SOLD 04/01/2024
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Income
Schools
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Off the market 7,920 sqft
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.
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Property details
1969 year built
View
Mountain
Price per sqft
$431/sqft
Address
1242 6th Ave, Honolulu, HI, 96816
City of Hawaii
Honolulu
Island
Oahu
Building type
Apartments,Multi Dwellings
Year Built
1969
Frontage
Other
Land tenure
FS - Fee Simple
Neighborhood
Palolo
District
Diamond Head
Open Houses
No upcoming open houses
Interior Features
10 parking places
Stories
Two
Furnished
Partial
Roof
Other
Utilities
Gas, Internet, Overhead Electricity, Public Water, Telephone
Property Condition
Above Average, Average
nr.of parking places
10
Garage & Parking
Assigned, Open
Amenities
None
Listed by
Angela Chang, Island, REALTORS
(808) 687-8000
(808) 687-8000
Name
Angela Chang
License number
RS-70349
Brokerage company
Island, REALTORS
(808) 687-8000
(808) 687-8000
MLS #
202306592
Buyer agent
Name
Mia Lin
Brokerage company
Locations LLC
(808) 735-4200
(808) 735-4200
Payment calculator
Calculate your monthly payments
Mortgage
$10,485
Taxes
$1,159
HOA dues
$0
Mortgage
$683,000 / 20%
2.28%
30 years
Your amount
$10,485 / month
Exterior Features
Concrete construction and more
Construction
Concrete
Lot details
TMK #1330030210000
Lot Description
Other
Parcel nr.
1330030210000
Palolo 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 Palolo
30%
Families with children
National average: 39%
31%
Non family households
220,391
Population
$126,265
Average Income
Age & gender
Median age 45 years
More info
Commute types
65% commute by car
More info
Education level
27% have bachelor education
More info
Number of employees
4% work in education and healthcare
More info
Vehicles available
48% have 1 vehicle
More info
Vehicles by gender
48% have 1 vehicle
More info
Housing market insights for
$820.6k
Neighborhood average
sales price*
sales price*
$525.36k
Neighborhood median
sales price*
sales price*
1067
Number
of sales*
of sales*
Housing type
59% are apartments
More info
Rooms
37% of the houses have 2 or 3 rooms
More info
Bedrooms
44% have 2 or 3 bedrooms
More info
Owners vs Renters
51% are renters
More info
16.33 / 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
Unit Information
# of 1 Bd
1
# of 3 Bd
9
Income
Total Actual Rent
$1
Schools
15 schools with rating up to 10
| School rating | Distance | |
|---|---|---|
| out of 10 |
Aliiolani Elementary School
1240 7th Ave,
Honolulu, HI 96816
Elementary School |
0.069mi |
|
St Patrick School
3320 Harding Avenue,
Honolulu, HI 96816
Middle School |
0.217mi | |
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
High School |
0.248mi | |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Aliiolani Elementary School
1240 7th Ave,
Honolulu, HI 96816
|
0.069mi |
|
St Patrick School
3320 Harding Avenue,
Honolulu, HI 96816
|
0.217mi | |
|
Aikane O Hokulani
2940 Kamakini St,
Honolulu, HI 96816
|
0.555mi | |
| out of 10 |
Hokulani Elementary School
2940 Kamakini St,
Honolulu, HI 96816
|
0.571mi |
| out of 10 |
King Liholiho Elementary School
3430 Maunaloa Ave,
Honolulu, HI 96816
|
0.584mi |
| School rating | Distance | |
|---|---|---|
|
St Patrick School
3320 Harding Avenue,
Honolulu, HI 96816
|
0.217mi | |
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
|
0.248mi | |
|
Kaimuki Christian School
1117 Koko Head Ave,
Honolulu, HI 96816
|
0.653mi | |
|
Sacred Hearts Academy
3253 Waialac Avenue,
Honolulu, HI 96816
|
0.653mi | |
| out of 10 |
William P Jarrett Middle School
1903 Palolo Ave,
Honolulu, HI 96816
|
0.886mi |
| School rating | Distance | |
|---|---|---|
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
|
0.248mi | |
|
Kaimuki Christian School
1117 Koko Head Ave,
Honolulu, HI 96816
|
0.653mi | |
|
Sacred Hearts Academy
3253 Waialac Avenue,
Honolulu, HI 96816
|
0.653mi | |
| out of 10 |
Kaimuki High School
2705 Kaimuki Ave,
Honolulu, HI 96816
|
0.714mi |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
1.073mi | |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Apr 1, 2024
Palolo Median sales price 2024
| Bedrooms | Med. price | % of listings |
|---|---|---|
| Not specified | $1.7m | 27.27% |
| 3 beds | $1.05m | 45.45% |
| 4 beds | $1.28m | 9.09% |
| 5 beds | $1.1m | 9.09% |
| 6 beds | $1.21m | 9.09% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 1, 2024 | Sold | $3,415,000 | 431.19 | Public Record |
| Apr 1, 2024 | Price Decrease | $3,415,000 -7.7% | 431.19 | MLS #202306592 |
| Feb 27, 2024 | $3,700,000 | 467.17 | MLS #202306592 | |
| Feb 6, 2024 | Price Decrease | $3,700,000 -7.5% | 467.17 | MLS #202306592 |
| Oct 23, 2023 | For sale | $4,000,000 | 505.05 | MLS #202306592 |
| May 10, 2023 | $4,000,000 | 505.05 | MLS #202306592 | |
| Mar 21, 2023 | New Listing | $4,000,000 | 505.05 | MLS #202306592 |
| Jun 1, 2022 | Expired | $1,500 | 1.71 | MLS #202204501 |
| Mar 8, 2022 | New Listing | $1,500 -6.25% | 1.71 | MLS #202204501 |
| Dec 14, 2021 | Rented | $1,600 | 2.29 | MLS #202129172 |
| Nov 17, 2021 | New Listing | $1,600 | 2.29 | MLS #202129172 |
Taxes of 1242 6th Ave, Honolulu, HI, 96816
11 - A-1 Low Density Apartment zoning / MLS #202306592
Current Property Taxes p/month
$1,159
Assessed Improvement value
$441,500
Assessed Land value
$3,892,100
Land Recorded
Regular System
Zoning
11 - A-1 Low Density Apartment
Flood Zone
Zone X
Topography
Level
Location
Inside
Total Assessed value
$4,333,600
Tax History
| Year | Taxes | Source |
|---|---|---|
| 2022 | $13,908 | MLS #202306592 |
| 2021 | $13,908 | MLS #202306592 |
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.
Agent viewpoints of 1242 6th Ave, Honolulu, HI, 96816
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Frequently Asked Questions about 1242 6th Ave
Which year was this multi-family built?
This multi-family was build in 1969.
Which year was this property last sold?
This property was sold in 2024.
What is the full address of this Multi-Family?
1242 6th Ave, Honolulu, HI, 96816.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Island, REALTORS.
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 01, 2024
Verhouse Last checked 4 minutes ago
The closest grocery stores are Times, 0.16 miles away and Foodland, 0.55 miles away.
The Palolo neighborhood has a population of 220,391, and 30% of the families have children. The median age is 45.29 years and 65% commute by car. The most popular housing type is "apartment" and 51% is renter.