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3206 ALa Ilima Streets 30 units, Honolulu, HI 96818
3 min walk to Hoa Aloha Neighborhood Park
20 min walk to Honolulu Country Club
About lifestyles
FIRST TIME ON MARKET! ****$2,000,000 PRICE REDUCTION!***** Trophy 3- story concrete apartment building (24,288 sf) in Salt Lake next to Hoa Aloha Neighborhood Park. 30 units (all 2 bedrooms) on 30,375 sf of A-2 zoned land (150" height limit) and one manager's office. 28 units are 2 beds, 1 bath (768sf) while 2 corner units are larger, 2 bed, 2 bath (1,184 sf) with private lanais and washer/dryer. 38+ parking stalls. 100% occupied. Rents under market and opportunities exist for additional income streams, i.e. utility recapture/pet fees/etc. Concrete spalls repairs completed. Exterior painting in progress and to be completed by 3/01/2024. Coin operated laundry facility on site.
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Multi-family details
1973 year built
- Year Built 1973
- Original list price $13,000,000
- Days on market 76
- Building type Apartments
- Price per sqft $1,359/sqft
-
Address
3206 ALa Ilima Streets unit 30 units, Honolulu, HI, 96818
- Neighborhood Salt Lake
- Land tenure FS - Fee Simple
- Land SqFt 30,375 sqft
- View City, Garden
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Monthly payment
Calculate your monthly payments
Mortgage
$56,086
Taxes
$1,632
HOA dues
$0
Mortgage
Down payment
$2,200,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$56,086 / month
Neighborhood: Salt Lake
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
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
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
11.17 / 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
30 total units
# of 1 Bd
0
# of 2 Bd
30
# of 3 Bd
0
Total Units
30
Amenities & Features
38 parking places
Stories
Three
Furnished
Partial
Roof
Pitch & Gravel
Construction
Concrete, Double Wall, Masonry/Stucco
Utilities
Cable, Gas, Internet, Public Water, Sewer Fee, Telephone, Underground Electricity, Water
Property Condition
Above Average
Parking
Assigned
nr.of parking places
38
Amenities
None
Income
Net Operating Income: $355,540
Total Actual Rent
$46,625
Total Annual Operating Expenses
$214,724
Total Income
$570,264
Net Operating Income
$355,540
Salt Lake prices
Average price $1.04m
Neighborhood average sales price*
$1.04m
Neighborhood median sales price*
$1.01m
Number or sales*
19
*last 6 months
Schools
15 schools with rating up to 9
| School rating | Distance | |
|---|---|---|
| out of 10 |
Aliamanu Elementary School
3265 Salt Lake Blvd,
Honolulu, HI 96818
Elementary School
|
0.247mi |
| out of 10 |
Aliamanu Elementary School
3265 Salt Lake Blvd,
Honolulu, HI 96818
Middle School
|
0.247mi |
| out of 10 |
Moanalua High School
2825 Ala Ilima St,
Honolulu, HI 96819
High School
|
0.739mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Aliamanu Elementary School
3265 Salt Lake Blvd,
Honolulu, HI 96818
|
0.247mi |
| out of 10 |
Salt Lake Elementary School
1131 Ala Lilikoi St,
Honolulu, HI 96818
|
0.396mi |
| out of 10 |
Pearl Harbor Elementary School
1 Moanalua Ridge,
Honolulu, HI 96818
|
1.206mi |
| out of 10 |
Moanalua Elementary School
1337 Mahiole St,
Honolulu, HI 96819
|
1.306mi |
|
Holy Family Catholic Academy
830 Main Street,
Honolulu, HI 96818
|
1.31mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Aliamanu Elementary School
3265 Salt Lake Blvd,
Honolulu, HI 96818
|
0.247mi |
| out of 10 |
Aliamanu Middle School
3271 Salt Lake Boulevard,
Honolulu, HI 96818
|
0.265mi |
| out of 10 |
Moanalua Middle School
1289 Mahiole St,
Honolulu, HI 96819
|
1.195mi |
| out of 10 |
Pearl Harbor Elementary School
1 Moanalua Ridge,
Honolulu, HI 96818
|
1.206mi |
| out of 10 |
Moanalua Elementary School
1337 Mahiole St,
Honolulu, HI 96819
|
1.306mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Moanalua High School
2825 Ala Ilima St,
Honolulu, HI 96819
|
0.739mi |
| out of 10 |
Admiral Arthur W Radford High School
4361 Salt Lake Blvd,
Honolulu, HI 96818
|
1.427mi |
|
Assets School
1 Ohana Nui Way,
Honolulu, HI 96818
|
1.464mi | |
|
Christian Academy
3400 Moanalua Road,
Honolulu, HI 96819
|
1.482mi | |
|
Grace Christian Academy
99-833 Iwaena Street,
Aiea, HI 96701
|
1.835mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Price Decrease Mar 27, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 27, 2024 | Price Decrease | $11,000,000 -8.33% | $1,358.70 | MLS #202403475 |
| Feb 29, 2024 | Price Decrease | $12,000,000 -7.69% | $1,482.21 | MLS #202403475 |
| Feb 13, 2024 | New Listing | $13,000,000 | $1,605.73 | MLS #202403475 |
Tax & MLS details 3206 ALa Ilima Streets unit 30 units, Honolulu, HI, 96818
12 - A-2 Medium Density Apartme zoning / MLS #202403475
Current Property Taxes p/month
$1,632
Property Tax Year
2023
Assessed Improvement value
$1,966,200
Assessed Land value
$3,889,400
TMK
1-1-1-059-018-0000
Land Recorded
Regular System
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone A
Topography
Level
Lot Description
Clear
Property Setbacks
None
Total Assessed value
$5,855,600
Listed by
CBI Residential Advisory Svcs.
(808) 942-7100
(808) 942-7100
MLS #
202403475
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Frequently asked questions for 3206 ALa Ilima Streets unit 30 units
When was this multi-family home built and last sold?
This house was build in 1973.
What is the full address of this multi-family home?
3206 ALa Ilima Streets unit 30 units, Honolulu, HI, 96818.
Are there beaches near 3206 ALa Ilima Streets unit 30 units?
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 CBI Residential Advisory Svcs.. 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 March 27, 2024.
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