$24,500

Estimated payment $154/month

Total Views 4,347
-- Bed
1 Bath
300 Sq Ft
$82 Price per Sq Ft

Highlights

  • City View
  • Card or Code Access
  • Laundry Facilities
  • 28,750 Sq Ft lot
  • Resident Manager or Management On Site
  • 2-minute walk to Kalo Place Mini Park

About This Home

Leasehold studio with possible fee purchase available for $200,000. Buyer's will need to be preapproved by Lessors with a $1000.00 application fee paid directly to Lessors & a list of requirements are listed in Supplemental page.
Centrally located in close proximity to all that the University/Moiliili area provides - within minutes from our acclaimed University of Hawaii, numerous eateries, & easy access to freeways. This functional studio has a flexible floorplan & is near the elevator.
The community laundry room is secured & conveniently located on lower level lobby are which is also secured.
Fabulous opportunity to buy a property in this price range - CASH ONLY since the lease terms have not been negotiated. Land lease expires in 2029 with monthly lease rent of $492.00
Present tenant has rental term till March 2026 & prefers late afternoon showings.
Wonderful alternative for students, investors, & homeowners to own a property in this fast developing area of Honolulu.

Listing Agent

Jocelyn Eaton

Homequest LLC Brokerage Phone: (808) 261-1470 License #RB-21371 Listed on: 09/03/2025

Co-Listing Agent

Sheldon Makanui

Homequest LLC Brokerage Phone: (808) 261-1470 License #RS-62166

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1 Full Bathroom
  • 300 Sq Ft Home
  • 3-Story Property
  • Laminate Flooring
  • City Views

Parking

  • 1 Parking Space
  • Open Parking
  • Assigned Parking

Schools

  • Kuhio Elementary School
  • Washington Middle School
  • Kaimuki High School

Listing and Financial Details

  • Assessor Parcel Number 1-2-8-024-015-0053

Community Details

Overview

  • Association fees include sewer, water
  • Varsity Villa Condos
  • Moiliili Subdivision

Amenities

  • Laundry Facilities

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Secure Elevator

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Architectural Style: Low Rise
  • Building Name: Varsity Villa
  • Co List Office Mls Id: HOMQ
  • Inclusions: Cable TV,Range/Oven,Refrigerator
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1972
  • Attribution Contact: (808) 261-1470
  • CommunityFeatures: Laundry Facilities
  • SecurityFeatures: Elevator Secured, Key Card Entry
  • Association Amenities: Management
  • Co List Office Phone: (808) 261-1470
  • MLS Status: Active
  • Subdivision Name: MOILIILI
  • Entry Level: 4
  • Unit Levels: Three Or More, One
  • Living Area: 300.0
  • New Construction: No
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Furnished: Partially
  • Full Bathrooms: 1

Exterior Features

  • Construction Type: Hollow Tile
  • Property Condition: Average Condition
  • View: City
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure, See Remarks

Garage/Parking

  • Parking Features: Assigned, One Space
  • Total Parking Spaces: 1.0
  • Open Parking: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: None, Sewer, Water

Schools

  • Elementary School: Kuhio
  • High School: Kaimuki
  • Middle Or Junior School: Washington

Lot Info

  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 1-2-8-024-015-0053
  • Zoning Description: 12 - A-2 Medium Density Apartme

Rental Info

  • Land Lease Amount: 492.0
  • Lease Amount Frequency: Monthly

Multi Family

  • Maintenance Expense: 800.0
  • Lease Expiration: 2029-09-01
  • Total Actual Rent: 1500.0

Tax Info

  • Tax Annual Amount: 960.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $914 $291,200 $116,000 $175,200
2024 $914 $261,200 $116,000 $145,200
2023 $762 $217,600 $111,800 $105,800
2022 $732 $209,000 $105,400 $103,600
2021 $663 $189,400 $101,200 $88,200
2020 $713 $203,800 $101,200 $102,600
2019 $737 $210,700 $94,900 $115,800
2018 $698 $199,500 $86,500 $113,000
2017 $693 $198,000 $84,300 $113,700
2016 $627 $179,000 $78,000 $101,000
2015 $622 $177,800 $73,800 $104,000
2014 $537 $172,400 $56,900 $115,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2025 09/03/25 For Sale $24,500 -- $82 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202519265

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-8-024-015-0053