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850 Lokahi Street, Honolulu, HI 96826
3 min walk to McCully District Park
23 min walk to Duke Paoa Kahanamoku Beach Park
7 min drive to Ala Wai Golf Course
6 min drive to The Wall
25 min walk to Rockpiles
About lifestyles
Back on Market and ready to sell, Never been in escrow! RARE FIND with GREAT BONES! Huge Two-Bedrooms with stellar, central location and desirable construction. One-to-one parking! All units have washer/dryer hookup with opportunity to add coin laundry for more income. 5 of 7 units vacant, so pro forma rents are provided in the property info package (see Agent remarks) = you can easily ‘manage up’ this beautiful building and reposition it to gain excellent cash flow. Some deferred maintenance, property to be sold As Is, Where Is.
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Details
1968 year built
- Year Built 1968
- Original list price $2,300,000
- Days on market 31
- Price per sqft $399/sqft
-
Address
850 Lokahi Street, Honolulu, HI, 96826
- Frontage Other
- Neighborhood Pawaa
- Land area 5,104 sqft / 0.117 acres
- Total Interior Area 5,760 sqft
- City of Oahu Honolulu
- Region Honolulu
- Island Oahu
- Land tenure FS - Fee Simple
- Number of Units 7
- Parking Spaces 7
- Annual Expenses 31998
- Net Operating Income 77202
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$11,728
Taxes
$445
HOA dues
$0
Mortgage
Down payment
$460,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$11,728 / month
Neighborhood: Pawaa
Nearby & commute
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
14.67 / 20
Somewhat walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index
Amenities & Features
7 parking places, Other floors
Roof
Other
Property Condition
Above Average
Business Type
Condo/Apt, Other
Construction/Exterior Finish
Concrete Block
Air Conditioning
None
Loading
None
Floor Covering
Other
Income Information Source
Broker, Other
Expense Information Source
Broker
Easements
None
Documents Available
Lease Documents, P&L, Title Search
Lessee/Tenant Pays
Electricity, Other
Parking
On Site
Utilities Included
Light Electricity, Other, Small Water Meter
Amenities
None
Pawaa prices
Average price $707.5k
Neighborhood average sales price*
$707.5k
Neighborhood median sales price*
$685k
Number or sales*
6
Street median sales price*
$707.5k
*last 6 months
Schools
15 schools with rating up to 6
| School rating | Distance | |
|---|---|---|
| out of 10 |
King William Lunalilo Elementary School
810 Pumehana St,
Honolulu, HI 96826
Elementary School
|
0.171mi |
| out of 10 |
President George Washington Middle School
1633 South King St,
Honolulu, HI 96826
Middle School
|
0.155mi |
|
Maryknoll Grade School
1722 Dole Street,
Honolulu, HI 96822
High School
|
0.477mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
King William Lunalilo Elementary School
810 Pumehana St,
Honolulu, HI 96826
|
0.171mi |
|
Maryknoll Grade School
1722 Dole Street,
Honolulu, HI 96822
|
0.477mi | |
|
Maryknoll School
1402 Punahou Street,
Honolulu, HI 96822
|
0.482mi | |
|
Maryknoll School
1526 Alexander Street,
Honolulu, HI 96822
|
0.517mi | |
|
Hawaiian Mission Academy K-8
1415 Makiki Street,
Honolulu, HI 96814
|
0.52mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
President George Washington Middle School
1633 South King St,
Honolulu, HI 96826
|
0.155mi |
|
Maryknoll Grade School
1722 Dole Street,
Honolulu, HI 96822
|
0.477mi | |
|
Maryknoll School
1402 Punahou Street,
Honolulu, HI 96822
|
0.482mi | |
|
Maryknoll School
1526 Alexander Street,
Honolulu, HI 96822
|
0.517mi | |
|
Hawaiian Mission Academy K-8
1415 Makiki Street,
Honolulu, HI 96814
|
0.52mi |
| School rating | Distance | |
|---|---|---|
|
Maryknoll Grade School
1722 Dole Street,
Honolulu, HI 96822
|
0.477mi | |
|
Maryknoll School
1402 Punahou Street,
Honolulu, HI 96822
|
0.482mi | |
|
Maryknoll School
1526 Alexander Street,
Honolulu, HI 96822
|
0.517mi | |
|
Punahou School
1601 Punahou Street,
Honolulu, HI 96822
|
0.605mi | |
|
Lutheran High School Of Hawaii
1404 University Avenue,
Honolulu, HI 96822
|
0.828mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Active Under Contract Apr 12, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 12, 2024 | Active Under Contract | $2,300,000 | $399.31 | MLS #202406981 |
| Mar 25, 2024 | New Listing | $2,300,000 -13.21% | $399.31 | MLS #202406981 |
| Feb 2, 2024 | Cancelled | $2,650,000 | $460.07 | MLS #202324652 |
| Oct 30, 2023 | New Listing | $2,650,000 | $460.07 | MLS #202324652 |
Tax & MLS details 850 Lokahi Street, Honolulu, HI, 96826
12 - A-2 Medium Density Apartme zoning / MLS #202406985
Current Property Taxes p/month
$445
Property Tax Year
2023
Assessed Improvement value
$280,400
Assessed Land value
$1,244,100
TMK
1-2-3-024-009-0000
Land Recorded
Regular System
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone AO
Total Assessed value
$1,524,500
Listed by
Commercial Inv. Strategies
(808) 429-1098
(808) 429-1098
MLS #
202406985
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Open floorplan
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Frequently asked questions for 850 Lokahi Street
What is 850 Lokahi Street?
850 Lokahi Street is a Commercial/Industrial
How many units does it have?
850 Lokahi Street has 7 units.
What is the rental income?
The net income is $77,202
*check with agent
What is the full address of this commercial?
850 Lokahi Street, Honolulu, HI, 96826.
What comparable properties are nearby?
Comparable nearby commercial properties include 1100 Alakea Street unit 1400, 1100 Alakea Street unit 700, 1 North King Street, 110 N King Street, 1178 N King Street, 219 Kalihi Street.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Commercial Inv. Strategies. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.
Listings last updated on April 12, 2024.
Hawaii House Last checked 5 minutes ago.
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