Backup offers
$10,000 Closing Credit¹
#202501542, Listing Office: Commercial Inv. Strategies
$10,000
closing credit¹
1420 Ward Ave Honolulu, HI 96822
$2,250,000 List price
$10,000
Closing credit¹
Multi-Family
Property details
About 1420 Ward Ave
PRICE IMPROVEMENT! Prime investment opportunity - proforma 6.26% cap rate! This predominantly concrete 9-unit multifamily property is excellently located on Ward Ave. in the heart of Punchbowl. Unbeatable convenience with immediate access to H1 in both directions and a short distance to the vibrant dining and shopping hubs of Kakaako and Ala Moana Shopping Center. Downtown Honolulu is just 1.5 miles away. This property has under-market rents and month-to-month tenants, offering significant upside potential. Units are in classic condition, allowing a new owner to complete a value-add campaign and boost returns even further. The property includes a spacious, fenced grassy area in the back and an area for a community garden between the buildings. Individually metered for electricity and eligible for Bill 7 development. Please do not go on the property without the listing agent. Sale is subject to 1031 exchange.
Highlights
Home typeMulti Family
StatusActive
Year built1957
ParkingAssigned, Covered
MLS #202421951
ViewOther
Summary
- MLS Number: 202421951
- MLS Name: HICMLS
- Office Name: Standard Management LLC
- Office Phone: (808) 208-8107
- Agent Phone: (808) 208-8107
- Agent Email: mike@standardcommercial.com
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.
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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 3:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,250,000
1420 Ward Ave
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,412,600 | $4,937 |
| 2023 | $1,410,600 | $4,511 |
| 2022 | $1,289,100 | $4,511 |
| 2021 | $1,378,000 | $4,823 |
| 2020 | $1,402,200 | $4,907 |
| 2019 | $1,265,900 | $4,138 |
| 2018 | $1,182,500 | $4,138 |
| 2017 | $1,132,800 | $3,964 |
History based on county public records data.
Nearby schools
3
Queen Kaahumanu Elementary School
Public District PK-5
0.4 mi
•1141 Kinau St
3
Royal Elementary School
Public District PK-5
0.5 mi
•1519 Queen Emma St
8
President Abraham Lincoln Elementary School
Public District PK-5
0.7 mi
•615 Auwaiolimu St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,174. Most Honolulu, HI residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
34%
<35k
46%
35k-100k
18%
100k-200k
2%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
65%
Single, No Kids
4%
Single, with Kids
23%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
3%
12-17 yrs old
21%
18-34 yrs old
47%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Live Theatre
Hiking/backpacking
Where do the neighbors shop?
IKEA
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
Quiznos
Boston Market
Starbucks
What do the neighbors drive?
Lexus
Mercedes
Audi
What do the neighbors listen to?
Soft Adult Contemporary
News- Alternative
All data provided by Home Junction and Claritas
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This home is located at 1420 Ward Ave in Honolulu, HI and zip code 96822 in the Makiki / Lower Punchbowl / Tantalu neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $2,250,000.
In January 2025, from all listings sold in Honolulu, HI there were more than 30 sold above asking price, over 136 sold below and more than 48 were sold right at the asked price. In January 2025 in Honolulu, HI there were 15.5% more homes for sale than in December. In January 2025 median list price was $695,876 and the average listing age was 61 days.
From Rocket Homes Real Estate and based on county public records data.