Honolulu, HI 96816,2824 Kihei PL
Listed by Keller Williams Honolulu
Bought with Agora Hawaii

$1,900,000

Est. payment /mo

$1,800,000

5.6%
Est.Price: ?

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2824 Kihei PL Honolulu, HI 96816

SOLD DATE : 03/12/2024

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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Hawaii Central MLS (HiCentralMLS)

Christina Nishiyama (R)

SVP / Broker-in-Charge / Private Office Advisor | License ID: RB-19331

+1(808) 479-3915

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