Hawaii House
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2304 Kapiolani Blvd, Honolulu, HI 96826

Multi-Family · Sold · Sold 01/22/2015 $3,900,000 $3,950,000

Fantastic opportunity for the right buyer! Over 14,000 sf of apt-zoned property at corner of Kapiolani & Hoawa near Isenberg. Keep for income or redevelop to its full potential! 20 two-bdrm units are currently at below-market rents, so there is upside to renovate and increase rental income. Actual property sft info may differ from tax records. Sold As-Is. Please do not disturb tenants.
Details
  • Original list price$4,900,000
  • Days on market167
  • Building typeApartments
  • Address

    2304 Kapiolani Blvd, Honolulu, HI, 96826

  • Year Built1958
  • FrontageOther
  • NeighborhoodMoiliili
  • Land tenureFS - Fee Simple
  • Land SqFt14607 sqft
  • ViewNone
  • Listed byHawaii 5-0 Properties, Inc.
Unit Information
  • # of 1 Bd0
  • # of 2 Bd20
  • # of 3 Bd0
  • Total Units20
Amenities & Features
  • StoriesTwo
  • FurnishedPartial
  • RoofAluminum/Steel
  • ConstructionAbove Ground, Hollow Tile, Single Wall, Slab, Wood Frame
  • UtilitiesOverhead Electricity, Public Water
  • Property ConditionAverage
  • ParkingOpen, Unassigned
  • nr.of parking places10
  • AmenitiesNone
Income
  • Total Actual Rent
  • Total Annual Operating Expenses$109,400
  • Total Income$260,000
  • Net Operating Income$150,600
Schools
School ratingDistance
3
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
Elementary School
0.245mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
Middle School
0.399mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
High School
0.399mi
School ratingDistance
3
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
0.245mi
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
0.39mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.399mi
7
out of 10
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
0.563mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.635mi
School ratingDistance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.399mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.505mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.635mi
5
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.711mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.793mi
School ratingDistance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.399mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.505mi
NR
Lutheran High School Of Hawaii
1404 University Avenue, Honolulu, HI 96822
0.681mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.782mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.793mi
Data provided by Greatschools.org
Neighborhood - Moiliili
  • Neighborhood average sales price*$740.6k
  • Neighborhood median sales price*$400k
  • Number or sales*81
  • Street median sales price*$460k
Price history
Date Event Price $/sqft Source
Jan 22, 2015 Sold $3,900,000 0 Public Record
Nov 26, 2014 In Escrow - still showing $3,950,000 0 MLS 201416362
Nov 21, 2014 Price Decrease $3,950,000 -19.39% 0 MLS 201416362
Aug 9, 2014 New Listing $4,900,000 0 MLS 201416362
Sep 8, 2000 Expired $1,800,000 0 MLS 9906535
Sep 21, 1999 New Listing $1,800,000 0 MLS 9906535
Taxes
  • Current Property Taxes p/month$808
  • Property Tax Year2013
  • Assessed Improvement value$578,400
  • Assessed Land value$2,191,100
  • MLS #201416362
  • TMK1-2-7-005-036-0000
  • Land RecordedDual Systems
  • Zoning12 - A-2 M
  • TopographyLevel
  • LocationCorner
  • Lot DescriptionIrregular
  • Property SetbacksOf Record
  • Total Assessed value$2,769,500
Agent viewpoints   of 2304 Kapiolani Blvd, Honolulu, HI, 96826
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

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Hawaii House
Multi-Family Sold $3,900,000 $3,950,000 2304 Kapiolani Blvd, Honolulu, HI, 96826 Remove from Saved Save House