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  • $5,000,000

    1623 Alapai St, Honolulu, HI 96813

    --beds
    0baths
    9,860sqft
    Multi Family
    Built in 1971
    -- sqft lot
    $5,465,700 Zestimate®
    $507/sqft
    $1,574 Estimated rent

    What's special

    A GEM at the base of Punchbowl. This 17 unit building is poised for income potential. 7 - 1 bedroom units, 10 - 2 bedroom units. 1 beds are 480 sq ft, 2 bedrooms are either 600 or 720 sq ft depending on stack. CMU construction, concrete walls between units, individual electric meters, assigned parking, resident manager on site, great ocean and city views, very well maintained. At the end of Alapai Street against the hills of Punchbowl provides privacy for the units and cool breezes. Laundry facilities onsite and a communal garden. Units have been upgraded as tenants moved out, all varies. Long time residents have lived in the building. First time changing hands in over 43 years. Please review financial listing packet for more information on rent roll, expenses, pro-forma, survey, floor plans etc. Amazing rental income opportunity with a solid building that has been well maintained.

    Zillow last checked: 7 hours ago

    Listing updated: June 14, 2024 at 03:16am

    Listed by:

    Melvin Leon Guerrero 808-286-8005,

    Compass

    Bought with:

    Esther Park Kusunoki, RB-21002

    List Sotheby's Int'l Realty

    Source: HiCentral MLS,MLS#: 202212082MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Appliances
    • Included: Dryer, Washer
    • Laundry: Coin-operated
    Interior area
    • Total structure area: 9,860
    • Total interior livable area: 9,860 sqft

    Property

    Parking
    • Total spaces: 18
    • Parking features: Assigned
    Features
    • Levels: Three Or More
    • Has view: Yes
    • View description: Coastline, City, Ocean
    • Has water view: Yes
    • Water view: Coastline,Ocean
    Lot
    • Features: Cleared, Dead End, Level
    • Topography: Level
    Details
    • Parcel number: 1220040190000
    • Zoning description: 12 - A-2 Medium Density Apartme
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Hollow Tile, Other, Concrete
    Condition
    • Average Condition,Good Condition
    • Year built: 1971

    Utilities & green energy

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

    Community & neighborhood

    Community
    • Community features: None
    Location
    • Region: Honolulu
    • Subdivision: Punchbowl Area

    HOA & financial

    Other financial information
    • Total actual rent: 11030
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $5,465,700
    2% more+ $109K
    With Zillow Showcase(estimated)
    $5,575,014