Skip To Content

1617 Alapai Street

Honolulu, HI 96813
  • $3,300,000
  • STATUS: Active
  • ON SITE: 59 Days
  • MLS #: 202121143
UPDATED: 44 min ago
$3,300,000
  • 8
    BEDS
  • 0.14
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 1,637
    SQFT
  • $2,016
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1939
County:
Area:

School Ratings & Info

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.

Monthly Payment Calculator



© 2021 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Honolulu.

Licensed in the State of Hawaii, USA.
www.realtyinhawaii.com/homes/120714366
Print Image

1617 Alapai Street Honolulu, HI 96813

  • Price: $3,300,000
  • Status: Active
  • Updated: 44 min ago
  • MLS #: 202121143
8
Beds
4
Baths
0
½ Baths
0.14
Acres
1,637
SQFT
$2,016
$/SQFT
1939
Built
Neighborhood:
Punchbowl Area
County:
Oahu
Area:
Metro
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.
Exterior Features

Construction Materials Single Wall Location Dead End Lot Description Other Parking Carport Pool None Road Frontage Paved Rd Roof Asphalt Shingle Stories Two Style Detach Single FamilyMultiple Dwellings Topography Gentle Slope View CityOcean

Interior Features

Floors Other Inclusions Other Sq Ft Roofed Living 1637

Property Features

Assessed Value Improvements 1080800.00 Assessed Value Land 111400.00 Assessed Value Total 1192200.00 Association Fee2 Includes None Disclosures Property Disclosure Stmt Easements None Flood Zone Zone X Foreclosure YN No Fractional Ownership YN No Land Recorded None Land Tenure Fs - Fee Simple Listing Financing CashConventionalOpenOther New Construction No Occupancy Tenant Possession At ClosingSubject To Rental Lease Property Condition Fair Property Subtype Single Family Setbacks C&C Special Sale Conditions None Tax Amount 348.00 Tax Paid By Seller 0 Tax Year 2021 Utilities Available ConnectedInternetOverhead ElectricityPublic WaterTelephone Zoning 12 - A-2 Medium Density Apartme

Listings provided courtesy of Nathalie Mullinix R. U., Inc..
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2021-10-20T21:58:42.71. Information is deemed reliable but not guaranteed. Copyright: 2021 by HiCentral MLS, Ltd.


© 2021 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Honolulu.

Licensed in the State of Hawaii, USA.
 
https://bt-photos.global.ssl.fastly.net/honolulu/orig_boomver_1_202121143-2.jpg https://bt-photos.global.ssl.fastly.net/honolulu/orig_boomver_1_202121143-2.jpg https://bt-photos.global.ssl.fastly.net/honolulu/orig_boomver_1_202121143-2.jpg
Logo
Keller Williams Honolulu
1347 Kapiolani Blvd, 3rd Floor
Honolulu HI, 96814