This rare development opportunity at 1632, 1638, and 1644 Young St. offers a level, ready-to-develop site suitable for various uses, such as Bill 7 housing, mixed-use, and medical facilities. Located on the mauka side of Young St. with parcels on all three sides, this property provides excellent potential. The maximum allowable commercial density (FAR) is 0.4 (7,784 sq ft), with a building area of up to 50% of the zoning lot (9,730 sq ft). For structures exceeding 40 feet, additional rear and side setbacks are required, with an additional 1-foot setback for every 10 feet of height. The maximum FAR is 1.4892, providing a potential floor area of 28,979.83 sq ft. Additional features include 10-foot front, side, and rear yards, with allowances for parking lots and garages in the side and rear yards, subject to specific restrictions. Renderings illustrate potential development options. Priced at $7,449,000, this listing is based on the 2018 purchase price, adjusted for property taxes and six years of compounded loan interest, calculated at rates of 4%, 5%, and 6% over successive two-year periods.
Property Details
Property Features
Listing Office:
Office Name: eXp Realty
Office Phone: (808) 725-2794
Agent Phone: (808) 725-2794, (808) 446-9703
Exterior Features
Exterior Information:
View: City, Mountain(s)
Lot Features
Lot Information:
Lot: Cleared, Level
Price Information
Listing Price Info
Price Summary:
List Price: $6,853,080
Tax Information:
Annual Amount: $15,780
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Honolulu, HI.
This property is $6.1M more than the Median Sold Price in Honolulu, HI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: HICMLS
MLS Number: #202424669
Listing Office:
Office Name: eXp Realty
Office Phone: (808) 725-2794
Agent Phone: (808) 725-2794, (808) 446-9703
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2024 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: 12/20/2024, 10:21:07 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
May 27, 2020
May 27, 2020Home Sold
$3,802,800
Jun 15, 2018
Jun 15, 2018Home Sold
$5,300,000
Mar 24, 2015
Mar 24, 2015Home Sold
$4,000,000
Sep 16, 2005
Sep 16, 2005Home Sold
$3,000,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$15,780
$4,508,700
2020
$15,929
$4,551,200
2019
$12,999
$4,041,500
2018
$13,000
$3,714,200
2017
$13,137
$3,753,300
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
King William Lunalilo Elementary School
810 Pumehana St
Distance between this listing and this school0.38 miles
Public District Grades PK-5
3
/10
Queen Kaahumanu Elementary School
1141 Kinau St
Distance between this listing and this school0.68 miles
Public District Grades PK-5
3
/10
Ala Wai Elementary School
503 Kamoku St
Distance between this listing and this school1.01 miles
Public District Grades PK-5
Nearby Schools
8
/10
President George Washington Middle School
1633 S King St
Distance between this listing and this school0.11 miles
Public District Grades 6-8
8
/10
Voyager - a Public Charter School
2428 Wilder Ave
Distance between this listing and this school0.76 miles
Public Charter Grades KG-8
6
/10
Robert Louis Stevenson Middle School
1202 Prospect St
Distance between this listing and this school0.97 miles
Public District Grades 6-8
Nearby Schools
6
/10
University Laboratory School
1776 University Ave Bldg 3
Distance between this listing and this school0.83 miles
Public Charter Grades KG-12
7
/10
President Theodore Roosevelt High School
1120 Nehoa St
Distance between this listing and this school0.90 miles
Public District Grades 9-12
3
/10
President William Mckinley High School
1039 S King St
Distance between this listing and this school0.92 miles
The neighbors living near this home have an average income of $38,431. Residents of Honolulu, HI typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1632 Young St
What is the listing price of this property?
The listing price of 1632 Young St property is $6,853,080.
What type of property is this?
The property 1632 Young St is land located in Honolulu, Hawaii, 96826.
Is this property for sale now?
Active Listing: 1632 Young St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $15,780 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 27, 2020 for $3,802,800. (source: MLS/tax record).
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This home is located at 1632 Young St in Honolulu, HI and zip code 96826 in the McCully / Moiliili neighborhood. It has been listed on Rocket Homes since November 02, 2024 and is currently priced at $6,853,080.
While more than 45 listings in Honolulu, HI in November 2024 were sold above asking price, there were more than 57 listings sold at asking price, and more than 147 were sold below. The number of listings in Honolulu, HI increased by 6.2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $691,200, while the average time on the real estate market was 60 days.
From Rocket Homes Real Estate and based on county public records data.
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