Closed

$2,350,000

850 Lokahi St, Honolulu, HI 96826

--beds

0baths

5,760sqft

Multi Family

Built in 1968

-- sqft lot

$2,629,800 Zestimate^®

$408/sqft

$2,238 Estimated rent

Home value

$2,629,800

$2.02M - $3.37M

$2,238/mo

Zestimate^® history

Owner options

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$2,238/mo

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$2,238/mo

Rent Zestimate^®

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$10,483/mo

Est. payment

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$10,483/mo

Est. payment

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What's special

Back on Market and ready to sell, Never been in escrow! RARE FIND with GREAT BONES! Huge Two-Bedrooms with stellar, central location and desirable construction. One-to-one parking! All units have washer/dryer hookup with opportunity to add coin laundry for more income. 5 of 7 units vacant, so pro forma rents are provided in the property info package (see Agent remarks) = you can easily ‘manage up’ this beautiful building and reposition it to gain excellent cash flow. Some deferred maintenance, property to be sold As Is, Where Is.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Appliances

Laundry: In Unit

Interior area

Total structure area: 5,760
Total interior livable area: 5,760 sqft

Property

Parking

Total spaces: 7
Parking features: Assigned

Features

Levels: Three Or More
Has view: Yes
View description: City
Frontage type: Other

Lot

Features: Cleared, Interior Lot, Level
Topography: Level

Details

Parcel number: 1230240090000
Zoning description: 12 - A-2 Medium Density Apartme
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Hollow Tile

Condition

Good Condition
Year built: 1968

Utilities & green energy

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

Community & HOA

Community

Features: None
Subdivision: Pawaa

Location

Region: Honolulu

Financial & listing details

Price per square foot: $408/sqft
Tax assessed value: $1,532,100
Annual tax amount: $5,335
Date on market: 3/25/2024
Total actual rent: 9100
Tenant pays: Cable TV, Electricity, Other

Price history

Date	Event	Price
5/31/2024	Sold	$2,350,000+2.2%$408/sqft
Source: HiCentral MLS #202406981 Report a problem
4/13/2024	Contingent	$2,300,000$399/sqft
Source: HiCentral MLS #202406981 Report a problem
3/25/2024	Listed for sale	$2,300,000-13.2%$399/sqft
Source: HiCentral MLS #202406981 Report a problem
2/2/2024	Listing removed	$2,650,000$460/sqft
Source: HiCentral MLS #202324652 Report a problem
10/31/2023	Listed for sale	$2,650,000$460/sqft
Source: HiCentral MLS #202324652 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,362 +0.6%	$1,532,100 +0.6%
2024	$5,333 -0.1%	$1,523,700 -0.1%
2023	$5,336 +10.1%	$1,524,500 +10.1%
2022	$4,848 +3.1%	$1,385,000 +3.1%
2021	$4,700 -2%	$1,342,900 -2%
2020	$4,796 -0.6%	$1,370,200 -0.6%
2019	$4,824 +6.6%	$1,378,200 +6.6%
2018	$4,527 +2.2%	$1,293,300 +2.2%
2017	$4,430 +5.7%	$1,265,600 +5.7%
2016	$4,189 -3.9%	$1,196,900 -3.9%
2015	$4,358	$1,245,000 +5.1%
2014	--	$1,184,100