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Multi-Family · Withdrawn · 7776 sqft · $2,890,000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 market824
  • 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
School ratingDistance
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
Elementary School
0.118mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
Middle School
0.118mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
High School
0.118mi
School ratingDistance
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.118mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.18mi
8
out of 10
Royal Elementary School
1519 Queen Emma St, Honolulu, HI 96813
0.294mi
NR
Hongwanji Mission School
1728 Pali Hwy, Honolulu, HI 96813
0.475mi
NR
Kawaiaha'o Church School
872 Mission Lane, Honolulu, HI 96813
0.543mi
School ratingDistance
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.118mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.118mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.18mi
2
out of 10
Central Middle School
1302 Queen Emma St, Honolulu, HI 96813
0.211mi
NR
Hongwanji Mission School
1728 Pali Hwy, Honolulu, HI 96813
0.475mi
School ratingDistance
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.118mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.118mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.18mi
NR
Pacific Buddhist Academy
1710 Pali Highway, Honolulu, HI 96813
0.41mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.74mi
Data provided by Greatschools.org
Neighborhood - Punchbowl-lower
  • Neighborhood average sales price*$428.46k
  • Neighborhood median sales price*$290k
  • Number or sales*27
  • Street median sales price*$216k
Price history
Date Event Price $/sqft Source
Jul 24, 2012 Withdrawn $2,890,000 $371.66 MLS 1112980
Feb 29, 2012 Price Increase $2,890,000 +5.09% $371.66 MLS 1112980
Oct 26, 2011 New Listing $2,750,000 $353.65 MLS 1112980
Sep 29, 2011 Expired $2,690,000 $345.94 MLS 1012722
Jul 22, 2011 Price Decrease $2,690,000 -2.18% $345.94 MLS 1012722
May 9, 2011 Price Decrease $2,750,000 -4.84% $353.65 MLS 1012722
Mar 26, 2011 Back On Market $2,890,000 $371.66 MLS 1012722
Mar 26, 2011 Price Increase $2,890,000 +5.09% $371.66 MLS 1012722
Feb 14, 2011 Temporarily Withdrawn $2,750,000 $353.65 MLS 1012722
Sep 29, 2010 New Listing $2,750,000 $353.65 MLS 1012722
Jul 4, 2010 Expired $2,850,000 $366.51 MLS 1000119
Jan 20, 2010 Temporarily Withdrawn $2,850,000 $366.51 MLS 1000119
Jan 4, 2010 New Listing $2,850,000 $366.51 MLS 1000119
Mar 14, 2007 Sold $2,512,500 $323.11 Public Record
Mar 5, 2007 In Escrow - not showing $2,550,000 $327.93 MLS 2618927
Jan 27, 2007 In Escrow - still showing $2,550,000 $327.93 MLS 2618927
Dec 19, 2006 Price Increase $2,550,000 +2% $327.93 MLS 2618927
Dec 19, 2006 Price Decrease $2,500,000 -3.81% $321.50 MLS 2618927
Oct 17, 2006 Price Decrease $2,599,000 -90% $334.23 MLS 2618927
Oct 17, 2006 New Listing $25,999,000 $3,343.49 MLS 2618927
Oct 12, 2006 Withdrawn $2,590,000 $333.08 MLS 2603589
Aug 22, 2006 Price Decrease $2,590,000 -3.72% $333.08 MLS 2603589
Aug 3, 2006 Price Decrease $2,690,000 -3.58% $345.94 MLS 2603589
Jul 9, 2006 Price Increase $2,790,000 +1.45% $358.80 MLS 2603589
May 27, 2006 Price Decrease $2,750,000 -5.01% $353.65 MLS 2603589
Mar 7, 2006 Price Decrease $2,895,000 -1.86% $372.30 MLS 2603589
Feb 17, 2006 New Listing $2,950,000 $379.37 MLS 2603589
Nov 24, 2005 Withdrawn $2,900,000 $372.94 MLS 2508935
Jun 9, 2005 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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Hawaii House
Multi-Family Withdrawn $2,890,000 1454 Pele St, Honolulu, HI, 96813 7776 sqft Remove from Saved Save House