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$14,000,000   Price Analysis
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1650 Young St
Honolulu, HI 96826
Unknown bed None bath unknown SqFt ($0/SqFt)
0.32 acre lot. Built 1973
Listed 2024-02-21
Ⓧ USDA Ineligible
due to price & location

near Honolulu

Have you been looking for an established apartment building with overflowing investment potential and an unparalleled location? Youre in luck!

This 42-unit apartment building is perfectly situated in the coveted historic neighborhood of Moiliili close to many restaurants, stores, schools, Kapiolani Medical Center (0.6-miles), Ala Moana Center (0.9-miles), University of Hawaii at Manoa (1.1-miles) and Downtown Honolulu (2.1-mles). Equipped with a gated lower-level parking lot and an upper-level parking lot, this building features 42 1BR/1BA units, 1:1 parking ratio, solid concrete construction, keyed elevator, trash chutes on each level and a secured community laundry room with 4 washers and 4 dryers. Other considerations include separate electric meters, lovely views, loading zone area and much more. Call now to find out more about adding this building to your investment portfolio!

NOI is actual with many under market rent units. Please contact Listor with additional questions and interior showings will be subjected to accepted offer. Please submit offers on the Commercial Purchase and Sale Agreement form. DO NOT DISTURB tenants.


Presented by Derek Lau at
Real Estate Specialists.
Listing Agent Photo

Property MLS #202403902 from HiCentral

Lot Description: Clear
Lot Size Acres: 0.3191001
Topography: Level
Lot Size Square Feet: 13900

Garage Spaces: 42
Garage Description: Assigned, Covered, Open
Parking Features: Assigned, Covered, Open

View: City, Mountain

Number of Units: 42

Community Features: Resident Manager, Trash Chute

Annual Tax Amount: 19560.00
Source Listing Status: Active
Source Property Type: Multi-Family
Area: Metro
Source Neighborhood: MOILIILI
Ownership Type: Fee Simple
Parcel Number: 1-2-8-1-37-0
Subdivision: MOILIILI
Property Subtype: Multi-Family
Source System Name: C2C

Listed 2024-02-21
$14,000,000
HiCentral
Listing removed 2010-03-21
$9,500,000
HiCentral
Listed 2009-04-15
$9,500,000
HiCentral

Year Built: 1973
Construction Materials: Concrete
Property Age: 51
Property Condition: Above Average
Levels or Stories: 8-14

Sewer: Connected
Cable
Gas
Internet
Overhead Electricity
Public Water
Telephone
Water

President George Washington Middle School is a public middle school located approximately 0.2 miles away.
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King William Lunalilo Elementary School is a public elementary school located approximately 0.4 miles away.
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Kaimuki High School is a public high school located approximately 1.3 miles away.
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Maryknoll School is a private elementary, middle and high school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.