SOLD 09/23/2022
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2016 Kapiolani Blvd, Honolulu, HI 96826
$4,875,000 $5,500,000
Multi-Family Home
sold
7,656 sqft
Neighborhood:
Moiliili
Sold 09/23/2022
$4,875,000 $5,500,000
1 min walk to Frank C. Judd Mini Park
15 min walk to Duke Paoa Kahanamoku Beach Park
6 min drive to Ala Wai Golf Course
28 min walk to The Wall
17 min walk to Rock Piles
About lifestyles
Location, location, location: blocks from Ala Moana, UH Manoa, and Waikiki, Don’t miss this once in a lifetime opportunity to own a super desirable, centrally located, two- building property with 22 units. Unit mix: 10 studios and 12 one-bedrooms with a shared driveway to be sold as a package with 2 identical buildings with TWO TMKs on Kapiolani Blvd: 1-2-7-003-006 & 1-2-7-003-061 each consisting of 5,000sf lots with interiors of 3,828sf each. Separately metered electricity, and gas and two water meters. Value-add opportunity with excellent potential upside as rents are below market with some vacant units. Financials show noted here are pro forma ONLY. To be sold as is, where is.
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Multi-family details
1958 year built
- Year Built 1958
- Original list price $5,500,000
- Days on market 103
- Building type Apartments,Multi Dwellings
- Price per sqft $637/sqft
-
Address
2016 Kapiolani Blvd, Honolulu, HI, 96826
- Frontage Other
- Neighborhood Moiliili
- Land tenure FS - Fee Simple
- Land SqFt 10,000 sqft
- View None
- Virtual Tour View (external link)
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$24,857
Taxes
$9,238
HOA dues
$0
Mortgage
Down payment
$975,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$24,857 / month
Neighborhood: Moiliili
Nearby & commute
Walkability
Coffee shops
—
no data
Bus stop
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no data
Supermarket
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no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
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no data
Elementary school
—
no data
Middle school
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no data
High school
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no data
Local airport
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no data
13.33 / 20
Somewhat 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
22 total units
# of 1 Bd
12
# of 2 Bd
0
# of 3 Bd
0
Total Units
22
Amenities & Features
6 parking places
Stories
Two
Furnished
Partial
Roof
Custom/Specialty
Construction
Brick, Masonry/Stucco
Utilities
Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Property Condition
Needs Major Repair
Parking
Open
nr.of parking places
6
Amenities
None
Income
Net Operating Income: $283,206
Total Actual Rent
$30,725
Total Annual Operating Expenses
$92,694
Total Income
$375,900
Net Operating Income
$283,206
Moiliili prices
Average price $958.33k
Neighborhood average sales price*
$958.33k
Neighborhood median sales price*
$890k
Number or sales*
3
*last 6 months
Schools
15 schools with rating up to 6
| School rating | Distance | |
|---|---|---|
| out of 10 |
King William Lunalilo Elementary School
810 Pumehana St,
Honolulu, HI 96826
Elementary School
|
0.204mi |
| out of 10 |
President George Washington Middle School
1633 South King St,
Honolulu, HI 96826
Middle School
|
0.525mi |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
High School
|
0.618mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
King William Lunalilo Elementary School
810 Pumehana St,
Honolulu, HI 96826
|
0.204mi |
| out of 10 |
Ala Wai Elementary School
503 Kamoku St,
Honolulu, HI 96826
|
0.433mi |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.618mi | |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
0.725mi | |
|
Maryknoll Grade School
1722 Dole Street,
Honolulu, HI 96822
|
0.774mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
President George Washington Middle School
1633 South King St,
Honolulu, HI 96826
|
0.525mi |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.618mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.679mi | |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
0.725mi | |
|
Maryknoll Grade School
1722 Dole Street,
Honolulu, HI 96822
|
0.774mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.618mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.679mi | |
|
Maryknoll Grade School
1722 Dole Street,
Honolulu, HI 96822
|
0.774mi | |
|
Lutheran High School Of Hawaii
1404 University Avenue,
Honolulu, HI 96822
|
0.787mi | |
|
Maryknoll School
1526 Alexander Street,
Honolulu, HI 96822
|
0.792mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Sep 23, 2022
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Sep 23, 2022 | Sold | $4,875,000 | $636.76 | Public Record |
| Aug 24, 2022 | In Escrow - not showing | $5,500,000 | $718.39 | MLS #202211079 |
| Jun 27, 2022 | Under contract | $5,500,000 | $718.39 | MLS #202211079 |
| Jun 13, 2022 | New Listing | $5,500,000 | $718.39 | MLS #202211079 |
Tax & MLS details 2016 Kapiolani Blvd, Honolulu, HI, 96826
12 - A-2 Medium Density Apartme zoning / MLS #202211079
Current Property Taxes p/month
$9,238
Property Tax Year
2022
Assessed Improvement value
$315,000
Assessed Land value
$2,400,000
TMK
1-2-7-003-006-0000
Land Recorded
Land Court
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone AO
Topography
Level
Location
Inside
Lot Description
Clear
Property Setbacks
C&C
Total Assessed value
$2,715,000
Listed by
Commercial Inv. Strategies
(808) 429-1098
(808) 429-1098
MLS #
202211079
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 2016 Kapiolani Blvd
When was this multi-family home built and last sold?
This house was build in 1958 and sold in 2022.
What is the full address of this multi-family home?
2016 Kapiolani Blvd, Honolulu, HI, 96826.
Are there beaches near 2016 Kapiolani Blvd?
The nearest beach is 0.713 miles away, called Duke Paoa Kahanamoku Beach Park. It should take about 15 min walk.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Commercial Inv. Strategies. 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 September 22, 2022.
Hawaii House Last checked 1 minute ago.
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