Hawaii House
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1454 Pele St, Honolulu, HI 96813

Multi-Family · Withdrawn · 7776 sqft · $2,890,000

Excellent investment opportunity in town! Very well maintained solid three story hollow tile apartment near Queen's Medical Center, Downtown, Chinatown! 18-1 bedroom units! 100% occupancy! All units have own electric meter & lanai! Income based on actual rent $219,420 - $42,792 = $176,628 with NET CAP RATE 6.11%! DO NOT disturb tenants! Make offer subject to inspection! Subject to find replacement
Details
  • Original list price$2,750,000
  • Days on market609
  • Building typeApartments
  • Price per sqft$372/sqft
  • Address

    1454 Pele St, Honolulu, HI, 96813

  • Year Built1964
  • NeighborhoodPunchbowl-lower
  • Land tenureFS - Fee Simple
  • Land SqFt8141 sqft
  • ViewCity
Unit Information
  • # of 1 Bd18
  • # of 2 Bd0
  • # of 3 Bd0
  • Total Units18
Amenities & Features
  • StoriesThree
  • FurnishedPartial
  • RoofOther
  • ConstructionConcrete, Hollow Tile
  • UtilitiesConnected
  • Property ConditionAbove Average
  • ParkingAssigned, Open
  • nr.of parking places11
  • AmenitiesNone
Income
  • Total Actual Rent$215,820
  • Total Annual Operating Expenses$42,792
  • Total Income$219,420
  • Net Operating Income$176,628
Schools Nearby
-
Neighborhood - Punchbowl-lower
  • Neighborhood average sales price*$288.7k
  • Neighborhood median sales price*$285k
  • Number or sales*28
  • Street median sales price*$189.5k
Price history
Date Event Price $/sqft Source
2012-07-24 Withdrawn $2,890,000 $371.66 MLS 1112980
2012-02-29 Price Increase $2,890,000 +5.09% $371.66 MLS 1112980
2011-10-26 New Listing $2,750,000 $353.65 MLS 1112980
2011-09-29 Expired $2,690,000 $345.94 MLS 1012722
2011-07-22 Price Decrease $2,690,000 -2.18% $345.94 MLS 1012722
2011-05-09 Price Decrease $2,750,000 -4.84% $353.65 MLS 1012722
2011-03-26 Back On Market $2,890,000 $371.66 MLS 1012722
2011-03-26 Price Increase $2,890,000 +5.09% $371.66 MLS 1012722
2011-02-14 Temporarily Withdrawn $2,750,000 $353.65 MLS 1012722
2010-09-29 New Listing $2,750,000 $353.65 MLS 1012722
2010-07-04 Expired $2,850,000 $366.51 MLS 1000119
2010-01-20 Temporarily Withdrawn $2,850,000 $366.51 MLS 1000119
2010-01-04 New Listing $2,850,000 $366.51 MLS 1000119
2007-03-14 Sold $2,512,500 $323.11 Public Record
2007-03-05 In Escrow - not showing $2,550,000 $327.93 MLS 2618927
2007-01-27 In Escrow - still showing $2,550,000 $327.93 MLS 2618927
2006-12-19 Price Increase $2,550,000 +2% $327.93 MLS 2618927
2006-12-19 Price Decrease $2,500,000 -3.81% $321.50 MLS 2618927
2006-10-17 Price Decrease $2,599,000 -90% $334.23 MLS 2618927
2006-10-17 New Listing $25,999,000 $3,343.49 MLS 2618927
2006-10-12 Withdrawn $2,590,000 $333.08 MLS 2603589
2006-08-22 Price Decrease $2,590,000 -3.72% $333.08 MLS 2603589
2006-08-03 Price Decrease $2,690,000 -3.58% $345.94 MLS 2603589
2006-07-09 Price Increase $2,790,000 +1.45% $358.80 MLS 2603589
2006-05-27 Price Decrease $2,750,000 -5.01% $353.65 MLS 2603589
2006-03-07 Price Decrease $2,895,000 -1.86% $372.30 MLS 2603589
2006-02-17 New Listing $2,950,000 $379.37 MLS 2603589
2005-11-24 Withdrawn $2,900,000 $372.94 MLS 2508935
2005-06-09 New Listing $2,900,000 $372.94 MLS 2508935
Taxes
  • Current Property Taxes p/month$6,607
  • Property Tax Year2011
  • Assessed Improvement value$825,500
  • Assessed Land value$1,062,200
  • MLS #1112980
  • TMK1-2-1-022-008-0000
  • Land RecordedRegular System
  • Zoning12 - A-2 M
  • TopographyLevel
  • Lot DescriptionClear
  • Property SetbacksC&C
  • Total Assessed value$1,887,700
Agent viewpoints   of 1454 Pele St, Honolulu, HI, 96813
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

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As soon as we do, we post it here.

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Hawaii House
Multi-Family Withdrawn $2,890,000 1454 Pele St, Honolulu, HI, 96813 7776 sqft Remove from Saved Save House