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731 Paani Street, Honolulu, HI, 96826
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731 Paani Street, Honolulu, HI 96826

$1,510,000  $55,000 Multi-Family Home hold 2,190 sqft Neighborhood:  Moiliili
3 min walk to Ala Wai Community Park
19 min walk to Duke Paoa Kahanamoku Beach Park
6 min drive to Ala Wai Golf Course
4 min drive to The Wall
21 min walk to Rock Piles
About lifestyles
Development potential with Bill 7. Nestled in the highly sought-after urban core of Honolulu, this multi-dwelling apartment building presents a unique opportunity to experience a blend of a prime location that grants easy access to the vibrant energy of the city while offering a tranquil retreat to call home close to Ala Wai Park, Ala Moana Beach Park, McCully Shopping Center, and Ala Moana Shopping Center. Rear dwelling is hollow tile on 1st floor. Newly renovated.
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Multi-family details

1937 year built
  • Year Built 1937
  • Year Remodeled 2023
  • Original list price $1,565,000
  • Days on market 175
  • Building type Multi Dwellings
  • Price per sqft $689/sqft
  • Address

    731 Paani Street, Honolulu, HI, 96826

  • Neighborhood Moiliili
  • Land tenure FS - Fee Simple
  • Land SqFt 5,000 sqft
  • View City

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$7,700
Taxes
$443
HOA dues
$0
$8,143 per month
Mortgage
Down payment
$302,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $7,700 / month

Neighborhood: Moiliili

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
12.33 / 20
Somewhat walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

5 total units
# of 1 Bd
3
# of 2 Bd
1
# of 3 Bd
0
Total Units
5

Amenities & Features

5 parking places
Stories
Two
Roof
Asphalt Shingle
Construction
Hollow Tile, Wood Frame
Utilities
Overhead Electricity, Public Water, Sewer Connection Reqd
Property Condition
Above Average
Parking
Open, Unassigned
nr.of parking places
5
Amenities
A/C

Income

Total Actual Rent
$8,150
Total Annual Operating Expenses
Total Income
$97,800
Net Operating Income

Moiliili prices

Average price $552.22k
Neighborhood average sales price*
$552.22k
Neighborhood median sales price*
$441.5k
Number or sales*
496
Street median sales price*
$756.5k
Median sale price Waikiki Banyan*
$756.5k
*last 6 months

Schools

15 schools with rating up to 8
School rating Distance
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
Elementary School
0.289mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
Middle School
0.5mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
High School
0.5mi
School rating Distance
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
0.289mi
2
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
0.347mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.5mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.606mi
5
out of 10
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
0.621mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.5mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.528mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.606mi
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.608mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.76mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.5mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.528mi
NR
Lutheran High School Of Hawaii
1404 University Avenue, Honolulu, HI 96822
0.661mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.76mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.784mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Hold Feb 18, 2024
Date Event Price $/sqft Source
Feb 18, 2024 Hold $1,510,000 $689.50 MLS #202322452
Nov 3, 2023 Price Decrease $1,510,000 -3.51% $689.50 MLS #202322452
Oct 6, 2023 New Listing $1,565,000 +15.93% $714.61 MLS #202322452
Jul 31, 2020 Sold $1,350,000 -8.78% from last sold price $616.44 Public Record
Jun 2, 2020 In Escrow - not showing $1,480,000 $675.80 MLS #202008960
Apr 29, 2020 New Listing $1,480,000 +74.12% $675.80 MLS #202008960
Nov 1, 2005 Sold $850,000 -5.45% from last sold price $388.13 Public Record
Aug 23, 2005 In Escrow - not showing $899,000 $410.50 MLS #2506885
Jun 30, 2005 Price Decrease $899,000 -5.37% $410.50 MLS #2506885
May 5, 2005 New Listing $950,000 $433.79 MLS #2506885
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Tax & MLS details 731 Paani Street, Honolulu, HI, 96826

12 - A-2 Medium Density Apartme zoning / MLS #202322452
Current Property Taxes p/month
$443
Property Tax Year
2023
Assessed Improvement value
$217,100
Assessed Land value
$1,300,000
TMK
1-2-7-005-046-0000
Land Recorded
Land Court
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone AO
Topography
Level
Location
Inside
Lot Description
Clear
Property Setbacks
None
Total Assessed value
$1,517,100
Listed by
Island Life Homes
(808) 763-7354
MLS #
202322452
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Similar homes nearby 731 Paani Street in Moiliili

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Frequently asked questions for 731 Paani Street

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

This house was build in 1937.

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

731 Paani Street, Honolulu, HI, 96826.

Are there beaches near 731 Paani Street?

The nearest beach is 0.805 miles away, called Duke Paoa Kahanamoku Beach Park. It should take about 19 min walk.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Island Life Homes. 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 18, 2024.
Hawaii House Last checked 1 minute ago.

Multi-Family Home hold $1,510,000  $55,000 731 Paani Street, Honolulu, HI, 96826 2,190 sqft Save House Remove from Saved