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1240 Young Street

Honolulu, HI 96814

– beds
– baths
5,088 sqft
$569 per sqft
1961 build
– on site

COMMERCIAL LISTING. BMX-3 Zoned with residential use exemption makes this property super desirable for its many possible uses. Owners never thought they'd sell, so have kept the building in top shape with low rents to eliminate vacancies. 10 units: 4 ones, 6 twos, 7 parking & 100% occupancy. Super clean, upgraded interiors. All but one unit is renovated. Hollow tile construction, nice private grass yard common area, and excellent location make this property easy to "manage up": charge for parking, install coin laundry, and increase the rent to market rates. All units have laundry hookups; all machines owned by tenants. Buyer to accept existing survey performed by Walter Thompson Inc November 1, 2000.

Listing courtesy of HI_CENTRAL_MLS / Commercial Inv. Strategies

Last checked: Checking… • Last updated Feb 26, 2025 •

MLS# 202505617 —

The Building

Year Built:

1961
Construction Materials:

HollowTile
Structure Type:

Apartment,MultiFamily
Stories:

2
Levels:

Two
Building Area Total:

5088.0
# of Units Total:

10
Year Built:

2024

Interior

Furnished:

Partially
Laundry Features:

InUnit

The Property

Property Type:

Residential
Property Subtype:

MultiFamily
Property Condition:

Excellent
Lot Size Area:

7921.0
Lot Features:

Cleared,InteriorLot,Level
Zoning Description:

33 - BMX-3 Community Business M
Parcel Number:

1-2-4-004-084-0000
Topography:

Level
View:

None
View:

false
Frontage Type:

Other

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

7887.0
Tax Assessed Value:

2493600

Utilities

Utilities:

AboveGroundUtilities,CableAvailable,ElectricityAvailable,HighSpeedInternetAvailable,PhoneAvailable,SewerAvailable,WaterAvailable,SewerConnected
Sewer:

Connected
Water Source:

Public

The Community

Subdivision Name:

MAKIKI AREA
Community Features:

None

Parking

Parking Total:

7.0
Parking Features:

Assigned

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
2/26/25 Feb 26, 2025	Listed / Active	HI_CENTRAL_MLS	$2,900,000

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This multifamily located in South Urban Center, Urban Honolulu, HI 96814 is currently for sale for $2,900,000. 1240 Young Street is a 5,088 square foot multifamily with – beds and – baths that has been on Estately for 7 days. 1240 Young Street is in the South Urban Center neighborhood of Urban Honolulu and has a WalkScore® of 98, making it a walker’s paradise.

Listing Provided Courtesy of Commercial Inv. Strategies

Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd.

The IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Some of the 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.

This site was last updated on 03/05/2025. All properties are subject to prior sale, changes, or withdrawal.