PRICE IMPROVEMENT: ACTUAL NOI of $106.510.13. Two buildings: hollow tile first floor, wood above. Front building=1 electric meter. Back building=4 separate meters: tenants pay electric. Landlord pays water and gas. Flood insurance is transferable & easily assumable at $2869/year; owner says it hasn't flooded during his ownership (bought in 2005). New sump pump and grinder for waste since property is below grade. Located behind Kuakini hospital, walking distance to downtown with many renovated buildings in the area and upside.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on February 21, 2026.Information is deemed reliable but not guaranteed.
Sold 7/24/19 at $1,580,000 (List Price: $1,685,000)
Description
PRICE IMPROVEMENT: ACTUAL NOI of $106.510.13. Two buildings: hollow tile first floor, wood above. Front building=1 electric meter. Back building=4 separate meters: tenants pay electric. Landlord pays water and gas. Flood insurance is transferable & easily assumable at $2869/year; owner says it hasn't flooded during his ownership (bought in 2005). New sump pump and grinder for waste since property is below grade. Located behind Kuakini hospital, walking distance to downtown with many renovated buildings in the area and upside.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on February 21, 2026.Information is deemed reliable but not guaranteed.
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.
Property Taxes
Honolulu County Property Tax Info Real property tax rates in Honolulu are based on the property’s tax classification, as determined by the City & County.
Residential (0.35%) Applies to owner-occupied properties with an approved Home Exemption, or to properties with an assessed value under $1,000,000.
Residential A (Tiered) Applies to properties with an assessed value of $1,000,000+ where no Home Exemption is claimed (e.g., second homes, investment properties). First $1,000,000 taxed at 0.40% • Value above $1,000,000 taxed at 1.14%
Home Exemption A fixed deduction ($120,000–$160,000, depending on age) that reduces the taxable assessed value when approved.
