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2325 Lime Street, Honolulu, HI 96826
5 min walk to Ala Wai Community Park
22 min walk to Duke Paoa Kahanamoku Beach Park
5 min drive to Ala Wai Golf Course
5 min drive to The Wall
24 min walk to Rock Piles
About lifestyles
PRIME CORNER LOT PERFECT FOR BILL 7 CONSIDERATION! This large 10,000+ sf corner lot has convenient access to public transportation, the freeway, University of Hawaii and local schools. The apartment building has eight 2-bedroom/1-bath units with mostly long-term tenants who have benefited from under-market rents. The majority of tenants are on month-to-month rental. Here’s an opportunity to upgrade units to maximize income. Or rebuild, taking advantage of the City & County’s Bill 7 and Bill 3. Buyers to do their own due diligence regarding these programs and the significant concessions available to builders. Priced at commercial appraisal dated July 10, 2024. Do not disturb tenants or walk on the property without a prior appointment.
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Multi-family details
1944 year built
- Year Built 1944
- Original list price $3,750,000
- Days on market 28
- Building type Apartments
- Price per sqft $568/sqft
-
Address
2325 Lime Street, Honolulu, HI, 96826
- Frontage Other
- Neighborhood Moiliili
- Land tenure FS - Fee Simple
- Land SqFt 10,115 sqft
- View None
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$19,121
Taxes
$830
HOA dues
$0
Mortgage
Down payment
$750,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$19,121 / month
Neighborhood: Moiliili
Nearby & commute
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
14 / 20
Somewhat walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index
Unit Information
8 total units
# of 1 Bd
0
# of 2 Bd
8
# of 3 Bd
0
Total Units
8
Amenities & Features
6 parking places
Stories
Two
Furnished
None
Roof
Composition
Construction
Masonry/Stucco, Wood Frame
Utilities
Cable, Gas, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Property Condition
Average, Fair
Parking
Assigned, Open
nr.of parking places
6
Amenities
None
Income
Net Operating Income: $-8,117
Total Actual Rent
$6,795
Total Annual Operating Expenses
$89,652
Total Income
$81,535
Net Operating Income
$-8,117
Moiliili prices
Average price $896.11k
Neighborhood average sales price*
$896.11k
Neighborhood median sales price*
$900k
Number or sales*
7
Street median sales price*
$792.5k
*last 6 months
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
| out of 10 |
Ala Wai Elementary School
503 Kamoku St,
Honolulu, HI 96826
Elementary School
|
0.24mi |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
Middle School
|
0.369mi | |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
High School
|
0.369mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Ala Wai Elementary School
503 Kamoku St,
Honolulu, HI 96826
|
0.24mi |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.369mi | |
| out of 10 |
King William Lunalilo Elementary School
810 Pumehana St,
Honolulu, HI 96826
|
0.422mi |
| out of 10 |
Prince Jonah Kuhio Elementary School
2759 South King St,
Honolulu, HI 96826
|
0.511mi |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
0.599mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.369mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.455mi | |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
0.599mi | |
| out of 10 |
President George Washington Middle School
1633 South King St,
Honolulu, HI 96826
|
0.738mi |
| out of 10 |
Education Laboratory Public Charter School
1776 University Ave,
Honolulu, HI 96822
|
0.758mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.369mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.455mi | |
|
Lutheran High School Of Hawaii
1404 University Avenue,
Honolulu, HI 96822
|
0.642mi | |
| out of 10 |
Kaimuki High School
2705 Kaimuki Ave,
Honolulu, HI 96816
|
0.733mi |
| out of 10 |
Education Laboratory Public Charter School
1776 University Ave,
Honolulu, HI 96822
|
0.758mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
New Listing Oct 18, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Oct 18, 2024 | New Listing | $3,750,000 | $567.67 | MLS #202415898 |
Tax & MLS details 2325 Lime Street, Honolulu, HI, 96826
12 - A-2 Medium Density Apartme zoning / MLS #202415895
Current Property Taxes p/month
$830
Property Tax Year
2024
Assessed Improvement value
$135,900
Assessed Land value
$2,710,800
TMK
1-2-7-005-043-0000
Land Recorded
Dual Systems
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone A
Topography
Level
Location
Corner
Lot Description
Other
Property Setbacks
Of Record
Total Assessed value
$2,846,700
Listed by
Compass
(808) 825-4277
(808) 825-4277
MLS #
202415895
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Open floorplan
Needs Work
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Frequently asked questions for 2325 Lime Street
When was this multi-family home built and last sold?
This house was build in 1944.
What is the full address of this multi-family home?
2325 Lime Street, Honolulu, HI, 96826.
Are there beaches near 2325 Lime Street?
The nearest beach is 0.827 miles away, called Duke Paoa Kahanamoku Beach Park. It should take about 22 min walk.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Compass. Some 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. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.
Listings last updated on November 08, 2024.
Hawaii House Last checked 5 minutes ago.
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