509 Lauiki St
Honolulu, HI 96826

For Sale
Sold
Sold Price
$1,875,000 (FS)
List Price
$1,825,000 (FS)
Property Type:
Multi-Family
Studio Units:
0
1-Bed Units:
0
2-Bed Units:
6
3-Bed Units:
0
Land Area (sf):
7,199
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
6 - Assigned, Covered
Property Photo
MLS #:
202306967
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
KAPIOLANI
TMK:
1-2-7-013-024-0000
List Date:
Date Sold:

REMARKS:

Iolani school neighborhood GEM! Super desirable neighborhood with maximum rentability with solid, seasoned rents and great rental comps demonstrating ultimate rentability for value-adding to market rates. Don’t miss out on this rare opportunity to own these just under 700sf two bed units with nice grassy yard and covered one-to-one parking on a very nice-sized lot. Add your own coin laundry and charge for parking for more income. All tenants on MTM agreements. PLEASE do not disturb tenants or walk/ park on property. All washing machines are tenant-owned, separately metered for electricity.

PROPERTY INFORMATION:

Zoning:
13 - A-3 High Density Apartment
Furnished:
Partial
Year Built:
1952
Year Remodeled:
1957

FINANCIAL INFORMATION:

Assd. Val. Land:
$1,705,500
Assd. Val. Imprv:
$166,700
Assd. Val. Total:
$1,872,200
Tax Year:
2023
Monthly Taxes:
$524
Home Exempt.:
--

SCHOOLS:

Elem. School:
--
Middle School:
--
High School:
--

OTHER PROPERTY FEATURES:

Frontage:
Other
View:
None
Pool:
--
Amenities:
None
Inclusions:
--
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
Clear
Topography:
Level
Number of Stories:
Two
Building Style:
--
Property Condition:
Above Average
Construction:
Hollow Tile, Single Wall, Wood Frame
Roofing:
Custom/Specialty
Floor Covering:
--
Disclosures:
1031 Exchange, Pet on Property
Possession:
At Closing, Subject To Tenancy
Terms Accept.:
Cash, Conventional, 1031 Exchange
Land Recorded:
Regular System
Exclusions:
--
Easements:
Sewer
Set-Backs:
None

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Friday, February 7, 2025.  Information is deemed reliable but not guaranteed.  Copyright: 2025 by HiCentral MLS, Ltd.  Listing courtesy of Commercial Inv. Strategies