Description
- Listed by Derek C Lau • License #RB-19796 • Real Estate Specialists • (808) 791-3709
Property Details for 1650 Young Street
Property Details for 1650 Young Street
| Status | Active |
|---|---|
| MLS # | 202403902 |
| Days on Market | 732 |
| Taxes | $1,630 / month |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Multi-Family |
| Year Built | 1973 |
| Lot Size | 0.32 AC / 13,900 SF |
| County | Honolulu County |
Location
Building Information for 1650 Young Street
Payment Calculator
$69,864 per month
30 year fixed, 6.15% Interest
$68,234
$1,630
$0
Property Information for 1650 Young Street
- Topography: Level
- City: Honolulu
- County Or Parish: Oahu
- State Or Province: HI
- Tax Amount: $1,630.00
- Tax Assessed Value: $5,586,900.00
- Tax Assessed Value Improvements: $2,493,000.00
- Tax Assessed Value Land: $3,093,900.00
- Tax Year: 2023
- Parcel Number: 1-2-8-001-037-0000
- HOA YN: No
- Parking Features: Assigned, Covered, Open
- Parking Total: 42
- Other Parking Features: None
- Virtual Tour URL Unbranded: https://listings.hetproductions.com/videos/c5b6237c-1ecd-40ab-b53e-288449e8e0f5
- Property Sub Type: Multi-Family
- Property Type: Multi-Family
- Land Recorded: Regular System
- Lot Features: Clear
- Lot Size Area: 13900.0
- Year Built: 1973
- Building Type: Apartments
- Documents: Lease Documents, P&L
- Photo Count: 22
- Property Condition: Above Average
- Special Listing Conditions: None
- Disclosures: None
- Foreclosure: No
- Set Backs: Of Record
- Supplement Count: 0
- TMK Area: 128
- TMK Condo Property Regime Number: 0
- TMK Division: 1
- TMK Parcel: 37
- TMKPLAT: 1
- TMK Section: 8
- TMK Zone: 2
- Utilities: Cable, Gas, Internet, Overhead Electricity, Public Water, Telephone, Water
- Sewer: Connected
- Utilities Meters: Electric, Individual
- Amenities: Resident Manager, Trash Chute
- Construction Materials: Concrete
- Easements: None
- Roof: Other
- Laundry Facilities: Coin, Dryer, Washer
- Studio Units Number Of: 0
- Unit One Number Of Bed: 42
- Unit Three Number Of Bed: 0
- Unit Two Number Of Bed: 0
- Number Of Units Total: 42
- Total Annual Operating Expenses: $242,755.00
- Total Income: $417,653.00
- Expenses Include: Excise Tax, Insurance, Mgmt Fee, Property Tax, Repair Maintenance, Sewer Fee
- Net Operating Income: $174,898.00
- Other Income: $150.00
- DOM: 716
- Immoviewer: No
- Listing Service: Full Service
- MLS: HI Central
- MLS Area Major: Metro
- Status: Active
- Public Remarks: Have you been looking for an established apartment building with overflowing investment potential and an unparalleled location? You’re in luck! This 42-unit apartment building is perfectly situated in the coveted historic neighborhood of Moiliili close to many restaurants, stores, schools, 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). Equipped with a gated lower-level parking lot and an upper-level parking lot, this building features 42 1BR/1BA units, 1:1 parking ratio, solid concrete construction, keyed elevator, trash chutes on each level, and a secured community laundry room with 4 washers and 4 dryers. Other considerations include separate electric meters, lovely views, loading zone area, and much more! Call now to find out more about adding this building to your investment portfolio! NOI is actual with many under market rent units. Please contact Listor with additional questions and interior showings will be subjected to accepted offer. Please submit offers on the Commercial Purchase and Sale Agreement form. DO NOT DISTURB tenants.
- Possession: At Closing
- Showing Instructions: Two Day Notice Reqd, Appointment Only, Call Listor
- Tenants Responsibilities Include: Cable TV, Electricity, Other
- Total Actual Rent: $34,655.00
Property History for 1650 Young Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Feb 20, 2024 | Listed (Active) HICENTRAL #202403902 | $14,000,000 | — |
| May 13, 2012 | Temporarily Off Market HICENTRAL #1105996 | $9,300,000 | — |
| May 17, 2011 | Listed (Active) HICENTRAL #1105996 | $9,300,000 | — |
| May 1, 2011 | Temporarily Off Market HICENTRAL #1005887 | $9,300,000 | — |
| May 1, 2010 | Listed (Active) HICENTRAL #1005887 | $9,300,000 | — |
| Mar 20, 2010 | Temporarily Off Market HICENTRAL #2904022 | $9,500,000 | — |
| Mar 20, 2009 | Listed (Active) HICENTRAL #2904022 | $9,500,000 | — |
| Sep 3, 2008 | Temporarily Off Market HICENTRAL #2716687 | $9,900,000 | — |
| Sep 11, 2007 | Listed (Active) HICENTRAL #2716687 | $9,900,000 | — |
| Aug 25, 2007 | Temporarily Off Market HICENTRAL #2616057 | $10,500,000 | — |
| Aug 25, 2006 | Listed (Active) HICENTRAL #2616057 | $10,500,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 02/20/2024 | Listed (Active) HICENTRAL #202403902 | $14,000,000 |
| 05/13/2012 | Temporarily Off Market HICENTRAL #1105996 | $9,300,000 |
| 05/17/2011 | Listed (Active) HICENTRAL #1105996 | $9,300,000 |
| 05/01/2011 | Temporarily Off Market HICENTRAL #1005887 | $9,300,000 |
| 05/01/2010 | Listed (Active) HICENTRAL #1005887 | $9,300,000 |
| 03/20/2010 | Temporarily Off Market HICENTRAL #2904022 | $9,500,000 |
| 03/20/2009 | Listed (Active) HICENTRAL #2904022 | $9,500,000 |
| 09/03/2008 | Temporarily Off Market HICENTRAL #2716687 | $9,900,000 |
| 09/11/2007 | Listed (Active) HICENTRAL #2716687 | $9,900,000 |
| 08/25/2007 | Temporarily Off Market HICENTRAL #2616057 | $10,500,000 |
| 08/25/2006 | Listed (Active) HICENTRAL #2616057 | $10,500,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1650 Young Street
Schools near 1650 Young Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 8 |
Rating | School | Distance |
|---|---|---|
King William Lunalilo Elementary School PublicPK to 5 | ||
President George Washington Middle School Public6 to 8 | ||
Kaimuki High School Public9 to 12 | ||
Voyager - A Public Charter School CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Real Estate Specialists, Derek C Lau, License #RB-19796
Based on information from one of the following Multiple Listing Services: Hawaii HIS, MAUI MLS and Hi Central. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Hawaii HIS, MAUI MLS and Hi Central is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.