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421 Seaside Ave, Honolulu, HI 96815
13 min walk to Ala Wai Golf Course
7 min walk to Waikiki Beach
19 min walk to Ala Wai Golf Course
16 min walk to The Wall
7 min walk to Canoes
About lifestyles
Incredible opportunity to acquire the Cooper Apartments in a prime location just off of Kuhio Avenue in Waikiki! The property is FEE SIMPLE and consists of a total of 15 units - a 3-story 11-unit apartment building, and two single-story buildings which each have two cottage units (4 units total) in the heart of Waikiki. The offering includes both TMKs: 1-2-6-21-57, and 1-2-6-21-58 which have a total of 11,248 square feet of APARTMENT zoned land.
The property has a historic feel reminiscent of 1960s Waikiki and even has its own shaded courtyard area and secured parking. The apartment building has stucco construction and large units. Rents are below market which presents an excellent upside opportunity for a buyer. There is also secured parking with 4 covered stalls and another 2+ in a enclosed shed.
NOTE: Income and expenses are PROFORMA - a buyer should conduct its own financial analysis of the property.
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Multi-family details
1939 year built
- Year Built 1939
- Original list price $5,500,000
- Days on market 383
- Building type Apartments,Other
- Price per sqft $697/sqft
-
Address
421 Seaside Ave, Honolulu, HI, 96815
- Frontage Other
- Neighborhood Waikiki
- Land tenure FS - Fee Simple
- Land SqFt 11,248 sqft
- View None
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Monthly payment
Calculate your monthly payments
Mortgage
$28,043
Taxes
$1,350
HOA dues
$0
Mortgage
Down payment
$1,100,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$28,043 / month
Neighborhood: Waikiki
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
18.5 / 20
Most 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
15 total units
# of 1 Bd
4
# of 2 Bd
2
# of 3 Bd
1
Total Units
15
Amenities & Features
6 parking places
Stories
Three
Furnished
Partial
Roof
Tile
Construction
Masonry/Stucco, Single Wall
Utilities
Cable, Gas, Internet, Public Water, Underground Electricity, Water
Property Condition
Above Average, Average
Parking
Covered, Open
nr.of parking places
6
Amenities
None
Income
Net Operating Income: $238,918
Total Actual Rent
$318,000
Total Annual Operating Expenses
$89,282
Total Income
$328,200
Net Operating Income
$238,918
Waikiki prices
Average price $831.46k
Neighborhood average sales price*
$831.46k
Neighborhood median sales price*
$810k
Number or sales*
28
*last 6 months
About Waikiki
Waikiki Condos & neighborhood info When it comes to finding a home in a lively, picturesque setting, it's hard to beat the allure of Waikiki condos. Situated along the stunning shores of Oahu, Waikiki is a bustling neighborhood in Honolulu that boasts Read more
Schools
15 schools with rating up to 7
| School rating | Distance | |
|---|---|---|
| out of 10 |
Ala Wai Elementary School
503 Kamoku St,
Honolulu, HI 96826
Elementary School
|
0.321mi |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
Middle School
|
0.322mi | |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
High School
|
0.322mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Ala Wai Elementary School
503 Kamoku St,
Honolulu, HI 96826
|
0.321mi |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.322mi | |
| out of 10 |
President Thomas Jefferson Elementary School
324 Kapahulu Ave,
Honolulu, HI 96815
|
0.663mi |
| out of 10 |
Prince Jonah Kuhio Elementary School
2759 South King St,
Honolulu, HI 96826
|
0.725mi |
|
Jefferson School Orthopedic Unit
324 Kapahulu Ave,
Honolulu, HI 96815
|
0.759mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.322mi | |
| out of 10 |
Waikiki Elementary School
3710 Leahi Ave,
Honolulu, HI 96815
|
0.786mi |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.83mi | |
|
Hawaii School For The Deaf And Blind
3440 Leahi Ave,
Honolulu, HI 96815
|
0.856mi | |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
1.086mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.322mi | |
| out of 10 |
Kaimuki High School
2705 Kaimuki Ave,
Honolulu, HI 96816
|
0.751mi |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.83mi | |
|
Hawaii School For The Deaf And Blind
3440 Leahi Ave,
Honolulu, HI 96815
|
0.856mi | |
|
Lutheran High School Of Hawaii
1404 University Avenue,
Honolulu, HI 96822
|
1.104mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Expired May 30, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 30, 2023 | Expired | $5,500,000 | $697.26 | MLS #202224893 |
| Feb 27, 2023 | Hold | $5,500,000 | $697.26 | MLS #202224893 |
| Feb 27, 2023 | Back On Market | $5,500,000 | $697.26 | MLS #202224893 |
| Jan 18, 2023 | Active Under Contract | $5,500,000 | $697.26 | MLS #202224893 |
| Nov 29, 2022 | New Listing | $5,500,000 | $697.26 | MLS #202224893 |
Tax & MLS details 421 Seaside Ave, Honolulu, HI, 96815
12 - A-2 Medium Density Apartme zoning / MLS #202224893
Current Property Taxes p/month
$1,350
Property Tax Year
2022
Assessed Improvement value
$637,600
Assessed Land value
$3,990,200
TMK
1-2-6-021-057-0000
Land Recorded
Land Court
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone AE
Topography
Level
Location
Inside
Lot Description
Other
Property Setbacks
C&C
Total Assessed value
$4,627,800
Listed by
Standard Management LLC
(808) 208-8107
(808) 208-8107
MLS #
202224893
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
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Frequently asked questions for 421 Seaside Ave
When was this multi-family home built and last sold?
This house was build in 1939.
What is the full address of this multi-family home?
421 Seaside Ave, Honolulu, HI, 96815.
Are there beaches near 421 Seaside Ave?
The nearest beach is 0.292 miles away, called Waikiki Beach. It should take about 7 min walk.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Standard Management LLC. 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 29, 2023.
Hawaii House Last checked 1 minute ago.
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