| Description | Located 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! |
|---|---|
| Status | Sold since 01-13-2025 |
| MLS# | 202501789 |
| Price | $2,100,000 |
| Original Price | $2,100,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 8 / 4 / 0 |
| Parking Spaces | 8 |
| Living Sq Ft | 3,360 |
| Land Sq Ft | 6,914 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 718 Kaaloa Street Honolulu HI 96826 |
| Region | Metro |
| Neighborhood | Moiliili |
| Days on Market | 30 |
| Year Built | 1979 |
| Condition | Average |
| View | None |
| Pool | None |
| Parking | Carport, Driveway |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone X |
| Tax Amount | $467 |
| Assessed Land | $1,340,200 |
| Assessed Building | $422,300 |
| Assessed Total | $1,762,500 |
| Assessed Ratio | 119% |
| Inclusions | AC Split, AC Window Unit, Ceiling Fan, Dishwasher, Dryer, Photovoltaic – Leased, Range Hood, Range/Oven, Refrigerator, Washer, Water Heater |
| Amenities | Bedroom on 1st Floor, Full Bath on 1st Floor |
| Utilities | Overhead Electricity, Water |
| Construction | Concrete, Masonry/Stucco |
| Lot Features | Other |
| Flooring | Other, W/W Carpet |
| Disclosures | Photovoltaic, Property Disclosure Stmt |
| Land Recorded | Land Court |
| Possession | Negotiable |
| Sale Conditions | None |
| Topography | Level |
| Building Style | Multiple Dwellings |
| Roofing | Composition |
| Easements | None |
| Parcel # | 1-2-7-016-018-0000 |
| Listing courtesy of | Locations LLC |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 05-19-2025 | 202501789 | Sold | C | S | $2,100,000 | $1,900,000 | $1,762,500 | $1,340,200 | $422,300 |
| 04-13-2025 | 202501789 | Active Under Contract | P | C | $2,100,000 | $1,900,000 | $1,762,500 | $1,340,200 | $422,300 |
| 03-21-2025 | 202501789 | Pending | C | P | $2,100,000 | $1,900,000 | $1,762,500 | $1,340,200 | $422,300 |
| 02-12-2025 | 202501789 | Active Under Contract | A | C | $2,100,000 | $1,900,000 | $1,762,500 | $1,340,200 | $422,300 |
| 01-13-2025 | 202501789 | New Listing | A | $2,100,000 | $1,900,000 | $1,762,500 | $1,340,200 | $422,300 |
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