Kahala Multi-Family

4775 Kahala Avenue, Honolulu, Oahu 96816 Get Directions

SOLD: $5,000,000

 

Total SqFt
8,309
Lot Size Area
27,988 SqFt
Land Tenure
Fee Simple
MLS #
201908464
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Overview

We often see "rarely available" in remarks for Hawaii real estate, we believe 4775 Kahala Ave. is a once in a lifetime opportunity. 27,988 sq ft, of land, zoned R-5 on the ocean side of prestigious Kahala Ave. with private beach access. There are currently five (5) detached homes ranging from approx. 1200 to 2300 sf, permitted and built in 1982. New owner could live on the property and collect approx. $200,000 in gross rent, redevelop,(condominium conversion candidate), or completely start over. Options is the key word when describing 4775 Kahala Ave. Sale is subject to 1031 exchange.

Property Details

Amenities
A/C, Enter Phone
Building Type
Other
Sold Date
01/11/2021
Sold Price
$5,000,000
Construction Materials
Above Ground, Double Wall, Wood Frame
Furnished
Partial
Location
Other
Neighborhood
Kahala Area
Net Operating Income
156708.00
Number Of Units Total
6
Parking Features
Assigned, Covered
Parking Total
13
Property Frontage
Other, Stream/Canal
Property Type
Multi-Family
Building SqFt
8,309
Total SqFt
8,309
Status
Sold
Stories
2
Total Actual Rent
$17,250
Total Annual Operating Expenses
$50,292
Total Income
$207,000
Year Built
1982

Additional Property Info

Disclosures
1031 Exchange, Call Listor
Days on Market
653
Elementary School
Kahala
Flood Zone
Zone AE
High School
Kalani
Laundry Facilities
Individual, Washer
Property Condition
Average
Roof
Wood Shake
Tax Amount
$1,196
Tax Assessed Value
$4,016,000
Tax Assessed Value Improvements
$1,356,800
Tax Assessed Value Land
$2,659,200
Topography
Level
Utilities
Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Zoning
05 - R-5 Residential District

Location (Also shows similar listings) Get Directions

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Listing Courtesy of Island Spaces LLC Courtesy of Neil P Petagno, Island Spaces LLC.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2024 by HiCentral MLS, Ltd.

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