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*$569.21k
  • Neighborhood median sales price*$550k
  • Number or sales*29
Price history
Date Event Price $/sqft Source
Mar 1, 2013 Sold $6,400,000 +60% from last sold price 0 Public Record
Jan 1, 2013 Expired $5,850,000 0 MLS 1203849
Aug 9, 2012 In Escrow - still showing $5,850,000 0 MLS 1203849
Apr 7, 2012 New Listing $5,850,000 0 MLS 1203849
Jan 1, 2012 Expired $6,300,000 0 MLS 1101846
May 24, 2011 Price Decrease $6,300,000 -7.35% 0 MLS 1101846
Feb 14, 2011 New Listing $6,800,000 0 MLS 1101846
Feb 13, 2004 Sold $4,000,000 +113.33% from last sold price 0 Public Record
Jan 15, 2004 In Escrow - still showing $4,199,000 0 MLS 2310372
Dec 26, 2003 Back On Market $4,199,000 0 MLS 2310372
Dec 26, 2003 In Escrow - not showing $4,199,000 0 MLS 2310372
Nov 5, 2003 Price Increase $4,199,000 +5% 0 MLS 2310372
Aug 12, 2003 New Listing $3,999,000 0 MLS 2310372
Nov 27, 2002 Sold $1,875,000 +20.97% from last sold price 0 Public Record
Nov 4, 2002 In Escrow - not showing $1,875,000 0 MLS 2200206
Jan 8, 2002 New Listing $1,875,000 0 MLS 2200206
Mar 8, 2001 Price Decrease $1,550,000 -6.06% 0 MLS 2011692
Feb 27, 2001 Sold $1,550,000 0 Public Record
Nov 30, 2000 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