1632 Young Street

Honolulu, HI 96826

$6,853,080
Price
19,460 / 0.45
Lot Size / Acres
a backyard of a house
a view of residential houses with outdoor space
a view of an ocean and beach
a view of ocean view
a view of an ocean and city
a view of a lake
a view of a lake
a view of a pathway
a view of a lake
a view of a lake
a view of parking area

Description

This rare development opportunity at 1632, 1638, and 1644 Young St. offers a level, ready-to-develop site suitable for various uses, such as Bill 7 housing, mixed-use, and medical facilities. Located on the mauka side of Young St. with parcels on all three sides, this property provides excellent potential. The maximum allowable commercial density (FAR) is 0.4 (7,784 sq ft), with a building area of up to 50% of the zoning lot (9,730 sq ft). For structures exceeding 40 feet, additional rear and side...This rare development opportunity at 1632, 1638, and 1644 Young St. offers a level, ready-to-develop site suitable for various uses, such as Bill 7 housing, mixed-use, and medical facilities. Located on the mauka side of Young St. with parcels on all three sides, this property provides excellent potential. The maximum allowable commercial density (FAR) is 0.4 (7,784 sq ft), with a building area of up to 50% of the zoning lot (9,730 sq ft). For structures exceeding 40 feet, additional rear and side setbacks are required, with an additional 1-foot setback for every 10 feet of height. The maximum FAR is 1.4892, providing a potential floor area of 28,979.83 sq ft. Additional features include 10-foot front, side, and rear yards, with allowances for parking lots and garages in the side and rear yards, subject to specific restrictions. Renderings illustrate potential development options. Priced at $7,449,000, this listing is based on the 2018 purchase price, adjusted for property taxes and six years of compounded loan interest, calculated at rates of 4%, 5%, and 6% over successive two-year periods.
  1. Listed by Loren BA Graham • License #RB-20919 • eXp Realty • (808) 725-2794
  2. Listed by Asha Nestico • License #RS-85614 • eXp Realty • (808) 725-2794

Property Details for 1632 Young Street

View
City, Mountain
Zoning
17 - AMX-2 Medium Density Apt M
Neighbourhood
MOILIILI
Flood Zone
Zone X
Land Tenure
FS - Fee Simple
LISTING UPDATED: 11/25/2024 01:23 PM

Property Details for 1632 Young Street

StatusActive
MLS #202424669
Days on Market50
Taxes$1,144 / month
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots/Land/Farm / Land
Year Built-
Lot Size0.45 AC
CountyHonolulu County

Building Information for 1632 Young Street

Lot Size0.45 AC

Property Information for 1632 Young Street

Summary
Location and General Information
  • Topography: Level
  • City: Honolulu
  • County Or Parish: Oahu
  • State Or Province: HI
Taxes and HOA Information
  • Tax Amount: $1,143.80
  • Tax Assessed Value: $3,921,600.00
  • Tax Assessed Value Improvements: $.00
  • Tax Assessed Value Land: $3,921,600.00
  • Tax Year: 2024
  • Parcel Number: 1-2-8-001-076-0000
  • Additional Parcels: No
  • HOA YN: No
Property
Lot Information
  • Property Sub Type: Land
  • Property Type: Lots/Acres/Farms
  • Road Frontage: Paved Rd
  • Land Recorded: Regular System
  • Lot Features: Clear
  • Lot Size Area: 19460.0
  • Land Use: Business, Commercial, Hotel/Apt, Other, Residential
Property and Assessments
  • Improvements: Sidewalks
  • Photo Count: 12
  • Restrictions: None
  • Special Listing Conditions: None
  • Disclosures: None
  • Foreclosure: No
  • Set Backs: None
  • Supplement Count: 0
  • TMK Area: 128
  • TMK Condo Property Regime Number: 0
  • TMK Division: 1
  • TMK Parcel: 76
  • TMKPLAT: 1
  • TMK Section: 8
  • TMK Zone: 2
Utilities
  • Utilities: None
  • Sewer: Connected
  • Utilities Meters: Electric, Water
Interior and Exterior Features
Exterior Features
  • Easements: None
Agent
Sale and Listing
  • DOM: 38
  • Immoviewer: No
  • Listing Service: Full Service
  • MLS: HI Central
  • MLS Area Major: Metro
  • Status: Active
  • Public Remarks: This rare development opportunity at 1632, 1638, and 1644 Young St. offers a level, ready-to-develop site suitable for various uses, such as Bill 7 housing, mixed-use, and medical facilities. Located on the mauka side of Young St. with parcels on all three sides, this property provides excellent potential. The maximum allowable commercial density (FAR) is 0.4 (7,784 sq ft), with a building area of up to 50% of the zoning lot (9,730 sq ft). For structures exceeding 40 feet, additional rear and side setbacks are required, with an additional 1-foot setback for every 10 feet of height. The maximum FAR is 1.4892, providing a potential floor area of 28,979.83 sq ft. Additional features include 10-foot front, side, and rear yards, with allowances for parking lots and garages in the side and rear yards, subject to specific restrictions. Renderings illustrate potential development options. Priced at $7,449,000, this listing is based on the 2018 purchase price, adjusted for property taxes and six years of compounded loan interest, calculated at rates of 4%, 5%, and 6% over successive two-year periods.

Property History for 1632 Young Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1632 Young Street

Taxable ValueLand$3,921,600Additions-Total$3,921,600
Tax Record2023$13,226 ($1,102 / month)
Home Facts
Beds1Baths6Total Finished SqFt1,684 SqFtAbove Grade Finished SqFt1,684 SqFtStories1Lot Size19,460 SqFtStyleResidentialYear Built1939ZoningAMX-2 APT MIXCountyHONOLULUAPN1-2-8-001-076

Schools near 1632 Young Street

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
King William Lunalilo Elementary School
Public - PK to 5
President George Washington Middle School
Public - 6 to 8
Kaimuki High School
Public - 9 to 12
Voyager - A Public Charter School
Charter - K to 8
Rating
School
Distance
King William Lunalilo Elementary School
PublicPK to 5

President George Washington Middle School
Public6 to 8

Kaimuki High School
Public9 to 12

Voyager - A Public Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1632 Young Street, Honolulu, HI 96826

1632 Young Street is a 0.45 ac of land for sale in Honolulu, HI 96826. This property was listed for sale on November 1, 2024 by eXp Realty, it's currently listed at $6,853,080. It has been on the market for a total of 50 days and was last sold on May 12, 2020. This listing's school district is Hawaii Department Of Education. Nearby schools include King William Lunalilo Elementary School, President George Washington Middle School and Kaimuki High School. 1632 Young Street is a 0-bed, 0-bath, 0.45 ac of land on a 19,460 sq. ft. / 0.45 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, Loren BA Graham, License #RB-20919; eXp Realty, Asha Nestico, License #RS-85614