For Sale: Sold

Kahala Beach
4999 Kahala Ave #272
Honolulu, HI 96816

$315,000 (LH)
Sold Price
$324,000 (LH)
List Price
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
TMK:
1-3-5-023-002-0174
List Date:
Island:
Oahu
Region:
Diamond Head
Neighborhood:
WAIALAE G/C

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.

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:
--
FeeOptions
None
Lessor:
KSBE
Lease Rent:
6559.00/2027
Next Step-Up:
--/--
2nd Step-Up:
--/--
Fee Purchase:
--
Reneg Date:
--
Lease Exp:
--

SCHOOLS:

Elementary School:
--
Middle School:
--
High School:
--

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 Portfolio