Closed

$1,900,000

718 Kaaloa St, Honolulu, HI 96826

8beds

3,360sqft

Single Family Residence

Built in 1979

-- sqft lot

$1,867,600 Zestimate^®

$565/sqft

$4,357 Estimated rent

Home value

$1,867,600

$1.72M - $2.02M

$4,357/mo

Zestimate^® history

Owner options

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$4,357/mo

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$4,357/mo

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$8,476/mo

Est. payment

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$8,476/mo

Est. payment

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What's special

Located in the heart of Honolulu, this spacious two-story property is currently divided into two separate units (upstairs and downstairs), each with its own kitchen, 4-bedrooms and 2-bathrooms. Each current unit could potentially be divided into two 2-bedroom units, with 1 bath, with plumbing set up for a kitchen to be built. For maximum income potential, this property could have 4 units, each with a kitchen, 2-bedrooms, 1 bathroom and separate entries. More options could be possible with special Apartment A-2 zoning and upstairs and downstairs are separately metered for water and electricity. Downstairs unit has 8 leased solar panels and property has ample parking space. Prime location close to UH, Ala Moana Shopping Center, restaurants and entertainment, makes it desirable for both convenience and investment. Whether you are looking to generate income, or create a home tailored to your lifestyle, don’t miss this rare opportunity to create something special!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Features

Bedroom on Main Level, Full Bath on Main Level
Flooring: Carpet, Other

Interior area

Total structure area: 3,360
Total interior livable area: 3,360 sqft

Property

Parking

Total spaces: 8
Parking features: Carport, Driveway
Has carport: Yes

Features

Levels: Two
Stories: 2
Pool features: None
Has view: Yes
View description: None

Lot

Features: Other, Level
Topography: Level

Details

Parcel number: 1270160180000
Zoning description: 12 - A-2 Medium Density Apartme
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Multiplex
Property subtype: Single Family Residence

Materials

Masonry, Concrete, Stucco

Condition

Average Condition
New construction: No
Year built: 1979

Utilities & green energy

Utilities for property: Above Ground Utilities, Electricity Available, Water Available

Community & HOA

Community

Subdivision: Moiliili

HOA

Services included: None

Location

Region: Honolulu

Financial & listing details

Price per square foot: $565/sqft
Tax assessed value: $1,762,500
Annual tax amount: $5,609
Date on market: 1/13/2025
Inclusions: AC Split, AC Window Unit, Ceiling Fan, Dishwasher, Dryer, Photovoltaic – Leased, Range Hood, Range/Oven, Refrigerator, Washer, Water Heater

Price history

Date	Event	Price
5/19/2025	Sold	$1,900,000-9.5%$565/sqft
Source: HiCentral MLS #202501789 Report a problem
4/13/2025	Contingent	$2,100,000$625/sqft
Source: HiCentral MLS #202501798 Report a problem
3/22/2025	Pending sale	$2,100,000$625/sqft
Source: HiCentral MLS #202501798 Report a problem
2/13/2025	Contingent	$2,100,000$625/sqft
Source: HiCentral MLS #202501798 Report a problem
1/13/2025	Listed for sale	$2,100,000+7765.2%$625/sqft
Source: HiCentral MLS #202501789 Report a problem
3/22/2007	Sold	$26,700$8/sqft
Source: Public Record Report a problem
12/21/2006	Sold	$26,700$8/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,603 -0.1%	$1,760,900 -0.1%
2024	$5,609 +4.9%	$1,762,500 +5.6%
2023	$5,349 +5.6%	$1,668,300 +5.1%
2022	$5,064 +2.7%	$1,586,900 +2.5%
2021	$4,930 -9.6%	$1,548,600 -8.8%
2020	$5,455 +5.8%	$1,698,700 +6.6%
2019	$5,158 +14.3%	$1,593,700 +13.1%
2018	$4,511 +1.9%	$1,408,900 +1.8%
2017	$4,425 +2.4%	$1,384,300 +2.2%
2016	$4,320 -3.5%	$1,354,200 -3.2%
2015	$4,477 +3.6%	$1,399,200 +6.3%
2014	$4,323	$1,315,700 +2.7%
2013	--	$1,281,500 +0.9%
2012	--	$1,270,300 +2.8%
2011	--	$1,235,100 -7.4%
2010	--	$1,333,600 +0.8%
2009	--	$1,322,500 +3.7%
2008	--	$1,274,700 +13%
2007	--	$1,127,800 +2.2%
2006	--	$1,103,700 +17.8%
2005	--	$937,100 +15.4%
2004	--	$812,300 +21.6%
2003	$2,137 -0.1%	$667,900 +22.8%
2002	$2,138	$543,700
2000	--	--
1999	--	$618,500