1055 Ala Napunani Street Honolulu, HI 96818

Single Family Attached MLS #: 202506287 Courtesy Of Luxury Homes International

$11,000,000

0.52 acres
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Est. Property Tax: $18,734
Estimated monthly payments: $49,646/mo.* (recalculate)

Property InformationDescription

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.

Features

  • Age: Over 50 Years Old
  • Appliances: Dryer
  • Architecture Style: Other
  • Exterior Type: Concrete
  • Lot Size: 0.52 Acres
  • View Type: Mountain

MAP & DIRECTIONS

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1055 Ala Napunani Street, Honolulu, HI 96818
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School Information

1055 Ala Napunani Street, Honolulu, HI 96818

Elementary School
Grades PK-12 | Public School
ANUENUE SCHOOL
Honolulu, HI 96816
2528 10th Ave
808.­733.8465
Distance: 7.8 mi
School Rating
B
Student:Teacher Ratio
16:1
Total Students
507
Elementary School
Grades PK-6 | Public School
MOANALUA ELEMENTARY SCHOOL
Honolulu, HI 96819
1337 Mahiole St
808.­831.7878
Distance: 0.7 mi
School Rating
A-
Student:Teacher Ratio
18:1
Total Students
623
Middle School
Grades 7-8 | Public School
MOANALUA MIDDLE SCHOOL
Honolulu, HI 96819
1289 Mahiole St
808.­831.7850
Distance: 0.6 mi
School Rating
B
Student:Teacher Ratio
16:1
Total Students
777
High School
Grades 9-12 | Public School
MOANALUA HIGH SCHOOL
Honolulu, HI 96818
2825 Ala Ilima St
808.­837.8455
Distance: 0.2 mi
School Rating
A-
Student:Teacher Ratio
17:1
Total Students
2013
Other Nearby Schools Distance Type Grades School Rating
Salt Lake Elementary School 0.7 mi Public PK-6 A+
Aliamanu Elementary School 0.8 mi Public PK-6 A-
Aliamanu Middle School 0.9 mi Public 7-8 C-
Major General William R Shafter Elementary School 1.1 mi Public PK-6 A-
Christian Academy 1.3 mi Private PK-12
Mayor Joseph J Fern Elementary School 1.4 mi Public PK-5 B-
Red Hill Elementary School 1.5 mi Public PK-6 A
Linapuni Elementary School 1.7 mi Public PK-1
Puuhale Elementary School 1.7 mi Public PK-5 C
Pearl Harbor Elementary School 1.8 mi Public PK-6 B+
Kalihi Waena Elementary School 1.8 mi Public PK-5 B
Admiral Arthur W Radford High School 1.9 mi Public 9-12 A
Holy Family Catholic Academy 1.9 mi Private PK-8
Navy Hale Keiki School 2.0 mi Private PK-5
Makalapa Elementary School 2.0 mi Public PK-6 C
Governor Sanford B Dole Middle School 2.1 mi Public 6-8 D+
Kalihi Kai Elementary School 2.1 mi Public PK-5 B+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Honolulu, HI 96818

Median Age: 36
Married: 62%
Number of Households: 16,878
Households with Children: 42.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Honolulu Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.