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1218 King St 1218 King St, Honolulu, HI, 96817
Neighborhood: Kapalama$4,600,000 $200,000 Commercial for sale Commercial/Industrial
Opportunity knocks! TWO 3 story hollow tile buildings located across from the post office on N King, this well-maintained 20-unit apartment building has 6 retail spaces, 9 one-bedroom units, 4 two-bedrooms, 1 three-bedroom, and 1 bonus warehouse unit (approx 645sf). Owner recently fixed spalling and painted, and has taken excellent care of the building. Property has some covered parking, and bonus parking fronting the building not included in the 17 stalls. Access from Long Lane via N King. Opportunity to create better cash flow with minimal cap expenditure due to below market rents.
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Property details
1970 year built
Price per sqft
$402/sqft
Days on Verhouse
306
Address
1218 King St, Honolulu, HI, 96817
City of Hawaii
Honolulu
Island
Oahu
Year Built
1970
Frontage
Other
Land tenure
FS - Fee Simple
Parking Spaces
17
Net Operating Income
210739.00
Neighborhood
Kapalama
District
Honolulu
Virtual Tour
Nearby major retailers
Costco
Foodland
Lowe's
Mercedes-Benz
Safeway
Porsche
T-Mobile
Whole Foods Market
Ferrari
Wholesale: 1
Supermarket: 7
Do it yourself: 1
Car: 4
Mobile phone: 1
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Interior Features
17 parking places, Concrete floors
Roof
Other
Property Condition
Excellent
Floor Covering
Concrete
Easements
Other
Documents Available
Lease Documents, P&L, Title Search
Garage & Parking
On Site, Street
Utilities Included
Gas, Light Electricity, Other, Small Water Meter
Amenities
None
Listed by
Christina L Dwight, Commercial Inv. Strategies
(808) 429-1098
(808) 429-1098
Name
Christina L Dwight
License number
RB-20978
Brokerage company
Commercial Inv. Strategies
(808) 429-1098
(808) 429-1098
MLS #
202311573
Payment calculator
Calculate your monthly payments
Mortgage
$14,124
Taxes
$3,160
HOA dues
$0
Mortgage
$920,000 / 20%
2.28%
30 years
Your amount
$14,124 / month
Exterior Features
Concrete Block construction and more
Construction
Concrete Block
Lot details
TMK #1160020630000
Parcel nr.
1160020630000
Kapalama neighborhood info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
People living in Kapalama
33%
Families with children
National average: 39%
28%
Non family households
416,417
Population
$128,695
Average Income
Age & gender
Median age 42 years
More info
Commute types
68% commute by car
More info
Education level
24% have bachelor education
More info
Number of employees
2% work in education and healthcare
More info
Vehicles available
45% have 1 vehicle
More info
Vehicles by gender
45% have 1 vehicle
More info
Housing market insights for 1218 King St
$838.51k
Neighborhood average
sales price*
sales price*
$599.25k
Neighborhood median
sales price*
sales price*
630
Number
of sales*
of sales*
Housing type
51% are apartments
More info
Rooms
33% of the houses have 2 or 3 rooms
More info
Bedrooms
53% have 2 or 3 bedrooms
More info
Owners vs Renters
51% are renters
More info
17.33 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Schools
15 schools with rating up to 9
| School rating | Distance | |
|---|---|---|
| out of 10 |
Princess Victoria Kaiulani Elementary School
783 North King St,
Honolulu, HI 96817
Elementary School |
0.397mi |
|
Damien Memorial School
1401 Houghtailing Street,
Honolulu, HI 96817
Middle School |
0.315mi | |
|
Damien Memorial School
1401 Houghtailing Street,
Honolulu, HI 96817
High School |
0.315mi | |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Princess Victoria Kaiulani Elementary School
783 North King St,
Honolulu, HI 96817
|
0.397mi |
| out of 10 |
Princess Miriam K Likelike Elementary School
1618 Palama St,
Honolulu, HI 96817
|
0.419mi |
| out of 10 |
Kalihi Kai Elementary School
626 McNeill St,
Honolulu, HI 96817
|
0.521mi |
| out of 10 |
Kapalama Elementary School
1601 North School St,
Honolulu, HI 96817
|
0.542mi |
| out of 10 |
Lanakila Elementary School
717 North Kuakini St,
Honolulu, HI 96817
|
0.592mi |
| School rating | Distance | |
|---|---|---|
|
Damien Memorial School
1401 Houghtailing Street,
