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850 Lokahi St 850 Lokahi St, Honolulu, HI, 96826

Neighborhood: Pawaa

$2,300,000 Commercial active under contract Commercial/Industrial

Back on Market and ready to sell, Never been in escrow! RARE FIND with GREAT BONES! Huge Two-Bedrooms with stellar, central location and desirable construction. One-to-one parking! All units have washer/dryer hookup with opportunity to add coin laundry for more income. 5 of 7 units vacant, so pro forma rents are provided in the property info package (see Agent remarks) = you can easily ‘manage up’ this beautiful building and reposition it to gain excellent cash flow. Some deferred maintenance, property to be sold As Is, Where Is.
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Property details

1968 year built
Price per sqft
$399/sqft
Days on Verhouse
33
Address
850 Lokahi St, Honolulu, HI, 96826
City of Hawaii
Honolulu
Island
Oahu
Year Built
1968
Frontage
Other
Land tenure
FS - Fee Simple
Parking Spaces
7
Net Operating Income
77202.00
Neighborhood
Pawaa
District
Honolulu

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

7 parking places, Other floors
Roof
Other
Property Condition
Above Average
Floor Covering
Other
Easements
None
Documents Available
Lease Documents, P&L, Title Search
Garage & Parking
On Site
Utilities Included
Light Electricity, Other, Small Water Meter
Amenities
None

Listed by

Christina L Dwight, Commercial Inv. Strategies
(808) 429-1098
Name
Christina L Dwight
License number
RB-20978
Brokerage company
Commercial Inv. Strategies
(808) 429-1098
MLS #
202406985

Payment calculator

Calculate your monthly payments
Mortgage
$7,062
Taxes
$445
HOA dues
$0
$7,507 per month
Mortgage
$460,000 / 20%
2.28%
30 years
Your amount $7,062 / month

Exterior Features

Concrete Block construction and more
Construction
Concrete Block

Lot details

TMK #1230240090000
Parcel nr.
1230240090000

Pawaa 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 Pawaa

30%
Families with children
National average: 39%
30%
Non family households
364,089
Population
$128,046
Average Income

Age & gender

Median age 44 years
More info

Commute types

65% 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

48% have 1 vehicle
More info

Vehicles by gender

48% have 1 vehicle
More info

Housing market insights for 850 Lokahi St

$754.45k
Neighborhood average
sales price*
$536.19k
Neighborhood median
sales price*
1253
Number
of sales*

Housing type

60% are apartments
More info

Rooms

38% 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
14.67 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Schools

15 schools with rating up to 6
School rating Distance
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
Elementary School
0.174mi
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
Middle School
0.153mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
High School
0.479mi
School rating Distance
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
0.174mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.479mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.482mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
0.519mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.519mi
School rating Distance
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.153mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.479mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.482mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
0.519mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.519mi
School rating Distance
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.479mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.482mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
0.519mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.606mi
NR
Lutheran High School Of Hawaii
1404 University Avenue, Honolulu, HI 96822
0.833mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Apr 12, 2024

Pawaa Median sales price 2024

Bedrooms Med. price % of listings
Not specified $250k 21.43%
1 bed $359.5k 57.14%
2 beds $430k 21.43%
Date Event Price $/sqft Source
Apr 12, 2024 $2,300,000 399.31 MLS #202406985
Apr 12, 2024 $2,300,000 399.31 MLS #202406981
Mar 25, 2024 New Listing $2,300,000 399.31 MLS #202406985
Mar 25, 2024 New Listing $2,300,000 -13.21% 399.31 MLS #202406981
Feb 2, 2024 Cancelled $2,650,000 460.07 MLS #202324653
Oct 30, 2023 New Listing $2,650,000 460.07 MLS #202324653
Oct 30, 2023 New Listing $2,650,000 460.07 MLS #202324652
Feb 2, 2024 Cancelled $2,650,000 460.07 MLS #202324652

Taxes of 850 Lokahi St, Honolulu, HI, 96826

12 - A-2 Medium Density Apartme zoning / MLS #202406985
Current Property Taxes p/month
$444
Assessed Improvement value
$280,400
Assessed Land value
$1,244,100
Land Recorded
Regular System
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone AO
Total Assessed value
$1,524,500

Tax History

Year Taxes Source
2023 $5,336 MLS #202324652
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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.

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Frequently Asked Questions about 850 Lokahi St

What is 850 Lokahi St?

850 Lokahi St is a Exclusive Agency Commercial/Industrial property.

What is the rental income?

The net income is $77,202
*check with agent

What is the full address of this Commercial?

850 Lokahi St, Honolulu, HI, 96826.

What comparable properties are nearby?

Comparable nearby commercial properties include 2110 Beretania St, 821 Olokele Ave, 3007 Lincoln Ave, 1402 Lusitana St, 1100 Alakea St, Address undisclosed.

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 12, 2024
Verhouse Last checked less than a minute ago


The closest grocery stores are Times Supermarket, 0.16 miles away and Palama Korean Supermarket, 0.2 miles away.
The Pawaa neighborhood has a population of 364,089, and 30% of the families have children. The median age is 44.92 years and 65% commute by car. The most popular housing type is "apartment" and 52% is renter.
Commercial Active Under Contract $2.3m 850 Lokahi St, Honolulu, HI, 96826 Save House Remove from Saved