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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
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 Nearby
-
Neighborhood - Kapahulu
  • Neighborhood average sales price*$811.71k
  • Neighborhood median sales price*$779k
  • Number or sales*43
Price history
Date Event Price $/sqft Source
2006-11-21 Sold $1,500,000 +165.49% from last sold price $387.40 Public Record
2006-10-11 Expired $1,650,000 $426.14 MLS 2517323
2006-10-02 In Escrow - still showing $1,650,000 $426.14 MLS 2517323
2006-08-04 Price Increase $1,650,000 +10% $426.14 MLS 2517323
2006-08-04 Back On Market $1,500,000 $387.40 MLS 2517323
2005-10-27 Temporarily Withdrawn $1,500,000 $387.40 MLS 2517323
2005-10-11 New Listing $1,500,000 $387.40 MLS 2517323
2000-03-08 Price Decrease $565,000 -13.08% $145.92 MLS 9901348
2000-03-08 Sold $565,000 $145.92 Public Record
2000-01-14 Price Decrease $650,000 -18.75% $167.87 MLS 9901348
1999-04-20 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