414 Koa St

414 Koa St
Wahiawa, HI 96786

For Sale

Sold

Sold Price

$2,200,000 (FS)

List Price

$2,149,000 (FS)

Property Type:: Multi-Family
Studio Units:: 0
1-Bed Units:: 0
2-Bed Units:: 10
3-Bed Units:: 0

Land Area (sf):: 53,927
Living (sf):: --
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 10 - Assigned, Open

MLS #:: 201905174
Island:: Oahu
Region:: Central Oahu
Neighborhood:: GOVT/AG
TMK:: 1-7-1-001-014-0000

List Date:: March 29, 2019
Date Sold:: July 23, 2019

REMARKS:

RARELY AVAILABLE LARGE R-5 ZONED PARCEL OF OVER 50, 000SF FOR SALE! At a dead-end spot in cool, lush Wahiawa for privacy and surrounded by greenery, this is a lovely place for a home. 10 existing units; all 2&3-bedroom/1-bath plantation-style cottages have been a terrific income property for decades. Keep as a long-term cash flow rental with ~5% cap rate, & the upside possible CPR development opportunity! Buyer to do own DUE DILIGENCE. This property is ready to go!

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PROPERTY INFORMATION:

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

Year Built:: 1941
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $1,309,600
Assd. Val. Imprv:: $470,800
Assd. Val. Total:: $1,780,400

Tax Year:: 2019
Monthly Taxes:: $248
Home Exempt.:: --

SCHOOLS:

Elem. School:: Wahiawa
Middle School:: Wahiawa
High School:: Leilehua

OTHER PROPERTY FEATURES:

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

Lot Description:: Irregular, Rim Lot, Wooded
Topography:: Down Slope, Gentle Slope, Level, Up Slope
Number of Stories:: One
Building Style:: --
Property Condition:: Above Average, Average, Fair
Construction:: Above Ground, Other, Single Wall, Wood Frame
Roofing:: Aluminum/Steel, Asphalt Shingle, Other
Floor Covering:: --

Disclosures:: Inactive Licensed Owner, Non Resident Owner, Pet on Property, See Remarks
Possession:: At Closing, Subject To Tenancy
Terms Accept.:: Cash, Conventional, 1031 Exchange, Other
Land Recorded:: Land Court

Exclusions:: --
Easements:: Other
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 Wednesday, April 24, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of KFG Properties, Inc.