Honolulu, HI 96814,1240 Young ST
Listed by Commercial Inv. Strategies
Bought with Locations LLC
$2,650,000
Est. payment /mo
$2,800,000
5.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

SOLD DATE : 05/23/2025

Key Details

Sold Price $2,650,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Subdivision Makiki Area

MLS Listing ID 202505623

Sold Date 05/23/25

Construction Status Excellent

HOA Y/N No

Year Built 1961

Annual Tax Amount $7,887

Property Sub-Type Industrial

Property Description

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.

Location

State HI

County Oahu

Area Metro

Building/Complex Name NA

Interior

Cooling None

Flooring Concrete

Fireplace No

Exterior

Parking Features Assigned

Community Features None

Utilities Available Electricity Available, Sewer Connected

Total Parking Spaces 7

Building

Story 2

Entry Level Two

Sewer Connected

Level or Stories Two

Construction Status Excellent

Others

Tax ID 1-2-4-004-084-0000

Financing Cash

Special Listing Condition None

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Hawaii Central MLS (HiCentralMLS)
agent
Lex Ferguson

Real Estate Professional | License ID: RS-78101

+1(808) 277-4715 | lex@lifeonoahu.com

GET MORE INFORMATION

Name
Phone*
Message