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2985 Koali Rd, Honolulu, HI, 96826
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2985 Koali Rd, Honolulu, HI 96826

$3,925,000 Multi-Family Home withdrawn 0 sqft Neighborhood:  University
14 min walk to Kanewai Community Park
- min drive to body surfing
About lifestyles
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.
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Multi-family details

1941 year built
  • Year Built 1941
  • Year Remodeled 2010
  • Original list price $3,925,000
  • Days on market 2577
  • Building type Multi Dwellings
  • Address

    2985 Koali Rd, Honolulu, HI, 96826

  • Frontage Other
  • Neighborhood University
  • Land tenure FS - Fee Simple
  • Land SqFt 28,272 sqft
  • View Garden, Other

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$20,013
Taxes
$565
HOA dues
$0
$20,578 per month
Mortgage
Down payment
$785,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $20,013 / 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

14 total units
# of 1 Bd
3
# of 2 Bd
10
# of 3 Bd
1
Total Units
14

Amenities & Features

14 parking places
Stories
One, Two
Roof
Aluminum/Steel, Asphalt Shingle, Other
Construction
Above Ground, Concrete, Double Wall, Hollow Tile, Masonry/Stucco
Utilities
Cable, Gas, Overhead Electricity, Public Water, Sewer Fee
Property Condition
Above Average, Average, Fair
Parking
Assigned, Covered, Open
nr.of parking places
14
Amenities
A/C, Other

Income

Total Actual Rent
$10,100
Total Annual Operating Expenses
Total Income
$10,100
Net Operating Income

University prices

Average price $571.63k
Neighborhood average sales price*
$571.63k
Neighborhood median sales price*
$379.75k
Number or sales*
12
*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
0.049mi
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 rating Distance
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
5
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 rating Distance
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 rating Distance
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
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Withdrawn Aug 27, 2016
Date Event Price $/sqft Source
Aug 27, 2016 Withdrawn $3,725,000 0 MLS #201621950
Aug 22, 2016 New Listing $3,725,000 0 MLS #201621950
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Tax & MLS details 2985 Koali Rd, Honolulu, HI, 96826

05 - R-5 Residential District zoning / MLS #201708580
Current Property Taxes p/month
$565
Property Tax Year
2016
Assessed Improvement value
$408,300
Assessed Land value
$1,645,900
TMK
1-2-8-027-019-0000
Land Recorded
Regular System
Zoning
05 - R-5 Residential District
Flood Zone
Zone AE
Topography
Level
Location
Dead End,Inside
Lot Description
Other
Property Setbacks
C&C
Total Assessed value
$2,054,200
Listed by
Hawaii Pacific Realty Group
MLS #
201708580
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 2985 Koali Rd

When was this multi-family home built and last sold?

This house was build in 1941.

What is the full address of this multi-family home?

2985 Koali Rd, Honolulu, HI, 96826.

Are there beaches near 2985 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 Hawaii Pacific Realty Group. 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 May 24, 2017.
Hawaii House Last checked less than a minute ago.

Multi-Family Home withdrawn $3,925,000 2985 Koali Rd, Honolulu, HI, 96826 0 sqft Save House Remove from Saved