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1464 Thurston Ave, Honolulu, HI 96822

Multi-Family Home for sale 3,198 sqft Neighborhood:  Punchbowl Area $2,150,000
EXTREMELY RARE OPPORTUNITY to purchase a 7-unit apartment building on a prime 7,500-sqft, A-2 zoned lot in an unbeatable location in the heart of Makiki! Well-maintained, charming units - each with 1 bed/1 bath/1 parking. Freshly painted structure fronting Thurston Street has 4 units/4 covered parking stalls. Rear concrete structure has 3 units/3 open parking. Secured on-site laundry area. Most units have had renovations such as updated flooring, cabinets, counters. Separate electric meters. Being offered for the first time in decades, this property offers steady cash flow and tons of potential and possibilities! Amazing location near downtown, hospitals, freeway access, University of Hawaii, shopping and more! Do not disturb tenants or enter property without an appointment.
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Multi-family details

1954 year built
Year Built
1954
Original list price
$2,150,000
Days on market
6
Building type
Apartments,Multi Dwellings
Price per sqft
$672/sqft
Address

1464 Thurston Ave, Honolulu, HI, 96822

Neighborhood
Land tenure
FS - Fee Simple
Land SqFt
7,500 sqft
View
None
Listed by
BHGRE Advantage Realty
MLS #
202027333
Virtual Tour

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$7,077
Taxes
$500
HOA dues
$0
$7,577 per month
Mortgage
Down payment
$430,000 / 20%
Interest rate
2.81%
Loan type
30 years
Your amount $7,077 / month

Unit Information

7 total units
# of 1 Bd
7
# of 2 Bd
0
# of 3 Bd
0
Total Units
7

Amenities & Features

7 parking places
Stories
Two
Roof
Other
Construction
Concrete, Masonry/Stucco, Single Wall, Wood Frame
Utilities
Internet, Overhead Electricity, Public Water, Sewer Fee, Water
Property Condition
Above Average
Parking
Assigned, Covered, Open
nr.of parking places
7
Amenities
None

Income

Net Operating Income: $72,252
Total Actual Rent
$8,360
Total Annual Operating Expenses
$27,983
Total Income
$8,408
Net Operating Income
$72,252

Neighborhood: Punchbowl Area

Average price $518.72k
Neighborhood average sales price*
$518.72k
Neighborhood median sales price*
$451k
Number or sales*
46
Street median sales price*
$385k
*last 6 months

Schools

15 schools with rating up to 9
School rating Distance
5
out of 10
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
Elementary School
0.33mi
4
out of 10
Robert Louis Stevenson Middle School
1202 Prospect St, Honolulu, HI 96822
Middle School
0.419mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
High School
0.181mi
School rating Distance
5
out of 10
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
0.33mi
9
out of 10
President Abraham Lincoln Elementary School
615 Auwaiolimu St, Honolulu, HI 96813
0.532mi
5
out of 10
Royal Elementary School
1519 Queen Emma St, Honolulu, HI 96813
0.583mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.624mi
NR
Montessori Community School
1239 Nehoa Street, Honolulu, HI 96822
0.624mi
School rating Distance
4
out of 10
Robert Louis Stevenson Middle School
1202 Prospect St, Honolulu, HI 96822
0.419mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.624mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.624mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.677mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.727mi
School rating Distance
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.181mi
5
out of 10
President William Mckinley High School
1039 South King St, Honolulu, HI 96814
0.522mi
8
out of 10
President Theodore Roosevelt High School
1120 Nehoa St, Honolulu, HI 96822
0.605mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.624mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.624mi
Data provided by Greatschools.org

Price history

New Listing Oct 16, 2020
Date Event Price $/sqft Source
Oct 16, 2020 New Listing $2,150,000 $672.30 MLS #202027333
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Activity

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Tax details 1464 Thurston Ave, Honolulu, HI, 96822

12 - A-2 Medium Density Apartme zoning / MLS #202027333
Current Property Taxes p/month
$500
Property Tax Year
2020
Assessed Improvement value
$131,400
Assessed Land value
$1,581,300
TMK
1-2-4-015-003-0000
Land Recorded
Regular System
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Topography
Level
Location
Other
Lot Description
Clear
Property Setbacks
C&C, Of Record
Total Assessed value
$1,712,700

Hawaii House tour report 1464 Thurston Ave, Honolulu, HI, 96822

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Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.Listings last updated on 10-21-2020. Copyright 2020 by HiCentral Mls, Ltd. Listing courtesy of BHGRE Advantage Realty. 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.

Multi-Family Home for sale $2,150,000 1464 Thurston Ave, Honolulu, HI, 96822 3,198 sqft Save House Remove from Saved