The Home Buyer's Korner

Information presented should be used for educational purposes only.

July 23rd, 2015

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BUILDING THE DREAM OF HOME OWNERSHIP

S Beretania St/Victoria St Neighborhood

Ala Moana Area Homes for Sale

Honolulu, Hawaii

Victoria Street

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S Beretania St/Victoria St area median real estate price is $382,767, which is less expensive than 86.2 percent of Hawaii neighborhoods and 17.1 percent of all U.S. neighborhoods.

The average rental price in S Beretania St/Victoria St is currently $1,042. Rents here are currently lower in price than 89.3 percent of Hawaii neighborhoods. S Beretania St/Victoria St has a 14.8% vacancy rate, which is well above average compared to other U.S. neighborhoods and higher than 73.2 percent of American neighborhoods. Most vacant housing here is vacant year round and due to a high second/vacation occupancy ratio.

S Beretania St/Victoria St real estate is primarily made up of small studio to two bedroom to medium sized three or four bedroom condominium complexes, high-rise apartments and single-family homes. Furthermore, the S Beretania St/Victoria St area is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America.

Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 90.8 percent of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic. 

In addition, the real estate in the S Beretania St/Victoria St area really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of multi-family complexes or high-rises than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by large multi-family buildings and condominium complexes. In fact, 87.0 percent of the real estate here is classified as multi-family complexes or high-rise apartments, which is more than is found in 98.2 percent of American neighborhoods.

Most of the residential real estate is renter occupied. Many of the residences in the S Beretania St / Victoria St area are established, but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways.

One of the most interesting things about the S Beretania St/Victoria St neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 60.0 percent of the households here made up of people living alone and a larger proportion of people living alone than in 99.2 percent of the neighborhoods in America.

The S Beretania St/Victoria St neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America. In fact, 54.4 percent of this neighborhood’s residents have Asian ancestry.

More people in S Beretania St/Victoria St choose to walk to work each day at 19.5 percent than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. The S Beretania St/Victoria St neighborhood is a fantastic option for bicycle commuters, as 4.7 percent of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 97.3 percent of the neighborhoods in America.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the S Beretania St/Victoria St neighborhood, 37.4 percent of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 34.4 percent of the residents employed. Other residents here are employed in manufacturing and laborer occupations at 16.5 percent and 11.7 percent in clerical, assistant, and tech support occupations.

Each neighborhood in America has its own culture, some more unique than others and much is based on lifestyle, occupations, the types of households. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today. In the S Beretania St/Victoria St area, residents most commonly identify their ethnicity or ancestry as Asian at 54.4 percent. There are also a number of people of Italian ancestry at 3.7 percent, and residents who report German roots at 3.1 percent. Some of the residents are also of English ancestry at 2.0 percent, along with some Russian ancestry residents at 1.9 percent, among others. In addition, 37.9 percent of the residents of this neighborhood were born in another country.

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the S Beretania St/Victoria St neighborhood is English, spoken by 61.1 percent of households. Other important languages spoken here include Japanese, spoken by 11.8 percent, Korean, Tagalog, which is the first language of the Philippine region and Vietnamese.

S Beretania St/Victoria St Neighborhood

Ala Moana Area Homes for Sale

Livingston-Homes-for-Sale

HOME OWNERSHIP TOOLS

FHA 203K

Your Home Purchasing or Refinancing & Renovation Tool

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

Here are just a few of the home improvements

you might consider with any Home Renovation loan

Repair or replace a roof

Install, replace or repair gutters and downspouts

Replace, repair or upgrade your HVAC system

Repair or replace plumbing

Install, repair or replace electrical systems

Kitchen remodeling (including the purchase and installation of appliances)

Bathroom remodeling, Full interior painting, Total exterior painting

Repair or replace a septic system and/or well

Disability access (wheelchair ramp, elevator, widen doorways)

Build, repair or replace deck, patio or porch

Basement waterproofing and finishing

Abatement/Stabilization of lead-based paint hazards

Replace old windows, Room additions, Finish an attic

Add a second story to your home

Replace a termite damaged sill plate (a water-damaged sill plate also)

Possible landscaping items such as correction of grading & drainage problems,

tree removal, repair a driveway and sidewalks

FANNIE MAE HOMESTYLE

The Conventional Alternative to FHA 203K

Great for Real Estate Investors and Second Home Renovations

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

USDA RURAL DEVELOPMENT

Up to $10K for Home Improvements, Renovations or a Simple Remodel

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

A SIMPLE HOME SHOPPING INSPECTION TOOL

Organizing your home shopping experience affords a wise decision-making process.

