Status

SOLD

Type

Multifamily

MLS#

202224971

Sold Price

$1,500,000

List Price

$1,499,000

Days on Market

14

Closing Date

Jun 16, 2023

Land Area

5,612

Year Built

1947

Year Remodeled

2022

Neighborhood

Coconut Grove

Land Tenure

FS - Fee Simple

Property Description

You’ll absolutely love this one of a kind standalone 2-unit property just three blocks from the infamous Kailua beach! Nestled in the heart of Coconut Grove, the front home is a cozy 2 bedroom, 1 bath with a fully permitted 2 bedroom, 2 bath 734 sq/ft ADU built in 2018 in the back. Both properties have their own washer / dryer connection, Split AC system throughout, and ample parking for both. The property also includes solar water, an owned PV system, video surveillance system, and a large dedicated storage off of the main house.

The options are limitless for this multi unit property. Live in one and rent the other. If you’re caring for aging parents, live close but separate. Or for true investors, capitalize on the HOT Kailua rental market and rent both.

Call your agent and schedule a showing today. You won’t find another property like this one.

Additional Information

Island

Oahu

Stories Type

One

Utilities

Cable, Internet, Overhead Electricity, Telephone, Water

View

None

Easements

None

Parking Total

6

Tenants Responsibilities Include

Cable TV, Electricity, Water

Sqft Building

1483

Elementary School

Kainalu

Middle School

Kailua

High School

Kalaheo

Lot Size

5,612

Construction Materials

Above Ground, Double Wall, Masonry/Stucco

Mls Area Major

Kailua

Neighborhood

Coconut Grove

Year Built

1947

Year Remodeled

2022

Tax Amount

$316

Total Income

5500

Sewer

Other

Unit Two Bed Number Of

2

Roof

Asphalt Shingle

Recreation Facilities

None

Parking Features

Open

Lot Features

Clear

Amenities

A/C, Storage

Total Annual Operating Expenses

6600

Assessed Total

1086600

Assessed Improvement

116700

Assessed Land

969900

Zoning

05 - R-5 Residential District