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1617 Alapai Street, Honolulu, HI 96813
$2,400,000
1617 Alapai Street, Honolulu, HI 96813View this property at 1617 Alapai Street, Honolulu, HI 96813
1617 Alapai StreetHonoluluHI96813
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Property Description
Special A2 zoned development opportunity. Located contiguous to the corner of Alapai/Prospect Sts, this property is being sold together with 702 Prospect St MLS # 202121149 for a total of 10,732 sq ft as part of an estate sale. These properties have not been marketed since 1953 and represent an ideal opportunity for redevelopment into higher density residential/apartment use and development under Bill 7. 702 Prospect and 1617 Alapai each contain 2 dwellings with 3 rental units each for a total of 6 rental units. The location is ideally located on the slope of Punchbowl. Buyer to do their own due diligence as to development ability.These properties are a very rare chance to own A2 zoned land in probably the most premier A2 zoned land on Oahu. A beautiful residential area with close proximity to Downtown and skyrocketing land values. Some of the units are on month to month rental agreements significantly below market value. Please do not disturb the occupants.
Full Property Details
Full Property Details for 1617 Alapai St
General
- Sold For: $2,400,000
- Taxes: $4,176 (2021)
- Status: Closed
- Type: Single Family
- MLS ID: 202121143
- Added to Site: 950 day(s) ago
Interior
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Living Room: Living Room - 1619 Alapai (back cottage), Main
Additional Information
- Pool Description: None
Parking
- Parking Features: Carport
Location
- Area: Metro
- County: Oahu
- Neighborhood: PUNCHBOWL AREA
Utilities
- Utility Description: Connected, Internet, Overhead Electricity, Public Water, Telephone
Structural Information
- Architectural Style: Detach Single Family, Multiple Dwellings
- Description/Design: Single Family
- Exterior Const.: Single Wall
- Roof: Asphalt Shingle
- Stories/Levels: 2
- Stories Description: Two
- Square Feet: 1,637
- Living Area: 1,637 Sq. Ft.
- Year Built: 1939
- Property Condition: Fair
Lot Features
- Property View: City, Ocean
- Lot Size (Sq. Ft.): 5,918
- Frontage: Paved Rd
- Topography: Gentle Slope
- Lot Features: Other
- Zoning: 12 - A-2 Medium Density Apartme
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $4,176
- Tax Year: 2021
- Terms: Cash, Conventional, Open, Other
Disclosures and Reports
- Buyer’s Brokerage Compensation: 1.5%
- Ownership: FS - Fee Simple
- Special Conditions: None
- Land Tenure: Fee Simple
- Inclusions: Other
- Flood Zone: Zone X
- Disclosures/Reports: Property Disclosure Stmt
- Property ID: 1-2-2-004-037-0000
Listed by Nathalie Mullinix R. U., Inc.
Sold by Oceans Real Estate
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Schools
Schools serving 1617 Alapai St
School District:Hawaii Department Of Education
Rating | Name | Grades | Distance |
---|---|---|---|
1519 Queen Emma St, Honolulu, HI 96813 | K-5 | 0.3 mi | |
1202 Prospect St, Honolulu, HI 96822 | 6-8 | 0.6 mi | |
1120 Nehoa St, Honolulu, HI 96822 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1617 Alapai St
Date
Details
Price
Change
Source
7/01/2022
Sold
$2,400,000
-27.27%
MLS
8/21/2021
Listed
$3,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1617 Alapai Street, Honolulu, HI 96813 (MLS# 202121143) is a Single Family property that was sold at $2,400,000 on July 01, 2022. Want to learn more about 1617 Alapai Street? Do you have questions about finding other Single Family real estate for sale in Punchbowl Area? You can browse all Punchbowl Area real estate or contact a Coldwell Banker agent to request more information.