Hawaii Living

1131 Banyan St#B (Kalihi)

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Photo 1 of 1131 Banyan St #B, Honolulu
1131 Banyan St #B, Honolulu
Selling or Buying in Kalihi?
Call/Text Michelle (808) 352-2469 or send a message using the form below.
Description
Exceptional Land Opportunity – Take advantage of this unique opportunity to build a home or investment project tailored to your vision in a highly convenient and desirable location. A rare chance to acquire a 7,087 square foot flat lot located just minutes from downtown. Zoned U/11/11 – A-1 Apartment, this property offers excellent potential for redevelopment. Buyers are advised to conduct their own due diligence regarding possible development options.Please note: The existing structure was damaged by fire on March 19, 2025, and is deemed beyond repair. The home is uninhabitable and should be considered a tear-down. At the buyer’s request, the seller is willing to remove the structure. Do not go on the property.This property is being sold strictly “As-Is” for land value only.
Past Activity
  • Sep 18, 2025 Sold for $1,000,000
  • Aug 06, 2025 Under Contract
  • Jul 24, 2025 Listed at $1,250,000
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $460
  • Other Homes Price / ft²
  • Cash vs Financing Buyers
  • Zoning: 11 - A-1 Low Density Apartment
  • Flood Zone: Zone X
  • Elementary School: Kapalama
  • Middle School: Kalakaua
  • High School: Farrington
  • Furnished: None
  • Property Condition: Tear Down
  • TMK: 1-1-7-31-27-0
  • Tax Assessed Land: $1,214,600
  • Tax Assessed Improvements: $90,600
  • Tax Assessed Total: $1,305,200
  • Courtesy: AA Oceanfront Rentals & Sales / (808) 837-5211
  • MLS: 202516788
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 08, 2025.Information is deemed reliable but not guaranteed.
Other Kalihi Homes
$1,250,000
1736 Gulick Ave
6 Bds | 3 Ba
3,707 ft²
$1,335,000
1625 Kalaepaa Dr
6 Bds | 2 Ba
2,172 ft²
$1,150,000
2840C Kalihi St
6 Bds | 4 Ba
2,576 ft²
$1,149,000
1457 Kokea St
3 Bds | 2 Ba
1,196 ft²
Other Honolulu Homes
Salt Lake Honolulu & Moanalua
$1,250,000
3647 Likini St
10 Bds | 4 Ba
3,546 ft²
Kapiolani
$1,250,000
1867 Kapiolani Blvd#B
3 Bds | 3 Ba
1,376 ft²
Kaimuki
$1,250,000
906 Belser St
3 Bds | 4 Ba
1,346 ft²
Kamiloiki
$1,285,000
1440 Miloiki St
3 Bds | 2 Ba
1,261 ft²
West Marina
$1,289,000
520 Lunalilo Home Rd#313
3 Bds | 2.5 Ba
1,582 ft²
Makiki
$1,210,000
1322 Lunalilo St
5 Bds | 3 Ba
2,347 ft²
  • Sold 9/18/25 at $1,000,000
    (List Price: $1,250,000)
Description
Exceptional Land Opportunity – Take advantage of this unique opportunity to build a home or investment project tailored to your vision in a highly convenient and desirable location. A rare chance to acquire a 7,087 square foot flat lot located just minutes from downtown. Zoned U/11/11 – A-1 Apartment, this property offers excellent potential for redevelopment. Buyers are advised to conduct their own due diligence regarding possible development options.Please note: The existing structure was damaged by fire on March 19, 2025, and is deemed beyond repair. The home is uninhabitable and should be considered a tear-down. At the buyer’s request, the seller is willing to remove the structure. Do not go on the property.This property is being sold strictly “As-Is” for land value only.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 08, 2025.Information is deemed reliable but not guaranteed.
    • Sep 18, 2025 Sold for $1,000,000
    • Aug 06, 2025 Under Contract
    • Jul 24, 2025 Listed at $1,250,000
    Other Kalihi Homes
    $1,250,000
    1736 Gulick Ave
    6 Bds | 3 Ba
    3,707 ft²
    $1,335,000
    1625 Kalaepaa Dr
    6 Bds | 2 Ba
    2,172 ft²
    $1,150,000
    2840C Kalihi St
    6 Bds | 4 Ba
    2,576 ft²
    $1,149,000
    1457 Kokea St
    3 Bds | 2 Ba
    1,196 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.