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MLS: 202411839 (Active - For Sale)
 
Asking Price: $4,600,000 FS - Fee Simple
Type: Multi-Family
District: Metro
Address: 1218 N King Street, Honolulu, HI
Neighborhood: Kapalama
Land Area: 9,507 SF
View: City,Mountain,Other,Sunrise
Parking: Covered,Tandem
Amenities: Storage
Days on Market: 250
Year Built: 1970
Easements: Electric
Zoning: 33 - BMX-3 Community Business M
Land Recorded: Regular System
Property Taxes: $3,160
Assessed Value: $3,061,000
Assessed Ratio: 150.28%
Listing Courtesy: Commercial Inv. Strategies
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All Multi-Family Homes For Sale in Kapalama


Excellent opportunity to manage up to market rents and earn a 6.55% cap! Well maintained three-story BMX-zoned building with mixed use, retail on the bottom front floor. 2 structures connected by a warehouse with 1:1 parking (9 ones, 4 twos, 1 three, and 4 retail [2 of which combine 2 spaces]). Additional parking on the King Street side of the property is used by customers and NOT counted in 17 space total. Owner recently fixed spalling and painted, and has taken excellent care of the building. Located across from King St. Post Office and a block from Farrington HS, so easy access to downtown and freeway in all directions.


2 Sold Properties Found (Last 12 months)
Description List Date Sold Date List Price Sold Price
0 Bed 0 Bath08/19/202401/03/2025$1,390,000$1,315,000
0 Bed 0 Bath05/31/202307/19/2024$2,800,000$2,500,000
Average Price:  $1,907,500

 
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Copyright: 2015 by the HiCentral MLS, Ltd.
 
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use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing.
 
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Maui Luxury Real Estate, LLC is a real estate brokerage firm licensed to
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