1609 ALAPAI ST
Honolulu, HI 96813
- 4 beds
- 2 baths
- 1,364 sqft
- 4,814 sqft lot
- $2,419 per sqft
- 1937 build
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Special A2 zoned development opportunity. Located contiguous to the corner of Alapai/Prospect Sts, this property is being sold together with 1617 Alapai St, MLS # 653418 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.
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Last updated Apr 23, 2024
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MLS# 653515 —
Walk Score®
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/5/22
Jul 5, 2022
|
Sold | HISMLS | $3,300,000 | |
|
3/9/22
Mar 9, 2022
|
Sold Subject To Contingencies | HISMLS | $3,300,000 | |
|
8/21/21
Aug 21, 2021
|
Listed / Active | HISMLS | $3,300,000 |