5-Unit Apartment
For Sale
$2,680,000
1559 Magazine Street, Honolulu, HI 96822
Well-maintained multifamily property with varied unit layouts and covered garage parking.
Property Size3,509 SF
Days on Market12
Property Features for 1559 Magazine Street
General Information
Standard status
Active
Size
3,509 SF
Total Parking Spaces
5
Property subtype
Multi Family
Net Operating Income
$110,243
Units
Unit Mix
1 x studio, 1 x 1BR/1BA, 1 x 2BR/1BA, 1 x 3BR/2BA, 1 x 4BR/2BA
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$5,628
Building Details
Building Size
3,509 SF
Year Built
1950
Listing Agency:
Excel Commercial Realty LLC
(808) 225-8776
Listed By:
Kynan Pang · License #RB-23513
(808) 225-8776
Source:
Commercialinvestmentstrategies
Added: Aug 10
Changed: Aug 14
Last Checked: Aug 20 at 11:18AM
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 Excel Commercial Realty LLC
Investment Insights
Based on property information with market context.
Built in 1950, this well-maintained apartment property contains five units with a broad mix of layouts: a studio, one 1-bedroom/1-bathroom unit, one 2-bedroom/1-bathroom unit, one 3-bedroom/2-bathroom unit, and one 4-bedroom/2-bathroom unit. Five covered garage parking stalls serve the property. Electrical service is separately metered for every residence other than the studio and 1-bedroom/1-bathroom unit, supporting straightforward utility administration.
The property is located at 1559 Magazine Street in Honolulu's Punchbowl neighborhood. Downtown Honolulu, Queen's Medical Center, Kaka'ako, Ala Moana, the University of Hawai'i at Manoa, Roosevelt High School, and Punahou School are identified in the surrounding area, providing access to employment, healthcare, education, shopping, and dining destinations.
The property is located at 1559 Magazine Street in Honolulu's Punchbowl neighborhood. Downtown Honolulu, Queen's Medical Center, Kaka'ako, Ala Moana, the University of Hawai'i at Manoa, Roosevelt High School, and Punahou School are identified in the surrounding area, providing access to employment, healthcare, education, shopping, and dining destinations.
Key Highlights
- Five‑unit apartment property built in 1950
- Unit mix includes studio, 1‑bedroom, 2‑bedroom, 3‑bedroom, and 4‑bedroom residences
- Five covered garage parking stalls
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Demographics for 96822, HI
42,231
Population
19,960
Households
2.1
Avg Household Size
45
Median Age
58%
College-Educated
95%
High-School Grad
8.0 sq mi
ZIP Area
5,279
Density / Sq Mi
$95,594
Median Household Income
$49,159
Median Earnings
$1,736
Median Rent
$985,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained multifamily property with varied unit layouts and covered garage parking.
Where is this apartment building located?
The property is located at 1559 Magazine Street Honolulu, HI.
What is the asking price?
The asking price for this property is $2,680,000.
What are key features of this property?
This property features: Five‑unit apartment property built in 1950; Unit mix includes studio, 1‑bedroom, 2‑bedroom, 3‑bedroom, and 4‑bedroom residences; Five covered garage parking stalls
