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.
Closed
$2,650,000
1240 Young St, Honolulu, HI 96814
--beds
0baths
5,088sqft
Multi Family
Built in 1961
-- sqft lot
$2,641,300 Zestimate®
$521/sqft
$1,815 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 26, 2025 at 10:56am
Listed by:
Christina L Dwight 808-429-1098,
Commercial Inv. Strategies
Bought with:
Elaine L Chow, RB-21945
Locations LLC
Source: HiCentral MLS,MLS#: 202505617

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 & neighborhood
Community
- Community features: None
Location
- Region: Honolulu
- Subdivision: Makiki Area
HOA & financial
Other financial information
- Total actual rent: 11400
Services availability
Sell for more on Zillow
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$2,641,300
2% more+ $52,826
With Zillow Showcase(estimated)
$2,694,126