Special A2 zoned development opportunity. Located contiguous to

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Home Off Market

1617 Alapai Street

Honolulu, Hawaii 96813

Island of Oahu Ocean View: Yes

Community: PUNCHBOWL AREA

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$3,300,000 8 br, 4.0 bath 1637 sq. ft. 0.000 acres

Special A2 zoned development opportunity. Located contiguous to the corner of Alapai/Prospect Sts, this property is being sold together with 702 Prospect St MLS # 202121149 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.

Interior:
  • Bedrooms: 8
  • Baths: 4.0
  • Sq Ft: 1637
  • Year Built: 1939
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: Carport
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: City, Ocean
  • Yard: 
  • Siding: 
  • Roof: Asphalt
  • Property Taxes: $348
  • MLS #: 202121143
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Contact Information:
Beach Home Off Market in Honolulu, Hawaii
Ad Number: 1943655
Viewed 70 times.
Updated: Jan 21, 2022

This property is a Home located at 1617 Alapai Street, Honolulu, Hawaii 96813, and is currently Off Market at $3,300,000. This Home has 8 bedrooms, 4.0 baths, 1637 sq ft.

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