729 Ekela Avenue

Honolulu, HI 96816

$1,610,000
Price
5
Beds
2,136 Sq. Ft.
$754 / Sq. Ft.
2,136
Sq. Ft.
$754
per Sq. Ft.

Description

Calling all investors! Don't miss this LEGAL DUPLEX in Apartment zoning with 3 rental units! The main front home has 5 bedrooms (each occupied and being rented separately) plus a studio or large office space (also currently rented). The back home has 2 bedrooms, 1 bath, a 2nd full legal kitchen, and its own laundry. The front home also has a coin laundry that's accessible by all front home and studio tenants. 2 tandem parking plus 1-2 additional parking, plus lots of easy street parking. 2 electric...Calling all investors! Don't miss this LEGAL DUPLEX in Apartment zoning with 3 rental units! The main front home has 5 bedrooms (each occupied and being rented separately) plus a studio or large office space (also currently rented). The back home has 2 bedrooms, 1 bath, a 2nd full legal kitchen, and its own laundry. The front home also has a coin laundry that's accessible by all front home and studio tenants. 2 tandem parking plus 1-2 additional parking, plus lots of easy street parking. 2 electric meters, 1 water. The location is so convenient that many tenants walk or bus to nearby Waikiki and Kapahulu shops and restaurants. Do not step foot on property without an appointment - please do not disturb tenants. Some photos have been virtually enhanced.
  1. Listed by Michael D DeMello • License #RB-19192 • Redfin Corporation • (808) 201-2821

Property Details for 729 Ekela Avenue

View
None, Golf Course
Zoning
12 - A-2 Medium Density Apartme
Neighbourhood
KAPAHULU
Flood Zone
Zone AE
Stories/Levels
Two
Land Tenure
FS - Fee Simple
LISTING UPDATED: 11/14/2024 02:16 PM

Property Details for 729 Ekela Avenue

StatusActive
MLS #202418190
Days on Market123
Taxes$395 / month
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1950
Lot Size0.10 AC / 4,302 SF
CountyHonolulu County

Virtual Tour

Building Information for 729 Ekela Avenue

Stories-Residences3Year Built1950Building Size-Lot Size0.10 AC / 4,302 SF

Property Information for 729 Ekela Avenue

Summary
Location and General Information
  • Topography: Level
  • City: Honolulu
  • County Or Parish: Oahu
  • State Or Province: HI
  • Location: Inside
Taxes and HOA Information
  • Tax Amount: $395.47
  • Tax Assessed Value: $1,475,900.00
  • Tax Assessed Value Improvements: $222,500.00
  • Tax Assessed Value Land: $1,253,400.00
  • Tax Year: 2024
  • Parcel Number: 1-2-7-035-037-0000
  • HOA YN: No
Parking
  • Parking Features: Open, Tandem
  • Parking Total: 4
  • Other Parking Features: None
Virtual Tour
Property
Lot Information
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family
  • SQFT Building: 2136.0
  • Sqft Total: 2136.0
  • Land Recorded: Regular System
  • Lot Features: Clear
  • Lot Size Area: 4302.0
  • Year Built: 1950
  • Building Type: Duplex
Property and Assessments
  • Photo Count: 25
  • Property Condition: Above Average
  • Special Listing Conditions: None
  • Disclosures: Property Disclosure Stmt
  • Foreclosure: No
  • Set Backs: C&C
  • Supplement Count: 0
  • TMK Area: 127
  • TMK Condo Property Regime Number: 0
  • TMK Division: 1
  • TMK Parcel: 37
  • TMKPLAT: 35
  • TMK Section: 7
  • TMK Zone: 2
Utilities
  • Utilities: Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone
  • Sewer: Connected
  • Utilities Meters: Electric, Water
Interior and Exterior Features
Exterior Features
  • Amenities: None
  • Construction Materials: Concrete, Masonry/Stucco, Single Wall, Wood Frame
  • Easements: Other
  • Roof: Asphalt Shingle
Interior Features
  • Furnished: Partial
  • Laundry Facilities: Coin
Multi Family
Multi-Family Information
  • Studio Units Number Of: 1
  • Unit One Number Of Bed: 0
  • Unit Three Number Of Bed: 1
  • Unit Two Number Of Bed: 1
  • Number Of Units Total: 3
Income & Expenses
  • Total Annual Operating Expenses: $29,050.29
  • Total Income: $109,440.00
  • Expenses Include: Excise Tax, Insurance, Property Tax, Repair Maintenance
  • Net Operating Income: $80,389.71
  • Other Income: $70.00
Agent
Sale and Listing
  • DOM: 115
  • Immoviewer: No
  • Listing Service: Full Service
  • MLS: HI Central
  • MLS Area Major: Metro
  • Status: Active
  • Public Remarks: Calling all investors! Don't miss this LEGAL DUPLEX in Apartment zoning with 3 rental units! The main front home has 5 bedrooms (each occupied and being rented separately) plus a studio or large office space (also currently rented). The back home has 2 bedrooms, 1 bath, a 2nd full legal kitchen, and its own laundry. The front home also has a coin laundry that's accessible by all front home and studio tenants. 2 tandem parking plus 1-2 additional parking, plus lots of easy street parking. 2 electric meters, 1 water. The location is so convenient that many tenants walk or bus to nearby Waikiki and Kapahulu shops and restaurants. Do not step foot on property without an appointment - please do not disturb tenants. Some photos have been virtually enhanced.
  • Possession: At Closing, Negotiable
Showing and Remarks
  • Showing Instructions: Two Day Notice Reqd, Appointment Only, Listor Must Be Present
Rental
Rent Information
  • Tenants Responsibilities Include: Parking
  • Total Actual Rent: $9,120.00

Property History for 729 Ekela Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 729 Ekela Avenue

Taxable ValueLand$1,253,400Additions$222,500Total$1,475,900
Tax Record2023$4,559 ($380 / month)
Home Facts
Beds4Baths3Total Finished SqFt1,608 SqFtAbove Grade Finished SqFt1,608 SqFtStories1Lot Size4,302 SqFtStyleSingle Family ResidenceYear Built1950Year Renovated1975ZoningA-2 APARTMENTCountyHONOLULUAPN1-2-7-035-037

Schools near 729 Ekela Avenue

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
President George Washington Middle School
Public6 to 8

Kaimuki High School
Public9 to 12

Hawaii School For The Deaf And Blind
PublicPK to 12

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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729 Ekela Avenue is a multi-family home for sale in Honolulu, HI 96816. This property was listed for sale on August 16, 2024 by Redfin Corporation, it's currently listed at $1,610,000. It has been on the market for a total of 123 days and was last sold on June 15, 2018. This listing's school district is Hawaii Department Of Education. Nearby schools include President Thomas Jefferson Elementary School, President George Washington Middle School and Kaimuki High School. 729 Ekela Avenue is a 5-bed, 0-bath, 2,136 sqft multi-family home built in 1950.

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 Redfin Corporation, Michael D DeMello, License #RB-19192