432 Kalaimoku St

432 Kalaimoku St
Honolulu, HI 96815

For Sale

Sold

Sold Price

$1,368,000 (FS)

List Price

$1,455,000 (FS)

Property Type:: Lots/Acres/Farms
Bedrooms:: --
Full Baths:: --
Half Baths:: --

Land Area (sf):: 4,500
Living (sf):: --
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: ----

MLS #:: 202219671
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: WAIKIKI
TMK:: 1-2-6-016-005-0000

List Date:: September 22, 2022
Date Sold:: April 10, 2023

REMARKS:

RARE and HIGHLY SOUGHT AFTER 4500 SF clear lot with X-2 apartment precinct zoning in Waikiki. Possible Multi-family Development (Permitted use in the Apartment Precinct) using relaxed ACT 7 rules or hold in your portfolio for generational wealth building. This parcel is situated between Kuhio & Ala Wai Blvd. Its a short walk to Ala Wai Canal and just down the street from world class beaches, shops, excellent eateries, the Ritz Carlton, Fort Derussy and Royal Hawaiian Shopping Center. Excellent investment opportunity in the famous and high sought-after Waikiki area. Buyer to do due diligence for development potential.

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PROPERTY INFORMATION:

Zoning:: X2 - Apartment Precinct
Furnished:: --

Year Built:: --
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $1,456,900
Assd. Val. Imprv:: $0
Assd. Val. Total:: $1,456,900

Tax Year:: 2022
Monthly Taxes:: $425
Home Exempt.:: --

Maintenance Fees:: $0/mo.
Association Fees:: $0/mo.
Other Fees:: $0/mo.

SCHOOLS:

Elem. School:: Ala Wai
Middle School:: Washington
High School:: Kaimuki

OTHER PROPERTY FEATURES:

Frontage:: --
View:: None
Pool:: --
Amenities:: --
Inclusions:: --
Security:: --
Assn. Fee Inclusions:: --
Other Fee Inclusions:: --

Lot Description:: Clear
Topography:: Level
Number of Stories:: --
Building Style:: --
Property Condition:: --
Construction:: --
Roofing:: --
Floor Covering:: --

Disclosures:: Property Disclosure Stmt
Possession:: --
Terms Accept.:: Cash, Conventional, 1031 Exchange
Land Recorded:: Land Court

Exclusions:: --
Easements:: None
Set-Backs:: C&C

Compensation*:: 2.5
Compensation Type:: --

* The offer of compensation to cooperating brokers is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Friday, May 3, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of LUXE Real Estate