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
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 Nearby
-
Neighborhood - Pawaa
  • Neighborhood average sales price*$518.87k
  • Neighborhood median sales price*$349k
  • Number or sales*33
  • Street median sales price*$70k
Price history
Date Event Price $/sqft Source
2016-02-10 Sold $2,200,000 +39.68% from last sold price $625.00 Public Record
2016-01-09 In Escrow - not showing $2,248,000 $638.64 MLS 201505089
2015-10-13 Back On Market $2,248,000 $638.64 MLS 201505089
2015-09-22 In Escrow - still showing $2,248,000 $638.64 MLS 201505089
2015-08-13 Price Decrease $2,248,000 -2.18% $638.64 MLS 201505089
2015-06-16 Price Decrease $2,298,000 -4.17% $652.84 MLS 201505089
2015-04-07 New Listing $2,248,000 $638.64 MLS 201505089
2015-03-23 Withdrawn $2,430,000 $690.34 MLS 201502971
2015-02-25 New Listing $2,430,000 $690.34 MLS 201502971
2015-03-23 Withdrawn $2,430,000 $690.34 MLS 201423477
2015-01-05 New Listing $2,430,000 $690.34 MLS 201423477
2014-01-06 Sold $1,575,000 $447.44 Public Record
2013-11-26 In Escrow - still showing $1,750,000 $497.16 MLS 201333689
2013-10-06 New Listing $1,750,000 $497.16 MLS 201333689
2007-03-07 Expired $1,750,000 $497.16 MLS 2621870
2006-12-05 New Listing $1,750,000 $497.16 MLS 2621870
2007-03-07 Expired $1,750,000 $497.16 MLS 2621868
2006-12-05 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
Street noise

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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