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1508 Keeaumoku St Honolulu - Multi-family - photo 1 of 1 1508 Keeaumoku St Honolulu - Multi-family - photo 1 of 1
SOLD 07/29/16
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1508 Keeaumoku St B, Honolulu, HI 96822

Multi-Family · Sold · 8628 sqft · Sold 07/29/2016 $3,770,000 $4,050,000

First time being sold! Conveniently located Mauka of H-1 and is down a shared, private lane off of Keeaumoku Street. Includes hollow-tile, 15 - 2 bedroom/1 bathroom units with 15 parking stalls. Fully occupied with below market rents for upside potential. Separate electrical meters and individual water heaters. Coin operated washer/dryer but each lanai has washer hook-up. Stated NOI herein is proforma.
Details
  • Original list price$4,395,000
  • Days on market172
  • Building typeApartments
  • Price per sqft$437/sqft
  • Address

    1508 Keeaumoku St, Honolulu, HI, 96822

  • Year Built1970
  • FrontageOther
  • NeighborhoodMakiki Area
  • Land tenureFS - Fee Simple
  • Land SqFt7234 sqft
  • ViewNone
  • Listing provided courtesy ofKevin Y Nishikawa, Marcus & Associates, Inc.
Unit Information
  • # of 1 Bd0
  • # of 2 Bd15
  • # of 3 Bd0
  • Total Units15
Amenities & Features
  • Stories4-7
  • RoofPitch & Gravel
  • ConstructionHollow Tile
  • UtilitiesCable, Telephone, Underground Electricity, Water
  • Property ConditionAverage
  • ParkingAssigned, Covered
  • nr.of parking places15
  • AmenitiesNone
Income
  • Total Actual Rent$18,750
  • Total Annual Operating Expenses$69,379
  • Total Income$18,900
  • Net Operating Income$157,421
Schools
School ratingDistance
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
Elementary School
0.181mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
Middle School
0.181mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
High School
0.337mi
School ratingDistance
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.181mi
NR
Playmate Kindergarten, Day Care
1704 Keeaumoku Street, Honolulu, HI 96822
0.245mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.337mi
NR
Montessori Community School
1239 Nehoa Street, Honolulu, HI 96822
0.352mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.38mi
School ratingDistance
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.181mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.337mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.38mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.46mi
7
out of 10
Robert Louis Stevenson Middle School
1202 Prospect St, Honolulu, HI 96822
0.481mi
School ratingDistance
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.337mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.367mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.38mi
7
out of 10
President Theodore Roosevelt High School
1120 Nehoa St, Honolulu, HI 96822
0.451mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.46mi
Data provided by Greatschools.org
Neighborhood - Makiki Area
  • Neighborhood average sales price*$384.34k
  • Neighborhood median sales price*$322.5k
  • Number or sales*114
  • Street median sales price*$329k
Price history
Date Event Price $/sqft Source
Jul 29, 2016 Sold $3,770,000 $436.95 Public Record
May 17, 2016 In Escrow - still showing $4,050,000 $469.40 MLS 201603101
May 10, 2016 Price Decrease $4,050,000 -7.85% $469.40 MLS 201603101
Mar 29, 2016 Back On Market $4,395,000 $509.39 MLS 201603101
Mar 12, 2016 In Escrow - still showing $4,395,000 $509.39 MLS 201603101
Feb 25, 2016 Back On Market $4,395,000 $509.39 MLS 201603101
Feb 16, 2016 In Escrow - still showing $4,395,000 $509.39 MLS 201603101
Feb 8, 2016 New Listing $4,395,000 $509.39 MLS 201603101
Taxes
  • Current Property Taxes p/month$529
  • Property Tax Year2015
  • Assessed Improvement value$822,400
  • Assessed Land value$991,300
  • MLS #201603101
  • TMK1-2-4-021-072-0000
  • Land RecordedRegular System
  • Zoning12 - A-2 M
  • TopographyLevel
  • LocationDead End
  • Lot DescriptionOther
  • Property SetbacksOf Record
  • Total Assessed value$1,813,700
Agent viewpoints   of 1508 Keeaumoku St, Honolulu, HI, 96822
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

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Hawaii House
Multi-Family Sold $3,770,000 $4,050,000 1508 Keeaumoku St, Honolulu, HI, 96822 8628 sqft Remove from Saved Save House