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1125 Austin Lane, Honolulu, HI 96817
2 min walk to Kanoa Street Mini Park
11 min drive to the beach
6 min drive to Fort Shafter Golf Course
6 min drive to Point Panic
5 min drive to Flies
About lifestyles
Great Investment Opportunity!! This property is strategically and uniquely located for Honolulu's future growth. Conveniently located within walking distance to Tamashiro Market, bus stops, Chinatown, Costco, Honolulu Community College, and the future HART station and Kapalama Canal redevelopment. Enjoy the excellent cash flow from the 10 rental units (3 duplexes and 4 single homes) while waiting for the land value to grow because of the strategic location. Each of the 10 rental units has its own electric meter, water sub-meter, and washer hook-ups (1- 3 bedrooms, 1.5 baths, 1- 3 bedrooms, 1 bath, 4- 2 bedrooms, 1 bath, 4- 1 bedroom, 1 bath).
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Multi-family details
1926 year built
- Year Built 1926
- Year Remodeled 1990
- Original list price $3,180,000
- Days on market 653
- Building type Multi Dwellings
-
Address
1125 Austin Lane, Honolulu, HI, 96817
- Neighborhood Kapalama
- Land tenure FS - Fee Simple
- Land SqFt 11,896 sqft
- View None
Open Houses
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Monthly payment
Calculate your monthly payments
Mortgage
$14,787
Taxes
$417
HOA dues
$0
Mortgage
Down payment
$580,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$14,787 / month
Neighborhood: Kapalama
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
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no data
Local airport
—
no data
17.33 / 20
Very walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index
Unit Information
10 total units
# of 1 Bd
4
# of 2 Bd
4
# of 3 Bd
2
Total Units
10
Amenities & Features
9 parking places
Stories
One
Furnished
Partial
Roof
Composition
Construction
Above Ground, Wood Frame
Utilities
Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone
Property Condition
Fair
Parking
Open, Tandem
nr.of parking places
9
Amenities
None
Income
Net Operating Income: $72,458
Total Actual Rent
$10,820
Total Annual Operating Expenses
$57,386
Total Income
$129,844
Net Operating Income
$72,458
Kapalama prices
Average price $554.5k
Neighborhood average sales price*
$554.5k
Neighborhood median sales price*
$441.33k
Number or sales*
486
Street median sales price*
$467.5k
Median sale price Royal Aloha*
$285k
*last 6 months
Schools
15 schools with rating up to 7
| School rating | Distance | |
|---|---|---|
| out of 10 |
Princess Victoria Kaiulani Elementary School
783 North King St,
Honolulu, HI 96817
Elementary School
|
0.101mi |
|
St. Theresa School
712 North School Street,
Honolulu, HI 96817
Middle School
|
0.408mi | |
|
Damien Memorial School
1401 Houghtailing Street,
Honolulu, HI 96817
High School
|
0.566mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Princess Victoria Kaiulani Elementary School
783 North King St,
Honolulu, HI 96817
|
0.101mi |
| out of 10 |
Princess Miriam K Likelike Elementary School
1618 Palama St,
Honolulu, HI 96817
|
0.264mi |
|
St. Theresa School
712 North School Street,
Honolulu, HI 96817
|
0.408mi | |
| out of 10 |
Lanakila Elementary School
717 North Kuakini St,
Honolulu, HI 96817
|
0.485mi |
| out of 10 |
Kauluwela Elementary School
1486 Aala St,
Honolulu, HI 96817
|
0.505mi |
| School rating | Distance | |
|---|---|---|
|
St. Theresa School
712 North School Street,
Honolulu, HI 96817
|
0.408mi | |
|
Damien Memorial School
1401 Houghtailing Street,
Honolulu, HI 96817
|
0.566mi | |
| out of 10 |
King David Kalakaua Middle School
821 Kalihi St,
Honolulu, HI 96819
|
0.73mi |
|
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd,
Honolulu, HI 96817
|
0.747mi | |
|
Cathedral Catholic Academy
1728 Nuuanu Avenue,
Honolulu, HI 96817
|
0.83mi |
| School rating | Distance | |
|---|---|---|
|
Damien Memorial School
1401 Houghtailing Street,
Honolulu, HI 96817
|
0.566mi | |
| out of 10 |
Governor Wallace Rider Farrington High School
1564 North King St,
Honolulu, HI 96817
|
0.72mi |
|
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd,
Honolulu, HI 96817
|
0.747mi | |
|
Academy Of The Pacific
913 Alewa Drive,
Honolulu, HI 96817
|
0.954mi | |
|
Pacific Buddhist Academy
1710 Pali Highway,
Honolulu, HI 96813
|
1.039mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Expired Jan 13, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jan 13, 2023 | Expired | $2,900,000 | 0 | MLS #202213225 |
| Aug 31, 2022 | Price Decrease | $2,900,000 -6.45% | 0 | MLS #202213225 |
| Jul 20, 2022 | Price Decrease | $3,100,000 -2.52% | 0 | MLS #202213225 |
| Jul 12, 2022 | New Listing | $3,180,000 | 0 | MLS #202213225 |
Tax & MLS details 1125 Austin Lane, Honolulu, HI, 96817
05 - R-5 Residential District zoning / MLS #202213225
Current Property Taxes p/month
$417
Property Tax Year
2021
Assessed Improvement value
$310,900
Assessed Land value
$1,035,000
TMK
1-1-6-001-021-0000
Land Recorded
Regular System
Zoning
05 - R-5 Residential District
Flood Zone
Zone X
Topography
Level
Location
Other
Lot Description
Clear
Property Setbacks
None
Total Assessed value
$1,345,900
Listed by
Arakawa & Associates, LLC
(808) 388-1997
(808) 388-1997
MLS #
202213225
Hawaii House tour report for this multi-family home
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Frequently asked questions for 1125 Austin Lane
When was this multi-family home built and last sold?
This house was build in 1926.
What is the full address of this multi-family home?
1125 Austin Lane, Honolulu, HI, 96817.
Are there beaches near 1125 Austin Lane?
The nearest beach is 1.607 miles away. It should take about 11 min drive.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Arakawa & Associates, LLC. 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 January 12, 2023.
Hawaii House Last checked 1 minute ago.
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