Hawaii House
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1559 Magazine St, Honolulu, HI 96822

Multi-Family · Sold · 4000 sqft · Sold 01/22/2016 $1,760,000 $1,790,000

Great investment opportunity or for a multi-generational family. A-2 zone.2 houses, 3 enclosed garages with addition of 2 new covered parking stalls(which can fit 4 tandem parked cars). Back house with 2 units. Upstairs unit 3 bedrooms, 2 and 1/2baths, high ceilings throughout unit with 20 foot high ceilings in living room.(Interior home pictures are those of the upstairs apartment). Down stairs back unit includes a 3 bedroom 2 bath apartment. Separate single family home unit fronting the street and over the 2car garage. Each unit with their own entrance, patio / deck. Lots of individual privacy. One common deck over open garage. All apartment beautifully renovated. Upgraded plumbing, electrical, stucco. All units with upgraded kitchen, bathrooms appliances and granite tops with tile floors for low maintenance Easy to rent, easily accessible, central location with good income.
Details
  • Original list price$1,960,000
  • Days on market235
  • Building typeApartments,Multi Dwellings
  • Price per sqft$440/sqft
  • Address

    1559 Magazine St, Honolulu, HI, 96822

  • Year Built1950
  • FrontageOther
  • NeighborhoodPunchbowl Area
  • Land tenureFS - Fee Simple
  • Land SqFt4964 sqft
  • ViewNone
Unit Information
  • # of 1 Bd0
  • # of 2 Bd0
  • # of 3 Bd3
  • Total Units3
Amenities & Features
  • StoriesTwo
  • RoofAluminum/Steel, Asphalt Shingle
  • ConstructionConcrete, Masonry/Stucco, Single Wall, Wood Frame
  • UtilitiesCable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
  • Property ConditionExcellent
  • ParkingAssigned, Covered, Tandem
  • nr.of parking places5
  • AmenitiesA/C
Income
  • Total Actual Rent$9,000
  • Total Annual Operating Expenses$6,408
  • Total Income$9,000
  • Net Operating Income$101,592
Schools
School ratingDistance
6
out of 10
President Abraham Lincoln Elementary School
615 Auwaiolimu St, Honolulu, HI 96813
Elementary School
0.403mi
7
out of 10
Robert Louis Stevenson Middle School
1202 Prospect St, Honolulu, HI 96822
Middle School
0.303mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
High School
0.235mi
School ratingDistance
6
out of 10
President Abraham Lincoln Elementary School
615 Auwaiolimu St, Honolulu, HI 96813
0.403mi
6
out of 10
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
0.424mi
8
out of 10
Royal Elementary School
1519 Queen Emma St, Honolulu, HI 96813
0.54mi
NR
Montessori Community School
1239 Nehoa Street, Honolulu, HI 96822
0.546mi
NR
Playmate Kindergarten, Day Care
1704 Keeaumoku Street, Honolulu, HI 96822
0.661mi
School ratingDistance
7
out of 10
Robert Louis Stevenson Middle School
1202 Prospect St, Honolulu, HI 96822
0.303mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.668mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.668mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.698mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.762mi
School ratingDistance
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.235mi
7
out of 10
President Theodore Roosevelt High School
1120 Nehoa St, Honolulu, HI 96822
0.506mi
7
out of 10
President William Mckinley High School
1039 South King St, Honolulu, HI 96814
0.652mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.668mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.668mi
Data provided by Greatschools.org
Neighborhood - Punchbowl Area
  • Neighborhood average sales price*$516.57k
  • Neighborhood median sales price*$455k
  • Number or sales*59
  • Street median sales price*$308.5k
Price history
Date Event Price $/sqft Source
Jan 22, 2016 Sold $1,760,000 +53.04% from last sold price $440.00 Public Record
Jan 1, 2016 Expired $1,790,000 $447.50 MLS 201509151
Oct 28, 2015 In Escrow - still showing $1,790,000 $447.50 MLS 201509151
Oct 15, 2015 Price Decrease $1,790,000 -8.67% $447.50 MLS 201509151
Jun 1, 2015 New Listing $1,960,000 $490.00 MLS 201509151
Apr 10, 2015 Withdrawn $2,248,000 $562.00 MLS 201502312
Mar 24, 2015 Price Decrease $2,248,000 -6.14% $562.00 MLS 201502312
Feb 12, 2015 New Listing $2,395,000 $598.75 MLS 201502312
Feb 11, 2014 Sold $1,150,000 0% from last sold price $287.50 Public Record
Feb 2, 2014 In Escrow - not showing $1,250,000 $312.50 MLS 201337660
Dec 27, 2013 In Escrow - still showing $1,250,000 $312.50 MLS 201337660
Dec 13, 2013 New Listing $1,250,000 $312.50 MLS 201337660
Feb 11, 2014 Sold $1,150,000 +188.22% from last sold price $287.50 Public Record
Feb 2, 2014 In Escrow - not showing $1,250,000 $312.50 MLS 201334365
Dec 27, 2013 In Escrow - still showing $1,250,000 $312.50 MLS 201334365
Oct 21, 2013 New Listing $1,250,000 $312.50 MLS 201334365
Aug 27, 2013 Expired $1,250,000 $312.50 MLS 1304187
Apr 15, 2013 New Listing $1,250,000 $312.50 MLS 1304187
May 10, 2007 Expired $1,198,000 $299.50 MLS 2611735
Sep 27, 2006 Temporarily Withdrawn $1,198,000 $299.50 MLS 2611735
Sep 15, 2006 In Escrow - still showing $1,198,000 $299.50 MLS 2611735
Jul 20, 2006 Price Decrease $1,198,000 -6.99% $299.50 MLS 2611735
Jun 21, 2006 New Listing $1,288,000 $322.00 MLS 2611735
Jul 26, 2001 Sold $399,000 $99.75 Public Record
May 7, 2001 In Escrow - not showing $399,000 $99.75 MLS 2102484
Mar 9, 2001 New Listing $399,000 $99.75 MLS 2102484
Taxes
  • Current Property Taxes p/month$234
  • Property Tax Year2014
  • Assessed Improvement value$312,100
  • Assessed Land value$819,100
  • MLS #201509151
  • TMK1-2-4-016-056-0000
  • Land RecordedRegular System
  • Zoning12 - A-2 M
  • TopographyGentle Slope
  • LocationOther
  • Lot DescriptionClear
  • Property SetbacksNone
  • Total Assessed value$1,131,200
Agent viewpoints   of 1559 Magazine St, Honolulu, HI, 96822
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Open floorplan
Needs Work
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Hawaii House
Multi-Family Sold $1,760,000 $1,790,000 1559 Magazine St, Honolulu, HI, 96822 4000 sqft Remove from Saved Save House