- Overview 0.13 Acres
- Listing Type Residential
- Office: Standard Management LLC
5% cap rate on current income! This exceptional property offers 10 apartment units and 2 ground floor retail units in prestigious Kailua. The building was majorly renovated inside and outside including replacement of all utilities, new silicone waterproof roof and commercial grade gutter systems, all new stainless steel appliances, flooring, interiors, fencing and painting. All apartment units have dual-pane glass vinyl windows and balcony sliding doors, LED lighting, split AC units in bedrooms and living rooms, and individual full-size stacked LG washer-dryers located on the balconies. The 2 retail spaces benefit from a high visibility location in this upscale retail corridor. In addition to abundant street parking in the immediate area, there are 7 covered parking stalls. Located just moments from Whole Foods Market and Kailua Beach. This is a trophy, renovated asset in an incredibly desirable submarket where investment properties are rarely available for sale and could be “turnkey” for a buyer. The apartments and retails units have been split into separate TMKs (1-4-3-31-27-1 & -2) for lower property tax rates.
Essential Information
Community Information
Amenities
Utilities
Above Ground Utilities, Electricity Available, High Speed Internet Available, Sewer Available, Sewer Connected, Water Available
Interior
Exterior
School Information
Additional Information
Listing Details
Quick Details
This Single Family Residence is priced at $5,890,000 and located at 54 Maluniu Avenue, . With 0 Bedrooms and 0.00 Bathrooms, it offers a total of 0 Square feet. This Residential was built in 1965 and its status is Active. This property is represented by Michael M Okamoto of Standard Management LLC, Contact Number (808) 208-8107.
Based on information from the Multiple Listing Service of the HiCentral MLS®, Ltd. active listings last updated on May 23rd, 2025 at 12:31am HST. Information is deemed reliable but not guaranteed. Copyright: 2025 by the HiCentral MLS®, Ltd.
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