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MLS: 202424164 (Active - For Sale)
 
Asking Price: $2,000,000 FS - Fee Simple
Type: Multi-Family
District: Metro
Address: 1665 Piikoi Street, Honolulu, HI
Neighborhood: Makiki
Land Area: 2,712 SF
View: Cemetery,City,Mountain
Parking: Covered
Days on Market: 42
Year Built: 1936
Zoning: 12 - A-2 Medium Density Apartme
Land Recorded: Regular System
Property Taxes: $260
Assessed Value: $889,900
Assessed Ratio: 224.74%
Listing Courtesy: Ivy K Realty, LLC
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Great income producing property! Consisting of 7 units: 4 studios and 3 one bedroom/one bath with 2 car carport. Ample street parking and close to bus lines. Owner replaced all of the posts and beams under the house as this is a post and pier construction. One studio has been fully renovated and one has been partially renovated. The other units are in fair condition. Exterior was recently painted with the addition of concrete stairs, fences and gates. Most of the rents are under market. Owner experimented with fully renovating a unit and the rent was increased from $950 to $1400! This is a significant increase with a small investment for renovation.

3 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
220330904/02/200206/27/2002$485,000$449,000
241411209/05/200401/12/2005$670,000$655,000
20220131501/21/202203/24/2022$1,100,000$1,100,000

1 Sold Properties Found (Last 12 months)
Description List Date Sold Date List Price Sold Price
0 Bed 0 Bath02/15/202404/22/2024$2,750,000$2,600,000
Average Price:  $2,600,000

 
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