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2424 Koa Ave, Honolulu, HI, 96815
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2424 Koa Ave, Honolulu, HI 96815

$7,500,000 Multi-Family Home sold 20,151 sqft Neighborhood:  Waikiki Sold 11/04/2005 $7,500,000
1 min walk to Princess Kaiulani Triangle
2 min walk to Waikiki Beach
3 min walk to Queens
About lifestyles
WAIKIKI HANA HOTEL. Excellent location next to Hyatt Waikiki and 1 short block to famed Waikiki Beach. Hotel includes lobby, front desk/office, restaurant & 14 basement parking. Income/expense based upon pro forma. Actual improved area may differ. Excel. investement opportunity & reposition. DO NOT DISTURB HOTEL OR RESTAURANT OPERATIONS. Buyer to cooperate with 1031 exchange.
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Multi-family details

1968 year built
  • Year Built 1968
  • Year Remodeled 1985
  • Original list price $7,500,000
  • Days on market 183
  • Building type Other
  • Price per sqft $372/sqft
  • Address

    2424 Koa Ave, Honolulu, HI, 96815

  • Frontage Other
  • Neighborhood Waikiki
  • Land tenure FS - Fee Simple
  • Land SqFt 8,276 sqft
  • View City, Other

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$38,241
Taxes
$47,278
HOA dues
$0
$85,519 per month
Mortgage
Down payment
$1,500,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $38,241 / month

Neighborhood: Waikiki

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
15 / 20
Very walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

73 total units
# of 1 Bd
0
# of 2 Bd
0
# of 3 Bd
0
Total Units
73

Amenities & Features

14 parking places
Stories
8-14
Roof
Other
Construction
Brick
Property Condition
Fair
Parking
Covered
nr.of parking places
14
Amenities
A/C

Income

Net Operating Income: $421,000
Total Actual Rent
$680,900
Total Annual Operating Expenses
$260,200
Total Income
$680,900
Net Operating Income
$421,000

Waikiki prices

Average price $482.37k
Neighborhood average sales price*
$482.37k
Neighborhood median sales price*
$332.5k
Number or sales*
26
Street median sales price*
$155k
*last 6 months

About Waikiki

Waikiki Condos & neighborhood info When it comes to finding a home in a lively, picturesque setting, it's hard to beat the allure of Waikiki condos. Situated along the stunning shores of Oahu, Waikiki is a bustling neighborhood in Honolulu that boasts Read more

Schools

15 schools with rating up to 7
School rating Distance
7
out of 10
President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
Elementary School
0.377mi
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
Middle School
0.5mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
High School
0.573mi
School rating Distance
7
out of 10
President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
0.377mi
NR
Jefferson School Orthopedic Unit
324 Kapahulu Ave, Honolulu, HI 96815
0.478mi
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
0.5mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.573mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.604mi
School rating Distance
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
0.5mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.573mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.604mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
1.078mi
NR
La Pietra Hawaii School For Girls
2933 Poni Moi Road, Honolulu, HI 96815
1.175mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.573mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.604mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.866mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
1.078mi
NR
La Pietra Hawaii School For Girls
2933 Poni Moi Road, Honolulu, HI 96815
1.175mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Nov 4, 2005
Date Event Price $/sqft Source
Nov 4, 2005 Sold $7,500,000 $372.19 Public Record
Nov 4, 2005 Sold $7,500,000 $372.19 Public Record
Jul 28, 2005 In Escrow - not showing $7,500,000 $372.19 MLS #2506986
Jul 28, 2005 In Escrow - not showing $7,500,000 $372.19 MLS #2506988
Jun 16, 2005 Under contract $7,500,000 $372.19 MLS #2506986
Jun 16, 2005 Under contract $7,500,000 $372.19 MLS #2506988
May 9, 2005 In Escrow - not showing $7,500,000 $372.19 MLS #2506986
May 9, 2005 In Escrow - not showing $7,500,000 $372.19 MLS #2506988
May 7, 2005 New Listing $7,500,000 $372.19 MLS #2506988
May 7, 2005 New Listing $7,500,000 $372.19 MLS #2506986
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Tax & MLS details 2424 Koa Ave, Honolulu, HI, 96815

X6 - Resort Hotel Precinct zoning / MLS #2506988
Current Property Taxes p/month
$47,278
Property Tax Year
2005
Assessed Improvement value
$2,235,900
Assessed Land value
$1,980,000
TMK
1-2-6-023-039-0000
Land Recorded
Dual Systems
Zoning
X6 - Resort Hotel Precinct
Flood Zone
Zone X
Property Setbacks
C&C, Of Record, Special
Total Assessed value
$4,215,900
Listed by
Pacific Acquisitions, Ltd.
MLS #
2506988
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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Similar homes nearby 2424 Koa Ave in Waikiki

Recently sold nearby 2424 Koa Ave in Waikiki

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Frequently asked questions for 2424 Koa Ave

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

This house was build in 1968 and sold in 2005.

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

2424 Koa Ave, Honolulu, HI, 96815.

Are there beaches near 2424 Koa Ave?

The nearest beach is 0.102 miles away, called Waikiki Beach. It should take about 2 min walk.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Pacific Acquisitions, Ltd.. 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 May 17, 2007.
Hawaii House Last checked less than a minute ago.

Multi-Family Home sold $7,500,000 2424 Koa Ave, Honolulu, HI, 96815 20,151 sqft Save House Remove from Saved