Kukilakila Condominium

599 Keolu Drive B, Kailua, Oahu 96734 Get Directions

$1,210,000

 

Bedrooms
3
Full Baths
2
Half Baths
1
Total SqFt
1,380
Lot Size Area
1,794 SqFt
Land Tenure
Fee Simple
MLS #
202423607
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Overview

Looking for an investment property with steady cash flow or an owner occupant property in great condition. Consider this unit at the waterfront community of Enchanted Lake in Kailua which is peaceful, pet friendly, has resort like amenities and is just minutes to Kailua Town shops and restaurants. For the investor, this townhouse comes with 4 tenants on 12 month leases earning $8670 per month in gross monthly income; For the Owner Occupant, the seller will consider ending current leases early to facilitate owner occupancy for an acceptable offer. The property floorplan has been successfully modified from current tax records and renovated to maximize rental income (4 beds and 4 associated baths with each room equipped with WIFI enabled security keypad locks). The renovations were completed with high quality materials and substantially performed by licensed contractors. The unit is being Sold "As-Is" and is priced accordingly to reflect the unpermitted and non-conforming status of the renovations. Maintenance fees are low and cover a lot. HOA has 100% hurricane insurance. Seller to entertain pre-paying future maintenance fees for acceptably priced offers.

Property Details

Amenities
BBQ, Boat Dock, Club House, Community Association Pool, Exercise Room, Heated Pool, Patio/Deck, Pool on Property, Recreation Area, Resident Manager, Walking/Jogging Path, Wall/Fence
Association Community Name
Kukilakila
Building Name
Kukilakila
Construction Materials
Double Wall, Slab, Wood Frame
Floor Number
1
Flooring
Ceramic Tile, Vinyl
Neighborhood
Kukilakila
Parking Features
Garage, Guest, Open - 2, Street
Parking Total
4
Property Frontage
Other
Property Type
Residential
Garage Carport SqFt
454
Living Area SqFt
1,380
Lanai Open SqFt
336
Total SqFt
1,380
Status
Active
Total Actual Rent
$8,670
Unit Features
Bedroom on 1st Level, Full Bath on 1st Floor, Multi Level, Storage, Yard
View
Mountain(s)
Year Built
1973

Additional Property Info

Disclosures
Property Disclosure Stmt
Days on Market
45
Elementary School
Kaelepulu
Flood Zone
Zone X
High School
Kailua
Maintenance Expense
$709
Middle/Junior School
Kailua
Property Condition
Excellent, Above Average
Tax Amount
$313
Tax Assessed Value
$1,134,200
Tax Assessed Value Improvements
$737,100
Tax Assessed Value Land
$397,100
Zoning
05 - R-5 Residential District

Location (Also shows similar listings) Get Directions

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Listing Courtesy of Hawaii Life Courtesy of Jon S Mann, Hawaii Life.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 by HiCentral MLS, Ltd.

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