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    1650 Young Street Honolulu, HI 96826

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    For Sale
    $14,000,000

    MULTI_FAMILY - Honolulu, HI

    Added:
    Feb 20, 2024
    Days on Market:
    799
    Last Refresh:
    Apr 29 at 8:06 am

    Property Features for 1650 Young Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    42
    Parking features
    Open, Covered, Assigned
    Appliances
    Dryer, Washer
    Standard status
    Active
    APN
    1-2-8-001-037-0000

    Taxes and HOA fees

    Tax Annual Amount
    19560

    Utilities

    Utilities
    Cable Available
    Water source
    Public

    Building Details

    Year built
    1973
    Floors in Building
    3
    Number of units
    42
    Building materials
    Concrete

    We can help!

    Listing Contact
    Derek C Lau
    Derek C Lau

    Listing agent Derek C Lau License #RB-19796

    Listing office Real Estate Specialists 1311 Kapiolani Blvd. # 611, Honolulu, HI

    Listing date Feb 20, 2024

    MLS# 202403902 Listing URL

    Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


    Overview

    Honolulu Multifamily Investment Opportunity

    This 42-unit apartment building presents an investment opportunity in Honolulu's historic Moiliili neighborhood. The property is conveniently located near restaurants, stores, schools, Kapiolani Medical Center (0.6 miles), Ala Moana Center (0.9 miles), the University of Hawaii at Manoa (1.1 miles), and Downtown Honolulu (2.1 miles). The building features solid concrete construction and includes a gated lower-level parking lot and an upper-level parking lot, providing a 1:1 parking ratio. Each of the 42 units has one bedroom and one bathroom. The building is equipped with a keyed elevator and trash chutes on each level. A secured community laundry room is available, containing 4 washers and 4 dryers. Additional features include separate electric meters, views, and a loading zone area. The Net Operating Income (NOI) is actual, with many units having under market rent.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Honolulu
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.834185
    Latitude
    21.297576

    FAQs

    What type of property is this?
    Apartment building - 42-unit apartment building in Moiliili, close to amenities.
    Where is this apartment building located?
    The property is located at 1650 Young Street Honolulu, HI.
    What is the asking price?
    The asking price for this property is $14,000,000.
    What are key features of this property?
    This property features: Prime location in the historic Moiliili neighborhood, close to restaurants, stores, schools, Kapiolani Medical Center, Ala Moana Center, University of Hawaii, and Downtown Honolulu.; 42‑unit apartment building with significant investment potential due to under‑market rent units and actual NOI.; 1:1 parking ratio with gated lower‑level and upper‑level parking lots.
    More about this property
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