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MLS: 202503034 (Active - For Sale)
 
Asking Price: $1,600,000 FS - Fee Simple
Type: Multi-Family
District: Metro
Address: 1531 Kewalo Street, Honolulu, HI
Neighborhood: Makiki Area
Land Area: 4,800 SF
View: City
Parking: Open
Days on Market: 67
(The Price of the property was lowered by $158,000 on 03/12/2025)
Year Built: 1968
Easements: Driveway
Zoning: 12 - A-2 Medium Density Apartme
Land Recorded: Regular System
Property Taxes: $312
Assessed Value: $1,070,500
Assessed Ratio: 149.46%
Listing Courtesy: CHL Realty Inc
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All Multi-Family Homes For Sale in Makiki Area


Solid Concrete hollow tile 2 story apartment building with 4 two bdrm. unit. Tenants are mostly long-term tenants. Seller does not increase rent for long term tenants. So rent is under market rate. Tenant pays for electricity; Landlord pays for water/sewer bill. Near the Maikiki Central Park. Kapiolani Children's hospital and schools (Punahou, Maryknoll) and freeway exits. To be Sold in "AS IS". No repairs or credit for repairs. Seller don't want to disturb tenants; Seller prefers to show the property until accepted offer.

1 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
110070601/17/201103/18/2011$989,000$990,000

5 Sold Properties Found (Last 12 months)
Description List Date Sold Date List Price Sold Price
0 Bed 0 Bath02/14/202405/24/2024$1,450,000$1,300,000
0 Bed 0 Bath02/12/202405/31/2024$1,905,000$1,878,000
0 Bed 0 Bath03/22/202404/30/2024$2,100,000$2,155,000
0 Bed 0 Bath07/23/202410/21/2024$2,500,000$2,300,000
0 Bed 0 Bath05/04/202310/09/2024$12,000,000$11,000,000
Average Price:  $3,726,600

 
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