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    • $2,650,000

    1240 Young St, Honolulu, HI 96814

    --beds
    0baths
    5,088sqft
    Multi Family
    Built in 1961
    -- sqft lot
    $2,626,900 Zestimate®
    $521/sqft
    $1,995 Estimated rent

    Home value

    $2,626,900

    Estimated sales range

    Not available

    $1,995/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christina L Dwight 808-429-1098,

    Commercial Inv. Strategies

    Bought with:

    Elaine L Chow, RB-21945

    Locations LLC

    Source: HiCentral MLS,MLS#: 202505617MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Appliances
    • Laundry: In Unit
    Interior area
    • Total structure area: 5,088
    • Total interior livable area: 5,088 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Assigned
    Features
    • Levels: Two
    • Stories: 2
    • Has view: Yes
    • View description: None
    • Frontage type: Other
    Lot
    • Features: Cleared, Interior Lot, Level
    • Topography: Level
    Details
    • Parcel number: 1240040840000
    • Zoning description: 33 - BMX-3 Community Business M
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Hollow Tile
    Condition
    • Excellent
    • Year built: 1961
    • Major remodel year: 2024

    Utilities & green energy

    • Sewer: Connected
    • Water: Public
    • Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected

    Community & HOA

    Community
    • Features: None
    • Subdivision: Makiki Area
    Location
    • Region: Honolulu

    Financial & listing details

    • Price per square foot: $521/sqft
    • Tax assessed value: $2,493,600
    • Annual tax amount: $7,887
    • Date on market: 2/26/2025
    • Total actual rent: 11400
    • Tenant pays: Cable TV, Electricity

    Price history

    DateEventPrice
    5/23/2025Sold$2,650,000-5.4%$521/sqft
    Source: HiCentral MLS #202505617 Report a problem
    4/14/2025Contingent$2,800,000$550/sqft
    Source: HiCentral MLS #202505617 Report a problem
    3/18/2025Price change$2,800,000-3.4%$550/sqft
    Source: HiCentral MLS #202505617 Report a problem
    2/26/2025Listed for sale$2,900,000+476.4%$570/sqft
    Source: HiCentral MLS #202505617 Report a problem
    11/23/2024Listing removed$1,800
    Source: Zillow Rentals Report a problem
    11/19/2024Listed for rent$1,800+20%
    Source: Zillow Rentals Report a problem
    4/26/2024Listing removed--
    Source: Zillow Rentals Report a problem
    4/19/2024Listed for rent$1,500+36.4%
    Source: Zillow Rentals Report a problem
    10/16/2019Listing removed$1,100
    Source: RENTZ, LLC Report a problem
    10/8/2019Listed for rent$1,100
    Source: RENTZ, LLC Report a problem
    5/9/2019Listing removed$1,100
    Source: RENTZ, LLC Report a problem
    4/25/2019Listed for rent$1,100
    Source: RENTZ, LLC Report a problem
    6/9/2016Sold$503,148$99/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,912 +0.3%$2,260,700 +0.3%
    2024$7,887 -0.1%$2,253,500 -0.1%
    2023$7,894 +11.6%$2,255,500 +11.6%
    2022$7,075 -4.2%$2,021,400 -4.2%
    2021$7,383 +2.3%$2,109,500 +2.3%
    2020$7,220 +3.7%$2,062,800 +3.7%
    2019$6,964 +14.9%$1,989,600 +14.9%
    2018$6,062 -1.4%$1,731,900 -1.4%
    2017$6,148 +6.3%$1,756,500 +6.3%
    2016$5,786 +9.9%$1,653,100 +9.9%
    2015$5,265 $1,504,200 +3.1%
    2014-- $1,458,900
    Find assessor info on the county website

    Neighborhood: Makiki

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    $2,626,900
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