Bought with Five Star Realty, Inc.
$1,450,000
$1,250,000
16.0%For more information regarding the value of a property, please contact us for a free consultation.
507 Hiram LN Honolulu, HI 96817
Key Details
Sold Price $1,450,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Liliha
MLS Listing ID 202514318
Sold Date 09/08/25
Construction Status Average Condition
HOA Y/N No
Year Built 1923
Annual Tax Amount $15,855
Tax Year 2024
Property Sub-Type Multi Family
Property Description
TAKE A CLOSER LOOK — RARE FIND IN LILIHA! Tucked away on Hiram Lane just off Liliha Street, this unique B-2 zoned
property offers a tremendous investment opportunity with two TMKs sold together (TMK: 1-1-7-033-046 & 1-1-7-033-047). This multi-unit property features two buildings: Building 1: Four 2-bedroom, 1-bath units. Building 2: Three 2-bedroom, 1-bath units + One 1-bedroom, 1-bath unit. With B-2 zoning and City & County Ordinance 25-2 allowing multi-unit dwellings in B-1 and B-2 zones with commercial space, the potential here is undeniable. While the buildings are in need of updating, this is a perfect opportunity for
a visionary developer or investor to transform a diamond in the rough. Let's talk details—call today to schedule a private showing!
Location
State HI
County Oahu
Area Metro
Interior
Furnishings Partially
Fireplace No
Laundry Coin-operated
Exterior
Parking Features Open
Community Features None
Utilities Available Above Ground Utilities, Cable Available, Electricity Available, Phone Available, Water Available, Sewer Connected
View Y/N No
View None
Roof Type Other
Total Parking Spaces 4
Building
Lot Description Cleared, Cul-De-Sac, Interior Lot, Level
Entry Level Two
Sewer Connected
Water Public
Level or Stories Two
Construction Status Average Condition
Others
Tax ID 1-1-7-033-047-0000
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition None
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
NEARBY SCHOOLS & BUSINESSES