Hawaii House
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248 Kalihi St, Honolulu, HI 96819

Multi-Family · Sold · Sold 05/18/2015 $1,525,000 $1,499,000

Rarely available 2-story solid hollow tile building with 10 units in convenient Kalihi Kai area! 2 parking, additional parking available on the property (tandem parking)! Some units are renovated! New electric meters! Good stable cash flow with the same property manager for last 20 years! Units rented below market and can be increased! 100% rented! Do Not disturb tenants, make offer subject to inspection! Residential Dedication "lower property tax" will be paid by seller at closing.
Details
  • Original list price$1,499,000
  • Days on market62
  • Building typeApartments
  • Address

    248 Kalihi St, Honolulu, HI, 96819

  • Year Built1957
  • NeighborhoodKapalama
  • Land tenureFS - Fee Simple
  • Land SqFt4600 sqft
  • ViewNone
  • Listing provided courtesy ofVincent Lao, Five Star Realty, Inc.
Unit Information
  • # of 1 Bd10
  • # of 2 Bd0
  • # of 3 Bd0
  • Total Units10
Amenities & Features
  • StoriesTwo
  • FurnishedPartial
  • RoofPitch & Gravel
  • ConstructionConcrete
  • UtilitiesCable, Overhead Electricity, Public Water
  • Property ConditionAverage
  • ParkingAssigned, Open
  • nr.of parking places2
  • AmenitiesNone
Income
  • Total Actual Rent$8,500
  • Total Annual Operating Expenses$20,400
  • Total Income$102,000
  • Net Operating Income$81,600
Schools
School ratingDistance
5
out of 10
Puuhale Elementary School
345 Puuhale Rd, Honolulu, HI 96819
Elementary School
0.287mi
NR
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd, Honolulu, HI 96817
Middle School
0.361mi
NR
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd, Honolulu, HI 96817
High School
0.361mi
School ratingDistance
5
out of 10
Puuhale Elementary School
345 Puuhale Rd, Honolulu, HI 96819
0.287mi
NR
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd, Honolulu, HI 96817
0.361mi
5
out of 10
Kalihi Kai Elementary School
626 McNeill St, Honolulu, HI 96817
0.469mi
NR
St Anthony School
640 Puuhale Road, Honolulu, HI 96819
0.559mi
NR
St. John the Baptist Catholic School
2340 Omilo Lane, Honolulu, HI 96819
1.04mi
School ratingDistance
NR
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd, Honolulu, HI 96817
0.361mi
NR
St Anthony School
640 Puuhale Road, Honolulu, HI 96819
0.559mi
7
out of 10
King David Kalakaua Middle School
821 Kalihi St, Honolulu, HI 96819
0.636mi
NR
St. John the Baptist Catholic School
2340 Omilo Lane, Honolulu, HI 96819
1.04mi
NR
St John The Baptist Catholic School
2340 Omilo Lane, Honolulu, HI 96819
1.051mi
School ratingDistance
NR
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd, Honolulu, HI 96817
0.361mi
4
out of 10
Governor Wallace Rider Farrington High School
1564 North King St, Honolulu, HI 96817
0.871mi
NR
Damien Memorial School
1401 Houghtailing Street, Honolulu, HI 96817
1.186mi
NR
Kamehameha Schools Kapalama Campus
1887 Makuakane Street, Honolulu, HI 96817
1.636mi
NR
Academy Of The Pacific
913 Alewa Drive, Honolulu, HI 96817
1.951mi
Data provided by Greatschools.org
Neighborhood - Kapalama
  • Neighborhood average sales price*$970.87k
  • Neighborhood median sales price*$610k
  • Number or sales*16
Price history
Date Event Price $/sqft Source
May 18, 2015 Sold $1,525,000 0 Public Record
Apr 14, 2015 In Escrow - still showing $1,499,000 0 MLS 201504147
Mar 17, 2015 New Listing $1,499,000 0 MLS 201504147
Apr 1, 2007 Expired $929,000 0 MLS 2620135
Jan 31, 2007 Temporarily Withdrawn $929,000 0 MLS 2620135
Nov 2, 2006 New Listing $929,000 0 MLS 2620135
Oct 18, 2006 Withdrawn $949,000 0 MLS 2611549
Sep 29, 2006 Temporarily Withdrawn $949,000 0 MLS 2611549
Sep 6, 2006 Price Decrease $949,000 -4.04% 0 MLS 2611549
Aug 29, 2006 Back On Market $989,000 0 MLS 2611549
Aug 24, 2006 In Escrow - still showing $989,000 0 MLS 2611549
Aug 15, 2006 Back On Market $989,000 0 MLS 2611549
Jul 8, 2006 In Escrow - still showing $989,000 0 MLS 2611549
Jun 19, 2006 New Listing $989,000 0 MLS 2611549
Taxes
  • Current Property Taxes p/month$224
  • Property Tax Year2015
  • Assessed Improvement value$201,300
  • Assessed Land value$587,500
  • MLS #201504147
  • TMK1-1-2-005-134-0000
  • Land RecordedDual Systems
  • Zoning42 - I-2 G
  • TopographyLevel
  • LocationInside
  • Lot DescriptionClear
  • Property SetbacksC&C, Of Record
  • Total Assessed value$788,800
Agent viewpoints   of 248 Kalihi St, Honolulu, HI, 96819
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

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Hawaii House
Multi-Family Sold $1,525,000 $1,499,000 248 Kalihi St, Honolulu, HI, 96819 Remove from Saved Save House