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Presented by: Rein Hollar Realty Powered by Highrises

540 Iolani Ave, Honolulu, HI 96813 listing image 1

For Sale

$4,500,000

540 Iolani Ave, Honolulu, HI 96813

-Bed
-Bath
8784SqFt

-Bed
-Bath
8784SqFt

Property Type
Condo
Year Built
1957
Price per Sqft
$512
On highrises
46 Days

Property Details

Two story walk up apartment building. It will require some repair but is in excellent location.

Property Features

Bathrooms

Total Bathrooms: 0

Interior Features

Furnished Description: Unfurnished

Land Info

Lot Description: Corner Lot, Irregular Lot
Lot Size Acres: 0.2653811
Topography: Sloping
Lot Size Square Feet: 11560

Garage and Parking

Parking Features: Assigned
Parking Total: 6

Home Features

View: City, Ocean

Homeowners Association

Association Fee Frequency: Monthly
Association Fee 2 Frequency: Monthly

Multi-Unit Info

Number of Units: 18

Rental Info

Tenant Pays: Parking Fee

Other Property Info

Annual Tax Amount: 8052.00
Source Listing Status: Active Under Contract
County: Oahu
Source Property Type: Residential
Area: Metro
Property Subtype: condo
Source Neighborhood: PUNCHBOWL AREA
Parcel Number: 1-2-2-004-058-0000
Postal City: Honolulu
Subdivision: PUNCHBOWL AREA
Zoning Description: 12 - A-2 Medium Density Apartme
Property Subtype: Multi Family
Source System Name: C2C

Commercial Info

Net Operating Income: 134200
Operating Expense: 125000
Operating Expense Includes: Insurance, Manager, Maintenance, Real Estate Tax

Building and Construction

Year Built: 1957
Building Area Total: 8784
Construction Materials: Double Wall, Hollow Tile, Masonry, Stucco
Levels: Two
Property Age: 68
Property Condition: Repairs Major
Levels or Stories: 2
Structure Type: Apartment
Total Area Sqft: 8784

Utilities

Sewer: Connected
Above Ground Utilities
Electricity Available
High Speed Internet Available
Phone Available
Water Available
Sewer Connected
Water Source: Public

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
07/26/2025	Listed	$4,500,000	$512	HiCentral
04/07/2006	Sold	$3,000,000	$342	Public Record
12/28/2000	Sold	$840,000	$96	Public Record
03/08/1988	Sold	$375,900	$43	Public Record
03/01/1988	Sold	$500,000	$57	Public Record

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2024	$8,050	$2,035,600	+	$258,900	=	$2,294,500
2023	$8,022	$2,035,600	+	$256,500	=	$2,292,100
2022	$8,157	$1,884,800	+	$445,800	=	$2,330,600
2021	$7,878	$1,790,600	+	$460,500	=	$2,251,100
2020	$8,380	$1,884,800	+	$509,500	=	$2,394,300
2019	$7,772	$1,696,300	+	$524,500	=	$2,220,800
2018	$7,232	$1,555,000	+	$511,400	=	$2,066,400

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
555 South St Apt 3405	$1.4M	3	2	1393	1393
1088 Bishop St Apt 3706	$628K	1	1	798	798
1088 Bishop St Apt 2006	$598K	1	1	798	798
1200 Queen Emma St Apt 1706	$855K	2	2	1068	1068
1200 Queen Emma St Apt 3901	$1.1M	2	2	1268	1268
1200 Queen Emma St Apt 3411	$999K	2	2	1268	1268

Presented by:
Reinhardt Hollar
state license#RB-21575

Brokered by:
Rein Hollar Realty
(808) 216-7300

Broker Location:

KANEOHE

Data Source:

HiCentral

Source's Property ID:

202516843

Data Source Copyright:

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$4,500,000

540 Iolani Ave, Honolulu, HI 96813

Property Details

Property Features

Bathrooms

Property History

Neighborhood

Environmental Risk

Nearby Home Values

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