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Varsity Villa #309 (Kapiolani)

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Photo 1 of 2649 Varsity Pl #309, Honolulu
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2649 Varsity Pl #309, Honolulu

Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly:
Jocelyn M Eaton (R)
RB-21371
Homequest LLC
Phone: (808) 261-1470

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 on the cooler side of the bldg, overlook your dedicated parking stall, & 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. Lease expires in September 2029 & monthly lease rent payments are $492. Present tenant has rental term till June 2026. Wonderful alternative for students, investors, & homeowners to own a property in this fast developing area of Honolulu.
Recent Activity
  • Sep 03, 2025 Listed at $25,000
  • Mar 18, 2025 Off Market
  • Mar 13, 2025 Listed at $12,000
Recent Sales
(Varsity Villa)
  • #212: Studio | 1 Ba @ $18K (10/17/25)
  • #306: Studio | 1 Ba @ $19K (9/26/25)
  • #311: Studio | 1 Ba @ $12K (9/6/24)
  • #304: Studio | 1 Ba @ $15K (8/23/24)
  • #103: Studio | 1 Ba @ $11K (2/20/24)
  • #312: Studio | 1 Ba @ $8K (1/9/24)
  • #205: Studio | 1 Ba @ $13K (9/8/23)
  • #305: Studio | 1 Ba @ $20K (7/19/23)
  • #413: Studio | 1 Ba @ $18K (3/13/23)
  • #412: Studio | 1 Ba @ $14K (2/7/23)
  • #404: Studio | 1 Ba @ $22K (10/14/21)
  • #314: Studio | 1 Ba @ $15K (7/2/21)
  • #207: Studio | 1 Ba @ $31K (8/6/20)
  • #310: Studio | 1 Ba @ $30K (4/9/20)
  • #106: Studio | 1 Ba @ $29K (3/25/20)
  • #208: Studio | 1 Ba @ $29K (7/3/19)
  • #110: 1 Bd | 1 Ba @ $26K (5/30/19)
  • #104: Studio | 1 Ba @ $30K (3/14/19)
  • #302: Studio | 1 Ba @ $53K (10/21/16)
  • #105: Studio | 1 Ba @ $57K (9/14/16)
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $2.67
  • Price / ft²: $83
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Sewer, Water
  • Zoning: 12 - A-2 Medium Density Apartme
  • Flood Zone: Zone X
  • Furnished: Partial
  • Property Condition: Average
  • Owner Occupancy: 28%
  • Management Company: Sunny Isle Properties
  • Security Features: Card, Keyed Elevator
  • Amenities: Community Laundry, Resident Manager
  • TMK: 1-2-8-24-15-34
  • Tax Assessed Land: $116,000
  • Tax Assessed Improvements: $175,200
  • Tax Assessed Total: $291,200
  • Courtesy: Homequest LLC / (808) 261-1470
  • MLS: 202519262
About Varsity Villa
  • Address: 2649 Varsity Pl, Honolulu, HI 96826.
     
  • Built: 1972, 53 Studio & 1BR Units in 4-Story Building on 28,728 Sq Ft.
     
  • Amenities: None.
     
  • Short-term Vacation Renting: Not Allowed.
     
  • Developer: Varsity Dorm Inc.

The Varsity Villa is situated in a quiet corner of Moiliili, yet just a block east from University Ave and only a little further to King St on its south. In addition, for students or employees, it is conveniently next to the Varsity Circle entrance to UH.

These studio & one bedroom condos’ interiors measure   ..... Read more.


The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 08, 2025.Information is deemed reliable but not guaranteed.
Other Varsity Villa Listings
Leasehold
$24,500
Save
Varsity Villa #414
Studio | 1 Ba
300 ft²
All Varsity Villa condos for sale »
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  • Asking Price: $25,000
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 on the cooler side of the bldg, overlook your dedicated parking stall, & 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. Lease expires in September 2029 & monthly lease rent payments are $492. Present tenant has rental term till June 2026. Wonderful alternative for students, investors, & homeowners to own a property in this fast developing area of Honolulu.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 08, 2025.Information is deemed reliable but not guaranteed.
    • Sep 03, 2025 Listed at $25,000
    • Mar 18, 2025 Off Market
    • Mar 13, 2025 Listed at $12,000
    • Address: 2649 Varsity Pl, Honolulu, HI 96826.
       
    • Built: 1972, 53 Studio & 1BR Units in 4-Story Building on 28,728 Sq Ft.
       
    • Amenities: None.
       
    • Short-term Vacation Renting: Not Allowed.
       
    • Developer: Varsity Dorm Inc.

    The Varsity Villa is situated in a quiet corner of Moiliili, yet just a block east from University Ave and only a little further to King St on its south. In addition, for students or employees, it is conveniently next to the Varsity Circle entrance to UH.

    These studio & one bedroom condos’ interiors measure   ..... Read more.


    Other Varsity Villa Listings
    Leasehold
    $24,500
    Save
    Varsity Villa #414
    Studio | 1 Ba
    300 ft²
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Leasehold Expiry: 09/01/29
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.