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2014 Fern Street, Honolulu, HI, 96826
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2014 Fern Street, Honolulu, HI 96826

$2,650,000  $338,000 Commercial active under contract 4,208 sqft Neighborhood:  Moiliili
2 min walk to Frank C. Judd Mini Park
17 min walk to Duke Paoa Kahanamoku Beach Park
6 min drive to Ala Wai Golf Course
4 min drive to The Wall
19 min walk to Rock Piles
About lifestyles
Fantastic Cap Rate Return! Completely Renovated, Turn Key Opportunity with all tenants paying excellent market rents. Interiors are beautifully upgraded with all new everything, and a welcoming, bright layout. Well-situated investment in the heart of Makiki with easy access to UHM, Waikiki, and Ala Moana equals a stellar, reliable tenant pool. Two buildings: front building is hollow tile first floor with 3 one-bedrooms and wood second floor with one three-bedroom and 1 one-bedroom upstairs; back building is all hollow tile 4 one-bedrooms. All units are separately metered for gas and electric, one water meter. Coin, owned laundry. Buyer to accept existing survey performed by Ailana Surveyors August 24, 2023.
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Details

1953 year built
  • Year Built 1953
  • Original list price $3,150,000
  • Days on market 148
  • Price per sqft $630/sqft
  • Address

    2014 Fern Street, Honolulu, HI, 96826

  • Frontage Side Street
  • Neighborhood Moiliili
  • Land area 6,400 sqft / 0.147 acres
  • Total Interior Area 4,208 sqft
  • City of Oahu Honolulu
  • Region Honolulu
  • Island Oahu
  • Land tenure FS - Fee Simple
  • Number of Units 9
  • Parking Spaces 8
  • Annual Expenses 44756
  • Net Operating Income 168964

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$13,512
Taxes
$560
HOA dues
$0
$14,072 per month
Mortgage
Down payment
$530,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $13,512 / month

Neighborhood: Moiliili

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
13.33 / 20
Somewhat walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Amenities & Features

8 parking places, Concrete, Wood floors
Roof
Shingle
Property Condition
Excellent
Business Type
Condo/Apt
Construction/Exterior Finish
Concrete Block, See Remarks, Vinyl, Wood Frame
Air Conditioning
None
Loading
None
Floor Covering
Concrete, Wood
Income Information Source
Owner
Expense Information Source
Owner
Easements
None
Documents Available
Lease Documents, P&L, Survey, Title Search
Lessee/Tenant Pays
Electricity, Gas
Parking
Assigned
Utilities Included
Gas, Light Electricity, Other, Small Water Meter
Amenities
None

Moiliili prices

Average price $560.81k
Neighborhood average sales price*
$560.81k
Neighborhood median sales price*
$516.5k
Number or sales*
26
Street median sales price*
$525k
*last 6 months

Schools

15 schools with rating up to 8
School rating Distance
4
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
Elementary School
0.136mi
8
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
Middle School
0.458mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
High School
0.626mi
School rating Distance
4
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
0.136mi
3
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
0.49mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.635mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.653mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.671mi
School rating Distance
8
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.458mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.626mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.635mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.653mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.671mi
School rating Distance
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.626mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.653mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.671mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
0.686mi
NR
Lutheran High School Of Hawaii
1404 University Avenue, Honolulu, HI 96822
0.7mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Price Decrease Oct 7, 2024
Date Event Price $/sqft Source
Oct 7, 2024 Price Decrease $2,988,000 -5.14% $710.08 MLS #202421146
Sep 16, 2024 New Listing $3,150,000 +26% $748.57 MLS #202421146
Nov 9, 2023 Cancelled $2,500,000 $594.11 MLS #202319388
Nov 9, 2023 Back On Market $2,500,000 $594.11 MLS #202319388
Aug 28, 2023 Active Under Contract $2,500,000 $594.11 MLS #202319388
Aug 22, 2023 New Listing $2,500,000 $594.11 MLS #202319388
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Tax & MLS details 2014 Fern Street, Honolulu, HI, 96826

12 - A-2 Medium Density Apartme zoning / MLS #202421146
Current Property Taxes p/month
$560
Property Tax Year
2024
Assessed Improvement value
$204,800
Assessed Land value
$1,715,200
TMK
1-2-7-002-009-0000
Land Recorded
Land Court
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone AO
Total Assessed value
$1,920,000
Listed by
Commercial Inv. Strategies
(808) 429-1098
MLS #
202421146
Hawaii House tour report for this commercial
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Stunning views
Ocean views
Open floorplan
Needs Work
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Similar homes nearby 2014 Fern Street in Moiliili

Recently sold nearby 2014 Fern Street in Moiliili

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Frequently asked questions for 2014 Fern Street

What is 2014 Fern Street?

2014 Fern Street is a Commercial/Industrial

How many units does it have?

2014 Fern Street has 9 units.

What is the rental income?

The net income is $168,964
*check with agent

What is the full address of this commercial?

2014 Fern Street, Honolulu, HI, 96826.

What comparable properties are nearby?

Comparable nearby commercial properties include 3065 Kapiolani Blvd, 1888 Kalakaua Ave unit C312, 444 Kanekapolei Street unit C5 C6 C7, 250 Kapili Street, 846 S Hotel Street unit 200, 725 Kapiolani Blvd unit C305 & C306.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 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 December 23, 2024.
Hawaii House Last checked less than a minute ago.

Commercial active under contract $2,650,000  $338,000 2014 Fern Street, Honolulu, HI, 96826 4,208 sqft Save House Remove from Saved