Sold

1735 Young Street

Honolulu HI, 96826

$8,137,500


$503.25 per sqft

Sold

51 Beds

16,170 sqft

Multi-family

Built in 1959

First time on the market for sale. Built to last, all concrete/CMU buildings in very good condition, owned and maintained by one family. Solid income property, currently below market rent with upside potential in one of Honolulu's up and coming mixed business neighborhoods where highest and best use redevelopment is possible. The Wong Lum Apartments are comprised of 2 separate three-story walk-up apartment buildings, consisting of 13-two bedroom units and 12-one bedroom units situated on AMX-2 zoned land totaling approximately 11,392 square feet. Community coin laundry located on the ground floor at the back of each building. Stable long-term tenant mix, easy to rent, located in a prime business and residential area allowing for convenience to retail establishments, public transportation, schools, hospitals, parks and recreation. This offering presents a unique opportunity for value-add investors and/or developers looking to acquire a strong income producing property for further redevelopment options in the future.

202129560

MLS ID

November 24, 2021

Listed

June 13, 2024

Updated

Map

1735 Young Street
Honolulu HI, 96826

Interior Features

Total Stories

3


Bedrooms

51


Appliances

Dryer, Washer


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

11,392 Acres


Lot Features

Cleared, Level, Corner Lot

School Information

High School

Mckinley


Elementary School

Lunalilo

Other Property Details

Area Name

Metro


Taxes

$12,888


Tax Frequency

Annually


Days on Market

6


Garage

No


Parking Total

19


View

Yes


View Description

City


County

Oahu


Water Source

Public


Pool

No


Zoning

17 - AMX-2 Medium Density Apt M

 

Courtesy of Honolulu Property Advisors LLC, Sandra ML Mann-Hawkins

Listing Contact: 8082226266 

Based on information from the Multiple Listing Service of HI - Honolulu Board of REALTORS / HiCentral (HBR) listings last updated on 6/13/2024 6:37 PM UTC. Information is deemed reliable but not guaranteed. Copyright: 2024 by the Honolulu Board of REALTORS®/ HICentral. Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require the use of other disclaimers as necessary to protect participants and/or the MLS from liability.

©2024 Honolulu Board of REALTORS®/ HICentral. All rights reserved. 

Data last updated 6:37 PM UTC, 6/13/2024

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