3316 Campbell Ave
Honolulu, HI 96815

For Sale
Sold
Sold Price
$2,400,000 (FS)
List Price
$2,460,000 (FS)
Property Type:
Multi-Family
Studio Units:
0
1-Bed Units:
0
2-Bed Units:
3
3-Bed Units:
0
Land Area (sf):
6,914
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
5 - Covered, Open
Property Photo
MLS #:
202320785
Island:
Oahu
Region:
Diamond Head
Neighborhood:
KAPAHULU
TMK:
1-3-1-012-015-0000
List Date:
Date Sold:

REMARKS:

Rarely available opportunity in Kapahulu! Priced attractively at tax-assessed value. B-2 Zoned with 3 structures & 4 units: a 957 sf Retail Shop, a 780 sf 2/1 Single Family Home, and a 1, 276 sf Duplex with two 638 sf 2/1 units. Two carports with a total of 5 parking, plus street parking. Ready to go with 5 electrical meters. Super convenient and desirable location only 0.9 miles to the closest freeway onramp, and 0.9 miles to "walls" at world famous Waikiki Beach, plus a plethora of eateries in the immediate area. All units are vacant except for Duplex A; tenant will vacate at closing. Make use of the property quickly with a few repairs, make some upgrades for increased revenue, or explore the option to redevelop affordable rental units under Bill 7 to maximize the property’s highest & best use. Historical income numbers are below market, as family has lived in 2 units rent-free for years, leaving you plenty of upside. Property is being sold Strictly As-Is. Bath count (3.5) does not match city records (3). Structures have deferred maintenance, buyers to conduct their own due diligence. Please do not disturb tenants. Act quickly. Don’t miss your chance to own this amazing property!

PROPERTY INFORMATION:

Zoning:
32 - B-2 Community Business Dis
Furnished:
--
Year Built:
1949
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$2,250,000
Assd. Val. Imprv:
$209,500
Assd. Val. Total:
$2,460,000
Tax Year:
2023
Monthly Taxes:
$2,542
Home Exempt.:
--

SCHOOLS:

Elem. School:
--
Middle School:
--
High School:
--

OTHER PROPERTY FEATURES:

Frontage:
--
View:
Mountain
Pool:
--
Amenities:
A/C
Inclusions:
--
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
Clear
Topography:
Level
Number of Stories:
One
Building Style:
--
Property Condition:
Average
Construction:
Concrete, Single Wall
Roofing:
Aluminum/Steel, Asphalt Shingle, Composition, Other
Floor Covering:
--
Disclosures:
Property Disclosure Stmt
Possession:
At Closing
Terms Accept.:
Cash, 1031 Exchange, Other, Purchase Money Mortgage
Land Recorded:
Regular System
Exclusions:
--
Easements:
None
Set-Backs:
Of Record
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 Saturday, May 4, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Keller Williams Honolulu