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2842 Kaimuki Ave, Honolulu, HI, 96816
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Unit Information
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2842 Kaimuki Ave, Honolulu, HI 96816

$2,450,000  $200,000 Multi-Family Home active under contract 3,410 sqft Neighborhood:  Kapahulu
< 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 301
  • Building type Multi Dwellings
  • Price per sqft $718/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
$12,492
Taxes
$489
HOA dues
$0
$12,981 per month
Mortgage
Down payment
$490,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $12,492 / month

Neighborhood: Kapahulu

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
15.5 / 20
Very walkable
18-20
15-18
10-15
1-10
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 $653.47k
Neighborhood average sales price*
$653.47k
Neighborhood median sales price*
$652.5k
Number or sales*
12
Street median sales price*
$585k
Median sale price Kahala Towers*
$585k
*last 6 months

Schools

15 schools with rating up to 10
School rating Distance
NR
Aikane O Hokulani
2940 Kamakini St, Honolulu, HI 96816
Elementary School
0.284mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
Middle School
0.323mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
High School
0.158mi
School rating Distance
NR
Aikane O Hokulani
2940 Kamakini St, Honolulu, HI 96816
0.284mi
8
out of 10
Hokulani Elementary School
2940 Kamakini St, Honolulu, HI 96816
0.366mi
5
out of 10
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
0.4mi
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
0.543mi
10
out of 10
Aliiolani Elementary School
1240 7th Ave, Honolulu, HI 96816
0.606mi
School rating Distance
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.323mi
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
0.543mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.586mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.645mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.846mi
School rating Distance
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.158mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.323mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.586mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.645mi
NR
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

Active Under Contract Jan 3, 2024
Date Event Price $/sqft Source
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
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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
MLS #
202310419
Hawaii House tour report for this multi-family home
No reviews yet
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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We do not have a Hawaii House tour report for this listing yet.
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Similar homes nearby 2842 Kaimuki Ave in Kapahulu

Recently sold nearby 2842 Kaimuki Ave in Kapahulu

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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.

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 January 02, 2024.
Hawaii House Last checked less than a minute ago.

Multi-Family Home active under contract $2,450,000  $200,000 2842 Kaimuki Ave, Honolulu, HI, 96816 3,410 sqft Save House Remove from Saved