Two-Building Residential Income
1320 Pensacola Street Honolulu, HI 96814
For Sale
$1,488,888
Two-building investment property with long-term tenants, including a studio and multiple bedroom units.
Property Size3,360 SF
Price / SF$443.12
Days on Market48
Property Features for 1320 Pensacola Street
General Information
- Standard status
- Active
- Size
- 3,360 SF
- Property subtype
- Multi-Family / Multi-Family
Building Details
- Year Built
- 1955
Listing Agency:
SLL Company
(808) 383-3149
Listed By:
Siu Lan Lundy · License #RB-18996
(808) 383-3149
Source:
Compass
Added: Jun 10
Changed: Jul 22
Last Checked: Jul 26 at 1:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SLL Company
Investment Insights
Based on property information with market context.
This investment property consists of two separate buildings. The back building offers two 2-bedroom, 1-bath units. The front building includes a studio and a 3-bedroom unit.
The property is located in a central town setting and is currently occupied by long-term, steady tenants.
Overall, the configuration provides a mix of studio and bedroom units across two buildings within a single investment offering.
The property is located in a central town setting and is currently occupied by long-term, steady tenants.
Overall, the configuration provides a mix of studio and bedroom units across two buildings within a single investment offering.
Key Highlights
- Two‑building investment property with long‑term, steady tenants
- Back building includes 2 units with 2 bedrooms and 1 bath
- Front building includes a studio and a 3‑bedroom unit
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $102.8k | $30.60 |
| − Vacancy | −$7.2k | −$2.15 |
| EGI | $95.6k | $28.45 |
| − OpEx | −$28.7k | −$8.53 |
| NOI | $66.9k | $19.91 |
3,360 SF · lease $30.60/SF/yr · vacancy 7.03% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$955.9K
$836.4K – $1.12M
NOI $66,912 @ 7.0% cap · market cap 4.49%
Second Best
Apartment 5plus
$880.1K
$770.1K – $1.03M
NOI $61,605 @ 7.0% cap · market cap 4.14%
Theoretical Best
Specialty Retail
$1.36M
$1.19M – $1.59M
NOI $95,290 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Two-building investment property with long-term tenants, including a studio and multiple bedroom units.
Where is this quadplex located?
The property is located at 1320 Pensacola Street Honolulu, HI.
What is the asking price?
The asking price for this property is $1,488,888.
What are key features of this property?
This property features: Two‑building investment property with long‑term, steady tenants; Back building includes 2 units with 2 bedrooms and 1 bath; Front building includes a studio and a 3‑bedroom unit
