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Backup Offers

715 Piikoi St, Honolulu, HI, 96816

$5,300,000

0 Baths
Multi
Schools Nearby

Location

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Property Highlights

Home TypeMulti Family
ParkingAssigned, Covered
Year Built1968
HeatingNone
CoolingNone
WaterfrontOther
ViewMountain(s), Other
MLS #202326083
StatusAccepting Backup Offers
(Active Under Contract)

About 715 Piikoi St

18 CMU one-bedroom units near Ala Moana with 29 parking stalls! Proforma 5.6% cap rate at market rents. Average in-place rents are $1,183, far below market, and all tenants are month-to-month. Each unit is approx. 491 SF and in classic condition, allowing an investor the opportunity to add value by renovating units and increasing rents to market rates. The property consists of 18 one-bedroom/one-bathroom CMU units, each with a private lanai, and most with a sink and mauka views. The property has a large covered parking garage with 29 parking stalls and ingress/egress from Piikoi and Alder St. The secured laundry room has 2 landlord-owned coin-operated washers and dryers and has its own bathroom for tenant convenience. There is abundant landlord storage space on-site. Building is separately metered for electricity and boasts mature landscaping. Walking distance to Walmart and Ala Moana Shopping Center.

Property Details

Property Features

Property Information:

  • Year Built: 1968
  • Stories: 3

Listing Office:

  • Office Name: Standard Management LLC
  • Office Phone: (808) 208-8107
  • Agent Phone: (808) 208-8107

Exterior Features

Exterior Information:

  • Waterfront: Other
  • View: Mountain(s), Other
  • Exterior: None

Parking Information:

  • Parking: Assigned, Covered

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

School Info

Assigned Schools Information:

  • President William Mckinley High School, Public District Grades 9-12
  • Anuenue School, Public District Grades PK-12
  • Robert Louis Stevenson Middle School, Public District Grades 6-8
  • Queen Kaahumanu Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,300,000

Tax Information:

  • Annual Amount: $9,836
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Honolulu, HI.

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Honolulu, HI

City

Med. Sold Price

$652K

Med. Price/SqFt

$706

# of Sold Homes

308

715 Piikoi St vs Honolulu

158 DAYS ON ROCKET

$5,300,000

+$4.6M More

KEY TAKEAWAY

This property is $4.6M more than the Median Sold Price in Honolulu, HI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #202326083

Listing Office:

  • Office Name: Standard Management LLC
  • Office Phone: (808) 208-8107
  • Agent Phone: (808) 208-8107

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd.

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.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 5:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 16, 2010Home Sold
$3,000,000
Dec 31, 2003Home Sold
$881,800
Oct 10, 2003Home Sold
$1,800,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,836$2,810,300
2020$9,739$2,782,600
2019$8,651$2,754,800
2018$8,651$2,471,800
2017$8,325$2,378,700

History based on county public records data.

Payment Calculator

$26.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15.9K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6086040
5
/10

  • Queen Kaahumanu Elementary School

  • 1141 Kinau St

  • 0.42 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6086041
4
/10

  • Robert Louis Stevenson Middle School

  • 1202 Prospect St

  • 1.00 miles

  • Public District Grades 6-8

High School

school-card-donut-6086042
3
/10

  • President William Mckinley High School

  • 1039 S King St

  • 0.25 miles

  • Public District Grades 9-12

school-card-donut-6086043
6
/10

  • Anuenue School

  • 2528 10th Ave

  • 3.60 miles

  • Public District Grades PK-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,698. Most Honolulu, HI residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket Homes›Hawaii›Honolulu County›Honolulu›96816›715 Piikoi St

This home is located at 715 Piikoi St in Honolulu, HI and zip code 96816 in the Ala Moana / Kakaako neighborhood. This home was built in 1968. It has been listed on Rocket Homes since November 28, 2023 and is currently priced at $5,300,000.

Honolulu, HI housing market in April 2024 saw over 53 listings sold above listed price, more than 68 sold at listed price and over 187 sold below. The number of homes for sale in Honolulu, HI increased by 11.3% between March 2024 and April 2024.

From Rocket Homes Real Estate and based on county public records data.

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