SOLD 04/29/2021
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Multi-Family sold for $2,100,000 in 1 days
1405 Ernest St Honolulu, HI, 96822
Neighborhood: Punchbowl AreaOff the market 3,056 sqft
Fully renovated in 2020, rarely available apartment building located at the corner of Lunalilo and Ernest Streets. All 7 - 1 bedroom units were completely gutted from top to bottom and renovated beautifully with all new appliances. Building also comes with 11 parking stalls including tandem spaces. Hollow tile construction with stucco finish were also added in 2020. Electricity and water are separately metered. Common Laundry area. Convenient location and great “turn key” investment for buyers looking for minimal repairs.
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Property details
1958 year built
View
Other
Price per sqft
$687/sqft
Address
1405 Ernest St, Honolulu, HI, 96822
City of Hawaii
Honolulu
Island
Oahu
Building type
Apartments
Year Built
1958
Frontage
Other
Land tenure
FS - Fee Simple
Neighborhood
Punchbowl Area
District
Honolulu
Open Houses
No upcoming open houses
Interior Features
11 parking places
Stories
Three
Roof
Other
Utilities
Overhead Electricity, Public Water
Property Condition
Excellent
nr.of parking places
11
Garage & Parking
Assigned, Covered, Open, Tandem
Amenities
None
Listed by
Esther H Park, List Sotheby's Int'l Realty
Name
Esther H Park
License number
RB-21002
Brokerage company
List Sotheby's Int'l Realty
MLS #
202103873
Payment calculator
Calculate your monthly payments
Mortgage
$6,448
Taxes
$426
HOA dues
$0
Mortgage
$420,000 / 20%
2.28%
30 years
Your amount
$6,448 / month
Exterior Features
Hollow Tile, Masonry/Stucco construction and more
Construction
Hollow Tile, Masonry/Stucco
Lot details
TMK #1240170030000
Lot Description
Other
Parcel nr.
1240170030000
Punchbowl Area 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 Punchbowl Area
31%
Families with children
National average: 39%
30%
Non family households
416,417
Population
$128,695
Average Income
Age & gender
Median age 44 years
More info
Commute types
64% commute by car
More info
Education level
26% have bachelor education
More info
Number of employees
2% work in education and healthcare
More info
Vehicles available
49% have 1 vehicle
More info
Vehicles by gender
49% have 1 vehicle
More info
Housing market insights for
$736.5k
Neighborhood average
sales price*
sales price*
$526.53k
Neighborhood median
sales price*
sales price*
1246
Number
of sales*
of sales*
Housing type
62% are apartments
More info
Rooms
39% of the houses have 2 or 3 rooms
More info
Bedrooms
45% have 2 or 3 bedrooms
More info
Owners vs Renters
52% are renters
More info
11 / 20
Above Average
►
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
7
Income
Total Actual Rent
$10,150
Schools
15 schools with rating up to 9
| School rating | Distance | |
|---|---|---|
| out of 10 |
Queen Kaahumanu Elementary School
1141 Kinau St,
Honolulu, HI 96814
Elementary School |
0.203mi |
| out of 10 |
Robert Louis Stevenson Middle School
1202 Prospect St,
Honolulu, HI 96822
Middle School |
0.494mi |
|
Hawaiian Mission Academy
1438 Pensacola Street,
Honolulu, HI 96822
High School |
0.128mi | |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Queen Kaahumanu Elementary School
1141 Kinau St,
Honolulu, HI 96814
|
0.203mi |
|
Hawaiian Mission Academy K-8
1415 Makiki Street,
Honolulu, HI 96814
|
0.594mi | |
| out of 10 |
President Abraham Lincoln Elementary School
615 Auwaiolimu St,
Honolulu, HI 96813
|
0.627mi |
|
Montessori Community School
1239 Nehoa Street,
Honolulu, HI 96822
|
0.645mi | |
|
Playmate Kindergarten, Day Care
1704 Keeaumoku Street,
Honolulu, HI 96822
|
0.683mi | |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Robert Louis Stevenson Middle School
1202 Prospect St,
Honolulu, HI 96822
|
0.494mi |
|
Hawaiian Mission Academy K-8
1415 Makiki Street,
Honolulu, HI 96814
|
0.594mi | |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.691mi | |
|
Redemption Academy
423 Kamakee Street,
Honolulu, HI 96814
|
0.776mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.799mi | |
| School rating | Distance | |
|---|---|---|
|
Hawaiian Mission Academy
1438 Pensacola Street,
Honolulu, HI 96822
|
0.128mi | |
| out of 10 |
President William Mckinley High School
1039 South King St,
Honolulu, HI 96814
|
0.413mi |
| out of 10 |
President Theodore Roosevelt High School
1120 Nehoa St,
Honolulu, HI 96822
|
0.652mi |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.691mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.799mi | |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Apr 29, 2021
Punchbowl Area Median sales price 2024
| Bedrooms | Med. price | % of listings |
|---|---|---|
| Not specified | $398k | 4% |
| 1 bed | $342k | 24% |
| 2 beds | $550k | 52% |
| 3 beds | $925k | 16% |
| 11 beds | $1.68m | 4% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 29, 2021 | Sold | $2,100,000 | 687.17 | Public Record |
| Apr 29, 2021 | Price Decrease | $2,100,000 -4.46% | 687.17 | MLS #202103873 |
| Feb 11, 2021 | Under contract | $2,198,000 | 719.24 | MLS #202103873 |
| Feb 11, 2021 | New Listing | $2,198,000 -4.35% | 719.24 | MLS #202103873 |
| Jan 13, 2021 | Expired | $2,298,000 | 751.96 | MLS #202016904 |
| Sep 4, 2020 | Price Decrease | $2,298,000 -8.01% | 751.96 | MLS #202016904 |
| Jul 14, 2020 | New Listing | $2,498,000 +51.39% | 817.41 | MLS #202016904 |
| Sep 30, 2019 | Sold | $1,650,000 | 539.92 | Public Record |
| Sep 13, 2019 | Pending | $1,650,000 | 539.92 | MLS #201922786 |
| Aug 15, 2019 | Under contract | $1,650,000 | 539.92 | MLS #201922786 |
| Aug 10, 2019 | New Listing | $1,650,000 | 539.92 | MLS #201922786 |
Taxes of 1405 Ernest St, Honolulu, HI, 96822
12 - A-2 Medium Density Apartme zoning / MLS #202103873
Current Property Taxes p/month
$425
Assessed Improvement value
$241,800
Assessed Land value
$1,218,200
Land Recorded
Regular System
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Topography
Gentle Slope,Level,Up Slope
Location
Corner
Total Assessed value
$1,460,000
Tax History
| Year | Taxes | Source |
|---|---|---|
| 2020 | $5,110 | MLS #202016904 |
| 2018 | $4,956 | MLS #201922786 |
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 1405 Ernest St
Which year was this multi-family built?
This multi-family was build in 1958.
Which year was this property last sold?
This property was sold in 2021.
What is the full address of this Multi-Family?
1405 Ernest St, Honolulu, HI, 96822.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of List Sotheby's Int'l Realty.
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 29, 2021
Verhouse Last checked less than a minute ago
The closest grocery stores are Safeway, 0.31 miles away and Times Supermarket, 0.35 miles away.
The Punchbowl Area neighborhood has a population of 416,417, and 31% of the families have children. The median age is 44.7 years and 64% commute by car. The most popular housing type is "apartment" and 52% is renter.