Photos
About
Details
Open Houses
Monthly payment
Neighborhood
Unit Information
Amenties & Features
Income
Prices
Schools
Price history
Activity
Taxes
Tour report
Similar
Recently sold
Ask a question
Map View
1120 Pua Lane, Honolulu, HI 96817
2 min walk to Banyan Court Mall
5 min drive to Point Panic
4 min drive to Flies
About lifestyles
CASH COW. Rare Leasehold asset with excellent income and irresistible pricing. Built in 1991, this income GEM is well maintained and rented by the room. Resident manager on site and make sure the property sparkles. Better that 1:1 parking. Currently rented BY THE ROOM (39 rooms) with shared kitchen and bathroom = 7 five bed/1 ba + 2 three bed, one ba. Can convert to 9 separate rentals to lessen management and overhead (electric and water included, 10 electric meters, 1 water meter), plus Bonus electric charging station for EV)! Lender has verified a $270,000 loan based on “known” rental period to 2027. Lease ends in 2037.
Read more
Multi-family details
1991 year built
- Year Built 1991
- Original list price $699,000
- Days on market 63
- Building type Apartments
- Price per sqft $97/sqft
-
Address
1120 Pua Lane, Honolulu, HI, 96817
- Frontage Other
- Neighborhood Palama
- Land tenure LH - Leasehold
- Land SqFt 11,500 sqft
- View None, Other
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$3,564
Taxes
$800
HOA dues
$6,742
Mortgage
Down payment
$139,800 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$3,564 / month
Neighborhood: Palama
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
16.5 / 20
Very walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index
Unit Information
9 total units
# of 1 Bd
0
# of 2 Bd
0
# of 3 Bd
9
Total Units
9
Amenities & Features
18 parking places
Stories
Three
Roof
Composition
Construction
Wood Frame
Utilities
Cable, Overhead Electricity, Public Water, Sewer Fee, Water
Property Condition
Average
Parking
Assigned, Open
nr.of parking places
18
Amenities
Fire Sprinkler, Resident Manager
Income
Net Operating Income: $85,000
Total Actual Rent
$30,300
Total Annual Operating Expenses
$314,600
Total Income
$399,600
Net Operating Income
$85,000
Palama prices
Average price $1.48m
Neighborhood average sales price*
$1.48m
Neighborhood median sales price*
$1.4m
Number or sales*
3
*last 6 months
Schools
15 schools with rating up to 7
| School rating | Distance | |
|---|---|---|
| out of 10 |
Princess Victoria Kaiulani Elementary School
783 North King St,
Honolulu, HI 96817
Elementary School
|
0.162mi |
|
St. Theresa School
712 North School Street,
Honolulu, HI 96817
Middle School
|
0.363mi | |
|
Damien Memorial School
1401 Houghtailing Street,
Honolulu, HI 96817
High School
|
0.687mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Princess Victoria Kaiulani Elementary School
783 North King St,
Honolulu, HI 96817
|
0.162mi |
| out of 10 |
Princess Miriam K Likelike Elementary School
1618 Palama St,
Honolulu, HI 96817
|
0.286mi |
|
St. Theresa School
712 North School Street,
Honolulu, HI 96817
|
0.363mi | |
| out of 10 |
Kauluwela Elementary School
1486 Aala St,
Honolulu, HI 96817
|
0.363mi |
| out of 10 |
Lanakila Elementary School
717 North Kuakini St,
Honolulu, HI 96817
|
0.479mi |
| School rating | Distance | |
|---|---|---|
|
St. Theresa School
712 North School Street,
Honolulu, HI 96817
|
0.363mi | |
|
Damien Memorial School
1401 Houghtailing Street,
Honolulu, HI 96817
|
0.687mi | |
|
Cathedral Catholic Academy
1728 Nuuanu Avenue,
Honolulu, HI 96817
|
0.696mi | |
| out of 10 |
Central Middle School
1302 Queen Emma St,
Honolulu, HI 96813
|
0.849mi |
|
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd,
