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1125 Hassinger St, Honolulu, HI 96822 listing image 1

For Sale

$3,380,000

1125 Hassinger St, Honolulu, HI 96822

-Bed
-Bath
2817SqFt

-Bed
-Bath
2817SqFt

Property Type
Condo
Year Built
1928
Price per Sqft
$1200
On highrises
58 Days

Property Details

A prime multifamily investment opportunity in the strongest rental neighborhoods, Makiki, Honolulu. The 13-unit building consisting of 12 (studios) & 1 (1bd/1ba) unit has a current gross income of $223K/year. The owner has completed improvements such as new windows, flooring, exterior and interior paint, and entry doors. Tenants have access to a common laundry area. There are 5 parking stalls on-site. Utilities are the owner's responsibility as there is only one house meter, for electricity, water, and gas. Within proximity to Safeway Beretania, post office, bust routes, and freeway access.

Property Features

Bathrooms

Total Bathrooms: 0

Land Info

Lot Description: Level
Lot Size Acres: 0.1165978
Topography: Level
Lot Size Square Feet: 5079

Garage and Parking

Parking Features: Assigned
Parking Total: 5

Homeowners Association

Association Fee Frequency: Monthly
Association Fee 2 Frequency: Monthly

Multi-Unit Info

Number of Units: 13

Amenities and Community Features

Community Features: Storage Facilities

Other Property Info

Annual Tax Amount: 4896.00
Source Listing Status: Active
County: Oahu
Source Property Type: Residential
Area: Metro
Property Subtype: condo
Source Neighborhood: MAKIKI AREA
Parcel Number: 1-2-4-019-072-0000
Postal City: Honolulu
Subdivision: MAKIKI AREA
Zoning Description: 12 - A-2 Medium Density Apartme
Property Subtype: Multi Family
Source System Name: C2C

Commercial Info

Net Operating Income: 127255
Operating Expense: 90364
Operating Expense Includes: Insurance, Manager, Maintenance, Real Estate Tax, New Tax, Water/Sewer

Building and Construction

Year Built: 1928
Building Area Total: 2817
Levels: Two
Property Age: 97
Property Condition: Excellent
Levels or Stories: 2
Structure Type: Apartment
Total Area Sqft: 2817
Year Built Effective: 1975

Utilities

Sewer: Connected
Above Ground Utilities
Electricity Available
Natural Gas Available
Sewer Available
Water Available
Sewer Connected

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
12/15/2024	Listed	$3,380,000	$1,200	HiCentral
08/01/2022	Sold	$3,400,000	$1,207	Public Record
10/01/1986	Sold	$292,000	$104	Public Record
12/01/1981	Sold	$180,000	$64	Public Record
10/01/1981	Sold	$150,000	$53	Public Record

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2023	$4,207	$1,087,700	+	$114,300	=	$1,202,000
2022	$4,004	$1,037,200	+	$106,900	=	$1,144,100
2021	$4,278	$1,113,000	+	$109,300	=	$1,222,300
2020	$4,475	$1,163,600	+	$115,100	=	$1,278,700
2019	$4,473	$1,163,600	+	$114,400	=	$1,278,000
2018	$3,742	$961,300	+	$107,900	=	$1,069,200
2017	$3,738	$936,000	+	$132,200	=	$1,068,200

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
1415 Victoria St Apt 915	$380K	1	1	629	30013
1022 Prospect St Unit 908D	$785K	3	3	1340	36808
1561 Pensacola St Apt 1706	$680K	2	2	1040	34456
1010 Wilder Ave Apt 704	$1.2M	2	2	1777	54668
1415 Liholiho St Apt 909	$410K	2	1	760	19254
1617 Clark St Apt 702	$380K	1	1	654	8973

Presented by:
Kynan Pang
state license#RB-23513

Brokered by:
Kynan K L Pang
(808) 225-8776

Broker Location:

Honolulu

Data Source:

HiCentral

Source's Property ID:

202428319

Data Source Copyright:

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1125 Hassinger St, Honolulu, HI 96822