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2934 Varsity Circle, Honolulu, HI 96826

Multi-Family Home For sale 3396 sqft $2,250,000  $50,000
Turn Key Cashflow Apartment Building in the University Area. 3 Minute walk to UH Campus, SUPER High Demand rental area due to location to university. Recent upgrades to units include cabs, counters, flooring, fixtures, etc. Building painted / Roof Redone 2 years ago (approximately), Property tented in 2018. Grossing over $10k / mo on actual income. Coin-op laundry onsite. Easy to manage.
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Multi-family details

1954 year built
Original list price
$2,300,000
Days on market
61
Building type
Apartments,Fourplex,Triplex
Price per sqft
$663/sqft
Address

2934 Varsity Circle, Honolulu, HI, 96826

Year Built
1954
Neighborhood
Land tenure
FS - Fee Simple
Land SqFt
5,129 sqft
View
None
Listed by
Apartment Advisors LLC

Open Houses

No upcoming open houses

Unit Information

7 total units
# of 1 Bd
1
# of 2 Bd
4
# of 3 Bd
0
Total Units
7

Amenities & Features

7 parking places
Stories
Two
Furnished
Partial
Roof
Asphalt Shingle
Construction
Concrete, Single Wall, Wood Frame
Utilities
Internet, Overhead Electricity, Public Water, Telephone, Water
Property Condition
Above Average
Parking
Assigned, Covered
nr.of parking places
7
Amenities
None

Income

Net Operating Income: $88,380
Total Actual Rent
$10,275
Total Annual Operating Expenses
$36,360
Total Income
$10,395
Net Operating Income
$88,380

Neighborhood: Moiliili

Average price $439.89k
Neighborhood average sales price*
$439.89k
Neighborhood median sales price*
$355k
Number or sales*
60
Street median sales price*
$1.5m
*last 6 months

Schools

15 schools with rating up to 8
School rating Distance
8
out of 10
Hokulani Elementary School
2940 Kamakini St, Honolulu, HI 96816
Elementary School
0.335mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
Middle School
0.492mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
High School
0.492mi
School rating Distance
8
out of 10
Hokulani Elementary School
2940 Kamakini St, Honolulu, HI 96816
0.335mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.492mi
7
out of 10
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
0.206mi
NR
Aikane O Hokulani
2940 Kamakini St, Honolulu, HI 96816
0.314mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.424mi
School rating Distance
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.492mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.219mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.424mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.61mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.621mi
School rating Distance
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.492mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.369mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.219mi
NR
Lutheran High School Of Hawaii
1404 University Avenue, Honolulu, HI 96822
0.374mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.61mi
Data provided by Greatschools.org

Price history

Price Decrease Jun 12, 2019
Date Event Price $/sqft Source
Jun 12, 2019 Price Decrease $2,250,000 -2.17% $662.54 MLS #201914515
May 21, 2019 New Listing $2,300,000 $677.27 MLS #201914515
Apr 16, 2018 Expired $1,575,000 $463.78 MLS #201722076
Jan 24, 2018 In Escrow - not showing $1,575,000 $463.78 MLS #201722076
Jan 24, 2018 Under contract $1,575,000 $463.78 MLS #201722076
Jan 23, 2018 In Escrow - not showing $1,575,000 $463.78 MLS #201722076
Dec 12, 2017 Back On Market $1,575,000 $463.78 MLS #201722076
Oct 19, 2017 Temporarily Withdrawn $1,575,000 $463.78 MLS #201722076
Oct 19, 2017 New Listing $1,575,000 $463.78 MLS #201722076
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Tax details of 2934 Varsity Circle, Honolulu, HI, 96826

11 - A-1 L zoning / MLS #201914515
Current Property Taxes p/month
$312
Property Tax Year
2018
Assessed Improvement value
$305,700
Assessed Land value
$1,082,500
MLS #
201914515
TMK
1-2-8-025-020-0000
Land Recorded
Regular System
Zoning
11 - A-1 L
Topography
Level
Lot Description
Clear
Property Setbacks
C&C
Total Assessed value
$1,388,200

Hawaii House tour report of 2934 Varsity Circle, Honolulu, HI, 96826

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Open floorplan
Needs Work
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Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.Listings last updated on 07-20-2019. Copyright 2019 by HiCentral Mls, Ltd. Listing courtesy of Apartment Advisors LLC. 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 For sale $2,250,000  $50,000 2934 Varsity Circle, Honolulu, HI, 96826 3396 sqft Save House Remove from Saved