2523 Lai Rd

2523 Lai Rd
Honolulu, HI 96816

For Sale

Sold

Sold Price

$1,800,000 (FS)

List Price

$1,800,000 (FS)

Property Type:: Single Family
Bedrooms:: 9
Full Baths:: 5
Half Baths:: 0

Land Area (sf):: 21,500
Living (sf):: 3,010
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 3 - 3 Car+, Carport, Street

MLS #:: 202404020
Island:: Oahu
Region:: Diamond Head
Neighborhood:: PALOLO
TMK:: 1-3-4-012-009-0000

List Date:: March 20, 2024
Date Sold:: May 01, 2024

REMARKS:

For the first time, this multi-generational family home in Palolo with THREE LEGAL DWELLINGS is being made available for sale. The entire property has been maintained with exceptional care and offers a great opportunity for extended family use and/or income generation. The primary Home #1 has 5 bedrooms and 3 full baths; 3/2 upstairs with a full kitchen and 2/1 downstairs with a wet bar. Home #2 and Home #3 are separate permitted units with 2bed/1bath. All 3 homes are separately metered with views of Palolo valley to Honolulu city and the ocean and are all equipped with their own laundry and garden area for true independent living. This is a must see with potential as a terrific long-term investment. NOTE: Some of the units were rented to family/friends below market rents. Please consult your real estate agent for rental comps.

View Map

PROPERTY INFORMATION:

Zoning:: 5 - R-5 Residential
Furnished:: Partial

Year Built:: 1967
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $750,100
Assd. Val. Imprv:: $277,800
Assd. Val. Total:: $1,027,900

Tax Year:: 2024
Monthly Taxes:: $253
Home Exempt.:: $160,000

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:: --
View:: City, Garden, Mountain, Ocean
Pool:: None
Amenities:: --
Inclusions:: Book Shelves, Ceiling Fan, Chandelier, Disposal, Dryer, Range/Oven, Refrigerator, Solar Heater, Washer, Water Heater
Security:: --
Assn. Fee Inclusions:: --
Other Fee Inclusions:: --

Lot Description:: Clear, Other
Topography:: Steep Slope, Terraced, Up Slope
Number of Stories:: One, Two
Building Style:: Multiple Dwellings
Property Condition:: Above Average, Average
Construction:: Above Ground, Hollow Tile, Single Wall, Slab, Wood Frame
Roofing:: Aluminum/Steel, Composition
Floor Covering:: Hardwood, Other, Vinyl, W/W Carpet

Disclosures:: See Remarks
Possession:: 45 Days or Less, At Closing
Terms Accept.:: Cash, Conventional
Land Recorded:: Regular System

Exclusions:: --
Easements:: Electric
Set-Backs:: C&C, 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 18, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Luva LLC