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718 Kaaloa Street

Honolulu HI 96826 · Sold

718 Kaaloa Street

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DescriptionLocated in the heart of Honolulu, this spacious two-story property is currently divided into two separate units (upstairs and downstairs), each with its own kitchen, 4-bedrooms and 2-bathrooms. Each current unit could potentially be divided into two 2-bedroom units, with 1 bath, with plumbing set up for a kitchen to be built. For maximum income potential, this property could have 4 units, each with a kitchen, 2-bedrooms, 1 bathroom and separate entries. More options could be possible with special Apartment A-2 zoning and upstairs and downstairs are separately metered for water and electricity. Downstairs unit has 8 leased solar panels and property has ample parking space. Prime location close to UH, Ala Moana Shopping Center, restaurants and entertainment, makes it desirable for both convenience and investment. Whether you are looking to generate income, or create a home tailored to your lifestyle, don’t miss this rare opportunity to create something special!
StatusSold since 01-13-2025
MLS#202501789
Price$2,100,000
Original Price$2,100,000
Price Change (0.00%)
Beds / Baths / Half8 / 4 / 0
Parking Spaces8
Living Sq Ft3,360
Land Sq Ft6,914
Land TenureFS - Fee Simple
Maintenance Fee$0
Address718 Kaaloa Street Honolulu HI 96826
RegionMetro
NeighborhoodMoiliili
Days on Market30
Year Built1979
ConditionAverage
ViewNone
PoolNone
ParkingCarport, Driveway
Zoning12 - A-2 Medium Density Apartme
Flood ZoneZone X
Tax Amount$467
Assessed Land$1,340,200
Assessed Building$422,300
Assessed Total$1,762,500
Assessed Ratio119%
InclusionsAC Split, AC Window Unit, Ceiling Fan, Dishwasher, Dryer, Photovoltaic – Leased, Range Hood, Range/Oven, Refrigerator, Washer, Water Heater
AmenitiesBedroom on 1st Floor, Full Bath on 1st Floor
UtilitiesOverhead Electricity, Water
ConstructionConcrete, Masonry/Stucco
Lot FeaturesOther
FlooringOther, W/W Carpet
DisclosuresPhotovoltaic, Property Disclosure Stmt
Land RecordedLand Court
PossessionNegotiable
Sale ConditionsNone
TopographyLevel
Building StyleMultiple Dwellings
RoofingComposition
EasementsNone
Parcel #1-2-7-016-018-0000
Listing courtesy ofLocations LLC
DateMLS#ChangeOld ValueNew ValueList PriceSold PriceAssessed TotalLandBuilding
05-19-2025202501789SoldCS$2,100,000$1,900,000$1,762,500$1,340,200$422,300
04-13-2025202501789Active Under ContractPC$2,100,000$1,900,000$1,762,500$1,340,200$422,300
03-21-2025202501789PendingCP$2,100,000$1,900,000$1,762,500$1,340,200$422,300
02-12-2025202501789Active Under ContractAC$2,100,000$1,900,000$1,762,500$1,340,200$422,300
01-13-2025202501789New ListingA$2,100,000$1,900,000$1,762,500$1,340,200$422,300
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