1242 6th Avenue, Honolulu, HI 96816
- $3,415,000
- Sold Price
- $3,415,000
- List Price
- $3,700,000
- Status
- CLOSED
- Type
- Multifamily
- MLS#
- 202306592
- Days on Market
- 377
- Closing Date
- Apr 01, 2024
- Land Area
- 13,965
- Year Built
- 1969
- Property Type
- Residential
- Neighborhood
- Palolo
- Land Tenure
- FS - Fee Simple
Property Description
OFFERED below assessed Value. Beautifully maintained 2-story concrete building with (1x) 1-bedroom and (9x) 2-bedroom units with 10 open parking stalls. A large 13,965 sq ft lot with building size of 7,920 sq. ft. Each unit features exceptionally large living space with balcony or backyard with units own hot water tank. Building features a coin-operated laundry area for extra monthly income, separately metered electricity, and one sewer. Current rents are below market allowing a buyer to increase rents with some upgrades. Possible redeveloping option under Bill 7 to maximize the property's highest and best use. Ideally located near Chaminade University and the University of Hawaii Manoa, restaurants, and shops.
/u.realgeeks.media/liveplayhawaii/kevin_pedersen-square.jpg)
Additional Information
- Island
- Oahu
- Utilities
- Above Ground Utilities, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Water Available, Sewer Connected
- View
- Mountain(s)
- Lot Size
- 13,965
- Construction Materials
- Concrete
- Neighborhood
- Palolo
- Frontage
- Other
- Furnished
- Partially
- Year Built
- 1969
- Sewer
- Connected
- Parking Features
- Assigned, Open
- Lot Features
- Interior Lot, Other, Level
- Stories
- 2
- Assessed Total
- 4333600
- Water
- Public
Mortgage Calculator
Listing courtesy of Island, REALTORS. Selling Office: Locations LLC.
Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Contact: (808) 687-8000