Hawaii House
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1220 Matlock Ave, Honolulu, HI 96814

Multi-Family · Sold · 3276 sqft · Sold 03/31/2008 $1,350,000 $1,395,000

Relatively young building of only 20 years old. Exterior recently painted and looks terrific! Conveniently located close to stores, school, freeway, etc. Bldg. has eight 1-bedroom units and 10-parking stalls. Each unit has an air conditioner. Income figure is pro-forma at $850/mo. per unit. Acutal rents are below market. Property to be sold in 'AS IS' Condition.
Details
  • Original list price$1,595,000
  • Days on market193
  • Building typeApartments
  • Price per sqft$412/sqft
  • Address

    1220 Matlock Ave, Honolulu, HI, 96814

  • Year Built1987
  • NeighborhoodMakiki Area
  • Land tenureFS - Fee Simple
  • Land SqFt4500 sqft
  • ViewNone
Unit Information
  • # of 1 Bd8
  • # of 2 Bd0
  • # of 3 Bd0
  • Total Units8
Amenities & Features
  • StoriesThree
  • FurnishedPartial
  • RoofOther
  • ConstructionConcrete, Double Wall, Hollow Tile
  • Property ConditionAbove Average, Excellent
  • ParkingAssigned, Covered, Open
  • nr.of parking places10
  • AmenitiesNone
Income
  • Total Actual Rent$81,600
  • Total Annual Operating Expenses$20,400
  • Total Income$81,600
  • Net Operating Income$61,200
Schools
School ratingDistance
6
out of 10
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
Elementary School
0.127mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
Middle School
0.331mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
High School
0.195mi
School ratingDistance
6
out of 10
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
0.127mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.331mi
NR
Playmate Kindergarten, Day Care
1704 Keeaumoku Street, Honolulu, HI 96822
0.498mi
NR
Montessori Community School
1239 Nehoa Street, Honolulu, HI 96822
0.541mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.546mi
School ratingDistance
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.331mi
7
out of 10
Robert Louis Stevenson Middle School
1202 Prospect St, Honolulu, HI 96822
0.528mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.546mi
5
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.613mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.624mi
School ratingDistance
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.195mi
7
out of 10
President William Mckinley High School
1039 South King St, Honolulu, HI 96814
0.489mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.546mi
7
out of 10
President Theodore Roosevelt High School
1120 Nehoa St, Honolulu, HI 96822
0.599mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.624mi
Data provided by Greatschools.org
Neighborhood - Makiki Area
  • Neighborhood average sales price*$387.71k
  • Neighborhood median sales price*$325k
  • Number or sales*113
Price history
Date Event Price $/sqft Source
Mar 31, 2008 Sold $1,350,000 $412.09 Public Record
Mar 1, 2008 In Escrow - still showing $1,395,000 $425.82 MLS 2717168
Feb 5, 2008 Price Decrease $1,395,000 -6.69% $425.82 MLS 2717168
Oct 26, 2007 Back On Market $1,495,000 $456.35 MLS 2717168
Oct 26, 2007 In Escrow - still showing $1,495,000 $456.35 MLS 2717168
Oct 22, 2007 Price Decrease $1,495,000 -6.27% $456.35 MLS 2717168
Oct 18, 2007 Back On Market $1,595,000 $486.87 MLS 2717168
Oct 13, 2007 In Escrow - still showing $1,595,000 $486.87 MLS 2717168
Sep 20, 2007 New Listing $1,595,000 $486.87 MLS 2717168
Taxes
  • Current Property Taxes p/month$5,309
  • Property Tax Year2007
  • Assessed Improvement value$953,600
  • Assessed Land value$660,000
  • MLS #2717168
  • TMK1-2-4-011-070-0000
  • Land RecordedRegular System
  • Zoning12 - A-2 M
  • Property SetbacksC&C
  • Total Assessed value$1,613,600
Agent viewpoints   of 1220 Matlock Ave, Honolulu, HI, 96814
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

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Hawaii House
Multi-Family Sold $1,350,000 $1,395,000 1220 Matlock Ave, Honolulu, HI, 96814 3276 sqft Remove from Saved Save House