1003 3rd Ave Honolulu, HI 96816

$2,888,000
Multi-Family

Property details

About 1003 3rd Ave

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.

Highlights

Home typeMulti Family
StatusActive
Year built1942
ParkingOpen
MLS #202413986
WaterfrontOther
ViewCity, Other

Summary

  • MLS Number: 202413986
  • MLS Name: HICMLS
  • Office Name: Five Star Realty, Inc., Top Property Management LLC
  • Agent Phone: (808) 382-6871, (808) 277-0913
  • Agent Email: brian41802@gmail.com

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd.

Some of the 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.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 7:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

aerial view

$2,888,000

1003 3rd Ave

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 18, 2022
Home Sold
$2,488,888

Tax history

YearAssessmentProperty Tax
2024$2,961,100$10,341
2023$2,954,700$9,358
2022$2,673,800$9,358
2021$2,483,500$8,692
2020$2,358,100$8,253
2019$2,334,200$8,054
2018$2,301,200$8,054
2017$2,214,400$7,750

History based on county public records data.

Nearby schools

7

Aliiolani Elementary School

Public District PK-5

0.4 mi

1240 7th Ave

8

King Liholiho Elementary School

Public District PK-5

0.5 mi

3430 Maunaloa Ave

9

Hokulani Elementary School

Public District PK-5

0.5 mi

2940 Kamakini St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $53,125. The most common annual income of people living in Honolulu, HI is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

30%
<35k
47%
35k-100k
16%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

47%
Single, No Kids
9%
Single, with Kids
26%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
5%
12-17 yrs old
22%
18-34 yrs old
43%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Live TheatreLive Theatre
  • Men's TennisMen's Tennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Nordstrom RackNordstrom Rack
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • The Cheesecake FactoryThe Cheesecake Factory
  • StarbucksStarbucks

What do the neighbors drive?

  • MercedesMercedes
  • VolvoVolvo
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1003 3rd Ave in Honolulu, HI and zip code 96816 in the Diamond Head / Kapahulu / Saint Louis Heights neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $2,888,000.

In January 2025, from all listings sold in Honolulu, HI there were more than 30 sold above asking price, over 136 sold below and more than 48 were sold right at the asked price. The inventory of homes for sale in Honolulu, HI between December and January 2025 increased by 15.5%. While the average time on the market in January 2025 was 61 days, the median list price was $695,876.

From Rocket Homes Real Estate and based on county public records data.

More resources