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1202-A Pua Lane, Honolulu, HI, 96817
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1202-A Pua Lane, Honolulu, HI 96817

$4,500,000  $500,000 Multi-Family Home cancelled 8,970 sqft Neighborhood:  Palama
2 min walk to Banyan Court Mall
10 min drive to the beach
7 min drive to Oʻahu Country Club
5 min drive to Point Panic
4 min drive to Flies
About lifestyles
Concrete apartment building containing 15 (2-bdrm) units with 21 parking spaces on approx. 13,000 sf of A-2 zoned land. Each unit has individual electric and gas meters. All units are currently occupied/rented on a month-to-month basis. Centrally located in the Palama neighborhood between King St. and Vineyard Blvd. w/ convenient access to marketing, bus lines and freeway. Property falls within HART's Transit Oriented Development (TOD) Iwilei Station (Dillingham Blvd.). Property also qualifies for Bill 7 development. See Supplements for full Fact Sheet information including income and expenses, rent roll and 2 architectural schematics which increases unit count to 30 units and 60 units.
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Multi-family details

1961 year built
  • Year Built 1961
  • Original list price $5,000,000
  • Days on market 546
  • Building type Apartments
  • Price per sqft $502/sqft
  • Address

    1202-A Pua Lane, Honolulu, HI, 96817

  • Neighborhood Palama
  • Land tenure FS - Fee Simple
  • Land SqFt 12,782 sqft
  • View None

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$22,945
Taxes
$820
HOA dues
$0
$23,765 per month
Mortgage
Down payment
$900,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $22,945 / 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
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

15 total units
# of 1 Bd
0
# of 2 Bd
15
# of 3 Bd
0
Total Units
15

Amenities & Features

21 parking places
Stories
Three
Roof
Composition
Construction
Concrete, Hollow Tile, Masonry/Stucco, Slab
Utilities
Cable, Gas, Internet, Overhead Electricity, Telephone, Water
Property Condition
Average
Parking
Assigned, Open
nr.of parking places
21
Amenities
None

Income

Net Operating Income: $111,782
Total Actual Rent
$16,102
Total Annual Operating Expenses
$81,443
Total Income
$193,225
Net Operating Income
$111,782

Palama prices

Average price $1.23m
Neighborhood average sales price*
$1.23m
Neighborhood median sales price*
$1.3m
Number or sales*
5
Street median sales price*
$1.46m
*last 6 months

Schools

15 schools with rating up to 7
School rating Distance
2
out of 10
Princess Victoria Kaiulani Elementary School
783 North King St, Honolulu, HI 96817
Elementary School
0.187mi
NR
St. Theresa School
712 North School Street, Honolulu, HI 96817
Middle School
0.337mi
NR
Damien Memorial School
1401 Houghtailing Street, Honolulu, HI 96817
High School
0.684mi
School rating Distance
2
out of 10
Princess Victoria Kaiulani Elementary School
783 North King St, Honolulu, HI 96817
0.187mi
4
out of 10
Princess Miriam K Likelike Elementary School
1618 Palama St, Honolulu, HI 96817
0.269mi
NR
St. Theresa School
712 North School Street, Honolulu, HI 96817
0.337mi
4
out of 10
Kauluwela Elementary School
1486 Aala St, Honolulu, HI 96817
0.343mi
7
out of 10
Lanakila Elementary School
717 North Kuakini St, Honolulu, HI 96817
0.456mi
School rating Distance
NR
St. Theresa School
712 North School Street, Honolulu, HI 96817
0.337mi
NR
Cathedral Catholic Academy
1728 Nuuanu Avenue, Honolulu, HI 96817
0.673mi
NR
Damien Memorial School
1401 Houghtailing Street, Honolulu, HI 96817
0.684mi
NR
Hongwanji Mission School
1728 Pali Hwy, Honolulu, HI 96813
0.839mi
4
out of 10
Central Middle School
1302 Queen Emma St, Honolulu, HI 96813
0.841mi
School rating Distance
NR
Damien Memorial School
1401 Houghtailing Street, Honolulu, HI 96817
0.684mi
NR
Pacific Buddhist Academy
1710 Pali Highway, Honolulu, HI 96813
0.876mi
3
out of 10
Governor Wallace Rider Farrington High School
1564 North King St, Honolulu, HI 96817
0.878mi
NR
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd, Honolulu, HI 96817
0.881mi
NR
Academy Of The Pacific
913 Alewa Drive, Honolulu, HI 96817
0.915mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Cancelled Aug 25, 2023
Date Event Price $/sqft Source
Aug 25, 2023 Cancelled $4,500,000 $501.67 MLS #202220049
Feb 22, 2023 Price Decrease $4,500,000 -10% $501.67 MLS #202220049
Oct 24, 2022 Back On Market $5,000,000 $557.41 MLS #202220049
Sep 29, 2022 Active Under Contract $5,000,000 $557.41 MLS #202220049
Sep 26, 2022 New Listing $5,000,000 -35.06% $557.41 MLS #202220049
Sep 10, 2022 Withdrawn $7,700,000 $858.42 MLS #202214761
Aug 8, 2022 New Listing $7,700,000 $858.42 MLS #202214761
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Tax & MLS details 1202-A Pua Lane, Honolulu, HI, 96817

12 - A-2 Medium Density Apartme zoning / MLS #202220049
Current Property Taxes p/month
$820
Property Tax Year
2023
Assessed Improvement value
$821,400
Assessed Land value
$2,105,000
TMK
1-1-7-031-004-0000
Land Recorded
Regular System
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Topography
Level
Location
Inside
Lot Description
Irregular,Other
Property Setbacks
Of Record
Total Assessed value
$2,926,400
Listed by
Locations LLC
(808) 735-4200
MLS #
202220049
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Frequently asked questions for 1202-A Pua Lane

When was this multi-family home built and last sold?

This house was build in 1961.

What is the full address of this multi-family home?

1202-A Pua Lane, Honolulu, HI, 96817.

Are there beaches near 1202-A Pua Lane?

The nearest beach is 1.585 miles away. It should take about 10 min drive.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Locations LLC. 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 August 24, 2023.
Hawaii House Last checked less than a minute ago.

Multi-Family Home cancelled $4,500,000  $500,000 1202-A Pua Lane, Honolulu, HI, 96817 8,970 sqft Save House Remove from Saved