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1551 Thurston Ave, Honolulu, HI, 96822
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Unit Information
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Income
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Schools
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1551 Thurston Ave, Honolulu, HI 96822

$2,300,000 Multi-Family Home withdrawn 8,242 sqft Neighborhood:  Punchbowl Area
- min drive to surf
About lifestyles
Makiki Terrace Apartment consists of eighteen apartment units in three (3) walk-up apartment buildings. Property exterior has been recently painted. Stabilized NOI and solid history of stable occupancy. Offered at a 6.39% CAP on ACTUAL INCOME including managment fee. Best deal in Makiki for income and price per unit.
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Multi-family details

1954 year built
  • Year Built 1954
  • Year Remodeled 2011
  • Original list price $2,350,000
  • Days on market 2857
  • Building type Apartments,Fourplex,Multi Dwellings
  • Price per sqft $279/sqft
  • Address

    1551 Thurston Ave, Honolulu, HI, 96822

  • Neighborhood Punchbowl Area
  • Land tenure FS - Fee Simple
  • Land SqFt 8,699 sqft
  • View City, Mountain, Ocean

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$11,728
Taxes
$5,687
HOA dues
$0
$17,415 per month
Mortgage
Down payment
$460,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $11,728 / month

Neighborhood: Punchbowl Area

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
11.00 / 20
Somewhat walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

18 total units
# of 1 Bd
16
# of 2 Bd
0
# of 3 Bd
1
Total Units
18

Amenities & Features

9 parking places
Stories
Three, Two
Furnished
Partial
Roof
Asphalt Shingle, Composition, Pitch & Gravel
Construction
Concrete, Hollow Tile, Single Wall
Utilities
Cable, Connected, Internet, Overhead Electricity, Public Water, Telephone, Water
Property Condition
Above Average, Average
Parking
Assigned, Covered
nr.of parking places
9
Amenities
None

Income

Net Operating Income: $146,940
Total Actual Rent
$1
Total Annual Operating Expenses
$64,860
Total Income
$211,800
Net Operating Income
$146,940

Punchbowl Area prices

Average price $552.22k
Neighborhood average sales price*
$552.22k
Neighborhood median sales price*
$441.5k
Number or sales*
496
Street median sales price*
$756.5k
Median sale price Waikiki Banyan*
$756.5k
*last 6 months

Schools

15 schools with rating up to 9
School rating Distance
4
out of 10
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
Elementary School
0.309mi
5
out of 10
Robert Louis Stevenson Middle School
1202 Prospect St, Honolulu, HI 96822
Middle School
0.313mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
High School
0.11mi
School rating Distance
4
out of 10
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
0.309mi
9
out of 10
President Abraham Lincoln Elementary School
615 Auwaiolimu St, Honolulu, HI 96813
0.451mi
NR
Montessori Community School
1239 Nehoa Street, Honolulu, HI 96822
0.486mi
NR
Playmate Kindergarten, Day Care
1704 Keeaumoku Street, Honolulu, HI 96822
0.564mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.567mi
School rating Distance
5
out of 10
Robert Louis Stevenson Middle School
1202 Prospect St, Honolulu, HI 96822
0.313mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.567mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.752mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.761mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.761mi
School rating Distance
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.11mi
5
out of 10
President Theodore Roosevelt High School
1120 Nehoa St, Honolulu, HI 96822
0.477mi
3
out of 10
President William Mckinley High School
1039 South King St, Honolulu, HI 96814
0.592mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.752mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.761mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Withdrawn Dec 10, 2012
Date Event Price $/sqft Source
Dec 10, 2012 Withdrawn $2,300,000 $279.06 MLS #1206986
Aug 7, 2012 Price Decrease $2,300,000 -2.13% $279.06 MLS #1206986
Jun 21, 2012 New Listing $2,350,000 $285.12 MLS #1206986
Mar 22, 2012 Withdrawn $2,350,000 $285.12 MLS #1201034
Jan 27, 2012 New Listing $2,350,000 -5.55% $285.12 MLS #1201034
Jan 9, 2012 Withdrawn $2,488,000 $301.87 MLS #1113137
Jan 9, 2012 Temporarily Withdrawn $2,488,000 $301.87 MLS #1113137
Nov 1, 2011 New Listing $2,488,000 +39.15% $301.87 MLS #1113137
Aug 18, 2011 Sold $1,788,000 $216.94 Public Record
Apr 27, 2011 In Escrow - still showing $1,788,000 $216.94 MLS #1104967
Apr 25, 2011 Price Increase $1,788,000 +10.03% $216.94 MLS #1104967
Apr 25, 2011 New Listing $1,625,000 $197.16 MLS #1104967
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Tax & MLS details 1551 Thurston Ave, Honolulu, HI, 96822

12 - A-2 Medium Density Apartme zoning / MLS #1206986
Current Property Taxes p/month
$5,687
Property Tax Year
2011
Assessed Improvement value
$354,700
Assessed Land value
$1,321,800
TMK
1-2-4-017-025-0000
Land Recorded
Regular System
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Topography
Down Slope,Level
Location
Other
Lot Description
Other
Property Setbacks
Of Record
Total Assessed value
$1,676,500
Listed by
Avalon Realty LLC
MLS #
1206986
Hawaii House tour report for this multi-family home
No reviews yet
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Frequently asked questions for 1551 Thurston Ave

When was this multi-family home built and last sold?

This house was build in 1954.

What is the full address of this multi-family home?

1551 Thurston Ave, Honolulu, HI, 96822.

Are there beaches near 1551 Thurston Ave?

No, there aren't.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Avalon Realty LLC. 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.

Listings last updated on February 18, 2013.
Hawaii House Last checked 1 minute ago.

Multi-Family Home withdrawn $2,300,000 1551 Thurston Ave, Honolulu, HI, 96822 8,242 sqft Save House Remove from Saved