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1055 Ala Napunani Street, Honolulu, HI 96818
2 min walk to Likini Street Mini Park
5 min walk to Honolulu Country Club
About lifestyles
Rare Opportunity –40-Unit Apt Bldg in Salt Lake. Attractive 6 story trophy building to add to your investment portfolio! Building is a solid CMU and concrete structure, offering durability & low maintenance. The property features a keyed elevator for added convenience and ample 49 parking stalls. 100% leased but Rents under market with lots of development potential.
20– one bdrm; 20– two bdrm units. All units large in size w/lanais. Mgmt office on ground floor w/full bathroom. Coin operated laundry facility on each floor. Large storage room on pkg level as well as multiple storage rooms throughout building.
Ideally situated near schools, shopping centers, freeway access, & public transportation, ensuring strong tenant demand. Original but maintained property in a high-demand rental market! Sold in Existing AS IS Condition. Buyer to conduct own Due Diligence. Do not disturb tenants, knock on doors nor park on property. Please contact Listor with additional questions. Must sign NDA for financials. Call for Offers Deadline, March 21, 2025, Friday at Noon. PSA must include verification of cash funds &/ Commercial lender preapproval.
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Multi-family details
1971 year built
- Year Built 1971
- Days on market 6
- Price per sqft $321/sqft
-
Address
1055 Ala Napunani Street, Honolulu, HI, 96818
- Frontage Other
- Neighborhood Salt Lake
- Land tenure FS - Fee Simple
- Land SqFt 22,494 sqft
- View Mountain, Other
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$56,086
Taxes
$1,561
HOA dues
$0
Mortgage
Down payment
$2,200,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$56,086 / month
Neighborhood: Salt Lake
Nearby & commute
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
13.5 / 20
Somewhat walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index
Unit Information
40 total units
# of 1 Bd
0
# of 2 Bd
0
# of 3 Bd
0
Total Units
40
Amenities & Features
44 parking places
Stories
4-7
Furnished
Partial
Construction
Concrete, Hollow Tile, Slab
Utilities
Gas, Other, Public Water, Underground Electricity
Property Condition
Above Average
Parking
Assigned, Covered, Open
nr.of parking places
44
Amenities
Resident Manager, Storage, Trash Chute
Income
—
Total Actual Rent
Total Annual Operating Expenses
Total Income
Net Operating Income
Salt Lake prices
Average price $470.51k
Neighborhood average sales price*
$470.51k
Neighborhood median sales price*
$415k
Number or sales*
5
Median sale price KUNAWAI TERRACE*
$378k
*last 6 months
Schools
15 schools with rating up to 9
| School rating | Distance | |
|---|---|---|
| out of 10 |
Moanalua Elementary School
1337 Mahiole St,
Honolulu, HI 96819
Elementary School
|
0.678mi |
| out of 10 |
Moanalua Middle School
1289 Mahiole St,
Honolulu, HI 96819
Middle School
|
0.576mi |
| out of 10 |
Moanalua High School
2825 Ala Ilima St,
Honolulu, HI 96819
High School
|
0.107mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Moanalua Elementary School
1337 Mahiole St,
Honolulu, HI 96819
|
0.678mi |
| out of 10 |
Salt Lake Elementary School
1131 Ala Lilikoi St,
Honolulu, HI 96818
|
0.75mi |
| out of 10 |
Aliamanu Elementary School
3265 Salt Lake Blvd,
Honolulu, HI 96818
|
0.791mi |
| out of 10 |
Major General William R Shafter Elementary School
2 Fort Shafter,
Honolulu, HI 96819
|
0.986mi |
|
Christian Academy
3400 Moanalua Road,
Honolulu, HI 96819
|
1.318mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Moanalua Middle School
1289 Mahiole St,
Honolulu, HI 96819
|
0.576mi |
| out of 10 |
Moanalua Elementary School
1337 Mahiole St,
Honolulu, HI 96819
|
0.678mi |
| out of 10 |
Aliamanu Elementary School
3265 Salt Lake Blvd,
Honolulu, HI 96818
|
0.791mi |
| out of 10 |
Aliamanu Middle School
3271 Salt Lake Boulevard,
Honolulu, HI 96818
|
0.84mi |
|
Christian Academy
3400 Moanalua Road,
Honolulu, HI 96819
|
1.318mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Moanalua High School
2825 Ala Ilima St,
Honolulu, HI 96819
|
0.107mi |
|
Christian Academy
3400 Moanalua Road,
Honolulu, HI 96819
|
1.318mi | |
| out of 10 |
Admiral Arthur W Radford High School
4361 Salt Lake Blvd,
Honolulu, HI 96818
|
1.922mi |
|
Grace Christian Academy
99-833 Iwaena Street,
Aiea, HI 96701
|
1.949mi | |
|
Assets School
1 Ohana Nui Way,
Honolulu, HI 96818
|
2.091mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Tax & MLS details 1055 Ala Napunani Street, Honolulu, HI, 96818
MLS #202506287
Current Property Taxes p/month
$1,561
Assessed Improvement value
$2,299,600
TMK
1-1-1-062-047-0000
Flood Zone
Zone X
Topography
Gentle Slope,Level
Lot Description
Clear
Total Assessed value
$5,361,500
Listed by
Luxury Homes International
(808) 797-3344
(808) 797-3344
MLS #
202506287
Hawaii House tour report for this multi-family home
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Stunning views
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Open floorplan
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Frequently asked questions for 1055 Ala Napunani Street
When was this multi-family home built and last sold?
This house was build in 1971.
What is the full address of this multi-family home?
1055 Ala Napunani Street, Honolulu, HI, 96818.
Are there beaches near 1055 Ala Napunani Street?
No, there aren't.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of Luxury Homes International. Some active listings appearing 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. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.
Listings last updated on March 13, 2025.
Hawaii House Last checked less than a minute ago.
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