Honolulu, HI 96817
|
0.315mi | |
| out of 10 |
King David Kalakaua Middle School
821 Kalihi St,
Honolulu, HI 96819
|
0.429mi |
|
St. Theresa School
712 North School Street,
Honolulu, HI 96817
|
0.603mi | |
|
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd,
Honolulu, HI 96817
|
0.645mi | |
|
St Anthony School
640 Puuhale Road,
Honolulu, HI 96819
|
0.862mi | |
| School rating | Distance | |
|---|---|---|
|
Damien Memorial School
1401 Houghtailing Street,
Honolulu, HI 96817
|
0.315mi | |
| out of 10 |
Governor Wallace Rider Farrington High School
1564 North King St,
Honolulu, HI 96817
|
0.377mi |
|
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd,
Honolulu, HI 96817
|
0.645mi | |
|
Kamehameha Schools Kapalama Campus
1887 Makuakane Street,
Honolulu, HI 96817
|
0.923mi | |
|
Academy Of The Pacific
913 Alewa Drive,
Honolulu, HI 96817
|
1.005mi | |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Price Decrease Feb 6, 2024
Kapalama Median sales price 2024
| Bedrooms | Med. price | % of listings |
|---|---|---|
| Not specified | $190k | 9.09% |
| 1 bed | $332.5k | 36.36% |
| 2 beds | $379.75k | 18.18% |
| 3 beds | $450k | 18.18% |
| 6 beds | $1.2m | 9.09% |
| 10 beds | $1.31m | 9.09% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Feb 6, 2024 | Price Decrease | $4,600,000 -4.17% | 402.56 | MLS #202311573 |
| Oct 26, 2023 | For sale | $4,800,000 | 420.06 | MLS #202311573 |
| Oct 26, 2023 | Price Decrease | $4,800,000 -2.04% | 420.06 | MLS #202311573 |
| Sep 29, 2023 | $4,900,000 | 428.81 | MLS #202311573 | |
| Aug 10, 2023 | Price Decrease | $4,900,000 -2% | 428.81 | MLS #202311573 |
| Feb 6, 2024 | Price Decrease | $4,600,000 -4.17% | 426.52 | MLS #202311568 |
| Oct 26, 2023 | For sale | $4,800,000 | 445.06 | MLS #202311568 |
| Oct 26, 2023 | Price Decrease | $4,800,000 -2.04% | 445.06 | MLS #202311568 |
| Sep 29, 2023 | $4,900,000 | 454.33 | MLS #202311568 | |
| Aug 10, 2023 | Price Decrease | $4,900,000 -2% | 454.33 | MLS #202311568 |
| May 31, 2023 | New Listing | $5,000,000 +8.7% | 437.56 | MLS #202311573 |
| May 31, 2023 | New Listing | $5,000,000 | 463.61 | MLS #202311568 |
Taxes of 1218 King St, Honolulu, HI, 96817
33 - BMX-3 Community Business M zoning / MLS #202311573
Current Property Taxes p/month
$3,160
Assessed Improvement value
$967,500
Assessed Land value
$2,093,500
Land Recorded
Regular System
Zoning
33 - BMX-3 Community Business M
Flood Zone
Zone X
Total Assessed value
$3,061,000
Tax History
| Year | Taxes | Source |
|---|---|---|
| 2023 | $37,920 | MLS #202311568 |
About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.
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Frequently Asked Questions about 1218 King St
What is 1218 King St?
1218 King St is a Exclusive Rights Commercial/Industrial property.
What is the rental income?
The net income is $210,739
*check with agent
What is the full address of this Commercial?
1218 King St, Honolulu, HI, 96817.
What comparable properties are nearby?
Comparable nearby commercial properties include 1178 King St, 219 Kalihi St, Address undisclosed, 1810 King St, 905 Kekaulike St, 1 North King St.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Commercial Inv. Strategies.
Our company may forward your question(s), email address, phone number, name, and any other information you may provide to a licensed real estate agent in the state where the property you are inquiring about is located. We forward your information to assist you in getting you the answers you are requesting. However, you are not obligated to work with this agent. The agent we forward your information to may or may not be the listing agent for the property. Please discuss with the agent regarding your options for representation. Information deemed reliable but not guaranteed.
Listing last updated: Apr 11, 2024
Verhouse Last checked 3 minutes ago
The closest grocery stores are Palama Supermarket, 0.18 miles away and Foodland, 0.58 miles away.
The Kapalama neighborhood has a population of 416,417, and 33% of the families have children. The median age is 42.99 years and 68% commute by car. The most popular housing type is "apartment" and 51% is renter.