Honolulu, HI 96817
|
0.855mi |
| School rating | Distance | |
|---|---|---|
|
Damien Memorial School
1401 Houghtailing Street,
Honolulu, HI 96817
|
0.687mi | |
|
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd,
Honolulu, HI 96817
|
0.855mi | |
| out of 10 |
Governor Wallace Rider Farrington High School
1564 North King St,
Honolulu, HI 96817
|
0.869mi |
|
Pacific Buddhist Academy
1710 Pali Highway,
Honolulu, HI 96813
|
0.896mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.936mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Active Under Contract Mar 13, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 13, 2024 | Active Under Contract | $699,000 | $97.49 | MLS #202403891 |
| Feb 21, 2024 | New Listing | $699,000 | $97.49 | MLS #202403891 |
| Sep 24, 2021 | Sold | $699,000 +210.67% from last sold price | $97.49 | Public Record |
| Sep 2, 2021 | In Escrow - not showing | $699,000 | $97.49 | MLS #202119729 |
| Aug 17, 2021 | Active Under Contract | $699,000 | $97.49 | MLS #202119729 |
| Aug 3, 2021 | New Listing | $699,000 +210.67% | $97.49 | MLS #202119729 |
| Jun 4, 2001 | Sold | $225,000 | $31.38 | Public Record |
| Jun 4, 2001 | Price Decrease | $225,000 -23.73% | $31.38 | MLS #2008285 |
| Apr 4, 2001 | In Escrow - not showing | $295,000 | $41.14 | MLS #2008285 |
| Nov 30, 2000 | Price Decrease | $295,000 -25.32% | $41.14 | MLS #2008285 |
| Aug 29, 2000 | New Listing | $395,000 -20.2% | $55.09 | MLS #2008285 |
| Aug 6, 2000 | Expired | $495,000 | $69.04 | MLS #2002170 |
| Mar 23, 2000 | Price Decrease | $495,000 -16.81% | $69.04 | MLS #2002170 |
| Mar 9, 2000 | New Listing | $595,000 -69.49% | $82.98 | MLS #2002170 |
| Jul 1, 1996 | Expired | $1,950,000 | $271.97 | MLS #9890839 |
| Apr 2, 1996 | New Listing | $1,950,000 | $271.97 | MLS #9890839 |
Tax & MLS details 1120 Pua Lane, Honolulu, HI, 96817
12 - A-2 Medium Density Apartme zoning / MLS #202403891
Current Property Taxes p/month
$800
Property Tax Year
2023
Assessed Improvement value
$826,600
Assessed Land value
$1,918,200
TMK
1-1-7-031-005-0000
Land Recorded
Regular System
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Topography
Level
Location
Inside
Lot Description
Clear
Property Setbacks
Of Record
Lease renegotiation date
Dec 1, 2037
Lease expiration
2037-04-02
Monthly lease payment
$6,742
Total Assessed value
$2,744,800
Listed by
Savio Realty Ltd.
(808) 955-6672
(808) 955-6672
MLS #
202403891
Hawaii House tour report for this multi-family home
No reviews yet
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
We do not have a Hawaii House tour report for this listing yet.
As soon as we do, we post it here.
As soon as we do, we post it here.
Similar homes nearby 1120 Pua Lane in Palama
Recently sold nearby 1120 Pua Lane in Palama
Ask a question
I agree to be contacted by Hawaii House via call, email, and text. To opt-out, you can reply ’stop’ at any time or click the unsubscribe link in the emails. Message and data rates may apply.
Frequently asked questions for 1120 Pua Lane
When was this multi-family home built and last sold?
This house was build in 1991.
What is the full address of this multi-family home?
1120 Pua Lane, Honolulu, HI, 96817.
Are there beaches near 1120 Pua Lane?
No, there aren't.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Savio Realty Ltd.. 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 March 13, 2024.
Hawaii House Last checked less than a minute ago.
Palama & nearby Neighborhoods
- Ala Moana homes for sale
- Alewa Heights homes for sale
- Aliamanu homes for sale
- Chinatown homes for sale
- Dillingham homes for sale
More
Less