Keller Williams Honolulu - Erica Ashley Hassen
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Listing Courtesy Of: Commercial Inv. Strategies, (808) 429-1098, Christina Dwight
Local Realty Services Provided By: Keller Williams Honolulu
Overview
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$2,800,000
1240 Young Street, Honolulu, HI 96814
5,088 sq ft
.18 ac
$2,800,000

1240 Young Street, Honolulu, HI 96814

Estimation provided by Keller Williams Realty Inc.
5,088 sq ft
.18 ac
Active
For Sale

Property Description

COMMERCIAL LISTING. BMX-3 Zoned with residential use exemption makes this property super desirable for its many possible uses. Owners never thought they'd sell, so have kept the building in top shape with low rents to eliminate vacancies. 10 units: 6 ones, 4 twos, 7 parking & 100% occupancy. Super clean, upgraded interiors. All but one unit is renovated. Hollow tile construction, nice private grass yard common area, and excellent location make this property easy to "manage up": charge for parking, install coin laundry, and increase the rent to market rates. All units have laundry hookups; all machines owned by tenants. Buyer to accept existing survey performed by Walter Thompson Inc November 1, 2000.

Property Details

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Overview
Property Type
Multi Family
Property Size
5,088 sq ft
Year Built
1961
Days on Site
31 Days
Parking
7 Parking Spaces
Erica Ashley Hassen at Keller Williams Honolulu
Keller Williams Honolulu
RS-85118

Activity History

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0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
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Purchase Price: $2,800,000
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Price & Tax History

Date
Event
Price
03/18/2025
Price Decrease
$2,800,000
(-3.45%)
02/26/2025
Listed
$2,900,000
(+476.37%)
05/21/2016
Sold
$503,148
(-6.13%)
08/20/2003
Sold
$536,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$7,894
(+11.58%)
$2,253,500
Land 2,013,400 + Additions 240,100
2022
$7,075
(+2,258.3%)
$2,255,500
Land 2,013,400 + Additions 242,100
2021
$300
$6,601,100
Land 5,942,700 + Additions 658,400
2019
$300
$6,668,600
Land 5,942,700 + Additions 725,900
2018
$300
$6,380,300
Land 5,635,300 + Additions 745,000
2017
$300
$6,061,100
Land 5,327,900 + Additions 733,200
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Erica Ashley Hassen at Keller Williams Honolulu
Keller Williams Honolulu
RS-85118

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