This simple home inspection tool makes your ultimate buying decision a smart one.

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FNMA HomeStyle FNMA My Community Mortgage FHA One-Time Close Construction Portfolio or VA home loan Homes for Sale REO Short Sales FNMA HomePath Properties HUD Homes USDA Homes Condominiums Co-Ops Townhomes Manufactured Homes Modular Homes Mobile Homes Log Homes Second Homes Investment Property 2-4 Family Custom Home Builders Custom Built Homes Luxury Homes General Contractors Home Improvement Experts Kitchen & Bathroom Renovations Real Estate Brokers & Agents Mortgage Lenders Federal Credit Unions Community Bankers Real Estate Listings Jumbo Investor Hard Money HARP HECM Equity Zero 3% 3.5% Portfolio Non-Warrantable Down Payment Assistance 96814 Honolulu Ala Moana Boulevard Laula Way Osorio Pl Queen St Kapiolani Boulevard King St Amana St KAIMALIE ST Akala Ln Kamakee St Lunalilo St Rycroft St Akoko St Piikoi Street Piikoi St Kinau St Kapiolani Boulevard Keeaumoku St Lunalilo St Queen St Hoolai St Ala Moana Blvd Makaloa St Young St Kanunu St Kanunu St Kapiolani Blvd Kapiolani Blvd Sheridan St Waimanu Street Papaku Pl Queen St Ward Ave Wong Ho Ln Ala Moana Blvd Nauru Towers Queen St Alohi Way PAPAKU PL WEKE RD ROADWAY NEAR CEDAR Piikoi Street Waiau Pl Birch St Waimanu St Ala Moana Blvd Victoria St Ala Moana Blvd Atkinson Dr One Ala Moana 1555 Kapiolani Blvd Keeaumoku St Cedar St Moana Pacific 1288 Kapiolani Blvd Amana St Beretania Street Grand Liona St Atkinson Dr Atkinson Dr BERETANIA ST Beretania St Makaloa St Queen St Makiki St Pensacola St Ahana St Ahana St Piikoi St Kalauokalani Way Kahakai Dr Elm St Kaheka St Matlock Ave Ala Moana Blvd Queen St Alder St  Laula Way Osorio Pl Queen St King St Amana St KAIMALIE ST Akala Ln Kamakee St Lunalilo St Rycroft St Akoko St Piikoi Num2302 St Piikoi St Kinau St Keeaumoku St Lunalilo St Queen St Hoolai St Ala Moana Blvd Makaloa St Young St Kanunu St Kanunu St Kapiolani Blvd Kapiolani Blvd 4509 E Sheridan St 1009 Kapiolani Boulevard 1189 Waimanu Street Papaku Pl Queen St Ward Ave Wong Ho Ln Ala Moana Blvd Nauru Towers Queen St Alohi Way PAPAKU PL WEKE RD ROADWAY NEAR CEDAR Waiau Pl Kapiolani Blvd 3909 W Birch St Waimanu St Ala Moana Blvd Victoria St Ala Moana Blvd Atkinson Dr Keeaumoku St Cedar St Amana St Liona St Atkinson Dr Atkinson Dr BERETANIA ST Beretania St Makaloa St Queen St Makiki St Pensacola St Ahana St Ahana St Num 207 St Piikoi St Kalauokalani Way Kahakai Dr Elm St Kaheka St Matlock Ave Waimanu Street 3205 & Ala Moana Blvd Honolulu Hi 96814 Queen St Alder St

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