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2521 Kapiolani Blvd, Honolulu, HI 96826

Multi-Family Home sold 2,058 sqft Neighborhood:  Kapiolani Sold 06/21/2021 $1,310,000 $1,425,000
New Price!! The seller is motivated to sell! This turnkey apartment building is perfect for investors and owner-occupants. Well maintained building with two 1/1 units and two 2/1 units with Carport. Amazing location near Freeway, ‘Iolani School, UH Manoa, Waikiki, Ala Moana, Foodland, Safeway, and public bus lines, etc. Exterior painting was completed in 2020! Each unit separately metered for electricity with one water meter for the property. Coin-operated washer and dryer to help offset monthly utility bills. Currently, three units are tenant-occupied with long-term leases for $1300 and $1600. Subject to a 1031 seller reverse exchange. One of the listing agents is related to the seller.
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Multi-family details

1952 year built
Year Built
1952
Year Remodeled
2019
Original list price
$1,525,000
Days on market
146
Building type
Apartments
Price per sqft
$637/sqft
Address

2521 Kapiolani Blvd, Honolulu, HI, 96826

Neighborhood
Kapiolani
Land tenure
FS - Fee Simple
Land SqFt
4,443 sqft
View
None
Listed by
Blue Ribbon Realty Inc
MLS #
202101686

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$4,379
Taxes
$344
HOA dues
$0
$4,723 per month
Mortgage
Down payment
$262,000 / 20%
Interest rate
2.93%
Loan type
30 years
Your amount $4,379 / month

Unit Information

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

Amenities & Features

4 parking places
Stories
Two
Furnished
Partial
Roof
Composition
Construction
Above Ground, Concrete
Utilities
Public Water, Sewer Fee
Property Condition
Above Average
Parking
Covered
nr.of parking places
4
Amenities
None

Income

Total Actual Rent
$4,200
Total Annual Operating Expenses
Total Income
$4,200
Net Operating Income

Neighborhood: Kapiolani

Average price $523.65k
Neighborhood average sales price*
$523.65k
Neighborhood median sales price*
$457.5k
Number or sales*
52
Street median sales price*
$500k
*last 6 months

Schools

15 schools with rating up to 7
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
Elementary School
0.202mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
Middle School
0.202mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
High School
0.202mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.202mi
2
out of 10
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
0.224mi
4
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
0.321mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.594mi
NR
Aikane O Hokulani
2940 Kamakini St, Honolulu, HI 96816
0.651mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.202mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.312mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.594mi
7
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.737mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.866mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.202mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.312mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.401mi
NR
Lutheran High School Of Hawaii
1404 University Avenue, Honolulu, HI 96822
0.598mi
7
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.737mi
Data provided by Greatschools.org

Price history

Sold Jun 21, 2021
Date Event Price $/sqft Source
Jun 21, 2021 Sold $1,310,000 +133.93% from last sold price $636.54 Public Record
Mar 13, 2021 Under contract $1,425,000 $692.42 MLS #202101686
Feb 27, 2021 Price Decrease $1,425,000 -3.39% $692.42 MLS #202101686
Feb 10, 2021 Price Decrease $1,475,000 -3.28% $716.72 MLS #202101686
Jan 27, 2021 New Listing $1,525,000 +172.32% $741.01 MLS #202101686
Nov 19, 2003 Sold $560,000 -1.58% from last sold price $272.11 Public Record
Nov 19, 2003 In Escrow - not showing $569,000 $276.48 MLS #2311095
Sep 25, 2003 Under contract $569,000 $276.48 MLS #2311095
Sep 18, 2003 Back On Market $569,000 $276.48 MLS #2311095
Sep 10, 2003 Under contract $569,000 $276.48 MLS #2311095
Aug 26, 2003 New Listing $569,000 $276.48 MLS #2311095
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Activity

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Tax details 2521 Kapiolani Blvd, Honolulu, HI, 96826

12 - A-2 Medium Density Apartme zoning / MLS #202101686
Current Property Taxes p/month
$344
Property Tax Year
2020
Assessed Improvement value
$134,000
Assessed Land value
$1,044,800
TMK
1-2-7-022-006-0000
Land Recorded
Land Court
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Topography
Level
Lot Description
Irregular
Property Setbacks
None
Total Assessed value
$1,178,800

Hawaii House tour report 2521 Kapiolani Blvd, Honolulu, HI, 96826

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Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.Listings last updated on 06-23-2021. Copyright 2021 by HiCentral Mls, Ltd. Listing courtesy of Blue Ribbon 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.

Multi-Family Home sold $1,310,000 $1,425,000 2521 Kapiolani Blvd, Honolulu, HI, 96826 2,058 sqft Save House Remove from Saved