The Home Buyer's Korner

Information presented should be used for educational purposes only.

July 30th, 2015

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Likini St/Ala Napunani St Neighborhood

Aliamanu~Salt Lakes~Foster Village Area

Honolulu, Hawaii

Ala NapunaniLikini St/Ala Napunani St area median real estate price is $404,472, which is less expensive than 81.7 percent of Hawaii neighborhoods and 15.4 percent of all U.S. neighborhoods.

The average rental price in Likini St/Ala Napunani St is currently $1,546 and rents here are currently lower in price than 52.6 percent of Hawaii neighborhoods.

Likini St/Ala Napunani St real estate is primarily made up of small studio to two bedroom to medium sized three or four bedroom condominium complexes, high-rise and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Likini St/Ala Napunani St neighborhood are established but not old, having been built between 1970 and 1999, with a number of residences built between 1940 and 1969.

Real estate vacancies in Likini St/Ala Napunani St are 4.8 percent, which is lower than one will find in 77.4 percent of American neighborhoods. Demand for real estate in Likini St/Ala Napunani St is above average for the U.S. and signals demand for either price increases or new construction of affordable residential homes.

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.

What you’ll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 69,290 people per square mile, it is more densely populated than 99.2 percent of America’s neighborhoods.

In addition, one of the really unique and interesting things about the look and setting of the Likini St/Ala Napunani St neighborhood is that it is almost entirely dominated by large multi-family buildings, such as condominium complexes and high-rise apartments, with 93.9 percent of the residential real estate here classified as such. This puts this neighborhood on the map as having a higher proportion of large multi-family buildings than 99.0 percent of all neighborhoods in America.

Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Likini St/Ala Napunani St stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. In fact, 87.6 percent of the residential real estate here was built in this one time period.

Also of note, the Likini St/Ala Napunani St neighborhood 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 82.3 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.

With a nice mix of college students, safety from crime, and decent walkability, the Likini St/Ala Napunani St neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. The neighborhood rates more highly for a good place for college students to live than 87 percent of the neighborhoods in Hawaii with certain amenities and services geared towards college students, from undergraduates to graduate students.

The Likini St/Ala Napunani St neighborhood stands out nationally for having a greater proportion of its residents active in the military than 98.5 percent of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood. 

Your future neighbors in the Likini St/Ala Napunani St neighborhood enjoy upper middle class incomes and higher incomes than 65.1 percent of the neighborhoods in America.

In the Likini St/Ala Napunani St neighborhood, 38.2 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 25.4 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 19.2 percent and 17.2 percent in manufacturing and laborer occupations.

Culture is the shared learned behavior of peoples. Undeniably, different ethnicity and ancestry have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicity or ancestry will express those cultures.

In the Likini St/Ala Napunani St neighborhood, residents most commonly identify their ethnicity or ancestry as Asian at 63.8 percent. There are also a number of people of German ancestry at 1.5 percent and residents who report Puerto Rican roots at 1.1 percent. In addition, 40.0 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 Likini St/Ala Napunani St neighborhood is English, spoken by 55.6 percent of households. Other important languages spoken here include Korean, spoken by 15.3 percent of households, Chinese, Tagalog, the first language of the Philippine region and Japanese.

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LIKINI ST/ALA NAPUNANI ST NEIGHBORHOOD

ALIAMANU-SALT LAKES-FOSTER VILLAGE AREA HOMES FOR SALE

Livingston-Homes-for-Sale

HOME OWNERSHIP TOOLS

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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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