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1126 3Rd Avenue

Sold for $2,425,000 on July 11, 2023.

  • Status: Sold
  • Tenure: Fee Simple
  • Type: Multi-dwelling
  • Mortgage: $10,263/mo
  • HOA Fee: n/a
  • Taxes: $692/mo
1126 3Rd Avenue was on the market for 400 days. Originally listed for $2,700,000.
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What this multi-dwelling offers

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Rare investment opportunity in popular Kaimuki offering a unique combination of a duplex, a triplex, and a two story large dwelling containing 7 rented rooms + 2 rental apartments underneath. 17 parking stalls is a huge bonus value. Property is 15,000 sq.ft. R-3.5 fee simple. Good net income and nearly 0% vacancy (past 18 years of management by listor). Largest dwelling has 7 rented rooms, a large common kitchen, high ceilings and community 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. 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. 2 washers/2 dryers in coin operated laundry room. 2 electric meters/6 gas meters. Remodeling the front dwelling to be an owner/occupant home for the buyer would create a 2nd triplex and more lending options. 7 apartment rentals would remain for income. Three generations of the same family have enjoyed ownership the past 78 years.

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Location

Oahu › Kaimuki › 1126 3rd Avenue
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1126 3rd Avenue, Honolulu, HI, 96816 is located in Kaimuki on Oahu.

More about this multi-dwellingOpen and close this section
  • Parcel: 1-3-2-001-036-0000
  • Year Built: 1931
  • Lot Size: 15,000 sqft
  • Views: Garden
  • Construction: Single Wall, Slab, Wood Frame
  • Roof: Asphalt Shingle
  • Parking: Assigned, Covered, Open
About KaimukiOpen and close this section

Kaimuki is known for its lovely neighborhood of early twentieth-century bungalows and plantation-style homes. New construction on leveled Kaimuki lots is more contemporary in design while keeping the spirit of the traditional style. And many of the early bungalows and Hawaiian plantation-style homes have been renovated and updated and still look as charming as ever. Smaller cottages are simply landscaped and movie-set delightful with crisp paint and color coordinated trim. View all homes for sale in Kaimuki.

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Listing courtesy of Sue Young from Sue Young, MLS #202306339. Contact: (808) 946-1145.

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Recently Sold

The most recently sold Multi-Family Homes with bedroom(s) nearest to 1126 3rd Avenue and sorted by date, then price.

Date Sold Sold Price Address DOM Beds Baths SQFT
07/11/2023 $2,425,000 1126 3rd Avenue 117 bed 0 bath
03/25/2024 $2,300,000 2842 Kaimuki Avenue 322 bed 0 bath
03/12/2024 $1,900,000 2824 Kihei Place 28 bed 0 bath
04/01/2024 $3,415,000 1242 6th Avenue 377 bed 0 bath
04/14/2023 $1,900,000 823 Waiaka Place 48 bed 0 bath
02/07/2024 $1,700,000 1346 10th Avenue 216 bed 0 bath
10/27/2023 $2,400,000 3316 Campbell Avenue 49 bed bath
09/18/2023 $1,675,000 2710 Kaaha Street 170 bed 0 bath
04/28/2023 $2,500,000 731 Hausten Street 60 bed 0 bath
12/22/2023 $2,700,000 813 Coolidge Street 35 bed bath
06/01/2023 $4,500,000 287 Wai Nani Way 140 bed 0 bath
06/30/2023 $1,875,000 509 Lauiki Street 91 bed 0 bath