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2902 Varsity Circle, Honolulu, HI, 96826
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2902 Varsity Circle, Honolulu, HI 96826

$1,900,000 Multi-Family Home for sale 1,844 sqft Neighborhood:  University
21 min walk to Kanewai Community Park
6 min drive to Waikiki Beach
7 min drive to Ala Wai Golf Course
7 min drive to The Wall
6 min drive to Three's
About lifestyles
Don’t miss this rare-find two-story apartment complex with 8 EASY TO RENT studios and SOLID tenant pool, conveniently located near University of Hawaii at Manoa, Ala Moana Center, Waikiki, restaurants, hospitals, businesses, and bus lines, with easy access to major roads and freeways. This apartment has 8 separate electric meters, 6-8 parking spaces (depending on the size of the cars), coin-operated laundry, quiet interiors despite close proximity to the freeway, green surroundings as it directly faces an empty field maintained by UH, and cul-de-sac location, which means private living, less crowded, and safer environment. All units have ceramic tile flooring and identical designs with maximum rentability. Excellent investment opportunity! Jump on this great deal before it disappears! Property to be conveyed As Is, Where Is.
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Multi-family details

1954 year built
  • Year Built 1954
  • Year Remodeled 1960
  • Original list price $1,900,000
  • Days on market 319
  • Building type Apartments
  • Price per sqft $1,030/sqft
  • Address

    2902 Varsity Circle, Honolulu, HI, 96826

  • Neighborhood University
  • Land tenure FS - Fee Simple
  • Land SqFt 6,130 sqft
  • View Other

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$9,688
Taxes
$429
HOA dues
$0
$10,117 per month
Mortgage
Down payment
$380,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $9,688 / month

Neighborhood: University

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
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

8 total units
# of 1 Bd
0
# of 2 Bd
0
# of 3 Bd
0
Total Units
8

Amenities & Features

8 parking places
Stories
Two
Roof
Composition
Construction
Concrete
Utilities
Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Water
Property Condition
Average
Parking
Open
nr.of parking places
8
Amenities
None

Income

Net Operating Income: $80,000
Total Actual Rent
$9,600
Total Annual Operating Expenses
$37,000
Total Income
$117,000
Net Operating Income
$80,000

University prices

No information about average prices in this area
-

Schools

15 schools with rating up to 9
School rating Distance
4
out of 10
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
Elementary School
0.226mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
Middle School
0.293mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
High School
0.293mi
School rating Distance
4
out of 10
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
0.226mi
NR
Aikane O Hokulani
2940 Kamakini St, Honolulu, HI 96816
0.239mi
9
out of 10
Hokulani Elementary School
2940 Kamakini St, Honolulu, HI 96816
0.27mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.501mi
6
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.56mi
School rating Distance
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.293mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.501mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.541mi
6
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.56mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.629mi
School rating Distance
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.293mi
3
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.32mi
NR
Lutheran High School Of Hawaii
1404 University Avenue, Honolulu, HI 96822
0.448mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.541mi
6
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.56mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

New Listing Feb 11, 2024
Date Event Price $/sqft Source
Feb 11, 2024 New Listing $1,900,000 $1,030.37 MLS #202403396
Feb 11, 2024 Coming Soon $1,900,000 +27.69% $1,030.37 MLS #202403396
Jun 8, 2017 Sold $1,488,000 +55% from last sold price $806.94 Public Record
Apr 21, 2017 In Escrow - not showing $1,488,000 $806.94 MLS #201702623
Mar 31, 2017 Active Under Contract $1,488,000 $806.94 MLS #201702623
Feb 14, 2017 New Listing $1,488,000 -5.82% $806.94 MLS #201702623
Jan 27, 2017 Cancelled $1,580,000 $856.83 MLS #201621518
Jan 27, 2017 Back On Market $1,580,000 $856.83 MLS #201621518
Oct 31, 2016 In Escrow - not showing $1,580,000 $856.83 MLS #201621518
Oct 31, 2016 Active Under Contract $1,580,000 $856.83 MLS #201621518
Aug 18, 2016 New Listing $1,580,000 +64.58% $856.83 MLS #201621518
Jul 30, 2008 Sold $960,000 -12.33% from last sold price $520.61 Public Record
Jun 17, 2008 Active Under Contract $1,095,000 $593.82 MLS #2802223
Apr 26, 2008 Price Decrease $1,095,000 -8.37% $593.82 MLS #2802223
Apr 25, 2008 Back On Market $1,195,000 $648.05 MLS #2802223
Apr 16, 2008 Active Under Contract $1,195,000 $648.05 MLS #2802223
Mar 24, 2008 Price Decrease $1,195,000 -7.72% $648.05 MLS #2802223
Feb 5, 2008 New Listing $1,295,000 +60.67% $702.28 MLS #2802223
May 21, 2007 Sold $806,000 -2.77% from last sold price $437.09 Public Record
Apr 1, 2007 Expired $829,000 $449.57 MLS #2620130
Feb 7, 2007 In Escrow - not showing $829,000 $449.57 MLS #2620130
Feb 7, 2007 Back On Market $829,000 $449.57 MLS #2620130
Jan 31, 2007 Hold $829,000 $449.57 MLS #2620130
Nov 2, 2006 New Listing $829,000 -2.47% $449.57 MLS #2620130
Oct 18, 2006 Cancelled $850,000 $460.95 MLS #2611556
Sep 29, 2006 Hold $850,000 $460.95 MLS #2611556
Sep 6, 2006 Price Decrease $850,000 -5.03% $460.95 MLS #2611556
Jun 19, 2006 New Listing $895,000 $485.36 MLS #2611556
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Tax & MLS details 2902 Varsity Circle, Honolulu, HI, 96826

11 - A-1 Low Density Apartment zoning / MLS #202403396
Current Property Taxes p/month
$429
Property Tax Year
2023
Assessed Improvement value
$143,600
Assessed Land value
$1,327,300
TMK
1-2-8-025-013-0000
Land Recorded
Land Court
Zoning
11 - A-1 Low Density Apartment
Flood Zone
Zone X
Topography
Level
Location
Cul-De-Sac,Inside
Lot Description
Flag Lot
Property Setbacks
None
Total Assessed value
$1,470,900
Listed by
Kona Realty All Islands LLC
(808) 308-2400
MLS #
202403396
Hawaii House tour report for this multi-family home
No reviews yet
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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We do not have a Hawaii House tour report for this listing yet.
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Frequently asked questions for 2902 Varsity Circle

When was this multi-family home built and last sold?

This house was build in 1954.

What is the full address of this multi-family home?

2902 Varsity Circle, Honolulu, HI, 96826.

Are there beaches near 2902 Varsity Circle?

The nearest beach is 1.211 miles away, called Waikiki Beach. It should take about 6 min drive.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Kona Realty All Islands LLC. 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 21, 2024.
Hawaii House Last checked 1 minute ago.

Multi-Family Home for sale $1,900,000 2902 Varsity Circle, Honolulu, HI, 96826 1,844 sqft Save House Remove from Saved