1003 3rd Ave

1003 3rd Ave
Honolulu, HI 96816

For Sale

Active

List Price

$2,650,000 (FS)

Property Type:: Multi-Family
Studio Units:: 6
1-Bed Units:: 5
2-Bed Units:: 1
3-Bed Units:: 0

Land Area (sf):: 15,600
Living (sf):: --
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 12 - Open

MLS #:: 202525869
Island:: Oahu
Region:: Diamond Head
Neighborhood:: KAIMUKI
TMK:: 1-3-2-010-048-0000

List Date:: January 06, 2026

REMARKS:

Investor's gem in the highly sought-after Kaimuki neighborhood. This rare opportunity features a generous 15, 600 sq. ft. lot zoned R-3.5. The property includes a total of 12 rental units-5 studios, 6 one-bedroom units, and 1 two-bedroom unit-spread across five separate structures. Situated on a corner lot spanning from 3rd Avenue to Palima Place, across Pahoa Avenue, the property offers excellent accessibility. Utilities include 11 individual electric meters, 11 individual gas meters, and 2 water meters. Conveniently located near freeway on/off ramps, popular restaurants and businesses along Waialae Avenue and Kapahulu Avenue, Market City Shopping Center, Kapahulu Shopping Center, and Waikiki. Buyer to perform their own due diligence.

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PROPERTY INFORMATION:

Zoning:: 7 - R-3.5 Residential
Furnished:: --

Year Built:: 1942
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $2,793,000
Assd. Val. Imprv:: $238,400
Assd. Val. Total:: $3,031,400

Tax Year:: 2025
Monthly Taxes:: $884
Home Exempt.:: --

SCHOOLS:

Elem. School:: --
Middle School:: --
High School:: --

OTHER PROPERTY FEATURES:

Frontage:: --
View:: City
Pool:: --
Amenities:: A/C
Inclusions:: --
Security:: --
Assn. Fee Inclusions:: --
Other Fee Inclusions:: --

Lot Description:: Other
Topography:: Gentle Slope, Level
Number of Stories:: One, Two
Building Style:: --
Property Condition:: Average
Construction:: Single Wall
Roofing:: Asphalt Shingle, Other
Floor Covering:: --

Disclosures:: None
Possession:: At Closing
Terms Accept.:: 1031 Exchange, Cash, Conventional
Land Recorded:: Regular System

Exclusions:: --
Easements:: Other
Set-Backs:: C&C, Of Record

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Tuesday, February 17, 2026. Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. Listing courtesy of Five Star Realty, Inc.