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 King St/Kalakaua Ave Neighborhood

Ala Moana Honolulu, HI Homes for Sale

Kalakaua AVE 2

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S King St/Kalakaua Ave area median real estate price is $404,817, which is less expensive than 81.4 percent of Hawaii neighborhoods and 15.4 percent of all U.S. neighborhoods.

The average rental price in S King St/Kalakaua Ave area is currently $1,462. Rents here are currently lower in price than 60.9 percent of Hawaii neighborhoods.

S King St/Kalakaua Ave area real estate is primarily made up of small studio to two bedroom to medium sized three or four bedroom condominium complexes, high-rises and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the S King St/Kalakaua Ave neighborhood are established, but not old, having been built between 1970 and 1999, with a number of residences were also built between 1940 and 1969.

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels.

The S King St/Kalakaua Ave area very densely populated compared to most U.S. neighborhoods. In fact, with 44,967 persons per square mile in the neighborhood, it is more packed with people than 98.3 percent of the nation’s neighborhoods. In addition, the real estate in the S King St/Kalakaua Ave area really stands out in the way it looks for several unique reasons. This neighborhood has a higher proportion of condominium complexes and high-rise apartments 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 complexes. In fact, 96.1 percent of the real estate here is classified as multi-family and high-rises, which is more than is found in 99.4 percent of American neighborhoods.

Furthermore, the S King St/Kalakaua Ave 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 condominiums and apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 91.8 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.

One of the most interesting things about the S King St/Kalakaua Ave area is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 53.8 percent of the households here made up of people living alone and that’s a larger proportion of people living alone than in 98.1 percent of the neighborhoods in America.

In the S King St/Kalakaua Ave neighborhood, walking to work is a real option for many. In fact, walking to and from work is the chosen way to commute for 20.4 percent of residents here.  Get ready to put on your walking shoes if you move here! Also, more people ride the bus in this neighborhood each day to get to work than 96.1 percent of U.S. neighborhoods.

Some areas are more cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in an area. An interesting thing about the rootedness of people in the S King St/Kalakaua Ave area is that it has a greater percentage of residents born in another country  at 44.1 percent than are found in 95.9 percent of all U.S. neighborhoods.

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 King St / Kalakaua Ave neighborhood, 44.5 percent of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.7 percent of the residents employed. Other residents here are employed in manufacturing and laborer occupations at 18.4 percent and 9.4 percent in clerical, assistant, and tech support occupations.

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the S King St/Kalakaua Ave area, residents most commonly identify their ethnicity or ancestry as Asian at 73.2 percent. There are also a number of people of German ancestry at 4.7 percent and residents who report Puerto Rican roots at 1.1 percent.. In addition, 44.1 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 King St/Kalakaua Ave neighborhood is English, spoken by 49.9 percent of households. Other important languages spoken here include Japanese at 9.4 percent, Chinese, Korean and Vietnamese.

S King St/Kalakaua Ave Neighborhood

Ala Monana 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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96814 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 98614 Piikoi Street Waiau Pl Birch St Waimanu St Ala Moana Blvd Victoria St Ala Moana Blvd Atkinson Dr One Ala Moana Kapiolani Blvd Keeaumoku St Cedar St Moana Pacific 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 96814

 96826 Lauiki St Kalakaua Ave King St Contessa Wiliwili St Nahaku Pl Kalei Rd Kalele Rd Coyne St Nakookoo St King St Kalo Pl University Avenue Menehune Ln Bingham St Kamoku St Waialae Ave Maunawai Pl Nanea St Kuikahi St Kuilei St Hauoli St Lime St Kuilei St Lime St HAUSTEN ST Hausten St Alexander St Lime St Young St Elsie Ln Poha Ln Kapaakea Ln Kapiolani Blvd University Ave University Ave Manalo St Isenberg St Philip St UNIVERSITY PL Pawaa Ln DATE ST KAPIOLANI BLVD Kapiolani Blvd KUHIO HWY Algaroba St Punahou St WAIAKA PL WAIAKA RD Waialae Ave GRIFFITHS ST Laau St Waiola St KOALI RD McCully St Kalakaua Avenue Paani St Laau St 96826 Hihiwai St Coolidge St Mahiai Pl MAHIAI ST Griffiths St Hoawa St Punahou St Date St Church Ln Farrington St Varsity Cir Varsity Pl Kolo Pl Beretania St Kapiolani Blvd Makahiki Way Kamoku St Kapiolani Blvd Hausten St Fern St Artesian St Pumehana St Kaaha St Kaaloa St Malanai St Kalakaua Avenue Punahou St Citron St Date St Lokahi St Kemole Ln Kahoaloha Ln Kahuna Ln Kaialiu St Kahoaloha Ln Villa Ln Kaipuu St Date St 96826

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