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1735 Young Street, Honolulu, HI, 96826
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1735 Young Street, Honolulu, HI 96826

$8,137,500 $8,250,000 Multi-Family Home sold 16,170 sqft Neighborhood:  Moiliili Sold 02/16/2022 $8,137,500 $8,250,000
5 min drive to The Wall
27 min walk to Break
About lifestyles
First time on the market for sale. Built to last, all concrete/CMU buildings in very good condition, owned and maintained by one family. Solid income property, currently below market rent with upside potential in one of Honolulu's up and coming mixed business neighborhoods where highest and best use redevelopment is possible. The Wong Lum Apartments are comprised of 2 separate three-story walk-up apartment buildings, consisting of 13-two bedroom units and 12-one bedroom units situated on AMX-2 zoned land totaling approximately 11,392 square feet. Community coin laundry located on the ground floor at the back of each building. Stable long-term tenant mix, easy to rent, located in a prime business and residential area allowing for convenience to retail establishments, public transportation, schools, hospitals, parks and recreation. This offering presents a unique opportunity for value-add investors and/or developers looking to acquire a strong income producing property for further redevelopment options in the future.
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Multi-family details

1959 year built
  • Year Built 1959
  • Year Remodeled 1970
  • Original list price $8,250,000
  • Days on market 86
  • Building type Apartments
  • Price per sqft $503/sqft
  • Address

    1735 Young Street, Honolulu, HI, 96826

  • Neighborhood Moiliili
  • Land tenure FS - Fee Simple
  • Land SqFt 11,392 sqft
  • View City, Garden

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$41,491
Taxes
$1,074
HOA dues
$0
$42,565 per month
Mortgage
Down payment
$1,627,500 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $41,491 / month

Neighborhood: Moiliili

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
17.83 / 20
Very walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

25 total units
# of 1 Bd
12
# of 2 Bd
13
# of 3 Bd
0
Total Units
25

Amenities & Features

19 parking places
Stories
Three
Furnished
Partial
Roof
Other
Construction
Above Ground, Concrete, Hollow Tile, Slab
Utilities
Cable, Internet, Overhead Electricity, Public Water, Water
Property Condition
Above Average
Parking
Assigned, Covered, Open, Tandem
nr.of parking places
19
Amenities
None

Income

Net Operating Income: $270,525
Total Actual Rent
$27,262
Total Annual Operating Expenses
$65,937
Total Income
$336,462
Net Operating Income
$270,525

Moiliili prices

Average price $903.75k
Neighborhood average sales price*
$903.75k
Neighborhood median sales price*
$712.5k
Number or sales*
12
*last 6 months

Schools

15 schools with rating up to 6
School rating Distance
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
Elementary School
0.289mi
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
Middle School
0.157mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
High School
0.305mi
School rating Distance
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
0.289mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.305mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.328mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
0.343mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.423mi
School rating Distance
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.157mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.305mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.328mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
0.343mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.423mi
School rating Distance
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.305mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.328mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
0.343mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.44mi
NR
Lutheran High School Of Hawaii
1404 University Avenue, Honolulu, HI 96822
0.739mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Withdrawn Feb 21, 2022
Date Event Price $/sqft Source
Feb 21, 2022 Withdrawn $1,675 $0.10 MLS #202130330
Jan 21, 2022 Price Decrease $1,675 -1.47% $0.10 MLS #202130330
Dec 8, 2021 New Listing rental $1,700 +23.19% $0.11 MLS #202130330
Oct 1, 2021 Rented $1,380 $0.09 MLS #202124618
Sep 24, 2021 New Listing rental $1,380 $0.09 MLS #202124618
May 30, 2021 Rented $1,380 $0.09 MLS #202112575
May 18, 2021 New Listing rental $1,380 +39.68% $0.09 MLS #202112575
Feb 7, 2021 Rented $988 $0.06 MLS #202102301
Feb 3, 2021 New Listing rental $988 -28.92% $0.06 MLS #202102301
Aug 2, 2020 Rented $1,390 $0.09 MLS #202018267
Jul 29, 2020 New Listing rental $1,390 +0.72% $0.09 MLS #202018267
Jul 22, 2020 Rented $1,380 $0.09 MLS #202010750
May 11, 2020 New Listing rental $1,380 +10.4% $0.09 MLS #202010750
Jul 19, 2018 Withdrawn $1,250 $0.08 MLS #201812608
May 11, 2018 New Listing rental $1,250 -7.41% $0.08 MLS #201812608
Jan 10, 2018 Rented $1,350 $0.08 MLS #201725338
Dec 7, 2017 New Listing rental $1,350 +28.57% $0.08 MLS #201725338
Oct 12, 2017 Rented $1,050 $0.06 MLS #201720919
Oct 5, 2017 Back On Market $1,050 $0.06 MLS #201720919
Oct 4, 2017 Rented $1,050 $0.06 MLS #201720919
Oct 2, 2017 New Listing rental $1,050 -22.22% $0.06 MLS #201720919
Oct 2, 2017 Rented $1,350 $0.08 MLS #201719672
Sep 25, 2017 Back On Market $1,350 $0.08 MLS #201719672
Sep 21, 2017 Rented $1,350 $0.08 MLS #201719672
Sep 13, 2017 New Listing rental $1,350 $0.08 MLS #201719672
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Tax & MLS details 1735 Young Street, Honolulu, HI, 96826

17 - AMX-2 Medium Density Apt M zoning / MLS #202129560
Current Property Taxes p/month
$1,074
Property Tax Year
2020
Assessed Improvement value
$1,291,400
Assessed Land value
$2,350,600
TMK
1-2-8-001-067-0000
Land Recorded
Land Court
Zoning
17 - AMX-2 Medium Density Apt M
Flood Zone
Zone X
Topography
Level
Location
Corner,Inside
Lot Description
Clear
Property Setbacks
C&C
Total Assessed value
$3,642,000
Listed by
Honolulu Property Advisors LLC
MLS #
202129560
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Similar homes nearby 1735 Young Street in Moiliili

Recently sold nearby 1735 Young Street in Moiliili

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Frequently asked questions for 1735 Young Street

When was this multi-family home built and last sold?

This house was build in 1959 and sold in 2022.

What is the full address of this multi-family home?

1735 Young Street, Honolulu, HI, 96826.

Are there beaches near 1735 Young Street?

No, there aren't.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Honolulu Property Advisors LLC. 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.

Listings last updated on February 16, 2022.
Hawaii House Last checked less than a minute ago.

Multi-Family Home sold $8,137,500 $8,250,000 1735 Young Street, Honolulu, HI, 96826 16,170 sqft Save House Remove from Saved