Hawaii House
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1719 Nuuanu Avenue, Honolulu, HI 96817

Multi-Family · Sold · Sold 03/01/2013 $6,400,000 $5,850,000

Pro Forma Income and expense with room for improvements. 6.24% CAP RATE! Adjoining parcel (37 B&D Kauila St) with 8 more units can be purchased together for $7,300,000. Development potential because of its large parcel of 24,000 sq.ft and 7,000 sq. ft adjoining parcel. LARGEST FEE SIMPLE APT. ZONED PARCEL IN HONOLULU! Great location only minutes away from downtown Honolulu.
Details
  • Original list price$5,850,000
  • Days on market328
  • Building typeApartments
  • Address

    1719 Nuuanu Avenue, Honolulu, HI, 96817

  • Year Built1950
  • NeighborhoodNuuanu-lower
  • Land tenureFS - Fee Simple
  • Land SqFt24593 sqft
  • ViewNone
Unit Information
  • # of 1 Bd10
  • # of 2 Bd24
  • # of 3 Bd0
  • Total Units34
Amenities & Features
  • StoriesTwo
  • RoofAsphalt Shingle
  • ConstructionAbove Ground, Hollow Tile, Single Wall
  • UtilitiesCable, Connected
  • Property ConditionAverage
  • ParkingAssigned, Open
  • nr.of parking places24
  • AmenitiesNone
Income
  • Total Actual Rent$465,000
  • Total Annual Operating Expenses$100,000
  • Total Income$465,000
  • Net Operating Income$365,000
Schools Nearby
-
Neighborhood - Nuuanu-lower
  • Neighborhood average sales price*$693.65k
  • Neighborhood median sales price*$660k
  • Number or sales*31
Price history
Date Event Price $/sqft Source
2013-03-01 Sold $6,400,000 +60% from last sold price 0 Public Record
2013-01-01 Expired $5,850,000 0 MLS 1203849
2012-08-09 In Escrow - still showing $5,850,000 0 MLS 1203849
2012-04-07 New Listing $5,850,000 0 MLS 1203849
2012-01-01 Expired $6,300,000 0 MLS 1101846
2011-05-24 Price Decrease $6,300,000 -7.35% 0 MLS 1101846
2011-02-14 New Listing $6,800,000 0 MLS 1101846
2004-02-13 Sold $4,000,000 +113.33% from last sold price 0 Public Record
2004-01-15 In Escrow - still showing $4,199,000 0 MLS 2310372
2003-12-26 Back On Market $4,199,000 0 MLS 2310372
2003-12-26 In Escrow - not showing $4,199,000 0 MLS 2310372
2003-11-05 Price Increase $4,199,000 +5% 0 MLS 2310372
2003-08-12 New Listing $3,999,000 0 MLS 2310372
2002-11-27 Sold $1,875,000 +20.97% from last sold price 0 Public Record
2002-11-04 In Escrow - not showing $1,875,000 0 MLS 2200206
2002-01-08 New Listing $1,875,000 0 MLS 2200206
2001-03-08 Price Decrease $1,550,000 -6.06% 0 MLS 2011692
2001-02-27 Sold $1,550,000 0 Public Record
2000-11-30 New Listing $1,650,000 0 MLS 2011692
Taxes
  • Current Property Taxes p/month$14,875
  • Property Tax Year2011
  • Assessed Improvement value$103,430
  • Assessed Land value$3,270,900
  • MLS #1203849
  • TMK1-2-2-001-048-0000
  • Land RecordedDual Systems
  • Zoning11 - A-1 L
  • TopographyLevel
  • LocationInside
  • Lot DescriptionOther
  • Property SetbacksOf Record
  • Total Assessed value$3,374,330
Agent viewpoints   of 1719 Nuuanu Avenue, Honolulu, HI, 96817
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

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Hawaii House
Multi-Family Sold $6,400,000 $5,850,000 1719 Nuuanu Avenue, Honolulu, HI, 96817 Remove from Saved Save House