SOLD 03/25/2024
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2842 Kaimuki Ave, Honolulu, HI 96816
$2,300,000 $2,450,000
Multi-Family Home
sold
3,410 sqft
Neighborhood:
Kapahulu
Sold 03/25/2024
$2,300,000 $2,450,000
< 1 min walk to Crane Community Park
4 min drive to Waikiki Beach
23 min walk to Ala Wai Golf Course
26 min walk to The Wall
27 min walk to Graveyards
About lifestyles
Rare opportunity with great cash flow. Proforma 6.12% cap rate. Call Listor for financials. 23 room dormitory complex in convenient location off of Kapahulu Avenue. 22 partially furnished rooms each with sink, microwave, small refrigerator, window A/C and bed that share 4 full bathrooms. One studio unit with full kitchen above parking area with full bath. One electrical, water and gas (water heater) meters for the entire complex. Secured, gated entry with lush landscaping and picnic area for tenants with gas BBQ grill. Coin-operated washer and dryer machines. Wi-Fi provided for Tenants.
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Multi-family details
1967 year built
- Year Built 1967
- Year Remodeled 2006
- Original list price $2,650,000
- Days on market 323
- Building type Multi Dwellings
- Price per sqft $674/sqft
-
Address
2842 Kaimuki Ave, Honolulu, HI, 96816
- Frontage Other
- Neighborhood Kapahulu
- Land tenure FS - Fee Simple
- Land SqFt 5,524 sqft
- View City, Other
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$11,728
Taxes
$489
HOA dues
$0
Mortgage
Down payment
$460,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$11,728 / month
Neighborhood: Kapahulu
Nearby & commute
Walkability
Coffee shops
—
no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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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
15.5 / 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
23 total units
# of 1 Bd
0
# of 2 Bd
0
# of 3 Bd
0
Total Units
23
Amenities & Features
4 parking places
Stories
Two
Furnished
Partial
Roof
Composition
Construction
Hollow Tile, Wood Frame
Utilities
Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee
Property Condition
Above Average
Parking
Assigned, Covered
nr.of parking places
4
Amenities
A/C
Income
Net Operating Income: $145,873
Total Actual Rent
$18,920
Total Annual Operating Expenses
$88,167
Total Income
$234,040
Net Operating Income
$145,873
Kapahulu prices
Average price $617.37k
Neighborhood average sales price*
$617.37k
Neighborhood median sales price*
$450k
Number or sales*
41
*last 6 months
Schools
15 schools with rating up to 10
| School rating | Distance | |
|---|---|---|
|
Aikane O Hokulani
2940 Kamakini St,
Honolulu, HI 96816
Elementary School
|
0.284mi | |
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
Middle School
|
0.323mi | |
| out of 10 |
Kaimuki High School
2705 Kaimuki Ave,
Honolulu, HI 96816
High School
|
0.158mi |
| School rating | Distance | |
|---|---|---|
|
Aikane O Hokulani
2940 Kamakini St,
Honolulu, HI 96816
|
0.284mi | |
| out of 10 |
Hokulani Elementary School
2940 Kamakini St,
Honolulu, HI 96816
|
0.366mi |
| out of 10 |
Prince Jonah Kuhio Elementary School
2759 South King St,
Honolulu, HI 96826
|
0.4mi |
|
St Patrick School
3320 Harding Avenue,
Honolulu, HI 96816
|
0.543mi | |
| out of 10 |
Aliiolani Elementary School
1240 7th Ave,
Honolulu, HI 96816
|
0.606mi |
| School rating | Distance | |
|---|---|---|
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
|
0.323mi | |
|
St Patrick School
3320 Harding Avenue,
Honolulu, HI 96816
|
0.543mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.586mi | |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.645mi | |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
0.846mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kaimuki High School
2705 Kaimuki Ave,
Honolulu, HI 96816
|
0.158mi |
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
|
0.323mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.586mi | |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.645mi | |
|
Lutheran High School Of Hawaii
1404 University Avenue,
Honolulu, HI 96822
|
0.798mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Mar 25, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 25, 2024 | Sold | $2,300,000 | $674.49 | Public Record |
| Jan 3, 2024 | Active Under Contract | $2,450,000 | $718.48 | MLS #202310419 |
| Oct 18, 2023 | Price Decrease | $2,450,000 -7.55% | $718.48 | MLS #202310419 |
| May 8, 2023 | New Listing | $2,650,000 | $777.13 | MLS #202310419 |
Tax & MLS details 2842 Kaimuki Ave, Honolulu, HI, 96816
12 - A-2 Medium Density Apartme zoning / MLS #202310419
Current Property Taxes p/month
$489
Property Tax Year
2023
Assessed Improvement value
$274,300
Assessed Land value
$1,400,600
TMK
1-2-7-030-027-0000
Land Recorded
Land Court
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Topography
Level
Location
Other
Lot Description
Clear
Property Setbacks
C&C
Total Assessed value
$1,674,900
Listed by
Marcus Realty
(808) 839-7446
(808) 839-7446
MLS #
202310419
Hawaii House tour report for this multi-family home
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Stunning views
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Frequently asked questions for 2842 Kaimuki Ave
When was this multi-family home built and last sold?
This house was build in 1967 and sold in 2024.
What is the full address of this multi-family home?
2842 Kaimuki Ave, Honolulu, HI, 96816.
Are there beaches near 2842 Kaimuki Ave?
The nearest beach is 1.081 miles away, called Waikiki Beach. It should take about 4 min drive.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Marcus Realty. 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 March 25, 2024.
Hawaii House Last checked less than a minute ago.
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