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2902 Varsity Circle, Honolulu, HI 96826
21 min walk to Kanewai Community Park
6 min drive to Waikiki Beach
7 min drive to Ala Wai Golf Course
7 min drive to The Wall
6 min drive to Three's
About lifestyles
Don’t miss this rare-find two-story apartment complex with 8 EASY TO RENT studios and SOLID tenant pool, conveniently located near University of Hawaii at Manoa, Ala Moana Center, Waikiki, restaurants, hospitals, businesses, and bus lines, with easy access to major roads and freeways. This apartment has 8 separate electric meters, 6-8 parking spaces (depending on the size of the cars), coin-operated laundry, quiet interiors despite close proximity to the freeway, green surroundings as it directly faces an empty field maintained by UH, and cul-de-sac location, which means private living, less crowded, and safer environment. All units have ceramic tile flooring and identical designs with maximum rentability. Excellent investment opportunity! Jump on this great deal before it disappears! Property to be conveyed As Is, Where Is.
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Multi-family details
1954 year built
- Year Built 1954
- Year Remodeled 1960
- Original list price $1,900,000
- Days on market 285
- Building type Apartments
- Price per sqft $1,030/sqft
-
Address
2902 Varsity Circle, Honolulu, HI, 96826
- Neighborhood University
- Land tenure FS - Fee Simple
- Land SqFt 6,130 sqft
- View Other
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No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$9,688
Taxes
$429
HOA dues
$0
Mortgage
Down payment
$380,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$9,688 / month
Neighborhood: University
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
14 / 20
Somewhat 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
8 total units
# of 1 Bd
0
# of 2 Bd
0
# of 3 Bd
0
Total Units
8
Amenities & Features
8 parking places
Stories
Two
Roof
Composition
Construction
Concrete
Utilities
Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Water
Property Condition
Average
Parking
Open
nr.of parking places
8
Amenities
None
Income
Net Operating Income: $80,000
Total Actual Rent
$9,600
Total Annual Operating Expenses
$37,000
Total Income
$117,000
Net Operating Income
$80,000
University prices
Average price $1.19m
Neighborhood average sales price*
$1.19m
Neighborhood median sales price*
$1.22m
Number or sales*
7
*last 6 months
Schools
15 schools with rating up to 9
| School rating | Distance | |
|---|---|---|
| out of 10 |
Prince Jonah Kuhio Elementary School
2759 South King St,
Honolulu, HI 96826
Elementary School
|
0.226mi |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
Middle School
|
0.293mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
High School
|
0.293mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Prince Jonah Kuhio Elementary School
2759 South King St,
Honolulu, HI 96826
|
0.226mi |
|
Aikane O Hokulani
2940 Kamakini St,
Honolulu, HI 96816
|
0.239mi | |
| out of 10 |
Hokulani Elementary School
2940 Kamakini St,
Honolulu, HI 96816
|
0.27mi |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
0.501mi | |
| out of 10 |
Education Laboratory Public Charter School
1776 University Ave,
Honolulu, HI 96822
|
0.56mi |
| School rating | Distance | |
|---|---|---|
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.293mi | |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
0.501mi | |
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
|
0.541mi | |
| out of 10 |
Education Laboratory Public Charter School
1776 University Ave,
Honolulu, HI 96822
|
0.56mi |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.629mi |
| School rating | Distance | |
|---|---|---|
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.293mi | |
