59-672 Kamehameha Hwy
Haleiwa, HI 96712

For Sale
Sold
Sold Price
$2,700,000 (FS)
List Price
$2,700,000 (FS)
Property Type:
Multi-Family
Studio Units:
2
1-Bed Units:
0
2-Bed Units:
4
3-Bed Units:
1
Land Area (sf):
10,954
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
7 - Open
Property Photo
MLS #:
202222250
Island:
Oahu
Region:
North Shore
Neighborhood:
SUNSET AREA
TMK:
1-5-9-011-025-0000
List Date:
Date Sold:

REMARKS:

Motivated Seller!! Previous Appraisal came in at 3 million prior to the $280K in renovations the sellers did. Immaculate multiple dwellings; Renovated in 2022 with high-end, luxury finishes. Total of 116 owned PV Panels!!!The property is in the heart of North Shore, across from Shark's Cove and the start of the bike path to Log Cabins, Pipeline, and Rocky Point. Just a few minutes bike ride to Sunset Beach or a short walk to Waimea Bay. Legal non-conforming 14 bedrooms and 7 full baths with R-5 zoning on over 10, 0000 sqft lot with a total of 7 separate units, which has potential to generate impressive rental income. The zoning and lot size has the potential to CPR both homes! This is a one-of-a-kind property with ocean frontage, but without the ocean erosion issues and in Flood Zone X. The property has received permits to raise the back house 8ft and to the left to mimic the middle structure, which will provide ocean views from almost every unit and an extended carport and laundry room below. Ideal for investors with the potential to CPR. Don't miss out on this rare North Shore investment opportunity.

PROPERTY INFORMATION:

Zoning:
5 - R-5 Residential
Furnished:
Negotiable
Year Built:
1943
Year Remodeled:
2022

FINANCIAL INFORMATION:

Assd. Val. Land:
$984,800
Assd. Val. Imprv:
$853,500
Assd. Val. Total:
$1,838,300
Tax Year:
2022
Monthly Taxes:
$1,123
Home Exempt.:
--

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:
Waterfront
View:
Coastline, Mountain, Ocean, Sunset
Pool:
--
Amenities:
Storage
Inclusions:
--
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
Clear
Topography:
Level
Number of Stories:
Two
Building Style:
--
Property Condition:
Excellent
Construction:
Vinyl, Wood Frame
Roofing:
Asphalt Shingle, Composition
Floor Covering:
--
Disclosures:
None
Possession:
At Closing
Terms Accept.:
Cash, Conventional
Land Recorded:
Dual Systems
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 Thursday, April 25, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of eXp Realty