98-161 Kaluamoi Pl
Pearl City, HI 96782

For Sale
Sold
Sold Price
$1,105,000 (FS)
List Price
$995,000 (FS)
Property Type:
Single Family
Bedrooms:
8
Full Baths:
4
Half Baths:
0
Land Area (sf):
5,000
Living (sf):
2,696
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
4 - 3 Car+, Carport
Property Photo
MLS #:
202306615
Island:
Oahu
Region:
Pearl City/Aiea
Neighborhood:
WAIMALU
TMK:
1-9-8-021-018-0000
List Date:
Date Sold:

REMARKS:

Amazing Investment Opportunity! Fully Rented, turn-key 4 Plex, excellent CAP rate w/room to increase revenue. This 2 story multi unit, CMU base building consists of [4] 2 bedroom/1 bathroom units (2-upstairs, 2-downstairs) with separate electric meters/water heaters, individual washer hook ups and 4 covered parking stalls. This is an area renters are actively seeking. Conveniently located in desirable Aiea near Blaisdell Park and its populated bike path filled with daily visitors. This rare find offers Pearl Harbor views, easy access to freeways, shopping, dining and activities. The seasoned, long term tenants would love to stay and are ready to write their checks directly to you. Total monthly rent is $4705, calculated to over 4% Capitalization rate. There's room to grow the return as current rents for similar sized units (658 SF) are going for more. Building is easy to manage, low maintenance with one water meter. Where else can you find a ready to go, cash flowing, investors Paradise? Act quickly, deals like this don't last long. Property is being sold strictly As-Is, Sellers will not make any repairs or credits. Please do not disturb the tenants.

PROPERTY INFORMATION:

Zoning:
5 - R-5 Residential
Furnished:
--
Year Built:
1959
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$894,000
Assd. Val. Imprv:
$80,600
Assd. Val. Total:
$974,600
Tax Year:
2023
Monthly Taxes:
$284
Home Exempt.:
$0

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:
--
View:
Ocean
Pool:
None
Amenities:
--
Inclusions:
Ceiling Fan, Range/Oven, Refrigerator, Water Heater
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
Clear
Topography:
Level
Number of Stories:
Two
Building Style:
Multiple Dwellings
Property Condition:
Average
Construction:
Above Ground, Brick, Concrete, Single Wall, Slab
Roofing:
Asphalt Shingle
Floor Covering:
Laminate, Vinyl, W/W Carpet
Disclosures:
See Remarks
Possession:
At Closing
Terms Accept.:
Cash, Conventional, VA
Land Recorded:
Regular System
Exclusions:
--
Easements:
Drainage
Set-Backs:
C&C
Compensation*:
2.5

* 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 Tuesday, February 27, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Keller Williams Honolulu