Photos
About
Details
Open Houses
Monthly payment
Neighborhood
Unit Information
Amenties & Features
Income
Prices
Schools
Price history
Activity
Taxes
Tour report
Similar
Recently sold
Ask a question
Map View
420 Olohana Street, Honolulu, HI 96815
1 min walk to King Kalakaua Park
10 min walk to the beach
27 min walk to Ala Wai Golf Course
21 min walk to The Wall
11 min walk to Rock Piles
About lifestyles
Vacant, fee simple, 16-unit apartment building in Waikiki that is zoned Apartment Mixed Use. Great location with a straightforward path to renovating and getting high rents in line with the rest of Waikiki, but it needs significant renovation and repair work. The property is currently 100% vacant which offers a value-add investor a blank canvas to refurbish the building on their own timeline. Solid concrete building, separately metered for electricity and large common area spaces with room to add amenities like storage. Add coin operated laundry for additional income. APARTMIX zoning may allow for some commercial uses – please consult your architect to discuss ways to take advantage of this zoning. Sale is subject to Seller executing a 1031 exchange.
Read more
Multi-family details
1960 year built
- Year Built 1960
- Original list price $5,000,000
- Days on market 126
- Building type Apartments
- Price per sqft $462/sqft
-
Address
420 Olohana Street, Honolulu, HI, 96815
- Frontage Other
- Neighborhood Waikiki
- Land tenure FS - Fee Simple
- Land SqFt 4,500 sqft
- View City
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$20,334
Taxes
$690
HOA dues
$0
Mortgage
Down payment
$797,600 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$20,334 / month
Neighborhood: Waikiki
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
16.67 / 20
Very walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index
Unit Information
16 total units
# of 1 Bd
8
# of 2 Bd
7
# of 3 Bd
0
Total Units
16
Amenities & Features
5 parking places
Stories
4-7
Roof
Other
Construction
Hollow Tile
Utilities
Underground Electricity, Water
Property Condition
Needs Major Repair
Parking
Assigned
nr.of parking places
5
Amenities
None
Income
—
Total Actual Rent
Total Annual Operating Expenses
$12,108
Total Income
Net Operating Income
Waikiki prices
Average price $1.17m
Neighborhood average sales price*
$1.17m
Neighborhood median sales price*
$1.02m
Number or sales*
29
Street median sales price*
$955k
Median sale price Colony at the Peninsula*
$940k
*last 6 months
About Waikiki
Waikiki Condos & neighborhood info When it comes to finding a home in a lively, picturesque setting, it's hard to beat the allure of Waikiki condos. Situated along the stunning shores of Oahu, Waikiki is a bustling neighborhood in Honolulu that boasts Read more
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
| out of 10 |
Ala Wai Elementary School
503 Kamoku St,
Honolulu, HI 96826
Elementary School
|
0.232mi |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
Middle School
|
0.431mi | |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
High School
|
0.431mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Ala Wai Elementary School
503 Kamoku St,
Honolulu, HI 96826
|
0.232mi |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.431mi | |
| out of 10 |
King William Lunalilo Elementary School
810 Pumehana St,
Honolulu, HI 96826
|
0.596mi |
| out of 10 |
Prince Jonah Kuhio Elementary School
2759 South King St,
Honolulu, HI 96826
|
0.774mi |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
0.959mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.431mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.785mi | |
| out of 10 |
President George Washington Middle School
1633 South King St,
Honolulu, HI 96826
|
0.91mi |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
0.959mi | |
| out of 10 |
Education Laboratory Public Charter School
1776 University Ave,
Honolulu, HI 96822
|
1.118mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.431mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.785mi | |
| out of 10 |
Kaimuki High School
2705 Kaimuki Ave,
Honolulu, HI 96816
|
0.915mi |
|
Lutheran High School Of Hawaii
1404 University Avenue,
Honolulu, HI 96822
|
1mi | |
| out of 10 |
Education Laboratory Public Charter School
1776 University Ave,
Honolulu, HI 96822
|
1.118mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Expired Apr 23, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 23, 2024 | Expired | $3,988,000 | $461.57 | MLS #202311288 |
| Mar 28, 2024 | Active Under Contract | $3,988,000 | $461.57 | MLS #202311288 |
| Mar 6, 2024 | Price Decrease | $3,988,000 -20.24% | $461.57 | MLS #202311288 |
| Feb 20, 2024 | Back On Market | $5,000,000 | $578.70 | MLS #202311288 |
| Aug 14, 2023 | Active Under Contract | $5,000,000 | $578.70 | MLS #202311288 |
| May 22, 2023 | New Listing | $5,000,000 | $578.70 | MLS #202311288 |
Tax & MLS details 420 Olohana Street, Honolulu, HI, 96815
AM - Apartment Mixed Use zoning / MLS #202311288
Current Property Taxes p/month
$690
Property Tax Year
2023
Assessed Improvement value
$513,600
Assessed Land value
$1,850,000
TMK
1-2-6-016-044-0000
Land Recorded
Land Court
Zoning
AM - Apartment Mixed Use
Flood Zone
Zone AO
Topography
Level
Location
Other
Lot Description
Other
Property Setbacks
Of Record
Total Assessed value
$23,663,600
Listed by
Standard Management LLC
(808) 208-8107
(808) 208-8107
MLS #
202311288
Hawaii House tour report for this multi-family home
No reviews yet
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
We do not have a Hawaii House tour report for this listing yet.
As soon as we do, we post it here.
As soon as we do, we post it here.
Similar homes nearby 420 Olohana Street in Waikiki
Recently sold nearby 420 Olohana Street in Waikiki
Ask a question
I agree to be contacted by Hawaii House via call, email, and text. To opt-out, you can reply ’stop’ at any time or click the unsubscribe link in the emails. Message and data rates may apply.
Frequently asked questions for 420 Olohana Street
When was this multi-family home built and last sold?
This house was build in 1960.
What is the full address of this multi-family home?
420 Olohana Street, Honolulu, HI, 96815.
Are there beaches near 420 Olohana Street?
The nearest beach is 0.484 miles away. It should take about 10 min walk.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Standard Management 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 April 22, 2024.
Hawaii House Last checked less than a minute ago.
Waikiki & nearby Neighborhoods
- Ala Moana homes for sale
- Alewa Heights homes for sale
- Aliamanu homes for sale
- Chinatown homes for sale
- Dillingham homes for sale
More
Less