Hawaii House
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901 Prospect St, Honolulu, HI 96822

Multi-Family · Sold · 23370 sqft · Sold 10/06/2006 $4,600,000 $4,750,000

Excellent investment apartment building in prime Makiki location. Twenty-four 1-bedrooms and 3 studios. 1-bdrms are 523 sf each and studios are 400 sf each. Always rented. Many units below market rent. Separate electric meters and coin laundry. 31 covered parking stalls. Solid, good looking, secured building.
Details
  • Original list price$4,750,000
  • Days on market311
  • Building typeApartments
  • Price per sqft$197/sqft
  • Address

    901 Prospect St, Honolulu, HI, 96822

  • Year Built1974
  • FrontageOther
  • NeighborhoodPunchbowl Area
  • Land tenureFS - Fee Simple
  • Land SqFt9366 sqft
  • ViewCity, Mountain
Unit Information
  • # of 1 Bd24
  • # of 2 Bd0
  • # of 3 Bd0
  • Total Units27
Amenities & Features
  • Stories4-7
  • FurnishedPartial
  • RoofCustom/Specialty
  • ConstructionConcrete
  • Property ConditionAbove Average
  • ParkingAssigned
  • nr.of parking places31
  • AmenitiesA/C, Enter Phone, Resident Manager
Income
  • Total Actual Rent$263,800
  • Total Annual Operating Expenses$75,000
  • Total Income$263,800
  • Net Operating Income$188,800
Schools Nearby
-
Neighborhood - Punchbowl Area
  • Neighborhood average sales price*$495.11k
  • Neighborhood median sales price*$399k
  • Number or sales*57
  • Street median sales price*$553k
Price history
Date Event Price $/sqft Source
2006-10-06 Sold $4,600,000 $196.83 Public Record
2006-11-29 Expired $4,750,000 $203.25 MLS 2520615
2006-05-24 In Escrow - still showing $4,750,000 $203.25 MLS 2520615
2005-11-29 New Listing $4,750,000 $203.25 MLS 2520615
Taxes
  • Current Property Taxes p/month$8,078
  • Property Tax Year2005
  • Assessed Improvement value$1,262,700
  • Assessed Land value$891,700
  • MLS #2520615
  • TMK1-2-4-015-022-0000
  • Land RecordedRegular System
  • Zoning12 - A-2 M
  • Property SetbacksOf Record
  • Total Assessed value$2,154,400
Agent viewpoints   of 901 Prospect St, Honolulu, HI, 96822
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

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Hawaii House
Multi-Family Sold $4,600,000 $4,750,000 901 Prospect St, Honolulu, HI, 96822 23370 sqft Remove from Saved Save House