Back to search
Share
Save
Saved
Contact Agent
Login Join
Share
Photos
About
Details
Open Houses
Monthly payment
Сommute & accessibility
Unit Information
Amenties & Features
Income
Neighborhood
Schools
Price history
Activity
Taxes
Tour report
Similar
Recently sold
Ask a question
Contact agent
Save
Saved
Map View
Share
Save
Saved

1576 Pensacola Street, Honolulu, HI 96822

$2,500,000 Multi-Family Home in escrow - still showing 3,312 sqft Neighborhood:  Makiki Area
This 10,858 sq ft of prime (A-2) Apartment zoned land in Makiki has a solid 2 story apartment building with a 3 bed / 2 bath upstairs as well as a 3/2 downstairs, 1,320 sq ft of living space each, granite countertops in the kitchens and bathrooms, and painted concrete floors. The vintage corner 2/1 cottage (672 sq ft with address of 1580 Pensacola St) nestled under the iconic Makiki banyan tree makes for shady natural living. Each of the 3 units are separately metered for electricity, and each has their own laundry. This great location on the corner of Pensacola St and Wilder Ave is convenient to bus lines, Biki bikes, and just minutes to the freeway. You'll see that the back of the property on the Wilder Avenue side is bare and ready to be developed. Ask your architect about the massive development potential of a 10,858 sq ft parcel within a medium density A-2 Apartment Zone especially given the provisions of the City's Bill 7, the State's 201H Housing Program, or to simply build an apartment building and maximize the standard entitlements. The units are tenant occupied. Please do not walk on the property nor disturb the tenants.
Read more

Multi-family details

1960 year built
Year Built
1960
Year Remodeled
2007
Original list price
$2,500,000
Days on market
15
Building type
Apartments,Duplex,Multi Dwellings
Price per sqft
$755/sqft
Address

1576 Pensacola Street, Honolulu, HI, 96822

Frontage
Other
Neighborhood
Makiki Area
Land tenure
FS - Fee Simple
Land SqFt
10,858 sqft
View
Cemetery, City, Garden, Mountain
Listed by
eXp Realty
MLS #
202125316

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$8,530
Taxes
$718
HOA dues
$0
$9,248 per month
Mortgage
Down payment
$500,000 / 20%
Interest rate
3.09%
Loan type
30 years
Your amount $8,530 / month

Commute & accessibility

Coffee shops
4 mins walk
0.25 mi
Bus stop
less than a minute walk
0.01 mi
Supermarket
5 mins walk
0.27 mi
Hospital
4 mins by bike
0.81 mi
Park
3 mins by bike
0.6 mi
Beach
5 mins by car
2.37 mi
Elementary school
8 mins walk
0.42 mi
Middle school
5 mins walk
0.27 mi
High school
3 mins walk
0.17 mi
Local airport
12 mins by car
7.16 mi
Add commute
Sign up or login to make most use of your commute searches

Unit Information

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

Amenities & Features

9 parking places
Stories
One, Two
Furnished
None
Roof
Asphalt Shingle, Composition
Construction
Brick, Hollow Tile, Single Wall
Utilities
Cable, Internet, Overhead Electricity, Sewer Fee, Telephone, Water
Property Condition
Above Average, Average
Parking
Assigned
nr.of parking places
9
Amenities
A/C, Storage

Income

Net Operating Income: $53,250
Total Actual Rent
$6,000
Total Annual Operating Expenses
$18,750
Total Income
$72,000
Net Operating Income
$53,250

Neighborhood: Makiki Area

Average price $453k
Neighborhood average sales price*
$453k
Neighborhood median sales price*
$373.5k
Number or sales*
132
Street median sales price*
$355k
*last 6 months

