Hawaii House
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624 Pumehana Street, Honolulu, HI 96826

Multi-Family · Sold · Sold 11/07/2012 $2,450,000 $2,700,000

Great investment Opportunity! Centrally located at the opening to Waikiki, situated on the Ala Wai Canal with views. Close to Ala Moana and Waikiki Beach. Features 3 buildings on two lots. 15 units and 14 parking stalls. Offered together with TMK 37 & 38. Ideal for 1031 Exchange investors or Developer to build, 100% occupancy.
Details
  • Original list price$2,700,000
  • Days on market118
  • Building typeApartments,Multi Dwellings
  • Address

    624 Pumehana Street, Honolulu, HI, 96826

  • Year Built1952
  • FrontageOther, Stream/Canal
  • NeighborhoodMccully
  • Land tenureFS - Fee Simple
  • Land SqFt10078 sqft
  • ViewMarina/Canal, Other
Unit Information
  • # of 1 Bd7
  • # of 2 Bd3
  • # of 3 Bd0
  • Total Units15
Amenities & Features
  • StoriesTwo
  • RoofComposition
  • ConstructionHollow Tile, Single Wall
  • UtilitiesCable, Water
  • Property ConditionAverage
  • ParkingAssigned, Open
  • nr.of parking places14
  • AmenitiesNone
Income
  • Total Actual Rent$181,680
  • Total Annual Operating Expenses$42,792
  • Total Income$188,880
  • Net Operating Income$146,088
Schools Nearby
-
Neighborhood - Mccully
  • Neighborhood average sales price*$463.6k
  • Neighborhood median sales price*$225k
  • Number or sales*23
Price history
Date Event Price $/sqft Source
Nov 7, 2012 Sold $2,450,000 +22.5% from last sold price 0 Public Record
Aug 31, 2012 In Escrow - still showing $2,700,000 0 MLS 1207893
Jul 12, 2012 New Listing $2,700,000 0 MLS 1207893
Jul 31, 2007 Sold $2,000,000 0 Public Record
Jun 4, 2007 In Escrow - still showing $2,390,000 0 MLS 2710021
May 21, 2007 New Listing $2,390,000 0 MLS 2710021
May 13, 2007 Expired $2,390,000 0 MLS 2609132
May 10, 2007 Back On Market $2,390,000 0 MLS 2609132
Mar 6, 2007 In Escrow - still showing $2,390,000 0 MLS 2609132
Feb 21, 2007 Back On Market $2,390,000 0 MLS 2609132
Jan 25, 2007 In Escrow - still showing $2,390,000 0 MLS 2609132
Oct 17, 2006 Price Decrease $2,390,000 -4.4% 0 MLS 2609132
Sep 21, 2006 Back On Market $2,500,000 0 MLS 2609132
Sep 6, 2006 In Escrow - still showing $2,500,000 0 MLS 2609132
May 12, 2006 New Listing $2,500,000 0 MLS 2609132
Taxes
  • Current Property Taxes p/month$226
  • Property Tax Year2011
  • Assessed Improvement value$128,300
  • Assessed Land value$619,800
  • MLS #1207893
  • TMK1-2-3-034-037-0000
  • Land RecordedLand Court
  • Zoning12 - A-2 M
  • TopographyLevel
  • Lot DescriptionOther
  • Property SetbacksC&C, Of Record
  • Total Assessed value$748,100
Agent viewpoints   of 624 Pumehana Street, Honolulu, HI, 96826
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

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Hawaii House
Multi-Family Sold $2,450,000 $2,700,000 624 Pumehana Street, Honolulu, HI, 96826 Remove from Saved Save House