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MLS: 202311740 (Active - For Sale)
Asking Price: $4,195,000 FS - Fee Simple
Type: Multi-Family
District: Metro
Address: 2620 Date Street, Honolulu, HI
Neighborhood: Kapiolani
Land Area: 7,736 SF
Parking: Assigned
Days on Market: 181
(The Price of the property was lowered by $100,000 on 11/08/2023)
Year Built: 1953
Easements: Driveway
Zoning: 12 - A-2 Medium Density Apartme
Land Recorded: Land Court
Property Taxes: $526
Assessed Value: $1,910,700
Assessed Ratio: 219.55%
Listing Courtesy: Standard Management LLC
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All Multi-Family Homes For Sale in Kapiolani

Actual, in place 4.62% cap rate. This 100% occupied, turnkey property consists of 11 units in 3 buildings & underwent major interior & exterior renovations last year, including significant upgrades to all utilities, new roof and gutter systems, all new stainless steel appliances, new cabinets, vanities, faucets and fixtures, newly tiled walk-in showers, installation of LVT flooring throughout, newly paved and lined asphalt parking lot, new vinyl fencing around the perimeter with a steel rolling gate on the side and a steel security gate at the entrance, upgraded steel railings, new entry, interior, and security screen doors, new landscaping, upgraded signage, as well as interior and exterior paint. The four 2-bedroom units in the 2-story back building which is concrete on bottom & wood on top were upgraded with all new dual-pane glass vinyl windows, new fan systems, insulation in the ceilings and demising walls, and each unit boasts individual stacked Samsung washer-dryers located on either the balconies or large fenced back patios. The six 1-bedroom units in the 2-story concrete front building include upgraded louver systems with window AC units in the bedrooms & living rooms.

1 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price

2 Sold Properties Found (Last 12 months)
Description List Date Sold Date List Price Sold Price
0 Bed 0 Bath03/31/202306/30/2023$1,825,000$1,875,000
0 Bed 0 Bath12/01/202207/19/2023$2,295,000$2,220,000
Average Price:  $2,047,500

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Copyright: 2015 by the HiCentral MLS, Ltd.
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