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727 Palani Ave Honolulu - Multi-family - photo 1 of 1 727 Palani Ave Honolulu - Multi-family - photo 1 of 1
SOLD 11/21/06
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727 Palani Ave, Honolulu, HI 96816

Multi-Family · Sold · 3872 sqft · Sold 11/21/2006 $1,500,000 $1,650,000

Hollow tile apartment building with 8, 2-bedroom units. Fully occupied. Well maintained and 'above average' condition. All units have been CPR'd, with one/same owner. Each unit has its own electric meter. However, there is currently only one water meter that services the entire building. Income and expense is actual.
Details
  • Original list price$1,500,000
  • Days on market406
  • Building typeApartments
  • Price per sqft$387/sqft
  • Address

    727 Palani Ave, Honolulu, HI, 96816

  • Year Built1962
  • NeighborhoodKapahulu
  • Land tenureFS - Fee Simple
  • Land SqFt6000 sqft
  • ViewNone
  • Listing provided courtesy ofYong Ai Guillermo, I.L.C. International
Unit Information
  • # of 1 Bd0
  • # of 2 Bd8
  • # of 3 Bd0
  • Total Units8
Amenities & Features
  • StoriesTwo
  • FurnishedPartial
  • RoofComposition
  • ConstructionHollow Tile
  • Property ConditionAbove Average
  • ParkingAssigned, Open
  • nr.of parking places5
  • AmenitiesNone
Income
  • Total Actual Rent$97,740
  • Total Annual Operating Expenses$16,512
  • Total Income$100,591
  • Net Operating Income$84,079
Schools
School ratingDistance
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
Elementary School
0.546mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
Middle School
0.546mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
High School
0.403mi
School ratingDistance
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.546mi
9
out of 10
King Liholiho Elementary School
3430 Maunaloa Ave, Honolulu, HI 96816
0.548mi
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
0.603mi
5
out of 10
President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
0.606mi
NR
Jefferson School Orthopedic Unit
324 Kapahulu Ave, Honolulu, HI 96815
0.613mi
School ratingDistance
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.546mi
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
0.603mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.603mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.641mi
8
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
0.644mi
School ratingDistance
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.403mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.546mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.603mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.641mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.865mi
Data provided by Greatschools.org
Neighborhood - Kapahulu
  • Neighborhood average sales price*$877.35k
  • Neighborhood median sales price*$763.5k
  • Number or sales*34
  • Street median sales price*$311k
Price history
Date Event Price $/sqft Source
Nov 21, 2006 Sold $1,500,000 +165.49% from last sold price $387.40 Public Record
Oct 11, 2006 Expired $1,650,000 $426.14 MLS 2517323
Oct 2, 2006 In Escrow - still showing $1,650,000 $426.14 MLS 2517323
Aug 4, 2006 Price Increase $1,650,000 +10% $426.14 MLS 2517323
Aug 4, 2006 Back On Market $1,500,000 $387.40 MLS 2517323
Oct 27, 2005 Temporarily Withdrawn $1,500,000 $387.40 MLS 2517323
Oct 11, 2005 New Listing $1,500,000 $387.40 MLS 2517323
Mar 8, 2000 Price Decrease $565,000 -13.08% $145.92 MLS 9901348
Mar 8, 2000 Sold $565,000 $145.92 Public Record
Jan 14, 2000 Price Decrease $650,000 -18.75% $167.87 MLS 9901348
Apr 20, 1999 New Listing $800,000 $206.61 MLS 9901348
Taxes
  • Current Property Taxes p/month$3,793
  • Property Tax Year2005
  • Assessed Improvement value$849,600
  • Assessed Land value$176,800
  • MLS #2517323
  • TMK1-2-7-034-033-0000
  • Land RecordedLand Court
  • Zoning12 - A-2 M
  • Property SetbacksC&C, Of Record
  • Total Assessed value$1,026,400
Agent viewpoints   of 727 Palani Ave, Honolulu, HI, 96816
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

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Hawaii House
Multi-Family Sold $1,500,000 $1,650,000 727 Palani Ave, Honolulu, HI, 96816 3872 sqft Remove from Saved Save House