1617 Alapai Street
Honolulu, HI 96813

Take a Virtual Tour

Listing
Overview

Price: $3,300,000
Area: PUNCHBOWL AREA
Status: Sold

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.

Listing by: Nathalie Mullinix R. U., Inc.

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MLS Entry only. Limited service listing. Solicitation of this listing is strictly prohibited. Please visit https://realtyuniversal.com/purchase-contractinstructions/. Thank you for your cooperation."
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MLS Entry only. Limited service listing. Solicitation of this listing is strictly prohibited. Please visit https://realtyuniversal.com/purchase-contractinstructions/. Thank you for your cooperation.
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)

  • Bedrooms: 8
  • Full Baths: 4
  • Land Area (sf): 5,918
  • Living (sf): 1,637
  • Year Built: 1939

  • Property Condition: Fair
  • Number of Parking Spaces: 4
  • Pool: None
  • Number of Stories: Two
  • View: City,Ocean
  • Listing Office: Nathalie Mullinix R. U., Inc.

  • Land Tenure: FS - Fee Simple

CONTACT US

Marcus Realty

#RB-7120
info@marcushawaii.com
(808)839-7446