4775 Kahala Avenue

    Honolulu, HI 96816
    • $6,950,000
    • STATUS: Active
    • ON SITE: 226 days
    • MLS #: 201908464
    UPDATED: 26 min ago
    $6,950,000
    • 0
      BEDS
    • 0.64
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,309
      SQFT
    • $836
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1982
    County:
    Area:

    School Information

    Elementary School:
    High School:

    Description

    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.

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    © 2019 HiCentral MLS, Ltd. All rights reserved.
    Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Yamashita Team | Island Life Homes.

    Licensed in the State of Hawaii, USA.
    www.islandlifehm.com/homes/93221005

    4775 Kahala Avenue Honolulu, HI 96816

    • Price: $6,950,000
    • Status: Active
    • Updated: 26 min ago
    • MLS #: 201908464
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.64
    Acres
    8,309
    SQFT
    $836
    $/SQFT
    1982
    Built
    Neighborhood:
    Kahala Area
    County:
    Oahu
    Area:
    Diamondhd
    Elementary School:
    Kahala
    High School:
    Kalani
    Property Description
    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.
    Exterior Features

    Construction Materials Above GroundDouble WallWood Frame Location Other Lot Description Other Other Parking None Parking AssignedCovered Parking Total 13 Property Frontage OtherStream/Canal Roof Wood Shake Stories Two Topography Level View None

    Interior Features

    Elevators 0 Furnished Partial Laundry IndividualWasher Sq Ft Building 8309

    Property Features

    1 Bed Units 0 2 Bed Units 0 3 Or More Bed Units 6 Amenities A/CEnter Phone Annual Expenses 50292.00 Assessed Value Improvements 1356800.00 Assessed Value Land 2659200.00 Assessed Value Total 4016000.00 Building Type Other Disclosures 1031 ExchangeCall Listor Down Payment Resource No Easements Beach Access Expenses Include Excise TaxInsuranceOtherRepair MaintenanceSewer Fee Flood Zone Zone Ae Land Recorded Land Court Land Tenure Fs - Fee Simple Listing Financing CashConventional Net Operating Income 156708.00 Other Income 0.00 Possession At Closing Property Condition Average Recreation Facilities None Set Backs Of Record Sewer Connected Special Sale Conditions None Studio Units 0 Tax Amount 1196.00 Tax Paid By Seller No Tax Year 2019 Tenant Pays Cable TvElectricity Total Actual Rent 17250.00 Total Income 207000.00 Utilities Available CableInternetOverhead ElectricityPublic WaterSewer FeeTelephoneWater Utilities Meters ElectricWater Zoning 05 - R-5 Residential District

    Listings provided courtesy of Island Spaces Llc.
    Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2019-11-13T16:58:48.63. Information is deemed reliable but not guaranteed. Copyright: 2019 by HiCentral MLS, Ltd.


    © 2019 HiCentral MLS, Ltd. All rights reserved.
    Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Yamashita Team | Island Life Homes.

    Licensed in the State of Hawaii, USA.
     
    Yamashita Team | Island Life Homes
    2243 Kauhana Street
    Honolulu HI, 96816