1650 Young St
Honolulu, HI 96826

For Sale
Active
List Price
$14,000,000 (FS)
Property Type:
Multi-Family
Studio Units:
0
1-Bed Units:
42
2-Bed Units:
0
3-Bed Units:
0
Land Area (sf):
13,900
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
42 - Assigned, Covered, Open
MLS #:
202403902
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
MOILIILI
TMK:
1-2-8-001-037-0000
List Date:

REMARKS:

Have you been looking for an established apartment building with overflowing investment potential and an unparalleled location? You’re in luck! This 42-unit apartment building is perfectly situated in the coveted historic neighborhood of Moiliili close to many restaurants, stores, schools, Kapiolani Medical Center (0.6-miles), Ala Moana Center (0.9-miles), University of Hawaii at Manoa (1.1-miles), and Downtown Honolulu (2.1-miles). Equipped with a gated lower-level parking lot and an upper-level parking lot, this building features 42 1BR/1BA units, 1:1 parking ratio, solid concrete construction, keyed elevator, trash chutes on each level, and a secured community laundry room with 4 washers and 4 dryers. Other considerations include separate electric meters, lovely views, loading zone area, and much more! Call now to find out more about adding this building to your investment portfolio! NOI is actual with many under market rent units. Please contact Listor with additional questions and interior showings will be subjected to accepted offer. Please submit offers on the Commercial Purchase and Sale Agreement form. DO NOT DISTURB tenants.

PROPERTY INFORMATION:

Zoning:
17 - AMX-2 Medium Density Apt M
Furnished:
--
Year Built:
1973
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$3,093,900
Assd. Val. Imprv:
$2,493,000
Assd. Val. Total:
$5,586,900
Tax Year:
2023
Monthly Taxes:
$1,630
Home Exempt.:
--

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:
--
View:
City, Mountain
Pool:
--
Amenities:
Resident Manager, Trash Chute
Inclusions:
--
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
Clear
Topography:
Level
Number of Stories:
8-14
Building Style:
--
Property Condition:
Above Average
Construction:
Concrete
Roofing:
Other
Floor Covering:
--
Disclosures:
None
Possession:
At Closing
Terms Accept.:
Cash, Conventional
Land Recorded:
Regular System
Exclusions:
--
Easements:
None
Set-Backs:
Of Record
Compensation*:
2
Compensation Type:
%

* The offer of compensation to cooperating brokers is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Saturday, April 27, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Real Estate Specialists