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Multi-Family sold for $3,100,000 in 5 days

940 Punahou St Honolulu, HI, 96826

Neighborhood: Pawaa

Off the market 5,717 sqft

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Very desirable, multi-family building in prime location at 940 Punahou Street. Excellent condition, hollow tile two-story apartment building with 8 - two bedroom units and 1 studio. Close to Waikiki and easy access to everywhere. Zoned BMX-3. Seller filed dedicated RPT. Newly painted exterior of building, newly constructed common laundry area for coin operated washers/dryers. One of the 2 bedroom units has been fully renovated. Most of the rents are currently below market. 100% occupied.
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Property details

1962 year built
View
Mountain, Other
Price per sqft
$542/sqft
Address
940 Punahou St, Honolulu, HI, 96826
City of Hawaii
Honolulu
Island
Oahu
Building type
Apartments
Year Built
1962
Frontage
Other
Land tenure
FS - Fee Simple
Neighborhood
Pawaa
District
Honolulu

Open Houses

No upcoming open houses

Interior Features

6 parking places
Stories
Two
Roof
Other
Utilities
Cable, Telephone, Water
Property Condition
Above Average, Excellent
nr.of parking places
6
Garage & Parking
Assigned, Open
Amenities
None

Listed by

Esther Park Kusunoki, List Sotheby's Int'l Realty
Name
Esther Park Kusunoki
License number
RB-21002
Brokerage company
List Sotheby's Int'l Realty
MLS #
202209610

Buyer agent

Name
Aileen S Rodriguez-Chizer
Brokerage company
List Sotheby's Int'l Realty
(808) 735-2411

Payment calculator

Calculate your monthly payments
Mortgage
$9,518
Taxes
$2,620
HOA dues
$0
$12,138 per month
Mortgage
$620,000 / 20%
2.28%
30 years
Your amount $9,518 / month

Exterior Features

Hollow Tile construction and more
Construction
Hollow Tile

Lot details

TMK #1230250060000
Lot Description
Clear
Parcel nr.
1230250060000

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

31%
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

$720.48k
Neighborhood average
sales price*
$524.14k
Neighborhood median
sales price*
1307
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

Unit Information

# of 3 Bd
8

Income

Total Actual Rent
$12,525

Schools

15 schools with rating up to 6
School rating Distance
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
Elementary School
0.361mi
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
Middle School
0.066mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
High School
0.395mi
School rating Distance
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.361mi
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
0.362mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.395mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.442mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
0.498mi
School rating Distance
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.066mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.361mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.395mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.442mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
0.498mi
School rating Distance
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.395mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.442mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
0.498mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.535mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.769mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Jun 16, 2022

Pawaa Median sales price 2024

Bedrooms Med. price % of listings
Not specified $240k 29.41%
1 bed $359.5k 47.06%
2 beds $422.5k 23.53%
Date Event Price $/sqft Source
Jun 16, 2022 Sold $3,100,000 542.24 Public Record
Jun 16, 2022 Price Increase $3,100,000 +0.39% 542.24 MLS #202209610
May 23, 2022 Under contract $3,088,000 540.14 MLS #202209610
May 19, 2022 New Listing $3,088,000 +18.77% 540.14 MLS #202209610
Oct 15, 2021 Sold $2,600,000 454.78 Public Record
Oct 15, 2021 Price Increase $2,600,000 +4.21% 454.78 MLS #202120133
Aug 11, 2021 Under contract $2,495,000 436.42 MLS #202120133
Aug 5, 2021 New Listing $2,495,000 436.42 MLS #202120133

Taxes of 940 Punahou St, Honolulu, HI, 96826

33 - BMX-3 Community Business M zoning / MLS #202209610
Current Property Taxes p/month
$2,620
Assessed Improvement value
$360,600
Assessed Land value
$2,199,400
Land Recorded
Regular System
Zoning
33 - BMX-3 Community Business M
Flood Zone
Zone AO
Topography
Level
Location
Other
Total Assessed value
$2,560,000

Tax History

Year Taxes Source
2022 $31,443 MLS #202209610
2021 $31,452 MLS #202120133
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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 940 Punahou St, Honolulu, HI, 96826

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Frequently Asked Questions about 940 Punahou St

Which year was this multi-family built?

This multi-family was build in 1962.

Which year was this property last sold?

This property was sold in 2022.

What is the full address of this Multi-Family?

940 Punahou St, Honolulu, HI, 96826.

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: Jun 16, 2022
Verhouse Last checked less than a minute ago


The closest grocery stores are Palama Korean Supermarket, 0.22 miles away and Times Supermarket, 0.23 miles away.
The Pawaa neighborhood has a population of 364,089, and 31% of the families have children. The median age is 44.95 years and 65% commute by car. The most popular housing type is "apartment" and 52% is renter.
Multi-Family Sold $3.1m 940 Punahou St, Honolulu, HI, 96826 5,717 sqft Save House Remove from Saved