Hawaii House
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1515 S King St B, Honolulu, HI 96826

Multi-Family · Sold · 3520 sqft · Sold 02/10/2016 $2,200,000 $2,248,000

No Vacancy. Solid 5.3% Return on existing inc/exp. Additional parking for lease one lot away for $65/MO. BMX-3 Zoning means flexible use, and existing residential use exemption for lower rpt. Phenomenal location with walkability to Waikiki, Ala Moana, and Manoa. Turn-key infrastructure, copper plumbing, and newer roof & paint. Desirable hollow-tile construction. 6 upgraded units, no laundry--opportunity to add for more income.
Details
  • Original list price$2,398,000
  • Days on market310
  • Building typeApartments
  • Price per sqft$625/sqft
  • Address

    1515 S King St, Honolulu, HI, 96826

  • Year Built1958
  • NeighborhoodPawaa
  • Land tenureFS - Fee Simple
  • Land SqFt5691 sqft
  • ViewCity
  • Listing provided courtesy ofChristina L Dwight, Commercial Inv. Strategies
Unit Information
  • # of 1 Bd10
  • # of 2 Bd0
  • # of 3 Bd0
  • Total Units10
Amenities & Features
  • StoriesTwo
  • FurnishedPartial
  • RoofCustom/Specialty
  • ConstructionConcrete, Hollow Tile
  • UtilitiesOverhead Electricity, Water
  • Property ConditionAbove Average
  • ParkingAssigned
  • nr.of parking places6
  • AmenitiesNone
Income
  • Total Actual Rent$12,050
  • Total Annual Operating Expenses$25,404
  • Total Income$144,600
  • Net Operating Income$119,196
Schools
School ratingDistance
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
Elementary School
0.305mi
5
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
Middle School
0.125mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
High School
0.376mi
School ratingDistance
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.305mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.376mi
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
0.436mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.442mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
0.502mi
School ratingDistance
5
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.125mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.305mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.376mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.442mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
0.502mi
School ratingDistance
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.376mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.442mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
0.502mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.517mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.696mi
Data provided by Greatschools.org
Neighborhood - Pawaa
  • Neighborhood average sales price*$445.29k
  • Neighborhood median sales price*$360k
  • Number or sales*24
  • Street median sales price*$1.2m
Price history
Date Event Price $/sqft Source
Feb 10, 2016 Sold $2,200,000 +39.68% from last sold price $625.00 Public Record
Jan 9, 2016 In Escrow - not showing $2,248,000 $638.64 MLS 201505089
Oct 13, 2015 Back On Market $2,248,000 $638.64 MLS 201505089
Sep 22, 2015 In Escrow - still showing $2,248,000 $638.64 MLS 201505089
Aug 13, 2015 Price Decrease $2,248,000 -2.18% $638.64 MLS 201505089
Jun 16, 2015 Price Decrease $2,298,000 -4.17% $652.84 MLS 201505089
Apr 7, 2015 New Listing $2,398,000 $681.25 MLS 201505089
Mar 23, 2015 Withdrawn $2,430,000 $690.34 MLS 201502971
Feb 25, 2015 New Listing $2,430,000 $690.34 MLS 201502971
Mar 23, 2015 Withdrawn $2,430,000 $690.34 MLS 201423477
Jan 5, 2015 New Listing $2,430,000 $690.34 MLS 201423477
Jan 6, 2014 Sold $1,575,000 $447.44 Public Record
Nov 26, 2013 In Escrow - still showing $1,750,000 $497.16 MLS 201333689
Oct 6, 2013 New Listing $1,750,000 $497.16 MLS 201333689
Mar 7, 2007 Expired $1,750,000 $497.16 MLS 2621870
Dec 5, 2006 New Listing $1,750,000 $497.16 MLS 2621870
Mar 7, 2007 Expired $1,750,000 $497.16 MLS 2621868
Dec 5, 2006 New Listing $1,750,000 $497.16 MLS 2621868
Taxes
  • Current Property Taxes p/month$662
  • Property Tax Year2014
  • Assessed Improvement value$200,400
  • Assessed Land value$1,081,300
  • MLS #201505089
  • TMK1-2-3-019-054-0000
  • Land RecordedLand Court
  • Zoning33 - BMX-3
  • TopographyLevel
  • LocationCul-De-Sac
  • Lot DescriptionClear
  • Property SetbacksC&C
  • Total Assessed value$1,281,700
Agent viewpoints   of 1515 S King St, Honolulu, HI, 96826
Stunning views
Ocean views
Open floorplan
Needs Work
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Hawaii House
Multi-Family Sold $2,200,000 $2,248,000 1515 S King St, Honolulu, HI, 96826 3520 sqft Remove from Saved Save House