| out of 10 |
Kaimuki High School
2705 Kaimuki Ave,
Honolulu, HI 96816
|
0.32mi |
|
Lutheran High School Of Hawaii
1404 University Avenue,
Honolulu, HI 96822
|
0.448mi | |
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
|
0.541mi | |
| out of 10 |
Education Laboratory Public Charter School
1776 University Ave,
Honolulu, HI 96822
|
0.56mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
New Listing Feb 11, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Feb 11, 2024 | New Listing | $1,900,000 | $1,030.37 | MLS #202403396 |
| Feb 11, 2024 | Coming Soon | $1,900,000 +27.69% | $1,030.37 | MLS #202403396 |
| Jun 8, 2017 | Sold | $1,488,000 +55% from last sold price | $806.94 | Public Record |
| Apr 21, 2017 | In Escrow - not showing | $1,488,000 | $806.94 | MLS #201702623 |
| Mar 31, 2017 | Active Under Contract | $1,488,000 | $806.94 | MLS #201702623 |
| Feb 14, 2017 | New Listing | $1,488,000 -5.82% | $806.94 | MLS #201702623 |
| Jan 27, 2017 | Cancelled | $1,580,000 | $856.83 | MLS #201621518 |
| Jan 27, 2017 | Back On Market | $1,580,000 | $856.83 | MLS #201621518 |
| Oct 31, 2016 | In Escrow - not showing | $1,580,000 | $856.83 | MLS #201621518 |
| Oct 31, 2016 | Active Under Contract | $1,580,000 | $856.83 | MLS #201621518 |
| Aug 18, 2016 | New Listing | $1,580,000 +64.58% | $856.83 | MLS #201621518 |
| Jul 30, 2008 | Sold | $960,000 -12.33% from last sold price | $520.61 | Public Record |
| Jun 17, 2008 | Active Under Contract | $1,095,000 | $593.82 | MLS #2802223 |
| Apr 26, 2008 | Price Decrease | $1,095,000 -8.37% | $593.82 | MLS #2802223 |
| Apr 25, 2008 | Back On Market | $1,195,000 | $648.05 | MLS #2802223 |
| Apr 16, 2008 | Active Under Contract | $1,195,000 | $648.05 | MLS #2802223 |
| Mar 24, 2008 | Price Decrease | $1,195,000 -7.72% | $648.05 | MLS #2802223 |
| Feb 5, 2008 | New Listing | $1,295,000 +60.67% | $702.28 | MLS #2802223 |
| May 21, 2007 | Sold | $806,000 -2.77% from last sold price | $437.09 | Public Record |
| Apr 1, 2007 | Expired | $829,000 | $449.57 | MLS #2620130 |
| Feb 7, 2007 | In Escrow - not showing | $829,000 | $449.57 | MLS #2620130 |
| Feb 7, 2007 | Back On Market | $829,000 | $449.57 | MLS #2620130 |
| Jan 31, 2007 | Hold | $829,000 | $449.57 | MLS #2620130 |
| Nov 2, 2006 | New Listing | $829,000 -2.47% | $449.57 | MLS #2620130 |
| Oct 18, 2006 | Cancelled | $850,000 | $460.95 | MLS #2611556 |
| Sep 29, 2006 | Hold | $850,000 | $460.95 | MLS #2611556 |
| Sep 6, 2006 | Price Decrease | $850,000 -5.03% | $460.95 | MLS #2611556 |
| Jun 19, 2006 | New Listing | $895,000 | $485.36 | MLS #2611556 |
Tax & MLS details 2902 Varsity Circle, Honolulu, HI, 96826
11 - A-1 Low Density Apartment zoning / MLS #202403396
Current Property Taxes p/month
$429
Property Tax Year
2023
Assessed Improvement value
$143,600
Assessed Land value
$1,327,300
TMK
1-2-8-025-013-0000
Land Recorded
Land Court
Zoning
11 - A-1 Low Density Apartment
Flood Zone
Zone X
Topography
Level
Location
Cul-De-Sac,Inside
Lot Description
Flag Lot
Property Setbacks
None
Total Assessed value
$1,470,900
Listed by
Kona Realty All Islands LLC
(808) 308-2400
(808) 308-2400
MLS #
202403396
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 2902 Varsity Circle
When was this multi-family home built and last sold?
This house was build in 1954.
What is the full address of this multi-family home?
2902 Varsity Circle, Honolulu, HI, 96826.
Are there beaches near 2902 Varsity Circle?
The nearest beach is 1.211 miles away, called Waikiki Beach. It should take about 6 min drive.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Kona Realty All Islands 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 February 10, 2024.
Hawaii House Last checked less than a minute ago.
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