338B Kalama St

338B Kalama St
Kailua, HI 96734

For Sale

Active Under Contract

List Price

$2,900,000 (FS)

Property Type:: Multi-Family
Studio Units:: 0
1-Bed Units:: 0
2-Bed Units:: 0
3-Bed Units:: 4

Land Area (sf):: 20,001
Living (sf):: --
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 9 - Open

MLS #:: 202408315
Island:: Oahu
Region:: Kailua
Neighborhood:: COCONUT GROVE
TMK:: 1-4-3-038-035-0000

List Date:: May 15, 2024

REMARKS:

Multi-family property in Coconut Grove. No maintenance fee, No HOA. Great for generational home, live in one and rent out the others. Rarely available level lot with 4 homes. One is a duplex each side is a 4 bedroom/1 bath and two others is a 3 bedroom/1 bath and a 5 bedroom/1.5 bath single level dwellings. A total of four units. Tenants are mo/mo. Zoning R-5. Each home has its own Electric and Water Meters. Tenants pay their own utilities. Great investment and conveniently located Kailua Town, Mall, Restaurants, Kailua & Lanikai Beach. Great for expansion plenty of room on this spacious 20, 000 sq. ft. lot of almost half acre. House will need some TLC. There are nine (9) plus parking stalls. Whether for living or investing, do not miss this opportunity. Property is to be sold "AS IS". No repairs will be done. Seller will not pay for survey and termite. Buyer is to do his/her own due diligence inspection. Please do not disturb tenants! One or more photos are enhanced.

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PROPERTY INFORMATION:

Zoning:: 5 - R-5 Residential
Furnished:: None

Year Built:: 1949
Year Remodeled:: 1983

FINANCIAL INFORMATION:

Assd. Val. Land:: $1,540,700
Assd. Val. Imprv:: $265,700
Assd. Val. Total:: $1,806,400

Tax Year:: 2024
Monthly Taxes:: $518
Home Exempt.:: --

SCHOOLS:

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

OTHER PROPERTY FEATURES:

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

Lot Description:: Flag Lot
Topography:: Level
Number of Stories:: One
Building Style:: --
Property Condition:: Average, Fair
Construction:: Single Wall, Slab, Wood Frame
Roofing:: Asphalt Shingle
Floor Covering:: --

Disclosures:: Non Resident Owner, Property Disclosure Stmt, See Remarks
Possession:: At Closing
Terms Accept.:: Cash, Conventional
Land Recorded:: Land Court

Exclusions:: --
Easements:: Egress, Ingress, Sewer
Set-Backs:: C&C, 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 Saturday, July 27, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Coldwell Banker Realty