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Off market
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  • $2,258,400

    438 Launiu St, Honolulu, HI 96815

    --beds
    0baths
    3,463sqft
    Multi-Family
    Built in 1941
    -- sqft lot
    $2,258,400 Zestimate®
    $652/sqft
    $1,680 Estimated rent

    Home value

    $2,258,400

    $1.85M - $2.71M

    $1,680/mo

    Zestimate® history
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    Owner options

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    $1,680/mo

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    $1,680/mo

    Rent Zestimate®

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    $10,075/mo

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    $10,075/mo

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    What's special

    MAJOR PRICE REDUCTION! 438 Launiu St is a rare opportunity to purchase a 4-unit fee simple multifamily property located in the heart of Waikiki, across from the Ritz Carlton. Constructed of concrete masonry in great condition, the units provide direct access to on-site street level parking. Unit Breakdown: Two 1 Bed/1 Bath units, One - 2 Bed/1 Bath, & One - 2 Bed/2 Bath unit. "Also For Sale" as a separate offering, directly adjacent is 444 Launiu St. Consists of 5 units, Two - 1 Bed/1 Bath units, Two Studios, & One - 2 Bed/2 Bath unit. Spacious units with rental upside for the new owner. Each unit is assigned their own parking spot. There is a total of 9 parking spots assigned for both buildings combined.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 3,463 sqft

    Property

    Parking
    • Total spaces: 4
    Features
    • Has view: Yes
    • View description: City
    Lot
    • Size: 5,000 sqft
    • Features: Clear
    • Topography: Level
    Details
    • Parcel number: 260170470000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi-Family
    Condition
    • Above Average
    • Year built: 1941

    Utilities & green energy

    • Sewer: Connected
    • Utilities for property: Internet, Public Water, Sewer Fee, Sewer Connection Reqd

    Community & neighborhood

    Location
    • Region: Honolulu

    Other

    Other facts
    • Land Tenure: FS - Fee Simple
    • Lot Features: Clear
    • Parking Features: Assigned
    • Property Frontage: Other
    • Sewer: Connected
    • Topography: Level
    • Utilities: Internet, Public Water, Sewer Fee, Sewer Connection Reqd
    • Stories Type: Two
    • Property Condition: Above Average
    • Construction Materials: Concrete, Masonry/Stucco
    • Amenities: Other
    • Property Sub Type: Multi-Family

    Price history

    DateEventPrice
    2/14/2019Sold$2,100,000+5.3%$606/sqft
    Source: Public Record Report a problem
    11/8/2018Price change$1,995,000-9.3%$576/sqft
    Source: Elite Pacific Properties, LLC #201821357 Report a problem
    8/14/2018Listed for sale$2,200,000+57.1%$635/sqft
    Source: Elite Pacific Properties, LLC #201821357 Report a problem
    8/31/2005Sold$1,400,000+177.2%$404/sqft
    Source: Public Record Report a problem
    7/23/2003Sold$505,000$146/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,153 +0.1%$2,043,600 +0.1%
    2024$7,143 +1.3%$2,040,800 +1.3%
    2023$7,048 +3.3%$2,013,800 +3.3%
    2022$6,821 -0.8%$1,948,800 -0.8%
    2021$6,874 +3.3%$1,964,000 +3.3%
    2020$6,654 +15.7%$1,901,100 +15.7%
    2019$5,751 +1.9%$1,643,000 +1.9%
    2018$5,643 +2.7%$1,612,300 +2.7%
    2017$5,496 +8.4%$1,570,300 +8.4%
    2016$5,071 +12.7%$1,448,800 +12.7%
    2015$4,500 $1,285,700 +4%
    2014-- $1,235,700

    Find assessor info on the county website

    Neighborhood: Waikiki

    Nearby schools

    GreatSchools rating