Hawaii House
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2985 Koali Rd, Honolulu, HI 96826

Multi-Family · Withdrawn · $3,925,000

Great investor opportunity. Multiple dwellings (14 apartments) close to UH, Chaminade, and H-1 access. Over 28,000 sf. of land with rental and owner occupied homes. Sold with 2979 Koali Rd. (parcel #1-2-8-027-010-0000) and 2993 Koali Rd. #A (parcel #1-2-8-0-27-001-0000). Assigned parking stalls. Near Palolo Stream and Hokulani Elementary School. Short distance to shops and restaurants in Kaimuki or Waikiki. 4 units family occupied with no rental income. Shown by appointment only. No sign on the property.*Tax records do not match.
Details
  • Original list price$3,925,000
  • Days on market212
  • Building typeMulti Dwellings
  • Address

    2985 Koali Rd, Honolulu, HI, 96826

  • Year Built1941
  • FrontageOther
  • NeighborhoodUniversity
  • Land tenureFS - Fee Simple
  • Land SqFt28272 sqft
  • ViewGarden, Other
Unit Information
  • # of 1 Bd3
  • # of 2 Bd10
  • # of 3 Bd1
  • Total Units14
Amenities & Features
  • StoriesOne, Two
  • RoofAluminum/Steel, Asphalt Shingle, Other
  • ConstructionAbove Ground, Concrete, Double Wall, Hollow Tile, Masonry/Stucco
  • UtilitiesCable, Gas, Overhead Electricity, Public Water, Sewer Fee
  • Property ConditionAbove Average, Average, Fair
  • ParkingAssigned, Covered, Open
  • nr.of parking places14
  • AmenitiesA/C, Other
Income
  • Total Actual Rent$10,100
  • Total Annual Operating Expenses
  • Total Income$10,100
  • Net Operating Income
Schools Nearby
-
Neighborhood - University
  • Neighborhood average sales price*$1.87m
  • Neighborhood median sales price*$1.65m
  • Number or sales*6
  • Street median sales price*$3.21m
Price history
Date Event Price $/sqft Source
2017-05-24 Withdrawn $3,925,000 0 MLS 201708580
2017-04-24 New Listing $3,925,000 0 MLS 201708580
2016-08-27 Withdrawn $3,725,000 0 MLS 201621512
2016-08-22 New Listing $3,725,000 0 MLS 201621512
Taxes
  • Current Property Taxes p/month$565
  • Property Tax Year2016
  • Assessed Improvement value$408,300
  • Assessed Land value$1,645,900
  • MLS #201708580
  • TMK1-2-8-027-019-0000
  • Land RecordedRegular System
  • Zoning05 - R-5 R
  • TopographyLevel
  • LocationDead End,Inside
  • Lot DescriptionOther
  • Property SetbacksC&C
  • Total Assessed value$2,054,200
Agent viewpoints   of 2985 Koali Rd, Honolulu, HI, 96826
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

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Hawaii House
Multi-Family Withdrawn $3,925,000 2985 Koali Rd, Honolulu, HI, 96826 Remove from Saved Save House