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Multi-Family · Withdrawn · $3,925,000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 market455
  • Building typeMulti Dwellings
  • Address

    2985 Koali Rd, Honolulu, HI, 96826

  • Year Built1941
  • FrontageOther
  • NeighborhoodUniversity
  • Land tenureFS - Fee Simple
  • Land SqFt28272 sqft
  • ViewGarden, Other
  • Listing provided courtesy ofVickie Graham, Hawaii Pacific Realty Group
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
School ratingDistance
8
out of 10
Hokulani Elementary School
2940 Kamakini St, Honolulu, HI 96816
Elementary School
0.049mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
Middle School
0.402mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
High School
0.402mi
School ratingDistance
8
out of 10
Hokulani Elementary School
2940 Kamakini St, Honolulu, HI 96816
0.049mi
NR
Aikane O Hokulani
2940 Kamakini St, Honolulu, HI 96816
0.1mi
7
out of 10
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
0.452mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.646mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.652mi
School ratingDistance
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.402mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.51mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.646mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.652mi
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
0.729mi
School ratingDistance
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.402mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.438mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.51mi
NR
Lutheran High School Of Hawaii
1404 University Avenue, Honolulu, HI 96822
0.578mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.652mi
Data provided by Greatschools.org
Neighborhood - University
  • Neighborhood average sales price*$551k
  • Neighborhood median sales price*$551k
  • Number or sales*2
Price history
Date Event Price $/sqft Source
May 24, 2017 Withdrawn $3,925,000 0 MLS 201708580
Apr 24, 2017 New Listing $3,925,000 0 MLS 201708580
Aug 27, 2016 Withdrawn $3,725,000 0 MLS 201621512
Aug 22, 2016 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
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Hawaii House
Multi-Family Withdrawn $3,925,000 2985 Koali Rd, Honolulu, HI, 96826 Remove from Saved Save House