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  • $2,425,000

    1126 3rd Ave, Honolulu, HI 96816

    --beds
    0baths
    4,857sqft
    Multi Family
    Built in 1931
    -- sqft lot
    $2,524,900 Zestimate®
    $499/sqft
    $2,688 Estimated rent

    Home value

    $2,524,900

    $2.05M - $3.13M

    $2,688/mo

    Zestimate® history
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    $2,688/mo

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    $2,688/mo

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    $10,838/mo

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    $10,838/mo

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    What's special

    Rare investment opportunity in popular Kaimuki offering a unique combination of a duplex, a triplex, and a two story large dwelling containing 7 rented rooms + 2 rental apartments underneath. 17 parking stalls is a huge bonus value. Property is 15,000 sq.ft. R-3.5 fee simple. Good net income and nearly 0% vacancy (past 18 years of management by listor). Largest dwelling has 7 rented rooms, a large common kitchen, high ceilings and community storage underneath. 3 rooms have complete bathrooms inside the rooms, one has a half bath, and three share the two common toilet rooms/one shower stall room. All rooms have individual refrigerators and sinks. Under this building are two apartments (studio and one bedroom). The two additional buildings contain 1 studio, 2 one bedroom apartments, 1 two bedroom apartment, and 1 three bedroom apartment. 2 washers/2 dryers in coin operated laundry room. 2 electric meters/6 gas meters. Remodeling the front dwelling to be an owner/occupant home for the buyer would create a 2nd triplex and more lending options. 7 apartment rentals would remain for income. Three generations of the same family have enjoyed ownership the past 78 years.

    Zillow last checked: 8 hours ago

    Listing updated: June 14, 2024 at 11:21pm

    Listed by:

    Sue Young 808-946-1145,

    Sue Young

    Bought with:

    Joshua D Nelson, RS-70194

    Harcourts Island Real Estate

    Source: HiCentral MLS,MLS#: 202306339MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Cooling
    • Central Air
    Appliances
    • Laundry: Coin-operated, In Unit
    Interior area
    • Total structure area: 4,857
    • Total interior livable area: 4,857 sqft

    Property

    Parking
    • Total spaces: 17
    • Parking features: Assigned, Covered, Open
    • Has uncovered spaces: Yes
    Features
    • Levels: One,Two
    • Stories: 1
    • Has view: Yes
    • View description: Garden
    • Frontage type: Other
    Lot
    • Features: Cleared, Other
    • Topography: Sloping
    Details
    • Parcel number: 1320010360000
    • Zoning description: 07 - R-3.5 Residential District
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Single Wall, Wood Frame
    • Foundation: Slab
    Condition
    • Good Condition
    • Year built: 1931
    • Major remodel year: 2020

    Utilities & green energy

    • Sewer: Connected
    • Water: Public
    • Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected

    Community & neighborhood

    Community
    • Community features: None, Storage Facilities
    Location
    • Region: Honolulu
    • Subdivision: Kaimuki

    Price history

    DateEventPrice
    7/11/2023Sold$2,425,000-10.2%$499/sqft
    Source: HiCentral MLS #202306339
    4/16/2023Contingent$2,700,000$556/sqft
    Source: HiCentral MLS #202306339
    3/18/2023Listed for sale$2,700,000$556/sqft
    Source: HiCentral MLS #202306339

    Public tax history

    YearProperty taxesTax assessment
    2025$9,357 -3.5%$2,673,300 -3.5%
    2024$9,692 +26.4%$2,769,200 +26.4%
    2023$7,666 -7.7%$2,190,400 -7.7%

    Find assessor info on the county website

    Neighborhood: Kaimuki

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $2,524,900
    2% more+ $50,498
    With Zillow Showcase(estimated)
    $2,575,398