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Multi-Family sold for $1,588,000 in 15 days

805 Bannister St Honolulu, HI, 96819

Neighborhood: Kapalama

Off the market 3,892 sqft

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Located in the Heart of Honolulu this multi-unit property is a great investment for an Owner Operator Business or Apartment Investor that is interested in owning an IMX Zoned building. Cap rate at 6%. There are 8 units consisting of (4) two bedroom units, (2) Studio units, and (2) One bedroom units. This is a 1031 Exchange and the tax records may not reflect 6 units. Sold strictly "As Is" and is fully tenant occupied, so showings may be limited. Rents are between $1100 to $1400 to long term tenants but most are on Month to Month agreements. Entry and exit from both Stanley and Bannister streets are possible to get to the property. Great strategic location and freeway access in either direction.
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Property details

1948 year built
View
None, Other
Price per sqft
$408/sqft
Address
805 Bannister St, Honolulu, HI, 96819
City of Hawaii
Honolulu
Island
Oahu
Building type
Apartments
Year Built
1948
Frontage
Other
Land tenure
FS - Fee Simple
Neighborhood
Kapalama
District
Honolulu

Open Houses

No upcoming open houses

Interior Features

6 parking places
Stories
Two
Furnished
None
Roof
Composition, Other
Utilities
Overhead Electricity, Sewer Fee, Water
Property Condition
Above Average
nr.of parking places
6
Garage & Parking
Assigned
Amenities
None, A/C

Listed by

Sisi M Takaki, Berkshire Hathaway HmSvc HI RE
Name
Sisi M Takaki
License number
RB-21987
Brokerage company
Berkshire Hathaway HmSvc HI RE
MLS #
202121955

Payment calculator

Calculate your monthly payments
Mortgage
$4,876
Taxes
$305
HOA dues
$0
$5,181 per month
Mortgage
$317,600 / 20%
2.28%
30 years
Your amount $4,876 / month

Exterior Features

Masonry/Stucco, Single Wall, Wood Frame construction and more
Construction
Masonry/Stucco, Single Wall, Wood Frame

Lot details

TMK #1120111300000
Lot Description
Clear
Parcel nr.
1120111300000

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

35%
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

70% commute by car
More info

Education level

24% have high school education
More info

Number of employees

2% work in education and healthcare
More info

Vehicles available

42% have 1 vehicle
More info

Vehicles by gender

42% have 1 vehicle
More info

Housing market insights for

$665.53k
Neighborhood average
sales price*
$579.67k
Neighborhood median
sales price*
387
Number
of sales*

Housing type

45% are apartments
More info

Rooms

33% of the houses have 4 or 5 rooms
More info

Bedrooms

54% have 2 or 3 bedrooms
More info

Owners vs Renters

51% are renters
More info
17.33 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Unit Information

