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SOLD
MLS: 202511240
 
Asking Price: $1,995,000 FS - Fee Simple
Sold Price: $1,820,000
Sold Date: 10/20/2025
Type: Residential
District: Diamond Head
Address: 1242 16th Avenue, Honolulu, HI
Neighborhood: Wilhelmina
Beds: 5   Baths: 3
Living Area: 1,898 SF
Style: Multiple Dwellings
Land Area: 11,250 SF
Pool:
Parking: 3 Car+,Driveway
Days on Market: 293
Year Built: 1913
Zoning: 05 - R-5 Residential District
Land Recorded: Regular System
Property Taxes: $430
Assessed Value: $1,471,000,.00
Assessed Ratio: 135.62%
Listing Courtesy: REMAX Hawaii
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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!


 
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