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2963 Koali Road, Honolulu, HI 96826
12 min walk to Kanewai Community Park
- min drive to body surfing
About lifestyles
2963 Koali Road is a fee simple investment opportunity consisting of nine (9) detached residential units on approximately 37,830 square feet of land. The property is ideally situated in urban Honolulu on the island of Oahu, adjacent to the University of Hawaii at Manoa. Over the past five years the owner has made substantial renovations to each of the nine (9) homes, with completion of the last house occurring in early 2017. The property is located in a residential district with stable cash fl ow from in-place rental
rates. The property is currently 99% occupied with (1) 2-bedroom/1 bath home vacant and available for showings.
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Multi-family details
1938 year built
- Year Built 1938
- Year Remodeled 2016
- Original list price $5,250,000
- Days on market 370
- Building type Multi Dwellings
-
Address
2963 Koali Road, Honolulu, HI, 96826
- Neighborhood University
- Land tenure FS - Fee Simple
- Land SqFt 37,830 sqft
- View None
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$26,769
Taxes
$919
HOA dues
$0
Mortgage
Down payment
$1,050,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$26,769 / month
Neighborhood: University
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
14 / 20
Somewhat 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
9 total units
# of 1 Bd
1
# of 2 Bd
7
# of 3 Bd
1
Total Units
9
Amenities & Features
18 parking places
Stories
One
Roof
Other
Construction
Above Ground, Wood Frame
Utilities
Cable, Internet, Overhead Electricity, Sewer Fee, Telephone, Water
Property Condition
Average
Parking
Assigned, Covered, Tandem
nr.of parking places
18
Amenities
Storage
Income
Net Operating Income: $80,609
Total Actual Rent
$15,883
Total Annual Operating Expenses
$109,990
Total Income
$15,883
Net Operating Income
$80,609
University prices
Average price $1.05m
Neighborhood average sales price*
$1.05m
Neighborhood median sales price*
$1.1m
Number or sales*
7
*last 6 months
Schools
15 schools with rating up to 9
| School rating | Distance | |
|---|---|---|
| out of 10 |
Hokulani Elementary School
2940 Kamakini St,
Honolulu, HI 96816
Elementary School
|
0.056mi |
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
Middle School
|
0.379mi | |
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
High School
|
0.379mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Hokulani Elementary School
2940 Kamakini St,
Honolulu, HI 96816
|
0.056mi |
|
Aikane O Hokulani
2940 Kamakini St,
Honolulu, HI 96816
|
0.063mi | |
| out of 10 |
Prince Jonah Kuhio Elementary School
2759 South King St,
Honolulu, HI 96826
|
0.429mi |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
0.657mi | |
| out of 10 |
Aliiolani Elementary School
1240 7th Ave,
Honolulu, HI 96816
|
0.672mi |
| School rating | Distance | |
|---|---|---|
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
|
0.379mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.502mi | |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
0.657mi | |
| out of 10 |
Education Laboratory Public Charter School
1776 University Ave,
Honolulu, HI 96822
|
0.672mi |
|
St Patrick School
3320 Harding Avenue,
Honolulu, HI 96816
|
0.705mi |
| School rating | Distance | |
|---|---|---|
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
|
0.379mi | |
| out of 10 |
Kaimuki High School
2705 Kaimuki Ave,
Honolulu, HI 96816
|
0.4mi |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.502mi | |
|
Lutheran High School Of Hawaii
1404 University Avenue,
Honolulu, HI 96822
|
0.591mi | |
| out of 10 |
Education Laboratory Public Charter School
1776 University Ave,
Honolulu, HI 96822
|
0.672mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Expired Jan 31, 2018
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jan 31, 2018 | Expired | $5,250,000 | 0 | MLS #201716854 |
| Dec 26, 2017 | In Escrow - not showing | $5,250,000 | 0 | MLS #201716854 |
| Dec 15, 2017 | Back On Market | $5,250,000 | 0 | MLS #201716854 |
| Dec 12, 2017 | Active Under Contract | $5,250,000 | 0 | MLS #201716854 |
| Aug 3, 2017 | New Listing | $5,250,000 -9.79% | 0 | MLS #201716854 |
| Dec 30, 2016 | Cancelled | $5,820,000 | 0 | MLS #201616025 |
| Jun 17, 2016 | New Listing | $5,820,000 | 0 | MLS #201616025 |
| Jun 10, 2016 | Expired | $5,820,000 | 0 | MLS #201509738 |
| Jun 9, 2015 | New Listing | $5,820,000 +164.55% | 0 | MLS #201509738 |
| Jan 17, 2004 | Expired | $2,200,000 | 0 | MLS #2300814 |
| Sep 25, 2003 | Back On Market | $2,200,000 | 0 | MLS #2300814 |
| Sep 11, 2003 | In Escrow - not showing | $2,200,000 | 0 | MLS #2300814 |
| May 21, 2003 | Price Decrease | $2,200,000 -8.33% | 0 | MLS #2300814 |
| Jan 18, 2003 | New Listing | $2,400,000 | 0 | MLS #2300814 |
Tax & MLS details 2963 Koali Road, Honolulu, HI, 96826
05 - R-5 Residential District zoning / MLS #201716854
Current Property Taxes p/month
$919
Property Tax Year
2017
Assessed Improvement value
$403,400
Assessed Land value
$2,747,100
TMK
1-2-8-027-002-0000
Land Recorded
Regular System
Zoning
05 - R-5 Residential District
Flood Zone
Zone AE
Topography
Gentle Slope
Lot Description
Other
Property Setbacks
None
Total Assessed value
$3,150,500
Listed by
Bratton Realty Advisors, Ltd.
MLS #
201716854
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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Frequently asked questions for 2963 Koali Road
When was this multi-family home built and last sold?
This house was build in 1938.
What is the full address of this multi-family home?
2963 Koali Road, Honolulu, HI, 96826.
Are there beaches near 2963 Koali Road?
No, there aren't.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of Bratton Realty Advisors, 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 June 07, 2024.
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