Excellent opportunity to manage up to market rents and earn a 6.55% cap!

Well maintained three-story BMX-zoned building with mixed use, retail on the bottom front floor. 2 structures connected by a warehouse with 1:1 parking (9 ones, 4 twos, 1 three and 4 retail [2 of which c ombine 2 spaces]). Additional parking on the King Street side of the property is used by customers and NOT counted in 17 space total.

Owner recently fixed spalling and painted and has taken excellent care of the building. Located across from King St. Post Offic and a block from Farrington HS, so easy access to downtown and freeway in all directions.

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on 1218 N King St
in Honolulu, HI
Presented by Christina Low at
Commercial Inv. Strategies.


Property MLS #202411839 from HiCentral

+ Reveal additional info including schools and tax history

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+ Interior Features

Furnished Description: Partial

+ Land Info

Lot Description: Clear
Lot Size Acres: 0.2182507
Topography: Level
Lot Size Square Feet: 9507

+ Garage and Parking

Garage Spaces: 17
Garage Description: Covered, Tandem
Parking Features: Covered, Tandem

+ Home Features

View: City, Mountain, Sunrise

+ Multi-Unit Info

Number of Units: 17

+ Amenities and Community Features

Community Features: Storage

+ Other Property Info

Annual Tax Amount: 37920.00
Source Listing Status: Active
Source Property Type: Multi-Family
Area: Metro
Source Neighborhood: KAPALAMA
Ownership Type: Fee Simple
Parcel Number: 1-1-6-2-63-0
Subdivision: KAPALAMA
Property Subtype: Multi-Family
Source System Name: C2C
+ Reveal Property Sale History

Listing removed 2024-05-24
$0
HiCentral

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Listed 2024-05-23
$4,600,000
HiCentral

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Price Changed 2024-02-06
$4,600,000
HiCentral

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Price Changed 2023-10-27
$4,800,000
HiCentral

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Price Changed 2023-08-11
$4,900,000
HiCentral

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Listed 2023-05-31
$5,000,000
HiCentral

+ Building and Construction

Total Square Feet Living: 10785
Year Built: 1970
Building Area Total: 10785
Construction Materials: Hollow Tile
Property Age: 54
Property Condition: Excellent
Levels or Stories: Three
Year Remodeled: 2022

+ Utilities

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

+ Display Complete School Details

Governor Wallace Rider Farrington High School is a public high school located approximately 0.3 miles away.
Map directions

Princess Victoria Kaiulani Elementary School is a public elementary school located approximately 0.4 miles away.
Map directions

King David Kalakaua Middle School is a public middle school located approximately 0.5 miles away.
Map directions

Damien Memorial School is a private middle and high school located approximately 0.3 miles away.
Map directions