Bought with Agora Hawaii
$1,900,000
$1,800,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
2824 Kihei PL Honolulu, HI 96816
Key Details
Sold Price $1,900,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Kapahulu
MLS Listing ID 202403543
Sold Date 03/12/24
Construction Status Average Condition
HOA Y/N No
Year Built 1967
Annual Tax Amount $6,435
Property Description
6 unit apartment building in the highly sought-after neighborhood of Kapahulu. The concrete block building consists of 3 one-bedroom and 3 two-bedroom units, each accompanied by washer/dryer hookups in each unit. The building boasts 7 covered parking stalls! Separate electrical meters. Current rents are positioned below market, presenting a significant opportunity for a buyer to enhance returns through interior upgrades. The roof was recoated 2 years ago. Located behind Market City Shopping Center and just down the street from Kilohana Square, residents enjoy easy access to Kapahulu Avenue's vibrant array of restaurants and the convenience of nearby bus lines. Its proximity to the freeway, Waikiki, and the University of Hawaii makes it an ideal choice for a diverse array of tenants. This is a prime opportunity to own a piece of Kapahulu, a location that blends accessibility with the charm of Honolulu's beloved neighborhoods.
Location
State HI
County Oahu
Community None, Storage Facilities
Area Metro
Interior
Furnishings Unfurnished
Fireplace No
Laundry In Unit
Exterior
Parking Features Assigned
Community Features None, Storage Facilities
Utilities Available Above Ground Utilities, Cable Available, Electricity Available, Sewer Available, Water Available, Sewer Connected
View Y/N Yes
View City, Garden
Total Parking Spaces 7
Building
Lot Description Interior Lot, Other, Level
Entry Level Two
Sewer Connected
Level or Stories Two
Construction Status Average Condition
Others
Tax ID 1-2-7-030-051-0000
Financing Cash
Special Listing Condition None
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Christina Nishiyama (R)
SVP / Broker-in-Charge / Private Office Advisor | License ID: RB-19331
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