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42-Unit Apartment Building
For Sale
$14,000,000

1650 Young Street, Honolulu, HI 96826

Concrete multifamily property with dedicated parking, secured laundry, elevator service, and individually metered electricity.

Property SizeContact for details
Days on Market1059

Property Features for 1650 Young Street

General Information

Standard status Active
Property subtype Multi-Family / Multi-Family
Zoning 17 - AMX-2 Medium Density Apt M
Net Operating Income $265,325

Amenities

Coin, Dryer, Washer
Other
Resident Manager, Trash Chute
Concrete

Building Details

Year Built 1973
Listing Agency: Real Estate Specialists
Listed By: Derek C Lau · License #RB-19796
Source: Compass
Added: Nov 3, 2023 Changed: Sep 25 Last Checked: Sep 24 at 4:07PM

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 Real Estate Specialists

Investment Insights

Based on property information with market context.

This 42-unit apartment property was built in 1973 with solid concrete construction and a layout of 42 one-bedroom, one-bath residences. Building features include a keyed elevator, trash chutes serving each level, separate electric meters, and a secured community laundry room equipped with 4 washers and 4 dryers. Parking is provided across gated lower- and upper-level lots, with a 1:1 parking ratio and a designated loading zone.

The property is in Moiliili, a historic Honolulu neighborhood, with restaurants, stores, and schools nearby. Kapiolani Medical Center is 0.6 miles away, Ala Moana Center is 0.9 miles away, the University of Hawaii at Manoa is 1.1 miles away, and Downtown Honolulu is 2.1 miles away. The property is zoned 17 - AMX-2 Medium Density Apt M.

Key Highlights

  • 42 units configured as 1BR/1BA apartments
  • 1:1 parking ratio with gated lower- and upper‑level parking lots
  • Solid concrete construction; built in 1973

Property Analytics

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Current Use

Apartment buildings

Location Intelligence

Demographics for 96826, HI

30,092
Population
16,564
Households
1.8
Avg Household Size
44
Median Age
38%
College-Educated
91%
High-School Grad
1.1 sq mi
ZIP Area
27,356
Density / Sq Mi
$67,743
Median Household Income
$44,393
Median Earnings
$1,604
Median Rent
$485,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Concrete multifamily property with dedicated parking, secured laundry, elevator service, and individually metered electricity.
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: 42 units configured as 1BR/1BA apartments; 1:1 parking ratio with gated lower- and upper‑level parking lots; Solid concrete construction; built in 1973
More about this property
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