | Above Average |
| View | Mountain |
| Frontage | Other |
| Parking | Assigned |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone AO |
| Elementary | Ala Wai |
| Middle | Washington |
| High | Kaimuki |
| Tax Amount | $739 |
| Assessed Land | $1,929,600 |
| Assessed Building | $603,900 |
| Assessed Total | $2,533,500 |
| Assessed Ratio | 184% |
| Utilities | Overhead Electricity, Sewer Fee, Water |
| Construction | Hollow Tile |
| Lot Features | Other |
| Disclosures | None |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Level |
| Roofing | Other |
| Easements | None |
| Parcel # | 1-2-7-005-015-0000 |
| Listing courtesy of | Standard Management LLC |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 12-11-2025 | 202518920 | Sold | C | S | $4,650,000 | $4,150,000 | $2,533,500 | $1,929,600 | $603,900 |
| 10-16-2025 | 202518920 | Active Under Contract | A | C | $4,650,000 | $4,150,000 | $2,533,500 | $1,929,600 | $603,900 |
| 08-28-2025 | 202518920 | New Listing | A | $4,650,000 | $4,150,000 | $2,533,500 | $1,929,600 | $603,900 |
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