COCONUT GROVE

$1,939,000

  • MLS® #: 202421899
  • 703 Kihapai Pl
  • Kailua, HI 96734

COCONUT GROVE

$1,939,000

  • MLS® #: 202421899
  • 703 Kihapai Pl
  • Kailua, HI 96734
8 Beds
4 Baths
2,080 Sqft
.14 Acres
1956
Year Built
  • Overview 8 Beds, 4 Bath, 2080 SQ. Feet, 0.14 Acres
  • Listing Type Residential
  • Office: Town and Country Real Estate

A2 zoned 6,000sq ft lot with two duplexes (4 units total, current total rental income $8,675 per month) just a few blocks away from Kailua town. Beautiful mountain views and Maunawilli stream frontage. Walking distance to shops and restaurants, easy access to the Pali Highway. Each unit is a 2bed/ 1bath. 4 electric meters, recently applied for permitting to upgrade all 4 electric meters to 100amp each. One water meter, recently upgraded all water supply lines to copper. The average rent per unit currently is approx $2,169/month. Some rents are below market value. Great tenants, all of them currently are on month-to-month leases and would love to stay. Current monthly expenses: $400 water, $75 yard service, $179 insurance. GE tax $390, property tax $436 per month. Zoning allows for a wide variety of development ideas with one of the lowest tax rates available in Hawaii. Sellers might do 1031 Exchange. Listor is a licensed real estate broker and one of the owners. Multiple tenants, please allow enough time to arrange it when scheduling a showing. Proof of funds/ pre-approval is requested before showing. Please do not disturb the tenants. Also listed in Multi Family MLS#202421887.

Essential Information

MLS® #202421899
Price$1,939,000
Bedrooms8
Bathrooms4.00
Full Baths4
Square Footage2,080
Acres0.14
Year Built1956
TypeResidential
Sub-TypeSingle Family
Land TenureFS - Fee Simple
StyleDuplex, Multiple Dwellings
StatusActive

Community Information

Address703 Kihapai Pl
AreaKailua
SubdivisionCOCONUT GROVE
CityKailua
StateHI
Zip Code96734

Amenities

AmenitiesNone
Parking Spaces5
Parking3 Car+
ViewMountain, Other
Is WaterfrontYes
WaterfrontStream/Canal
PoolNone

Utilities

Cable, Internet, Overhead Electricity, Public Water, Sewer Fee

Interior

StoriesOne

Exterior

ExteriorAbove Ground, Single Wall
Lot DescriptionClear
RoofComposition
FrontageOther, Stream/Canal

Additional Information

Date ListedOctober 11th, 2024
Days on Market33
Description Land TenureFS - Fee Simple

Zoning

12 - A-2 Medium Density Apartme

Listing Details

OfficeTown and Country Real Estate
Office Contact(808) 389-4004

COCONUT GROVE Map

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Quick Details

This Single Family Residence is priced at $1,939,000 and located at 703 Kihapai Pl, . With 8 Bedrooms and 4.00 Bathrooms, it offers a total of 2080 Square feet. This Residential was built in 1956 and its status is Active. This property is represented by Tony Groman of Town and Country Real Estate, Contact Number (808) 389-4004.

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Based on information from the Multiple Listing Service of the HiCentral MLS®, Ltd. active listings last updated on November 14th, 2024 at 12:21am HST. Information is deemed reliable but not guaranteed. Copyright: 2024 by the HiCentral MLS®, Ltd.

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