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$2,888,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 1003 3rd Ave

General

  • Price: $2,888,000
  • Taxes: $10,368
  • Status: Active
  • Type: Multi-Family
  • Source: Honolulu_Board_Of_Realtors
  • MLS ID: 202413986
  • Updated: 3/20/2025
  • Added to Site: 346 day(s) ago

Rental Information

  • Complex Features: None

Interior

  • Furnishings: Partially

Rooms

Other Rooms

  • Laundry: In Unit, None

Parking

  • Total Spaces: 12
  • Parking Features: Open

Location

  • Area: DiamondHd
  • County: Oahu
  • Subdivision: KAIMUKI

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air

Utilities

  • Sewer: Connected
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Water Available, Sewer Connected

Structural Information

  • Structure Type: Multi Family
  • Detached/Attached: Detached
  • Construction: Single Wall
  • Stories/Levels: 1
  • Year Built: 1942
  • Property Condition: Average Condition

Lot Features

  • Property View: City, Other
  • Lot Size: 15600
  • Topography: Level, Sloping
  • Lot Features: Other, Level
  • Zoning: 07 - R-3.5 Residential District

Financial Considerations

  • Operating Expenses: $32,197
  • Assessment Amount: $2,961,100
  • Tax Amount: $10,368
  • Tenant Pays: Electricity, Gas

Disclosures and Reports

  • Special Conditions: None
  • Disclosures/Reports: None
  • Disclosures/Rstr.: None
  • Property ID: 1-3-2-010-048-0000

Listed by Five Star Realty, Inc. and Top Property Management LLC

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Listing agents

— 1003 3rd Ave —

  • Five Star Realty, Inc.

  • Top Property Management LLC

(808) 382-6871

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1003 3rd Ave

School District:Hawaii Department Of Education
RatingNameGradesDistance
5
Prince Jonah Kuhio Elementary School
2759 S King St, Honolulu, HI 96826
K-50.6 mi
6
President George Washington Middle School
1633 S King St, Honolulu, HI 96826
6-81.7 mi
2
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
9-120.5 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1003 3rd Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/12/2024
Price Increased
$2,888,000
5.02%
MLS
6/11/2024
Listed
$2,750,000
10.49%
MLS
7/07/2022
Sold
$2,488,888
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1003 3rd Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,364
—
$3,031,400
2%
2023
$10,341
11%
$2,961,100
—
2022
$9,358
—
$2,954,700
11%
2022
$9,358
8%
$2,673,800
8%
2021
$8,692
—
$2,483,500
5%
2021
$8,692
8%
$2,358,100
2%
2018
$8,054
4%
$2,301,200
4%
2017
$7,750
-5%
$2,214,400
-5%
2019
$8,170
6%
$2,334,200
6%
2016
$7,732
7%
$2,209,000
7%
2015
$7,237
14%
$2,067,700
12%
2013
$6,370
—
$1,847,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1003 3rd Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Listed by Five Star Realty, Inc. and Top Property Management LLC

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1003 3rd Avenue, Honolulu, HI 96816 (MLS# 202413986) is a Multi-Family property with 12 units containing 0 bedrooms and 0 full bathrooms. 1003 3rd Avenue is currently listed for $2,888,000 and was received on June 11, 2024. Want to learn more about 1003 3rd Avenue? Do you have questions about finding other Multi-Family real estate for sale in Honolulu? You can browse all Honolulu real estate or contact a Coldwell Banker agent to request more information.

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