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1003 3rd Ave, Honolulu, HI, 96816
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1003 3rd Ave, Honolulu, HI 96816

$3,380,000 Multi-Family Home cancelled 0 sqft Neighborhood:  Kaimuki
5 min walk to Crane Community Park
5 min drive to Waikiki Beach
24 min walk to Ala Wai Golf Course
27 min walk to The Wall
27 min walk to Graveyards
About lifestyles
Investor's gem in the highly desired Kaimuki area. Rare opportunity with a lot size at 15,600 sq. ft. in a R-3.5 zone. Property currently has a total of 12 rental units (7 Studios, 4 One Bedrooms, 1 Two Bedroom). 5 separate structures on a corner block of your own stretching from 3rd Ave to Palima Pl., across Pahoa Ave. Property has 11 individual electric meters, 11 individual gas meters, and 2 water meters. Conveniently located near freeway on/off ramps, handful of restaurants and businesses on Waialae Ave. & Kapahulu Ave, Market City Shopping Center, Kapahulu Shopping Center, Waikiki. Buyers to do their own due diligence. Photos with outlines are only for general guidelines and do not depict actual lot boundaries. ALL SHOWINGS ARE BY APPOINTMENTS ONLY, PLEASE DO NOT ENTER THE PREMISES AND DISTURB THE TENANTS.
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Multi-family details

1941 year built
  • Year Built 1941
  • Original list price $3,380,000
  • Days on market 217
  • Building type Multi Dwellings
  • Address

    1003 3rd Ave, Honolulu, HI, 96816

  • Neighborhood Kaimuki
  • Land tenure FS - Fee Simple
  • Land SqFt 15,600 sqft
  • View City, Other

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$17,234
Taxes
$862
HOA dues
$0
$18,096 per month
Mortgage
Down payment
$676,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $17,234 / month

Neighborhood: Kaimuki

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
16 / 20
Very walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

12 total units
# of 1 Bd
4
# of 2 Bd
1
# of 3 Bd
0
Total Units
12

Amenities & Features

12 parking places
Stories
One, Two
Furnished
Partial
Roof
Asphalt Shingle, Other
Construction
Single Wall
Utilities
Gas, Public Water
Property Condition
Average
Parking
Open
nr.of parking places
12
Amenities
None

Income

Net Operating Income: $158,010
Total Actual Rent
$16,075
Total Annual Operating Expenses
$34,890
Total Income
$192,900
Net Operating Income
$158,010

Kaimuki prices

Average price $603.09k
Neighborhood average sales price*
$603.09k
Neighborhood median sales price*
$549k
Number or sales*
49
Street median sales price*
$524k
*last 6 months

About Kaimuki

The neighborhood of Kaimuki was once the suburbs of Honolulu and is now considered urban. Development  in this neighborhood began in the early 1900's and many of those home that were built before 1930's remain in some form. Then another growth spurt Read more

Schools

15 schools with rating up to 10
School rating Distance
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
Elementary School
0.303mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
Middle School
0.217mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
High School
0.217mi
School rating Distance
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
0.303mi
10
out of 10
Aliiolani Elementary School
1240 7th Ave, Honolulu, HI 96816
0.402mi
NR
Aikane O Hokulani
2940 Kamakini St, Honolulu, HI 96816
0.423mi
8
out of 10
Hokulani Elementary School
2940 Kamakini St, Honolulu, HI 96816
0.488mi
7
out of 10
King Liholiho Elementary School
3430 Maunaloa Ave, Honolulu, HI 96816
0.507mi
School rating Distance
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.217mi
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
0.303mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.828mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.847mi
NR
Kaimuki Christian School
1117 Koko Head Ave, Honolulu, HI 96816
0.852mi
School rating Distance
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.217mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.386mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.828mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.847mi
NR
Kaimuki Christian School
1117 Koko Head Ave, Honolulu, HI 96816
0.852mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Cancelled Apr 5, 2024
Date Event Price $/sqft Source
Apr 5, 2024 Cancelled $3,380,000 0 MLS #202320181
Apr 5, 2024 Back On Market $3,380,000 0 MLS #202320181
Mar 19, 2024 Active Under Contract $3,380,000 0 MLS #202320181
Sep 1, 2023 New Listing $3,380,000 +35.8% 0 MLS #202320181
Jul 18, 2022 Sold $2,488,890 -16.76% from last sold price 0 Public Record
Jul 6, 2022 In Escrow - not showing $2,989,888 0 MLS #202201670
Jun 25, 2022 Back On Market $2,989,888 0 MLS #202201670
Apr 27, 2022 Active Under Contract $2,989,888 0 MLS #202201670
Apr 26, 2022 Price Decrease $2,989,888 -4.44% 0 MLS #202201670
Jan 26, 2022 New Listing $3,128,888 0 MLS #202201670
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Tax & MLS details 1003 3rd Ave, Honolulu, HI, 96816

07 - R-3.5 Residential District zoning / MLS #202320181
Current Property Taxes p/month
$862
Property Tax Year
2023
Assessed Improvement value
$228,200
Assessed Land value
$2,726,500
TMK
1-3-2-010-048-0000
Land Recorded
Regular System
Zoning
07 - R-3.5 Residential District
Flood Zone
Zone X
Topography
Gentle Slope
Location
Corner
Lot Description
Other
Property Setbacks
C&C
Total Assessed value
$2,954,700
Listed by
Five Star Realty, Inc.
(808) 382-6871
MLS #
202320181
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Frequently asked questions for 1003 3rd Ave

When was this multi-family home built and last sold?

This house was build in 1941.

What is the full address of this multi-family home?

1003 3rd Ave, Honolulu, HI, 96816.

Are there beaches near 1003 3rd Ave?

The nearest beach is 1.159 miles away, called Waikiki Beach. It should take about 5 min drive.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Five Star Realty, Inc.. Some 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. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on April 05, 2024.
Hawaii House Last checked 5 minutes ago.

Multi-Family Home cancelled $3,380,000 1003 3rd Ave, Honolulu, HI, 96816 0 sqft Save House Remove from Saved