4999 Kahala Ave #272

Kahala Beach
4999 Kahala Ave #272
Honolulu, HI 96816

For Sale

Sold

Sold Price

$315,000 (LH)

List Price

$324,000 (LH)

Property Type:: Condo/Townhouse
Bedrooms:: 3
Full Baths:: 2
Half Baths:: 1

Land Area (sf):: 291,024
Living (sf):: 3,440
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 2 - Assigned, Covered - 2

MLS #:: 202024874
Island:: Oahu
Region:: Diamond Head
Neighborhood:: WAIALAE G/C
TMK:: 1-3-5-023-002-0174

List Date:: September 28, 2020
Date Sold:: November 09, 2020

REMARKS:

This property is being sold AS IS, no repairs or replacemnts of any kind will be done. I know it sounds too good to be true but here's the catch. This is a leasehold property and in JUly 2027 you must surrender the property, the lease will not be extended and you must move out. The land is owned by Kamehameha Schools Bishop Estate and the buildings will revert back to the landowner.

View Map

PROPERTY INFORMATION:

Zoning:: 12 - A-2 Medium Density Apartme
Furnished:: Negotiable

Year Built:: 1966
Year Remodeled:: 1995

FINANCIAL INFORMATION:

Assd. Val. Land:: $964,800
Assd. Val. Imprv:: $3,685,500
Assd. Val. Total:: $4,650,300

Tax Year:: 2019
Monthly Taxes:: $1,321
Home Exempt.:: $0

Maintenance Fees:: $3,042/mo.
Association Fees:: --/mo.
Other Fees:: --/mo.

Land Tenure: Leasehold
Fee Options: None
Lessor:: KSBE

Lease Rent:: 6559.00/2027
Next Step-Up:: --/--
2nd Step-Up:: --/--

Fee Purchase:: --
Reneg Date:: --
Lease Exp:: --

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:: Ocean, Sandy Beach
View:: Ocean
Pool:: --
Amenities:: Exercise Room, Heated Pool, Meeting Room, Resident Manager, Security Guard, Storage, Trash Chute, Wall/Fence
Inclusions:: AC Central, Cable TV, Ceiling Fan, Dishwasher, Disposal, Drapes, Dryer, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector
Security:: Key, Keyed Elevator, Security Patrol
Assn. Fee Inclusions:: AC Central, Cable TV, Electricity, Hot Water, Sewer, Water
Other Fee Inclusions:: Lease Rent, Maintenance

Lot Description:: --
Topography:: --
Number of Stories:: 4-7
Building Style:: Low-Rise 6 or Less Stories
Property Condition:: Above Average
Construction:: Concrete
Roofing:: --
Floor Covering:: Marble/Granite, W/W Carpet

Disclosures:: Call Listor, Property Disclosure Stmt
Possession:: At Closing
Terms Accept.:: Cash
Land Recorded:: Dual Systems

Exclusions:: Other
Easements:: --
Set-Backs:: --

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 Portfolio