SOLD 09/23/2022
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Multi-Family sold for $4,875,000 in 104 days
2016 Kapiolani Blvd Honolulu, HI, 96826
Neighborhood: MoiliiliOff the market 7,656 sqft
Location, location, location: blocks from Ala Moana, UH Manoa, and Waikiki, Don’t miss this once in a lifetime opportunity to own a super desirable, centrally located, two- building property with 22 units. Unit mix: 10 studios and 12 one-bedrooms with a shared driveway to be sold as a package with 2 identical buildings with TWO TMKs on Kapiolani Blvd: 1-2-7-003-006 & 1-2-7-003-061 each consisting of 5,000sf lots with interiors of 3,828sf each. Separately metered electricity, and gas and two water meters. Value-add opportunity with excellent potential upside as rents are below market with some vacant units. Financials show noted here are pro forma ONLY. To be sold as is, where is.
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Property details
1958 year built
View
None
Price per sqft
$636/sqft
Address
2016 Kapiolani Blvd, Honolulu, HI, 96826
City of Hawaii
Honolulu
Island
Oahu
Building type
Apartments,Multi Dwellings
Year Built
1958
Frontage
Other
Land tenure
FS - Fee Simple
Neighborhood
Moiliili
District
Honolulu
Virtual Tour
Open Houses
No upcoming open houses
Interior Features
6 parking places
Stories
Two
Furnished
Partial
Roof
Custom/Specialty
Utilities
Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Property Condition
Needs Major Repair
nr.of parking places
6
Garage & Parking
Open
Amenities
None
Listed by
Christina L Dwight, Commercial Inv. Strategies
(808) 429-1098
(808) 429-1098
Name
Christina L Dwight
License number
RB-20978
Brokerage company
Commercial Inv. Strategies
(808) 429-1098
(808) 429-1098
MLS #
202211079
Buyer agent
Name
Jordan I Ko
Brokerage company
Ko Realty
(808) 842-3414
(808) 842-3414
Payment calculator
Calculate your monthly payments
Mortgage
$14,968
Taxes
$9,238
HOA dues
$0
Mortgage
$975,000 / 20%
2.28%
30 years
Your amount
$14,968 / month
Exterior Features
Brick, Masonry/Stucco construction and more
Construction
Brick, Masonry/Stucco
Lot details
TMK #1270030060000
Lot Description
Clear
Parcel nr.
1270030060000
Moiliili neighborhood info
Essentials nearby
Neighborhood stats
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
People living in Moiliili
30%
Families with children
National average: 39%
30%
Non family households
364,089
Population
$128,046
Average Income
Age & gender
Median age 44 years
More info
Commute types
65% commute by car
More info
Education level
26% have bachelor education
More info
Number of employees
2% work in education and healthcare
More info
Vehicles available
48% have 1 vehicle
More info
Vehicles by gender
48% have 1 vehicle
More info
Housing market insights for
$758.64k
Neighborhood average
sales price*
sales price*
$533.95k
Neighborhood median
sales price*
sales price*
1243
Number
of sales*
of sales*
Housing type
61% are apartments
More info
Rooms
38% of the houses have 2 or 3 rooms
More info
Bedrooms
45% have 2 or 3 bedrooms
More info
Owners vs Renters
51% are renters
More info
13.33 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Unit Information
# of 1 Bd
12
Income
Total Actual Rent
$30,725
Schools
15 schools with rating up to 6
| School rating | Distance | |
|---|---|---|
| out of 10 |
King William Lunalilo Elementary School
810 Pumehana St,
Honolulu, HI 96826
Elementary School |
0.203mi |
| out of 10 |
President George Washington Middle School
1633 South King St,
Honolulu, HI 96826
Middle School |
0.523mi |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
High School |
0.621mi | |
| School rating | Distance | |
|---|---|---|
| out of 10 |
King William Lunalilo Elementary School
810 Pumehana St,
Honolulu, HI 96826
|
0.203mi |
| out of 10 |
Ala Wai Elementary School
503 Kamoku St,
Honolulu, HI 96826
|
0.435mi |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.621mi | |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
0.728mi | |
|
Maryknoll Grade School
1722 Dole Street,
Honolulu, HI 96822
|
0.774mi | |
| School rating | Distance | |
|---|---|---|
| out of 10 |
President George Washington Middle School
1633 South King St,
Honolulu, HI 96826
|
0.523mi |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.621mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.682mi | |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
0.728mi | |
|
Maryknoll Grade School
1722 Dole Street,
Honolulu, HI 96822
|
0.774mi | |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.621mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.682mi | |
|
Maryknoll Grade School
1722 Dole Street,
Honolulu, HI 96822
|
0.774mi | |
|
Lutheran High School Of Hawaii
1404 University Avenue,
Honolulu, HI 96822
|
0.789mi | |
|
Maryknoll School
1526 Alexander Street,
Honolulu, HI 96822
|
0.792mi | |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Sep 23, 2022
Moiliili Median sales price 2024
| Bedrooms | Med. price | % of listings |
|---|---|---|
| Not specified | $150.5k | 16% |
| 1 bed | $350k | 32% |
| 2 beds | $460k | 40% |
| 3 beds | $1.72m | 8% |
| 7 beds | $1.8m | 4% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Sep 23, 2022 | Sold | $4,875,000 | 636.76 | Public Record |
| Sep 23, 2022 | Price Decrease | $4,875,000 -11.36% | 636.76 | MLS #202211079 |
| Aug 24, 2022 | Pending | $5,500,000 | 718.39 | MLS #202211079 |
| Jun 27, 2022 | Under contract | $5,500,000 | 718.39 | MLS #202211079 |
| Jun 13, 2022 | New Listing | $5,500,000 | 718.39 | MLS #202211079 |
Taxes of 2016 Kapiolani Blvd, Honolulu, HI, 96826
12 - A-2 Medium Density Apartme zoning / MLS #202211079
Current Property Taxes p/month
$9,238
Assessed Improvement value
$315,000
Assessed Land value
$2,400,000
Land Recorded
Land Court
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone AO
Topography
Level
Location
Inside
Total Assessed value
$2,715,000
Tax History
| Year | Taxes | Source |
|---|---|---|
| 2022 | $110,856 | MLS #202211079 |
About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.
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Frequently Asked Questions about 2016 Kapiolani Blvd
Which year was this multi-family built?
This multi-family was build in 1958.
Which year was this property last sold?
This property was sold in 2022.
What is the full address of this Multi-Family?
2016 Kapiolani Blvd, Honolulu, HI, 96826.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Commercial Inv. Strategies.
Our company may forward your question(s), email address, phone number, name, and any other information you may provide to a licensed real estate agent in the state where the property you are inquiring about is located. We forward your information to assist you in getting you the answers you are requesting. However, you are not obligated to work with this agent. The agent we forward your information to may or may not be the listing agent for the property. Please discuss with the agent regarding your options for representation. Information deemed reliable but not guaranteed.
Listing last updated: Sep 23, 2022
Verhouse Last checked 4 minutes ago
The closest grocery stores are McCully Pantry, 0.25 miles away and ABC, 0.26 miles away.
The Moiliili neighborhood has a population of 364,089, and 30% of the families have children. The median age is 44.95 years and 65% commute by car. The most popular housing type is "apartment" and 51% is renter.