# of 1 Bd
2
# of 3 Bd
4

Income

Total Actual Rent
$10,100

Schools

15 schools with rating up to 9
School rating Distance
NR
St Anthony School
640 Puuhale Road, Honolulu, HI 96819
Elementary School
0.168mi
NR
St Anthony School
640 Puuhale Road, Honolulu, HI 96819
Middle School
0.168mi
3
out of 10
Governor Wallace Rider Farrington High School
1564 North King St, Honolulu, HI 96817
High School
0.493mi
School rating Distance
NR
St Anthony School
640 Puuhale Road, Honolulu, HI 96819
0.168mi
NR
St John The Baptist Catholic School
2340 Omilo Lane, Honolulu, HI 96819
0.352mi
7
out of 10
Kalihi Waena Elementary School
1240 Gulick Ave, Honolulu, HI 96819
0.389mi
6
out of 10
Mayor Joseph J Fern Elementary School
1121 Middle St, Honolulu, HI 96819
0.4mi
2
out of 10
Puuhale Elementary School
345 Puuhale Rd, Honolulu, HI 96819
0.455mi
School rating Distance
NR
St Anthony School
640 Puuhale Road, Honolulu, HI 96819
0.168mi
NR
St John The Baptist Catholic School
2340 Omilo Lane, Honolulu, HI 96819
0.352mi
5
out of 10
King David Kalakaua Middle School
821 Kalihi St, Honolulu, HI 96819
0.422mi
NR
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd, Honolulu, HI 96817
0.769mi
NR
Damien Memorial School
1401 Houghtailing Street, Honolulu, HI 96817
0.872mi
School rating Distance
3
out of 10
Governor Wallace Rider Farrington High School
1564 North King St, Honolulu, HI 96817
0.493mi
NR
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd, Honolulu, HI 96817
0.769mi
NR
Damien Memorial School
1401 Houghtailing Street, Honolulu, HI 96817
0.872mi
NR
Kamehameha Schools Kapalama Campus
1887 Makuakane Street, Honolulu, HI 96817
1.073mi
9
out of 10
Moanalua High School
2825 Ala Ilima St, Honolulu, HI 96819
1.569mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Oct 25, 2021

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
Oct 25, 2021 Sold $1,588,000 408.02 Public Record
Oct 22, 2021 Withdrawn $1,588,000 408.02 MLS #202121956
Oct 22, 2021 Withdrawn $1,588,000 408.02 MLS #202121952
Sep 14, 2021 Under contract $1,588,000 408.02 MLS #202121956
Sep 14, 2021 Under contract $1,588,000 408.02 MLS #202121955
Sep 14, 2021 Under contract $1,588,000 408.02 MLS #202121952
Aug 31, 2021 New Listing $1,588,000 408.02 MLS #202121955
Aug 31, 2021 New Listing $1,588,000 408.02 MLS #202121956
Aug 31, 2021 New Listing $1,588,000 -11.04% 408.02 MLS #202121952
Aug 20, 2021 Withdrawn $1,785,000 458.63 MLS #202119694
Jul 29, 2021 New Listing $1,785,000 458.63 MLS #202119694
Aug 20, 2021 Withdrawn $1,785,000 458.63 MLS #202118285
Jul 22, 2021 For sale $1,785,000 458.63 MLS #202118285
Aug 20, 2021 Withdrawn $1,785,000 458.63 MLS #202119699
Jul 29, 2021 New Listing $1,785,000 458.63 MLS #202119699
Jul 12, 2021 Under contract $1,785,000 458.63 MLS #202118285
Jul 1, 2021 New Listing $1,785,000 458.63 MLS #202118285

Taxes of 805 Bannister St, Honolulu, HI, 96819

46 - IMX-1 Industrial-Commercia zoning / MLS #202121955
Current Property Taxes p/month
$304
Assessed Improvement value
$152,300
Assessed Land value
$906,300
Land Recorded
Regular System
Zoning
46 - IMX-1 Industrial-Commercia
Flood Zone
Zone X
Topography
Level
Location
Corner
Total Assessed value
$1,058,600

Tax History

Year Taxes Source
2020 $3,658 MLS #202118285
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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 805 Bannister St, Honolulu, HI, 96819

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Frequently Asked Questions about 805 Bannister St

Which year was this multi-family built?

This multi-family was build in 1948.

Which year was this property last sold?

This property was sold in 2021.

What is the full address of this Multi-Family?

805 Bannister St, Honolulu, HI, 96819.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Berkshire Hathaway HmSvc HI RE.
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: Oct 25, 2021
Verhouse Last checked 5 minutes ago


The closest grocery stores are Foodland, 0.65 miles away and Times Supermarket, 0.84 miles away.
The Kapalama neighborhood has a population of 416,417, and 35% of the families have children. The median age is 42.48 years and 70% commute by car. The most popular housing type is "apartment" and 51% is renter.
Multi-Family Sold $1.59m 805 Bannister St, Honolulu, HI, 96819 3,892 sqft Save House Remove from Saved