$2,700,0001126 3rd Ave

1126 3rd Ave, Honolulu, HI, 96816

$2,700,000

0 Baths
Multi
Schools Nearby

Location

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Property Highlights

Home TypeMulti Family
ParkingAssigned, Covered, Open
Year Built1931
WaterfrontOther
ViewGarden
MLS #202306339
StatusActive

About 1126 3rd Ave

Rare offering of a 15,000 sq.ft. parcel improved with three buildings and potential to build one more! Good income flow from the 14 rentals. Property family owned for 78 years and is their former home where they lived. New buyer could build their new residence on the back corner of the parking lot. This would eliminate just 3 of the 17 parking stalls. Largest dwelling is a legal registered boarding house with 7 rented rooms, a large common kitchen, lockers for each tenant, high ceilings and 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. Some tenants do light cooking in their rooms. 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. Washers/dryers in laundry room. Location near schools and shopping is in high demand for tenants. Vacancy rate has been near ZERO these past 18 years! One tenant now 52 years old was born here! This is a community of long term tenants.

Property Details

Property Features

Property Information:

  • Year Built: 1931

Listing Office:

  • Office Name: Sue Young
  • Office Phone: (808) 946-1145
  • Agent Phone: (808) 946-1145

Exterior Features

Exterior Information:

  • Waterfront: Other
  • View: Garden
  • Exterior: A/C, Storage

Parking Information:

  • Parking: Assigned, Covered, Open

School Info

Assigned Schools Information:

  • Kaimuki High School, Public District Grades 9-12
  • Anuenue School, Public District Grades PK-12
  • President George Washington Middle School, Public District Grades 6-8
  • Aliiolani Elementary School, Public District Grades PK-5

Price Details

Listing Price Info

Price Summary:

  • List Price: $2,700,000

Tax Information:

  • Annual Amount: $8,192
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Honolulu, HI.

Med. Sold Price

$647.5K

Med. Price/SqFt

$702

# of Sold Homes

196

1126 3rd Ave vs Honolulu

14 DAYS ON ROCKET

$2,700,000

+$2.0M More

KEY TAKEAWAY

This property is $2.0M more than the Median Sold Price in Honolulu, HI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #202306339

Listing Office:

  • Office Name: Sue Young
  • Office Phone: (808) 946-1145
  • Agent Phone: (808) 946-1145

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2023 by HiCentral MLS, Ltd.

Some of the 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.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/1/2023, 12:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$8,192$2,340,500
2020$6,890$1,968,800
2019$6,304$1,842,800
2018$6,305$1,801,400
2017$5,989$1,711,100

History based on county public records data.

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut
7
/10
  • Aliiolani Elementary School

  • 1240 7th Ave

  • Distance between this listing and this school
    0.35 miles

  • Public District Grades PK-5

Middle School

school-card-donut
5
/10
  • President George Washington Middle School

  • 1633 S King St

  • Distance between this listing and this school
    1.70 miles

  • Public District Grades 6-8

High School

school-card-donut
2
/10
  • Kaimuki High School

  • 2705 Kaimuki Ave

  • Distance between this listing and this school
    0.42 miles

  • Public District Grades 9-12

school-card-donut
6
/10
  • Anuenue School

  • 2528 10th Ave

  • Distance between this listing and this school
    1.76 miles

  • Public District Grades PK-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,542. The most common annual income of people living in Honolulu, HI is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Similar Homes For Sale

Living In Diamond Head / Kapahulu / Saint Louis Heights, Honolulu

What type of housing is available in Diamond Head / Kapahulu / Saint Louis Heights, Honolulu?

In Diamond Head / Kapahulu / St. Louis Heights, about half of buildings are single detached homes, while the remainder are mainly large apartment buildings and small apartment buildings. This neighborhood has a good variety of housing size options, ranging from lofts to four or more bedrooms. About 60% of the population of this neighborhood own their home whereas renters make up the remainder. Around 45% of homes in this part of Urban Honolulu were built pre-1960, while the majority of the remaining buildings were built in the 1960s.

Is Diamond Head / Kapahulu / Saint Louis Heights, Honolulu a good place to live?

The character of Diamond Head / Kapahulu / St. Louis Heights is exemplified by its calm ambience. This part of Urban Honolulu is fairly good for those who need a quiet atmosphere, as there are generally low levels of noise from traffic - although that is not the case near Lunalilo Freeway or Interstate H-1. Finally, there are a few green spaces close by for residents to unwind in, like Kapiolani Regional Park and Wa'ahila Ridge State Recreation Area, and they are very well-situated, which results in them being very easy to get to from the majority of locations within this neighborhood.

Are things conveniently located in Diamond Head / Kapahulu / Saint Louis Heights, Honolulu?

It is easy to access both a general and a specialty grocery store by walking from most houses for sale in Diamond Head / Kapahulu / St. Louis Heights. Furthermore, owing to 150-odd restaurants and cafes in this part of Urban Honolulu, there is typically a place to get a meal or beverage just around the corner. It is also very easy to access a selection of clothing stores on foot. In terms of education, in this area, locals will usually be able to get to both primary and secondary schools on foot. Along with public schools, there are private elementary and secondary schools.

What does the transportation in Diamond Head / Kapahulu / Saint Louis Heights, Honolulu look like?

Diamond Head / Kapahulu / St. Louis Heights permits home buyers to move around using a variety of methods of transportation. Active people will welcome the reasonably walk-friendly character of Diamond Head / Kapahulu / St. Louis Heights; all common errands can be run on foot, and there are also a fair number of businesses in proximity. With approximately 20 nearby bus lines, commuting by public transit is convenient in this neighborhood. Driving is also a good transportation option in this area. Nearby highways, such as Lunalilo Freeway, are quite easy to reach from any location in Diamond Head / Kapahulu / St. Louis Heights, and it is easy to park.

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Rocket HomesHawaiiHonolulu CountyHonolulu968161126 3rd Ave

This home is located at 1126 3rd Ave in Honolulu, HI and zip code 96816 in the Diamond Head / Kapahulu / Saint Louis Heights neighborhood. This home was built in 1931. It has been listed on Rocket Homes since March 18, 2023 and is currently priced at $2,700,000.

While more than 24 listings in Honolulu, HI in February 2023 were sold above asking price, there were more than 39 listings sold at asking price, and more than 133 were sold below. The number of homes for sale in Honolulu, HI increased by 12.2% between January 2023 and February 2023.

From Rocket Homes Real Estate and based on county public records data.

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