2649 Varsity Pl, Unit 414

$24,500
Price
Studio
Beds
300 Sq. Ft.
$82 / Sq. Ft.
300
Sq. Ft.
$82
per Sq. Ft.

Description

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...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.
  1. Listed by Jocelyn M Eaton • License #RB-21371 • Homequest LLC • (808) 261-1470
  2. Listed by Sheldon K Makanui • License #RS-62166 • Homequest LLC • (808) 261-1470

Property Details for 2649 Varsity Place, Unit 414

Architectural Style
Low-Rise 6 or Less Stories
View
City
Zoning
12 - A-2 Medium Density Apartme
Neighbourhood
MOILIILI
Flood Zone
Zone X
Stories/Levels
4-7
Land Tenure
LH - Leasehold
LISTING UPDATED: 09/10/2025 11:03 AM

Property Details for 2649 Varsity Place, Unit 414

StatusActive
MLS #202519265
Days on Market93
Taxes$80 / month
HOA Fees$800 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Townhouse
Year Built1972
CountyHonolulu County

Location

Listing Courtesy of Homequest LLC, Jocelyn M Eaton, License #RB-21371; Homequest LLC, Sheldon K Makanui, License #RS-62166
Add your commute

Building Information for 2649 Varsity Place, Unit 414

Building/ComplexVarsity VillaFloor4Stories-Residences-Pet Policy-Pet Policy Details-Year Built1972

Payment Calculator

$1,001 per month

30 year fixed, 6.28% Interest

Principal and Interest

$121

Property Taxes

$80

HOA Dues

$800

The Payment Calculator is for illustrative purposes only.

Property Information for 2649 Varsity Place, Unit 414

Summary
Location and General Information
  • City: Honolulu
  • County Or Parish: Oahu
  • State Or Province: HI
Taxes and HOA Information
  • Association Fee 2 Includes: None
  • Association Fee Includes: Sewer, Water
  • Association Fee Total: $800
  • Fee Options: Fee Available
  • Fee Purchase: $200,000
  • Tax Amount: $80.00
  • Tax Assessed Value: $291,200.00
  • Tax Assessed Value Improvements: $175,200.00
  • Tax Assessed Value Land: $116,000.00
  • Tax Excemption Owner Occupancy: 080
  • Tax Year: 2024
  • Parcel Number: 1-2-8-024-015-0053
  • HOA YN: Yes
School Information
  • Elementary School: Kuhio
  • High School: Kaimuki
  • Middle Or Junior School: Washington
Parking
  • Parking Additional: 0
  • Parking Features: Assigned, Open - 1
  • Parking Total: 1
  • Condo Parking Unit: 43
Property
Lot Information
  • Building Name: Varsity Villa
  • Floor Number: 4
  • Property Type: Condo/Townhouse
  • Open Other Spaces Total: 32.0
  • SQFT Roofed Living: 300.0
  • Sqft Total: 332.0
  • Land Recorded: Regular System
  • Lot Size Area: 28750.0
  • Year Built: 1972
Property and Assessments
  • Appliances: Cable TV, Range/Oven, Refrigerator
  • Photo Count: 6
  • New Development Construction: No
  • Property Condition: Average
  • Special Listing Conditions: None
  • Disclosures: Buyer Restrictions, See Remarks
  • Foreclosure: No
  • Fractional Ownership: No
  • Supplement Count: 0
  • TMK Area: 128
  • TMK Condo Property Regime Number: 53
  • TMK Division: 1
  • TMK Parcel: 15
  • TMKPLAT: 24
  • TMK Section: 8
  • TMK Zone: 2
Interior and Exterior Features
Exterior Features
  • Amenities: Community Laundry, Resident Manager
  • Construction Materials: Hollow Tile
  • Elevators Number Of: 1
  • Flooring: Laminate
  • Security Features: Card, Keyed Elevator
Interior Features
  • Baths Full: 1
  • Baths Half: 0
  • Baths Total: 1.0
  • Beds Total: 0.0
  • Furnished: Partial
Multi Family
Multi-Family Information
  • Unit Features: Single Level
  • Unit Number: 414
Income & Expenses
  • Maintenance Fee Amount: $800.00
Agent
Sale and Listing
  • DOM: 7
  • Immoviewer: No
  • Listing Service: Full Service
  • Management Company Name: Sunny Isle Properties
  • Management Company Phone: 8082712105
  • MLS: HI Central
  • MLS Area Major: Metro
  • Status: Active
  • Public Remarks: 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.
  • Possession: Subject to Rental Lease
Showing and Remarks
  • Showing Instructions: Two Day Notice Reqd, Appointment Only
Rental
Rent Information
  • Lease Expiration Year: 2029
  • Lease Fee Month: $492.00
  • Lessor Name: Hao
  • Occupant Type: Tenant
  • Total Actual Rent: $1,500.00

Property History for 2649 Varsity Place, Unit 414

DateEvent & SourcePriceAppreciation
Sep 3, 2025

Listed (Active)

HICENTRAL #202519265

$24,500—
Mar 24, 2008

Temporarily Off Market

HICENTRAL #2720450

$92,000—
Nov 26, 2007

Listed (Active)

HICENTRAL #2720450

$92,000—
Oct 8, 2004

Sold

HICENTRAL #2408363

$40,000—
Oct 1, 2004

Sold (Public Record)

Public Record #144003018

$40,000—
Sep 15, 2004

Contract Signed

HICENTRAL #2408363

—
Jun 7, 2004

Listed (Active)

HICENTRAL #2408363

$50,000—
DateEvent & SourcePrice
09/03/2025

Listed (Active)

HICENTRAL #202519265

$24,500
03/24/2008

Temporarily Off Market

HICENTRAL #2720450

$92,000
11/26/2007

Listed (Active)

HICENTRAL #2720450

$92,000
10/08/2004

Sold

HICENTRAL #2408363

$40,000
10/01/2004

Sold (Public Record)

Public Record #144003018

$40,000
09/15/2004

Contract Signed

HICENTRAL #2408363

—
06/07/2004

Listed (Active)

HICENTRAL #2408363

$50,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2649 Varsity Place, Unit 414

Taxable ValueLand$116,000Additions$175,200Total$291,200
Tax Record2025$914 ($76 / month)
Home Facts
Beds0Baths1Total Finished SqFt300 SqFtAbove Grade Finished SqFt300 SqFtStories1StyleCondominiumYear Built1972ZoningA-2 APARTMENTCountyHONOLULUAPN1-2-8-024-015-0053

Schools near 2649 Varsity Place, Unit 414

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Prince Jonah Kuhio Elementary School
PublicPK to 5

President George Washington Middle School
Public6 to 8

Kaimuki High School
Public9 to 12

Voyager - A Public Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2649 Varsity Place, Unit 414 is a condo for sale in Honolulu, HI 96826. This property was listed for sale on September 3, 2025 by Homequest LLC, it's currently listed at $24,500. It has been on the market for a total of 93 days and was last sold on October 8, 2004. This listing's school district is Hawaii Department Of Education. Nearby schools include Prince Jonah Kuhio Elementary School, President George Washington Middle School and Kaimuki High School. 2649 Varsity Place, Unit 414 is a 0-bed, 1-bath, 300 sqft condo built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Homequest LLC, Jocelyn M Eaton, License #RB-21371; Homequest LLC, Sheldon K Makanui, License #RS-62166

Based on information from one of the following Multiple Listing Services: Hawaii HIS, MAUI MLS and Hi Central. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Hawaii HIS, MAUI MLS and Hi Central is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.