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$4,600,000   Price Analysis
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1218 N King St
Honolulu, HI 96817
Unknown bed None bath 10,785 SqFt ($426/SqFt)
9,507SqFt lot. Built 1970
Listed 2023-05-31
Ⓧ USDA Ineligible
due to price & location

near Honolulu

Opportunity knocks!

TWO 3 story hollow tile buildings located across from the post office on N King, this well-maintained 20-unit apartment building has 6 retail spaces, 9 one-bedroom units, 4 two-bedrooms, 1 three-bedroom and 1 bonus warhouse unit (approx 645sf).

Owner recently fixed spalling and painted and has taken excellent care of the building. Property has some covered parking and bonus parking fronting the building not included in the 17 stalls. Access from Long Lane via N King. Opportunity to create better cash flow with minimal cap expenditure due to below market rents.


Presented by Christina Low at
Commercial Inv. Strategies.
Listing Agent Photo

Property MLS #202311568 from HiCentral

Furnished Description: Partial

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

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

View: Mountain, Sunrise, Sunset

Number of Units: 20

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

Price Changed 2024-02-06
$4,600,000
HiCentral
Price Changed 2023-10-27
$4,800,000
HiCentral
Price Changed 2023-08-11
$4,900,000
HiCentral
Listed 2023-05-31
$5,000,000
HiCentral

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

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

Governor Wallace Rider Farrington High School is a public high school located approximately 0.3 miles away.
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Princess Victoria Kaiulani Elementary School is a public elementary school located approximately 0.4 miles away.
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King David Kalakaua Middle School is a public middle school located approximately 0.5 miles away.
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Damien Memorial School is a private 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.