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3206 Ala Ilima Sts Honolulu, HI, 96818

Neighborhood: Salt Lake

$11,000,000 $1,000,000 Multi-Family for sale 8,096 sqft

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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Property details

1973 year built
View
City, Garden
Price per sqft
$1,358/sqft
Days on Verhouse
81
Address
3206 Ala Ilima Sts, Honolulu, HI, 96818
City of Hawaii
Honolulu
Island
Oahu
Building type
Apartments
Year Built
1973
Land tenure
FS - Fee Simple
Neighborhood
Salt Lake
District
Honolulu

Open Houses

No upcoming open houses

Interior Features

38 parking places
Stories
Three
Furnished
Partial
Roof
Pitch & Gravel
Utilities
Cable, Gas, Internet, Public Water, Sewer Fee, Telephone, Underground Electricity, Water
Property Condition
Above Average
nr.of parking places
38
Garage & Parking
Assigned
Amenities
None

Listed by

Nancy T Morton, CBI Residential Advisory Svcs.
(808) 942-7100
Name
Nancy T Morton
License number
RS-72189
Brokerage company
CBI Residential Advisory Svcs.
(808) 942-7100
MLS #
202403475

Payment calculator

Calculate your monthly payments
Mortgage
$33,773
Taxes
$1,632
HOA dues
$0
$35,405 per month
Mortgage
$2,200,000 / 20%
2.28%
30 years
Your amount $33,773 / month

Exterior Features

Concrete, Double Wall, Masonry/Stucco construction and more
Construction
Concrete, Double Wall, Masonry/Stucco

Lot details

TMK #1110590180000
Lot Description
Clear
Parcel nr.
1110590180000

Salt Lake 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 Salt Lake

44%
Families with children
National average: 39%
23%
Non family households
276,737
Population
$143,074
Average Income

Age & gender

Median age 36 years
More info

Commute types

81% commute by car
More info

Education level

25% have high school education
More info

Number of employees

4% work in education and healthcare
More info

Vehicles available

40% have 2 vehicle
More info

Vehicles by gender

40% have 2 vehicle
More info

Housing market insights for #30 units

$713.78k
Neighborhood average
sales price*
$530k
Neighborhood median
sales price*
151
Number
of sales*

Housing type

34% are single detacheds
More info

Rooms

38% of the houses have 4 or 5 rooms
More info

Bedrooms

62% have 2 or 3 bedrooms
More info

Owners vs Renters

54% are renters
More info
11.17 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Unit Information

# of 3 Bd
30

Income

Total Actual Rent
$46,625

Schools

15 schools with rating up to 9
School rating Distance
9
out of 10
Aliamanu Elementary School
3265 Salt Lake Blvd, Honolulu, HI 96818
Elementary School
0.246mi
9
out of 10
Aliamanu Elementary School
3265 Salt Lake Blvd, Honolulu, HI 96818
Middle School
0.246mi
9
out of 10
Moanalua High School
2825 Ala Ilima St, Honolulu, HI 96819
High School
0.74mi
School rating Distance
9
out of 10
Aliamanu Elementary School
3265 Salt Lake Blvd, Honolulu, HI 96818
0.246mi
8
out of 10
Salt Lake Elementary School
1131 Ala Lilikoi St, Honolulu, HI 96818
0.396mi
6
out of 10
Pearl Harbor Elementary School
1 Moanalua Ridge, Honolulu, HI 96818
1.205mi
9
out of 10
Moanalua Elementary School
1337 Mahiole St, Honolulu, HI 96819
1.307mi
NR
Holy Family Catholic Academy
830 Main Street, Honolulu, HI 96818
1.309mi
School rating Distance
9
out of 10
Aliamanu Elementary School
3265 Salt Lake Blvd, Honolulu, HI 96818
0.246mi
5
out of 10
Aliamanu Middle School
3271 Salt Lake Boulevard, Honolulu, HI 96818
0.265mi
8
out of 10
Moanalua Middle School
1289 Mahiole St, Honolulu, HI 96819
1.196mi
6
out of 10
Pearl Harbor Elementary School
1 Moanalua Ridge, Honolulu, HI 96818
1.205mi
9
out of 10
Moanalua Elementary School
1337 Mahiole St, Honolulu, HI 96819
1.307mi
School rating Distance
9
out of 10
Moanalua High School
2825 Ala Ilima St, Honolulu, HI 96819
0.74mi
8
out of 10
Admiral Arthur W Radford High School
4361 Salt Lake Blvd, Honolulu, HI 96818
1.426mi
NR
Assets School
1 Ohana Nui Way, Honolulu, HI 96818
1.463mi
NR
Christian Academy
3400 Moanalua Road, Honolulu, HI 96819
1.482mi
NR
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

Salt Lake Median sales price 2024

Bedrooms Med. price % of listings
Not specified $189.9k 6%
1 bed $426k 8%
2 beds $438k 68%
3 beds $680k 10%
4 beds $1.44m 4%
5 beds $1.53m 2%
6 beds $1.74m 2%
Date Event Price $/sqft Source
Mar 27, 2024 Price Decrease $11,000,000 -8.33% 1358.7 MLS #202403475
Feb 29, 2024 Price Decrease $12,000,000 -7.69% 1482.21 MLS #202403475
Feb 12, 2024 New Listing $13,000,000 1605.73 MLS #202403475

Taxes of 3206 Ala Ilima Sts, Honolulu, HI, 96818

12 - A-2 Medium Density Apartme zoning / MLS #202403475
Current Property Taxes p/month
$1,632
Assessed Improvement value
$1,966,200
Assessed Land value
$3,889,400
Land Recorded
Regular System
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone A
Topography
Level
Total Assessed value
$5,855,600

Tax History

Year Taxes Source
2023 $19,584 MLS #202403475
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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.

Agent viewpoints of 3206 Ala Ilima Sts, Honolulu, HI, 96818

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Frequently Asked Questions about 3206 Ala Ilima Sts

Which year was this multi-family built?

This multi-family was build in 1973.

What is the full address of this Multi-Family?

3206 Ala Ilima Sts, Honolulu, HI, 96818.

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..
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 27, 2024
Verhouse Last checked less than a minute ago


The closest grocery stores are Safeway 0211, 0.19 miles away and Times Supermarkets, 2.57 miles away.
The Salt Lake neighborhood has a population of 276,737, and 44% of the families have children. The median age is 36.69 years and 81% commute by car. The most popular housing type is "single detached" and 54% is renter.
Multi-Family For sale $11m  $1,000,000 3206 Ala Ilima Sts, Honolulu, HI, 96818 8,096 sqft Save House Remove from Saved