SOLD 08/31/2023
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312-A & 312-B Iolani Ave, Honolulu, HI 96813
$2,500,000 $2,400,000
Multi-Family Home
sold
0 sqft
Neighborhood:
Punchbowl Area
Sold 08/31/2023
$2,500,000 $2,400,000
7 min walk to Dole Community Park
3 min drive to Ala Moana Beach
6 min drive to Oʻahu Country Club
4 min drive to Point Panic
4 min drive to Kewalos
About lifestyles
Calling all Investors! Introducing an investment opportunity to own four dwellings with a range of bedroom/bath layouts conveniently located in the heart of Punchbowl. This A-1 Apartment zoned property includes 2 TMK’s (1) 2-2-3-8 & TMK (1) 2-2-3-70 and 4 separate buildings known as 312-A, 312, 314 & 312-B Iolani Ave. The layout is comprised as followings: 314 Iolani, Front Right Building offers: 2 Bedroom/1 full Bath. 312 Iolani, Front Left Building offers: 2 Bedroom & 2 full Bath. 312-A Iolani, the Main House is located in the middle of the property offers: 4 Bedroom, 1 full Bath, 3 half Baths. Additionally, 312-B Iolani offers: One, 2-Bedroom & 1-full Bath unit AND/ Two, 1-Bedroom & 1-full Bath units. Gas is paid by each individual tenant. Owner takes care of water (entire property) & electricity for Building B units. (5 gas meters, 4 electric meters, & 2 water meters in total). There are 7 covered parking stalls, two, 2-car carports (314 & 312) & 1 open parking. This property offers flexibility, multiple rental opportunities & an excellent addition to your multifamily investment portfolio & best of all, is just minutes away from downtown Honolulu & easy freeway access.
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Multi-family details
1942 year built
- Year Built 1942
- Original list price $2,400,000
- Days on market 87
- Building type Multi Dwellings
-
Address
312-A & 312-B Iolani Ave, Honolulu, HI, 96813
- Neighborhood Punchbowl Area
- Land tenure FS - Fee Simple
- Land SqFt 19,012 sqft
- View City, Garden, Mountain
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$12,747
Taxes
$1,005
HOA dues
$0
Mortgage
Down payment
$500,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$12,747 / month
Neighborhood: Punchbowl Area
Nearby & commute
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
13.33 / 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
6 total units
# of 1 Bd
2
# of 2 Bd
3
# of 3 Bd
1
Total Units
6
Amenities & Features
11 parking places
Stories
One, Two
Roof
Asphalt Shingle, Other
Construction
Above Ground, Single Wall, Wood Frame
Utilities
Gas, Overhead Electricity, Public Water, Sewer Fee
Property Condition
Average
Parking
Assigned, Covered, Open
nr.of parking places
11
Amenities
Storage
Income
—
Total Actual Rent
Total Annual Operating Expenses
Total Income
Net Operating Income
Punchbowl Area prices
No information about average prices in this area
-
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
| out of 10 |
Royal Elementary School
1519 Queen Emma St,
Honolulu, HI 96813
Elementary School
|
0.202mi |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
Middle School
|
0.282mi | |
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
High School
|
0.282mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Royal Elementary School
1519 Queen Emma St,
Honolulu, HI 96813
|
0.202mi |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.282mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.35mi | |
|
Hongwanji Mission School
1728 Pali Hwy,
Honolulu, HI 96813
|
0.439mi | |
|
Soto Academy
1708 Nuuanu Avenue,
Honolulu, HI 96817
|
0.561mi |
| School rating | Distance | |
|---|---|---|
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.282mi | |
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
|
0.282mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.35mi | |
| out of 10 |
Central Middle School
1302 Queen Emma St,
Honolulu, HI 96813
|
0.358mi |
|
Hongwanji Mission School
1728 Pali Hwy,
Honolulu, HI 96813
|
0.439mi |
| School rating | Distance | |
|---|---|---|
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
|
0.282mi | |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.282mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.35mi | |
|
Pacific Buddhist Academy
1710 Pali Highway,
Honolulu, HI 96813
|
0.369mi | |
|
Hawaiian Mission Academy
1438 Pensacola Street,
Honolulu, HI 96822
|
0.619mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Aug 31, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Aug 31, 2023 | Sold | $2,500,000 | 0 | Public Record |
| Aug 19, 2023 | In Escrow - not showing | $2,400,000 | 0 | MLS #202311583 |
| Jun 26, 2023 | Active Under Contract | $2,400,000 | 0 | MLS #202311583 |
| Jun 6, 2023 | New Listing | $2,400,000 | 0 | MLS #202311583 |
Tax & MLS details 312-A & 312-B Iolani Ave, Honolulu, HI, 96813
11 - A-1 Low Density Apartment zoning / MLS #202311583
Current Property Taxes p/month
$1,005
Property Tax Year
2023
Assessed Improvement value
$234,500
Assessed Land value
$3,483,300
TMK
1-2-2-003-008-0000
Land Recorded
Regular System
Zoning
11 - A-1 Low Density Apartment
Flood Zone
Zone X
Topography
Gentle Slope,Level,Terraced,Up Slope
Location
Inside
Lot Description
Clear
Property Setbacks
C&C
Total Assessed value
$3,717,800
Listed by
Coldwell Banker Realty
(808) 596-0456
(808) 596-0456
MLS #
202311583
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Stunning views
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Open floorplan
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Frequently asked questions for 312-A & 312-B Iolani Ave
When was this multi-family home built and last sold?
This house was build in 1942 and sold in 2023.
What is the full address of this multi-family home?
312-A & 312-B Iolani Ave, Honolulu, HI, 96813.
Are there beaches near 312-A & 312-B Iolani Ave?
The nearest beach is 1.354 miles away, called Ala Moana Beach. It should take about 3 min drive.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Coldwell Banker Realty. 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 August 31, 2023.
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