SOLD 03/25/2024
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Multi-Family sold for $2,300,000 in 241 days
2842 Kaimuki Ave Honolulu, HI, 96816
Neighborhood: KapahuluOff the market 3,410 sqft
Rare opportunity with great cash flow. Proforma 6.12% cap rate. Call Listor for financials. 23 room dormitory complex in convenient location off of Kapahulu Avenue. 22 partially furnished rooms each with sink, microwave, small refrigerator, window A/C and bed that share 4 full bathrooms. One studio unit with full kitchen above parking area with full bath. One electrical, water and gas (water heater) meters for the entire complex. Secured, gated entry with lush landscaping and picnic area for tenants with gas BBQ grill. Coin-operated washer and dryer machines. Wi-Fi provided for Tenants.
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Property details
1967 year built
View
City, Other
Price per sqft
$674/sqft
Address
2842 Kaimuki Ave, Honolulu, HI, 96816
City of Hawaii
Honolulu
Island
Oahu
Building type
Multi Dwellings
Year Built
1967
Frontage
Other
Land tenure
FS - Fee Simple
Neighborhood
Kapahulu
District
Honolulu
Open Houses
No upcoming open houses
Interior Features
4 parking places
Stories
Two
Furnished
Partial
Roof
Composition
Utilities
Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee
Property Condition
Above Average
nr.of parking places
4
Garage & Parking
Assigned, Covered
Amenities
A/C
Listed by
Kevin Y Nishikawa, Marcus Realty
(808) 839-7446
(808) 839-7446
Name
Kevin Y Nishikawa
License number
RB-17304
Brokerage company
Marcus Realty
(808) 839-7446
(808) 839-7446
MLS #
202310419
Buyer agent
Name
Helen Linh On
Brokerage company
Dower Realty, Inc.
(808) 735-8838
(808) 735-8838
Payment calculator
Calculate your monthly payments
Mortgage
$7,062
Taxes
$489
HOA dues
$0
Mortgage
$460,000 / 20%
2.28%
30 years
Your amount
$7,062 / month
Exterior Features
Hollow Tile, Wood Frame construction and more
Construction
Hollow Tile, Wood Frame
Lot details
TMK #1270300270000
Lot Description
Clear
Parcel nr.
1270300270000
Kapahulu 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 Kapahulu
30%
Families with children
National average: 39%
30%
Non family households
364,089
Population
$128,046
Average Income
Age & gender
Median age 45 years
More info
Commute types
65% commute by car
More info
Education level
27% 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
$820.9k
Neighborhood average
sales price*
sales price*
$555k
Neighborhood median
sales price*
sales price*
1186
Number
of sales*
of sales*
Housing type
59% are apartments
More info
Rooms
37% 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
15.5 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Income
Total Actual Rent
$18,920
Schools
15 schools with rating up to 10
| School rating | Distance | |
|---|---|---|
|
Aikane O Hokulani
2940 Kamakini St,
Honolulu, HI 96816
Elementary School |
0.285mi | |
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
Middle School |
0.329mi | |
| out of 10 |
Kaimuki High School
2705 Kaimuki Ave,
Honolulu, HI 96816
High School |
0.152mi |
| School rating | Distance | |
|---|---|---|
|
Aikane O Hokulani
2940 Kamakini St,
Honolulu, HI 96816
|
0.285mi | |
| out of 10 |
Hokulani Elementary School
2940 Kamakini St,
Honolulu, HI 96816
|
0.368mi |
| out of 10 |
Prince Jonah Kuhio Elementary School
2759 South King St,
Honolulu, HI 96826
|
0.395mi |
|
St Patrick School
3320 Harding Avenue,
Honolulu, HI 96816
|
0.549mi | |
| out of 10 |
Aliiolani Elementary School
1240 7th Ave,
Honolulu, HI 96816
|
0.612mi |
| School rating | Distance | |
|---|---|---|
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
|
0.329mi | |
|
St Patrick School
3320 Harding Avenue,
Honolulu, HI 96816
|
0.549mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.582mi | |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.639mi | |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
0.842mi | |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kaimuki High School
2705 Kaimuki Ave,
Honolulu, HI 96816
|
0.152mi |
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
|
0.329mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.582mi | |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.639mi | |
|
Lutheran High School Of Hawaii
1404 University Avenue,
Honolulu, HI 96822
|
0.795mi | |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Mar 25, 2024
Kapahulu Median sales price 2024
| Bedrooms | Med. price | % of listings |
|---|---|---|
| Not specified | $2.1m | 20% |
| 1 bed | $386k | 20% |
| 2 beds | $605k | 20% |
| 3 beds | $950k | 10% |
| 4 beds | $1.68m | 10% |
| 5 beds | $1.56m | 20% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 25, 2024 | Sold | $2,300,000 | 674.49 | Public Record |
| Mar 25, 2024 | Price Decrease | $2,300,000 -6.12% | 674.49 | MLS #202310419 |
| Jan 3, 2024 | $2,450,000 | 718.48 | MLS #202310419 | |
| Oct 18, 2023 | Price Decrease | $2,450,000 -7.55% | 718.48 | MLS #202310419 |
| May 8, 2023 | New Listing | $2,650,000 | 777.13 | MLS #202310419 |
Taxes of 2842 Kaimuki Ave, Honolulu, HI, 96816
12 - A-2 Medium Density Apartme zoning / MLS #202310419
Current Property Taxes p/month
$488
Assessed Improvement value
$274,300
Assessed Land value
$1,400,600
Land Recorded
Land Court
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Topography
Level
Location
Other
Total Assessed value
$1,674,900
Tax History
| Year | Taxes | Source |
|---|---|---|
| 2023 | $5,862 | MLS #202310419 |
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 2842 Kaimuki Ave
Which year was this multi-family built?
This multi-family was build in 1967.
Which year was this property last sold?
This property was sold in 2024.
What is the full address of this Multi-Family?
2842 Kaimuki Ave, Honolulu, HI, 96816.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Marcus Realty.
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: Mar 25, 2024
Verhouse Last checked 1 minute ago
The closest grocery stores are Foodland, 0.08 miles away and Safeway Kapahulu, 0.21 miles away.
The Kapahulu neighborhood has a population of 364,089, and 30% of the families have children. The median age is 45.02 years and 65% commute by car. The most popular housing type is "apartment" and 51% is renter.