Schools

15 schools with rating up to 9
School rating Distance
NR
Montessori Community School
1239 Nehoa Street, Honolulu, HI 96822
Elementary School
0.357mi
4
out of 10
Robert Louis Stevenson Middle School
1202 Prospect St, Honolulu, HI 96822
Middle School
0.236mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
High School
0.177mi
School rating Distance
NR
Montessori Community School
1239 Nehoa Street, Honolulu, HI 96822
0.357mi
5
out of 10
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
0.357mi
9
out of 10
President Abraham Lincoln Elementary School
615 Auwaiolimu St, Honolulu, HI 96813
0.393mi
NR
Playmate Kindergarten, Day Care
1704 Keeaumoku Street, Honolulu, HI 96822
0.439mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.493mi
School rating Distance
4
out of 10
Robert Louis Stevenson Middle School
1202 Prospect St, Honolulu, HI 96822
0.236mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.493mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.657mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.674mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.776mi
School rating Distance
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.177mi
7
out of 10
President Theodore Roosevelt High School
1120 Nehoa St, Honolulu, HI 96822
0.36mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.657mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.674mi
3
out of 10
President William Mckinley High School
1039 South King St, Honolulu, HI 96814
0.686mi
Data provided by Greatschools.org

Price history

Under contract Oct 25, 2021
Date Event Price $/sqft Source
Oct 25, 2021 Under contract $2,500,000 $754.83 MLS #202125316
Oct 11, 2021 New Listing $2,500,000 $754.83 MLS #202125316
Oct 4, 2021 Coming Soon $2,500,000 +108.33% $754.83 MLS #202125316
Feb 27, 2010 Sold $1,200,000 -4.76% from last sold price $362.32 Public Record
Nov 27, 2009 Under contract $1,260,000 $380.43 MLS #2913530
Oct 13, 2009 New Listing $1,260,000 -1.95% $380.43 MLS #2913530
Oct 1, 2009 Expired $1,285,000 $387.98 MLS #2910780
Aug 11, 2009 New Listing $1,285,000 -7.89% $387.98 MLS #2910780
May 26, 2009 Expired $1,395,000 $421.20 MLS #2905362
Apr 17, 2009 New Listing $1,395,000 -6.69% $421.20 MLS #2905362
Apr 2, 2009 Expired $1,495,000 $451.39 MLS #2903023
Mar 2, 2009 New Listing $1,495,000 -6.27% $451.39 MLS #2903023
Mar 1, 2009 Expired $1,595,000 $481.58 MLS #2818841
Dec 2, 2008 New Listing $1,595,000 -5.9% $481.58 MLS #2818841
Dec 1, 2008 Expired $1,695,000 $511.78 MLS #2816253
Oct 8, 2008 New Listing $1,695,000 $511.78 MLS #2816253
Oct 6, 2008 Expired $1,695,000 $511.78 MLS #2814502
Sep 4, 2008 New Listing $1,695,000 -5.57% $511.78 MLS #2814502
Aug 12, 2008 Withdrawn $1,795,000 $541.97 MLS #2804795
Jul 15, 2008 Price Decrease $1,795,000 -5.28% $541.97 MLS #2804795
Mar 20, 2008 New Listing $1,895,000 $572.16 MLS #2804795
Show more Show less

Activity

View activity
34
times viewed
0
favorited

Tax details 1576 Pensacola Street, Honolulu, HI, 96822

12 - A-2 Medium Density Apartme zoning / MLS #202125316
Current Property Taxes p/month
$718
Property Tax Year
2020
Assessed Improvement value
$319,400
Assessed Land value
$2,160,500
TMK
1-2-4-018-001-0000
Land Recorded
Regular System
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Topography
Gentle Slope
Location
Corner
Lot Description
Clear
Property Setbacks
Of Record
Total Assessed value
$2,479,900

Hawaii House tour report 1576 Pensacola Street, Honolulu, HI, 96822

No reviews yet
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
Show more Show less
We do not have a Hawaii House tour report for this listing yet.
As soon as we do, we post it here.

Similar homes nearby 1576 Pensacola Street, Honolulu, HI, 96822

Recently sold nearby 1576 Pensacola Street, Honolulu, HI, 96822

Ask a question

or Call 808-394-9779

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.Listings last updated on 10-26-2021. Copyright 2021 by HiCentral Mls, Ltd. Listing courtesy of eXp Realty. 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.

Multi-Family Home in escrow - still showing $2,500,000 1576 Pensacola Street, Honolulu, HI, 96822 3,312 sqft Save House Remove from Saved