1242 16th Avenue, Honolulu, HI 96816 - Photo 1

1/1

$1,820,000

Sold
Closed
Multi-Family
5 Total Beds
3 Full Baths

1/1

Property Description

Do not miss this exceptional chance to own a unique property on an expansive 11,000+ sq ft level lot zoned R-5, offering three separate structures-perfect for investors or multi-generational living. Ideally situated in one of Honolulu's most desirable neighborhoods, this property is just minutes from Kahala Mall, freeway access, the University of Hawaii, and downtown Honolulu. The property includes: Two 2-bedroom, 1-bathroom units, One 1-bedroom, 1-bathroom unit. Each unit is separately metered and currently tenant-occupied by long-term residents, offering immediate rental income. The property is fully enclosed and set back from the street, providing a private and peaceful setting. Ample parking accommodates both residents and guests with ease. This is a rare find with significant potential in a high-demand area. Whether you're looking to invest, redevelop, or create a family compound, this property delivers endless possibilities. Schedule your showing today-opportunities like this don't last long!

Full Property Details

Full Property Details for 1242 16th Ave

General

Sold For: $1,820,000
Taxes: $5,160
Status: Closed
Type: Multi-Family
Source: Honolulu_Board_Of_Realtors
MLS ID: 202511240
Added to Site: 214 day(s) ago

Rental Information

Complex Features: None

Interior

Flooring: Ceramic Tile, Laminate

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 5

Parking

Total Spaces: 8
Parking Features: Driveway, Three or more Spaces

Location

Area: DiamondHd
County: Oahu
Subdivision: WILHELMINA

Utilities

Water: Public
Cable Available: Yes
Utility Description: Cable Available, High Speed Internet Available, Other, Phone Available, Water Available

Structural Information

Architectural Style: Multiplex
Detached/Attached: Detached
Construction: Single Wall, Wood Frame
Stories/Levels: 1
Square Feet: 2,506
Living Area: 1,898 Sq. Ft.
Year Built: 1913
Property Condition: Average Condition

Lot Features

Lot Size: 11250
Frontage: County Road
Topography: Level
Lot Features: Cleared, Interior Lot, Level
Zoning: 05 - R-5 Residential District

Financial Considerations

Assessment Amount: $1,471,000
Tax Amount: $5,160

Disclosures and Reports

Special Conditions: None
Inclusions: AC Window Unit, Ceiling Fan, Dryer, Range/Oven, Refrigerator, Washer, Water Heater
Disclosures/Reports: 1031 Exchange, Seller Disclosure
Disclosures/Rstr.: 1031 Exchange, Seller Disclosure
Property ID: 1-3-3-010-025-0000

Listed by REMAX Hawaii
Sold by REMAX Hawaii

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— 1242 16th Ave —

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(808) 738-3600

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Schools

Schools serving 1242 16th Ave

School District:Hawaii Department of Education

Name	Grades	Distance
Waialae Elementary - Public Charter School 1045 19th Avenue, Honolulu, HI 96816	PK-5	0.4 mi
Kaimuki Middle School 631 18th Avenue, Honolulu, HI 96816	6-8	0.8 mi
Kalani High School 4680 Kalaniana?ole Highway, Honolulu, HI 96821	9-12	1.3 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 1242 16th Ave

Date

Details

Price

Change

Source

10/20/2025

Sold

$1,820,000

-8.77%

MLS

6/16/2025

Listed

$1,995,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1242 16th Avenue, Honolulu, HI 96816 (MLS# 202511240) is a Multi-Family property that was sold at $1,820,000 on October 20, 2025. Want to learn more about 1242 16th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Honolulu? You can browse all Honolulu real estate or contact a Coldwell Banker agent to request more information.

1242 16th Ave Honolulu, HI 96816