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2963 Koali Rd, Honolulu, HI, 96826
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2963 Koali Rd, Honolulu, HI 96826

$5,250,000 Multi-Family Home expired 0 sqft Neighborhood:  University
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 2394
  • Building type Multi Dwellings
  • Address

    2963 Koali Rd, 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
$27,688 per month
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
15-18
10-15
1-10
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 $2.28m
Neighborhood average sales price*
$2.28m
Neighborhood median sales price*
$2.28m
Number or sales*
2
Median sale price Masters*
$1.6m
*last 6 months

Schools

15 schools with rating up to 10
School rating Distance
8
out of 10
Hokulani Elementary School
2940 Kamakini St, Honolulu, HI 96816
Elementary School
0.056mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
Middle School
0.379mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
High School
0.379mi
School rating Distance
8
out of 10
Hokulani Elementary School
2940 Kamakini St, Honolulu, HI 96816
0.056mi
NR
Aikane O Hokulani
2940 Kamakini St, Honolulu, HI 96816
0.063mi
5
out of 10
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
0.429mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.657mi
10
out of 10
Aliiolani Elementary School
1240 7th Ave, Honolulu, HI 96816
0.672mi
School rating Distance
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.379mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.502mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.657mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.672mi
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
0.705mi
School rating Distance
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.379mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.4mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.502mi
NR
Lutheran High School Of Hawaii
1404 University Avenue, Honolulu, HI 96822
0.591mi
8
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

Withdrawn Dec 30, 2016
Date Event Price $/sqft Source
Dec 30, 2016 Withdrawn $5,820,000 0 MLS #201616020
Jun 17, 2016 New Listing $5,820,000 0 MLS #201616020
Jun 10, 2016 Expired $5,820,000 0 MLS #201509740
Jun 9, 2015 New Listing $5,820,000 0 MLS #201509740
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Tax & MLS details 2963 Koali Rd, 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 Rd

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 Rd, Honolulu, HI, 96826.

Are there beaches near 2963 Koali Rd?

No, there aren't.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 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 January 31, 2018.
Hawaii House Last checked less than a minute ago.

Multi-Family Home expired $5,250,000 2963 Koali Rd, Honolulu, HI, 96826 0 sqft Save House Remove from Saved