Cheryl Nekota R GRI RB-21226

Cheryl Nekota R, GRI
RB-21226

(808) 258-4264
Direct
(808) 738-4352
Office
(808) 585-2464
Fax

BHGRE Advantage Realty

4211Waialae Ave.
Box 9050
Honolulu, HI 96816

(808) 738-4352

2993 A Koali Road, Honolulu, HI 96826

SOLD

27beds15full baths1half bath
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Property Info
Status:Sold
MLS #:201715253
Beds:27
Baths:16 Baths (15 F, 1 H)
Type:Multi-Family
Size:9,985 ft²
Lot Size:28,272 ft² (0.65 acres)
Features
  • 9 Buildings separated into 14 living units.
  • Sale includes 3 parcels of approx 28,272 sq ft of land zoned R-5.
  • Each unit has private laundry hookups.
  • Conviniently located minutes to the University of Hawaii and Downtown Honolulu.
  • Redevelop or use for Investment / Cashflow.
Remarks

2985 & 2993-A Koali Road

Here is a rare opportunity to purchase over 28,272 sq ft of land with 9 dwellings separated into 14 units in the heart of Honolulu.  This property is located on the outskirts of the University of Hawaii - Manoa, and minutes away from Waikiki and Downtown Honolulu.  

(The tax records may differ from the actual property.  The sale includes 3 parcels:   TMK's 1-2-8-27-19,  1-2-8-27-10, and 1-2-8-27-1, which must all be sold together.)


Property Info:

  • 3 TMK Parcels – approx. 28,272 sq ft.
  • Zoned R-5.
  • 9 Buildings that total approx. 9,985 interior sq ft.
  • Structures built between 1941 - 1946.

2016 Property Tax Info:

  • Land Tax Assessed Value -       $3,068,100
  • Improvements Tax Assessed Value - $   607,300
  • Total Tax Assessed Value -      $3,675,400

Rental Info:

  • The 9 Buildings are divided into 14 rentals:
(11)–  2 Bedroom / 1 Bath Units 
(2) –   1 Bedroom / 1 Bath Units
  (1) –   3 Bedroom  / 1 Bath Unit
  • All 14 Units are occupied.
  • 5 units are occupied rent free.
  • 3 units are rented under market value and include utilities.
  • Lease periods vary, with some tenants on a month to month lease.
  • Individual Laundry Facilities.
  • Each Unit has a separate gas meter.
  • Each Unit has a separate electric meter.*
  • Each tenant is responsible for all utilities and services, EXCEPT for water and sewer.

*Buildings 2985, 2985 C, 2985 D, and Storage all share one meter.


Additional Information:

For additional information, please click on the DOCUMENTS TAB located on the right.

  • Google Aerial Map
  • Building Map

Additional Information is available upon request.


Showings are by appointment only.  Please do not walk on property or disturb the tenants.






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*Rates for March 2025. Information displayed is accurate as of the date of the latest update and is subject to change without notice. Loan pricing can only be locked through a home mortgage consultant. Other restrictions may apply. The Rate/APR and other terms may vary from those displayed based on the creditworthiness of the borrower, the type of dwelling, whether the borrower is self-employed, the location of the property and other factors. Please contact a lender in your area to determine what rates you qualify for.

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Local Schools

School NameTypeDistanceGreatSchools Rating
Hokulani Elementary School
2940 Kamakini St, Honolulu, HI 96816
(808) 733-4789
public
0.03 mi
Aikane O Hokulani
2940 Kamakini St, Honolulu, HI 96816
(808) 733-4789
private
0.09 mi
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
(808) 739-7777
private
0.39 mi
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
(808) 733-4900
public
0.44 mi
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
(808) 973-0085
public
0.46 mi
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
(808) 947-4430
private
0.53 mi
Lutheran High School Of Hawaii
1404 University Avenue, Honolulu, HI 96822
(808) 949-5302
private
0.6 mi
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
(808) 945-7765
private
0.67 mi
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
(808) 956-7833
charter
0.67 mi
Aliiolani Elementary School
1240 7th Ave, Honolulu, HI 96816
(808) 733-4750
public
0.68 mi
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
(808) 734-8979
private
0.72 mi
Mid-Pacific Institute
2445 Kaala Street, Honolulu, HI 96822
(808) 973-5001
private
0.8 mi
St Francis School
2707 Pamoa Road, Honolulu, HI 96822
(808) 988-4111
private
0.82 mi
Iolani School
563 Kamoku St, Honolulu, HI 96826
(808) 949-5355
private
0.85 mi
Noelani Elementary School
2655 Woodlawn Dr, Honolulu, HI 96822
(808) 988-1858
public
0.97 mi
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
(808) 973-0070
public
1.01 mi
King Liholiho Elementary School
3430 Maunaloa Ave, Honolulu, HI 96816
(808) 733-4850
public
1.01 mi
William P Jarrett Middle School
1903 Palolo Ave, Honolulu, HI 96816
(808) 733-4888
public
1.13 mi
Queen Lydia Liliuokalani Elementary School
3633 Waialae Ave, Honolulu, HI 96816
(808) 733-4680
public
1.25 mi
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
(808) 973-0270
public
1.26 mi
Kaimuki Christian School
1117 Koko Head Ave, Honolulu, HI 96816
(808) 732-1781
private
1.26 mi
Sacred Hearts Academy
3253 Waialac Avenue, Honolulu, HI 96816
(808) 734-5058
private
1.26 mi
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
(808) 952-8400
private
1.28 mi
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
(808) 952-7320
private
1.33 mi
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
(808) 733-4999
public
1.33 mi
GreatSchools
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RB-21226

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