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 Nearby
-
Neighborhood - Punchbowl Area
  • Neighborhood average sales price*$451.7k
  • Neighborhood median sales price*$382k
  • Number or sales*56
Price history
Date Event Price $/sqft Source
2016-01-22 Sold $1,760,000 +53.04% from last sold price $440.00 Public Record
2016-01-01 Expired $1,790,000 $447.50 MLS 201509151
2015-10-28 In Escrow - still showing $1,790,000 $447.50 MLS 201509151
2015-10-15 Price Decrease $1,790,000 -8.67% $447.50 MLS 201509151
2015-06-01 New Listing $1,960,000 $490.00 MLS 201509151
2015-04-10 Withdrawn $2,248,000 $562.00 MLS 201502312
2015-03-24 Price Decrease $2,248,000 -6.14% $562.00 MLS 201502312
2015-02-12 New Listing $2,395,000 $598.75 MLS 201502312
2014-02-11 Sold $1,150,000 0% from last sold price $287.50 Public Record
2014-02-02 In Escrow - not showing $1,250,000 $312.50 MLS 201337660
2013-12-27 In Escrow - still showing $1,250,000 $312.50 MLS 201337660
2013-12-13 New Listing $1,250,000 $312.50 MLS 201337660
2014-02-11 Sold $1,150,000 +188.22% from last sold price $287.50 Public Record
2014-02-02 In Escrow - not showing $1,250,000 $312.50 MLS 201334365
2013-12-27 In Escrow - still showing $1,250,000 $312.50 MLS 201334365
2013-10-21 New Listing $1,250,000 $312.50 MLS 201334365
2013-08-27 Expired $1,250,000 $312.50 MLS 1304187
2013-04-15 New Listing $1,250,000 $312.50 MLS 1304187
2007-05-10 Expired $1,198,000 $299.50 MLS 2611735
2006-09-27 Temporarily Withdrawn $1,198,000 $299.50 MLS 2611735
2006-09-15 In Escrow - still showing $1,198,000 $299.50 MLS 2611735
2006-07-20 Price Decrease $1,198,000 -6.99% $299.50 MLS 2611735
2006-06-21 New Listing $1,288,000 $322.00 MLS 2611735
2001-07-26 Sold $399,000 $99.75 Public Record
2001-05-07 In Escrow - not showing $399,000 $99.75 MLS 2102484
2001-03-09 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
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

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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