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Honolulu Multifamily Investment Opportunity

1650 Young Street, Honolulu, HI 96826

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For Sale

$14,000,000

MULTI_FAMILY - Honolulu, HI

HighLights

42‑unit apartment building with 42 1BR/1BA units
Solid concrete construction; keyed elevator; trash chutes on each level
Gated lower‑level parking lot plus upper‑level parking lot with an estimated 1:1 parking ratio
Secured community laundry room with 4 washers and 4 dryers
Separate electric meters; public water and cable available
Close to Kapiolani Medical Center (0.6 miles), Ala Moana Center (0.9 miles), University of Hawaii at Manoa (1.1 miles), and Downtown Honolulu (2.1 miles)

We can help!

Contact an agent

Derek C Lau

For Sale

$14,000,000

MULTI_FAMILY - Honolulu, HI

Added:: Feb 20, 2024
Days on Market:: 858
Last Refresh:: Jun 27 at 2:06 pm

Property Features for 1650 Young Street

General Information

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

Taxes and HOA fees

Tax Annual Amount: 20064

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!

Contact an agent

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

HighLights

42‑unit apartment building with 42 1BR/1BA units
Solid concrete construction; keyed elevator; trash chutes on each level
Gated lower‑level parking lot plus upper‑level parking lot with an estimated 1:1 parking ratio
Secured community laundry room with 4 washers and 4 dryers
Separate electric meters; public water and cable available
Close to Kapiolani Medical Center (0.6 miles), Ala Moana Center (0.9 miles), University of Hawaii at Manoa (1.1 miles), and Downtown Honolulu (2.1 miles)

Overview

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 Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City: Honolulu
County: Honolulu
State: Hawaii
Longitude: -157.834185
Latitude: 21.297576

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For sale
Apartment buildings
HI
Honolulu
96826
1650 Young Street

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: 42‑unit apartment building with 42 1BR/1BA units; Solid concrete construction; keyed elevator; trash chutes on each level; Gated lower‑level parking lot plus upper‑level parking lot with an estimated 1:1 parking ratio

1650 Young Street, Honolulu, HI 96826

MULTI_FAMILY - Honolulu, HI

Property Features for 1650 Young Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Map

Nearby Similar for Sale

Honolulu Mixed-Use Commercial Property

Two-Story Office Building with Private Offices

Live-Work Retail Building with Parking

Waikiki Medical/Professional Office Space

Honolulu Warehouse in Kalihi I-2

Professional Office Suites with Parking

Waikiki Commercial Office Space

Street-Level Restaurant and Office Building

Honolulu Office Unit For Sale

Honolulu Multi-Family Restoration Opportunity

Mixed-Use Property with Retail CUP

Honolulu Multifamily Investment Opportunity

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