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.
Closed
$2,425,000
1126 3rd Ave, Honolulu, HI 96816
--beds
0baths
4,857sqft
Multi Family
Built in 1931
-- sqft lot
$2,605,800 Zestimate®
$499/sqft
$2,708 Estimated rent
What's special
Zillow last checked: 7 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#: 202306339

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
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$2,605,800
2% more+ $52,116
With Zillow Showcase(estimated)
$2,657,916