427 Olomana St
Kailua, HI 96734

For Sale
Sold
Sold Price
$1,500,000 (FS)
List Price
$1,499,000 (FS)
Property Type:
Multi-Family
Studio Units:
0
1-Bed Units:
0
2-Bed Units:
2
3-Bed Units:
0
Land Area (sf):
5,612
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
6 - Open
Property Photo
MLS #:
202224971
Island:
Oahu
Region:
Kailua
Neighborhood:
COCONUT GROVE
TMK:
1-4-3-043-054-0000
List Date:
Date Sold:

REMARKS:

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.

PROPERTY INFORMATION:

Zoning:
5 - R-5 Residential
Furnished:
None
Year Built:
1947
Year Remodeled:
2022

FINANCIAL INFORMATION:

Assd. Val. Land:
$969,900
Assd. Val. Imprv:
$116,700
Assd. Val. Total:
$1,086,600
Tax Year:
2022
Monthly Taxes:
$317
Home Exempt.:
--

SCHOOLS:

Elem. School:
Kainalu
Middle School:
Kailua
High School:
Kalaheo

OTHER PROPERTY FEATURES:

Frontage:
--
View:
None
Pool:
--
Amenities:
A/C, Storage
Inclusions:
--
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
Clear
Topography:
Level
Number of Stories:
One
Building Style:
--
Property Condition:
Excellent
Construction:
Above Ground, Double Wall, Masonry/Stucco
Roofing:
Asphalt Shingle
Floor Covering:
--
Disclosures:
Licensed Owner, Property Disclosure Stmt
Possession:
Negotiable
Terms Accept.:
Cash, Conventional, Other
Land Recorded:
Regular System
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 Tuesday, April 30, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Horita Realty LLC