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$2,650,000

  • Sold
  • Closed
  • Commercial Residential Facility
  • 5,088 Sq. Ft.
See This Home
Save This Home
See This Home
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COMMERCIAL LISTING. BMX-3 Zoned with residential use exemption makes this property super desirable for its many possible uses. Owners never thought they'd sell, so have kept the building in top shape with low rents to eliminate vacancies. 10 units: 6 ones, 4 twos, 7 parking & 100% occupancy. Super clean, upgraded interiors. All but one unit is renovated. Hollow tile construction, nice private grass yard common area, and excellent location make this property easy to "manage up": charge for parking, install coin laundry, and increase the rent to market rates. All units have laundry hookups; all machines owned by tenants. Buyer to accept existing survey performed by Walter Thompson Inc November 1, 2000.

Full Property Details for 1240 Young St

General

  • Sold For: $2,650,000
  • Taxes: $7,887
  • Status: Closed
  • Type: Commercial Residential Facility
  • Source: Honolulu_Board_Of_Realtors
  • MLS ID: 202505623
  • Added to Site: 324 day(s) ago

Business

  • Business Type: Condominium, Residential

Rental Information

  • Complex Features: None

Interior

  • Flooring: Concrete

Parking

  • Total Spaces: 7
  • Parking Features: Assigned

Location

  • Area: Metro
  • County: Oahu
  • Subdivision: MAKIKI AREA
  • Building Name: NA

Heating & Cooling

  • Cooling Type: None

Utilities

  • Sewer: Connected
  • Utility Description: Electricity Available, Sewer Connected

Structural Information

  • Detached/Attached: Detached
  • Construction: Block, Concrete
  • Stories/Levels: 2
  • Square Feet: 5,088
  • Year Built: 1961
  • Property Condition: Excellent

Lot Features

  • Lot Size: 7921
  • Frontage: City Street
  • Zoning: 33 - BMX-3 Community Business M

Financial Considerations

  • Operating Expenses: $29,137
  • Assessment Amount: $2,493,600
  • Tax Amount: $7,887
  • Tenant Pays: Electricity

Disclosures and Reports

  • Special Conditions: None
  • Disclosures/Reports: None
  • Disclosures/Rstr.: None
  • Property ID: 1-2-4-004-084-0000

Listed by Commercial Inv. Strategies
Sold by Locations LLC

Listing agent

— 1240 Young St —

  • Commercial Inv. Strategies

(808) 429-1098

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1240 Young St

School District:Hawaii Department of Education
NameGradesDistance
Queen Kaahumanu Elementary School
1141 Kinau Street, Honolulu, HI 96814
PK-50.2 mi
President George Washington Middle School
1633 South King Street, Honolulu, HI 96826
6-80.6 mi
President William Mckinley High School
1039 South King Street, Honolulu, HI 96814
9-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1240 Young St

Date
Details
Price
Change
Source
5/23/2025
Sold
$2,650,000
-5.36%
MLS
3/18/2025
Price Reduced
$2,800,000
-3.45%
MLS
2/26/2025
Listed
$2,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Commercial Inv. Strategies
Sold by Locations LLC

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1240 Young Street, Honolulu, HI 96814 (MLS# 202505623) is a Commercial Residential Facility property that was sold at $2,650,000 on May 23, 2025. Want to learn more about 1240 Young Street? Do you have questions about finding other Commercial Residential Facility real estate for sale in Honolulu? You can browse all Honolulu real estate or contact a Coldwell Banker agent to request more information.