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1003 3rd Ave, Honolulu, HI 96816
5 min walk to Crane Community Park
5 min drive to Waikiki Beach
24 min walk to Ala Wai Golf Course
28 min walk to The Wall
28 min walk to Graveyards
About lifestyles
HUGE PRICE REDUCTION! Investor's gem in the highly desired Kaimuki area. This rare opportunity with a lot size of 15,600 sq. ft. in a R-3.5 zone. The property currently has a total of 12 rental units (5 Studios, 6 One Bedroom, 1 Two Bedroom). 5 separate
structures on a corner block of your own stretching from 3rd Ave to Palima Pl., across Pahoa Ave. Property has 11
individual electric meters, 11 individual gas meters, and 2 water meters. Conveniently located near freeway on/off
ramps, handful of restaurants and businesses on Waialae Ave. & Kapahulu Ave, Market City Shopping Center,
Kapahulu Shopping Center, Waikiki. Buyers to do their own due diligence. Photos with outlines are only for
general guidelines and do not depict actual lot boundaries. ALL SHOWINGS ARE BY APPOINTMENT ONLY, PLEASE
DO NOT ENTER THE PREMISES AND DISTURB THE TENANTS.
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Multi-family details
1942 year built
- Year Built 1942
- Original list price $2,750,000
- Days on market 82
- Building type Multi Dwellings
-
Address
1003 3rd Ave, Honolulu, HI, 96816
- Frontage Other
- Neighborhood Kaimuki
- Land tenure FS - Fee Simple
- Land SqFt 15,600 sqft
- View City, Other
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$14,726
Taxes
$864
HOA dues
$0
Mortgage
Down payment
$577,600 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$14,726 / month
Neighborhood: Kaimuki
Nearby & commute
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
16 / 20
Very 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
12 total units
# of 1 Bd
5
# of 2 Bd
1
# of 3 Bd
0
Total Units
12
Amenities & Features
12 parking places
Stories
One, Two
Furnished
Partial
Roof
Asphalt Shingle, Other
Construction
Single Wall
Utilities
Cable, Gas, Internet, Overhead Electricity, Public Water, Water
Property Condition
Average
Parking
Open
nr.of parking places
12
Amenities
None, A/C
Income
Net Operating Income: $162,023
Total Actual Rent
$16,185
Total Annual Operating Expenses
$32,197
Total Income
$194,220
Net Operating Income
$162,023
Kaimuki prices
No information about average prices in this area
Street median sales price*
$180k
Median sale price Harbor Lights*
$227.5k
*last 6 months
About Kaimuki
The neighborhood of Kaimuki was once the suburbs of Honolulu and is now considered urban. Development in this neighborhood began in the early 1900's and many of those home that were built before 1930's remain in some form. Then another growth spurt Read more
Schools
15 schools with rating up to 9
| School rating | Distance | |
|---|---|---|
|
St Patrick School
3320 Harding Avenue,
Honolulu, HI 96816
Elementary School
|
0.303mi | |
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
Middle School
|
0.217mi | |
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
High School
|
0.217mi |
| School rating | Distance | |
|---|---|---|
|
St Patrick School
3320 Harding Avenue,
Honolulu, HI 96816
|
0.303mi | |
| out of 10 |
Aliiolani Elementary School
1240 7th Ave,
Honolulu, HI 96816
|
0.402mi |
|
Aikane O Hokulani
2940 Kamakini St,
Honolulu, HI 96816
|
0.423mi | |
| out of 10 |
Hokulani Elementary School
2940 Kamakini St,
Honolulu, HI 96816
|
0.488mi |
| out of 10 |
King Liholiho Elementary School
3430 Maunaloa Ave,
Honolulu, HI 96816
|
0.507mi |
| School rating | Distance | |
|---|---|---|
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
|
0.217mi | |
|
St Patrick School
3320 Harding Avenue,
Honolulu, HI 96816
|
0.303mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.828mi | |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.847mi | |
|
Kaimuki Christian School
1117 Koko Head Ave,
Honolulu, HI 96816
|
0.852mi |
| School rating | Distance | |
|---|---|---|
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
|
0.217mi | |
| out of 10 |
Kaimuki High School
2705 Kaimuki Ave,
Honolulu, HI 96816
|
0.386mi |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.828mi | |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.847mi | |
|
Kaimuki Christian School
1117 Koko Head Ave,
Honolulu, HI 96816
|
0.852mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Price Increase Oct 11, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Oct 11, 2024 | Price Increase | $2,888,000 +5.02% | 0 | MLS #202413986 |
| Oct 11, 2024 | Back On Market | $2,750,000 | 0 | MLS #202413986 |
| Jul 10, 2024 | Active Under Contract | $2,750,000 | 0 | MLS #202413986 |
| Jun 11, 2024 | New Listing | $2,750,000 -18.64% | 0 | MLS #202413986 |
| Apr 5, 2024 | Cancelled | $3,380,000 | 0 | MLS #202320181 |
| Apr 5, 2024 | Back On Market | $3,380,000 | 0 | MLS #202320181 |
| Mar 19, 2024 | Active Under Contract | $3,380,000 | 0 | MLS #202320181 |
| Sep 1, 2023 | New Listing | $3,380,000 +35.8% | 0 | MLS #202320181 |
| Jul 18, 2022 | Sold | $2,488,890 -16.76% from last sold price | 0 | Public Record |
| Jul 6, 2022 | In Escrow - not showing | $2,989,888 | 0 | MLS #202201670 |
| Jun 25, 2022 | Back On Market | $2,989,888 | 0 | MLS #202201670 |
| Apr 27, 2022 | Active Under Contract | $2,989,888 | 0 | MLS #202201670 |
| Apr 26, 2022 | Price Decrease | $2,989,888 -4.44% | 0 | MLS #202201670 |
| Jan 26, 2022 | New Listing | $3,128,888 | 0 | MLS #202201670 |
Tax & MLS details 1003 3rd Ave, Honolulu, HI, 96816
07 - R-3.5 Residential District zoning / MLS #202413986
Current Property Taxes p/month
$864
Property Tax Year
2024
Assessed Improvement value
$234,600
Assessed Land value
$2,726,500
TMK
1-3-2-010-048-0000
Land Recorded
Regular System
Zoning
07 - R-3.5 Residential District
Flood Zone
Zone X
Topography
Gentle Slope,Level
Location
Other
Lot Description
Other
Property Setbacks
C&C, Of Record
Total Assessed value
$2,961,100
Listed by
Five Star Realty, Inc.
(808) 382-6871
(808) 382-6871
MLS #
202413986
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Frequently asked questions for 1003 3rd Ave
When was this multi-family home built and last sold?
This house was build in 1942.
What is the full address of this multi-family home?
1003 3rd Ave, Honolulu, HI, 96816.
Are there beaches near 1003 3rd Ave?
The nearest beach is 1.159 miles away, called Waikiki Beach. It should take about 5 min drive.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Five Star Realty, Inc.. 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 October 11, 2024.
Hawaii House Last checked 1 minute ago.
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