54 Maluniu Ave

54 Maluniu Ave
Kailua, HI 96734

For Sale

Sold

Sold Price

$3,315,000 (FS)

List Price

$3,495,000 (FS)

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

Land Area (sf):: 5,610
Living (sf):: --
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 7 - Covered, Open

MLS #:: 202213661
Island:: Oahu
Region:: Kailua
Neighborhood:: KALAMA/CNUT GROV
TMK:: 1-4-3-031-027-0000

List Date:: July 16, 2022
Date Sold:: November 25, 2022

REMARKS:

Diamond in the rough! Available for the first time in decades, this incredible property includes both residential and commercial space in the heart of Kailua Town! This building has 10 1-bedroom units and a large commercial space with 2 half bathrooms, an office/storage room, and 7 parking stalls. Fantastic location near municipal parking and surrounded by restaurants, shops, and medical offices. It needs complete restoration but imagine the possibilities and legacy this building offers. See it now before it's gone!

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PROPERTY INFORMATION:

Zoning:: 32 - B-2 Community Business Dis
Furnished:: --

Year Built:: 1965
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $1,430,600
Assd. Val. Imprv:: $491,400
Assd. Val. Total:: $1,922,000

Tax Year:: 2022
Monthly Taxes:: $2,016
Home Exempt.:: --

SCHOOLS:

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

OTHER PROPERTY FEATURES:

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

Lot Description:: Clear
Topography:: Level
Number of Stories:: Three
Building Style:: --
Property Condition:: Fair, Needs Major Repair
Construction:: Above Ground, Hollow Tile
Roofing:: Composition
Floor Covering:: --

Disclosures:: None
Possession:: At Closing
Terms Accept.:: Cash, Conventional
Land Recorded:: Land Court

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 Wednesday, April 24, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of BHGRE Advantage Realty