Back to search
Share
Save
Saved
Contact Agent
Login Join
Share
Save
Saved
Share
715 Piikoi Street Honolulu - Multi-family - photo 2 of 17
715 Piikoi Street Honolulu - Multi-family - photo 3 of 17
715 Piikoi Street Honolulu - Multi-family - photo 4 of 17
715 Piikoi Street Honolulu - Multi-family - photo 5 of 17
715 Piikoi Street Honolulu - Multi-family - photo 6 of 17
view 17 images
715 Piikoi Street, Honolulu, HI, 96816
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
Contact agent
Save
Saved
Map View
Virtual Tour

715 Piikoi Street, Honolulu, HI 96816

$5,300,000 Multi-Family Home active under contract 12,636 sqft Neighborhood:  Ala Moana
3 min walk to Sheridan Community Park
25 min walk to Ala Moana Beach
8 min drive to Ala Wai Golf Course
28 min walk to Point Panic
19 min walk to Concessions
About lifestyles
18 CMU one-bedroom units near Ala Moana with 29 parking stalls! Proforma 5.6% cap rate at market rents. Average in-place rents are $1,183, far below market, and all tenants are month-to-month. Each unit is approx. 491 SF and in classic condition, allowing an investor the opportunity to add value by renovating units and increasing rents to market rates. The property consists of 18 one-bedroom/one-bathroom CMU units, each with a private lanai, and most with a sink and mauka views. The property has a large covered parking garage with 29 parking stalls and ingress/egress from Piikoi and Alder St. The secured laundry room has 2 landlord-owned coin-operated washers and dryers and has its own bathroom for tenant convenience. There is abundant landlord storage space on-site. Building is separately metered for electricity and boasts mature landscaping. Walking distance to Walmart and Ala Moana Shopping Center.
Read more

Multi-family details

1968 year built
  • Year Built 1968
  • Original list price $5,300,000
  • Days on market 104
  • Building type Apartments
  • Price per sqft $419/sqft
  • Address

    715 Piikoi Street, Honolulu, HI, 96816

  • Frontage Other
  • Neighborhood Ala Moana
  • Land tenure FS - Fee Simple
  • Land SqFt 8,704 sqft
  • View Mountain, Other
  • Virtual Tour View (external link)

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$27,024
Taxes
$836
HOA dues
$0
$27,860 per month
Mortgage
Down payment
$1,060,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $27,024 / month

Neighborhood: Ala Moana

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
18 / 20
Most Walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

18 total units
# of 1 Bd
18
# of 2 Bd
0
# of 3 Bd
0
Total Units
18

Amenities & Features

29 parking places
Stories
Three
Roof
Other
Construction
Concrete, Hollow Tile, Slab
Utilities
Overhead Electricity, Public Water, Sewer Fee, Water
Property Condition
Average
Parking
Assigned, Covered
nr.of parking places
29
Amenities
None

Income

Net Operating Income: $229,200
Total Actual Rent
$21,300
Total Annual Operating Expenses
$36,000
Total Income
$265,200
Net Operating Income
$229,200

Ala Moana prices

No information about average prices in this area
-

Schools

15 schools with rating up to 6
School rating Distance
NR
Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
Elementary School
0.391mi
NR
Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
Middle School
0.391mi
3
out of 10
President William Mckinley High School
1039 South King St, Honolulu, HI 96814
High School
0.321mi
School rating Distance
NR
Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
0.391mi
4
out of 10
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
0.42mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.63mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.817mi
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
0.849mi
School rating Distance
NR
Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
0.391mi
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.623mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.63mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.817mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.918mi
School rating Distance
3
out of 10
President William Mckinley High School
1039 South King St, Honolulu, HI 96814
0.321mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.62mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.817mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.918mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.945mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Active Under Contract Feb 12, 2024
Date Event Price $/sqft Source
Feb 12, 2024 Active Under Contract $5,300,000 $419.44 MLS #202326083
Feb 5, 2024 Back On Market $5,300,000 $419.44 MLS #202326083
Dec 27, 2023 Active Under Contract $5,300,000 $419.44 MLS #202326083
Nov 28, 2023 New Listing $5,300,000 $419.44 MLS #202326083
Show more Show less

Tax & MLS details 715 Piikoi Street, Honolulu, HI, 96816

12 - A-2 Medium Density Apartme zoning / MLS #202326083
Current Property Taxes p/month
$836
Property Tax Year
2023
Assessed Improvement value
$645,700
Assessed Land value
$2,219,500
TMK
1-2-3-014-058-0000
Land Recorded
Land Court
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Topography
Level
Location
Other
Lot Description
Other
Property Setbacks
None
Total Assessed value
$2,865,200
Listed by
Standard Management LLC
(808) 208-8107
MLS #
202326083
Hawaii House tour report for this multi-family home
No reviews yet
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
Show more Show less
We do not have a Hawaii House tour report for this listing yet.
As soon as we do, we post it here.

Similar homes nearby 715 Piikoi Street in Ala Moana

Recently sold nearby 715 Piikoi Street in Ala Moana

Ask a question

or Call 808-394-9779

Frequently asked questions for 715 Piikoi Street

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

This house was build in 1968.

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

715 Piikoi Street, Honolulu, HI, 96816.

Are there beaches near 715 Piikoi Street?

The nearest beach is 0.562 miles away, called Ala Moana Beach. It should take about 25 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 February 12, 2024.
Hawaii House Last checked 5 minutes ago.

Multi-Family Home active under contract $5,300,000 715 Piikoi Street, Honolulu, HI, 96816 12,636 sqft Save House Remove from Saved