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Property profile & analytics
OFF-MARKET
Estimated value
$1,380,000
Residential income homes
1256 Kinau St, Honolulu, HI 96814-1237
Individually Owned
2-yr Hold
Property ID
US24-0584534
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,012 SF
Lot
0.1 ac (4,500 SF)
Zoning code
A-2
APN
1-2-4-011-030
UPID
US24-0584534
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.38M
CAP Approach
CAP
$925k
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$1.38M
Owner & transaction history
Ian M Ajimine · 2 yrs held
Ian M Ajimine
since 2024
Last sale
$1.4M
6 recorded transactions
Zoning & alternative use
A-2 · Honolulu, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Honolulu submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Honolulu submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,380,000
ML approach
$1,380,000
CAP Approach
CAP Return
Estimation
6%
$1,000,000
6.5%
$925,000
7%
$855,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,240,000
Current use
COMMERCIAL (GENERAL)
$1,190,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$1.38M
Range $1.24M – $1.52M · ±10% · vs last sale $1.38M (Apr 18 2024)
Last sale anchor
$1.38M
Apr 18 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$458 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,080
Tax year 2023
Assessed value
$1,451,800
Assessed 2024
Previous assessed
$1,451,800
+0.0% YoY
Effective rate
0.35%
On assessed value
Assessed land
$1,192,500
Assessed improvement
$259,300
Land market value
$1,192,500
Improvement market value
$259,300
Total market value
$1,451,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Units
4
Bathrooms
30
Total area
3,012 SF
Lot
0.1 ac (4,500 SF)
Zoning code
A-2
APN
1-2-4-011-030
UPID
US24-0584534
Jurisdiction
HONOLULU
Zoning & alternative use
A-2 · Honolulu, HI
Zoning A-2 · permitted uses
A-2 · Honolulu, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Honolulu. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Units
4
Bathrooms
30
Lot
0.1 ac
Current owner
From public records · entity-resolved
Ian M Ajimine
Individual
Mailing address
1934 NEHOA PL APT B, HONOLULU, HI 96822-5522
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2024
—
Ian M Ajimine
Ian Masao Ajimine
Intrafamily Transfer
related
—
Apr 5, 2021
$1,379,200
Ian Masao Ajimine
Hf Ajimine LLC
Warranty Deed
—
Sep 25, 2018
—
Helen F Ajimine
Residuary Frank T A Tru
Quit Claim Deed
—
Nov 17, 2015
—
Ajimine,frank T Trust
Ajimine Frank T Living Trust
Quit Claim Deed
related
—
Dec 27, 2007
—
Frank T Ajimine
Kfhnr LLC
Grant Deed
related
—
Jun 14, 2006
$667,400
Kfhnr LLC
Ajimine F T & H F Trust
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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