1617 ALAPAI ST

HONOLULU, HI, 96813

$2,400,000

$1,466 per ft²
$2,400,000
$1,466 per ft²
Sold
Sold
beds
8 Beds
baths
4 Baths
carpenters-square
1,637 ft²
property_type
Multi-family
calendar
Built 1939
Special A2 zoned development opportunity. Located contiguous to the corner of Alapai/Prospect Sts, this property is being sold together with 702 Prospect St, MLS # 653515 for a total of 10,732 sq ft as part of an estate sale. These properties have not been marketed since 1953 and represent an ideal opportunity for redevelopment into higher density residential/apartment use and development under Bill 7. 702 Prospect and 1617 Alapai each contain 2 dwellings with 3 rental units each for a total of 6 rental units. The location is ideally located on the slope of Punchbowl. Buyer to do their own due diligence as to development ability. These properties are a very rare chance to own A2 zoned land in probably the most premier A2 zoned land on Oahu. A beautiful residential area with close proximity to Downtown and skyrocketing land values. Some of the units are on month to month rental agreements significantly below market value. Please do not disturb the occupants.
MLS® ID:
653418
Listed:
8/21/21
Updated:
8/13/22

Interior Features

Kitchen Appliances
Other (remarks)
Total Bedrooms
8
Full Bathrooms
4
Floor Description
Other (remarks)

Exterior/Building Features

Lot Size
5,918 ft² lot
Lot Details
Dead End
Sewer
Sewer-Connected

Other Property Details

Area Name
Honolulu
Taxes
$4172.00
Tax Frequency
per YEAR
Garage
No
Parking
Other (remarks)
View
Y
Utilities
Power: Overhead
Water Source
County
Pool
No
Pool Description
N
Zoning
A-2

Property History

Date
Event
Price
Value
7/21/22
Sold
-
-
7/21/22
Price Change
$2,400,000
-27%

 

Courtesy of Nathalie Mullinix Realty Universal, Inc., Nathalie Mullinix

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Data last updated 6:56 AM UTC, 8/13/22

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