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MLS: 202616575 (Active - For Sale)
 
Asking Price: $2,638,000 FS - Fee Simple
Type: Multi-Family
District: Metro
Address: 2550 Date Street, Honolulu, HI
Neighborhood: Kapiolani
Land Area: 8,211 SF
View: Other
Parking: Assigned,Open,Tandem
Days on Market: 4
Year Built: 1958
Easements: Driveway,Other
Zoning: 12 - A-2 Medium Density Apartme
Land Recorded: Land Court
Property Taxes: $568
Assessed Value: $1,955,000
Assessed Ratio: 134.94%
Listing Courtesy: Five Star Realty, Inc.
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RARE 8-UNIT FEE-SIMPLE MULTIFAMILY OPPORTUNITY IN HONOLULU! This income-producing L-shaped building features eight 1-bedroom/1-bath units, currently 100% occupied, on an approximately 8,211 sq. ft. fee-simple flag lot at the end of a private driveway, newly paved in 2023. Current scheduled rents total approximately $12,743/month ($152,916/year), plus approximately $150/month in coin-operated laundry income, for estimated gross income of $12,893/month or $154,716 annually. The property offers approximately 12 parking spaces, eight separate electric meters, copper plumbing, and a convenient location near bus stops, shopping, dining, schools, and major Honolulu destinations. An attractive opportunity for investors seeking stable existing rental income, strong tenant demand, and potential long-term rental upside.

1 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
120778207/10/201209/28/2012$1,250,000$1,280,000

 
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