For Sale: Sold

Kahala Beach
4999 Kahala Ave #222
Honolulu, HI 96816

$107,000 (LH)
Sold Price
$115,000 (LH)
List Price
Property Type:
Condo/Townhouse
Bedrooms:
2
Full Baths:
2
Half Baths:
0
Land Area (sf):
--
Living (sf):
1,258
Lanai (sf):
297
Other (sf):
--
Parking Stalls:
1 - Assigned, Covered - 1, Garage, Guest
MLS #:
202313103
TMK:
1-3-5-023-002-0063
List Date:
Island:
Oahu
Region:
Diamond Head
Neighborhood:
WAIALAE G/C

REMARKS:

A 2 Bedroom 2 Bathroom condo with covered parking…in Kahala… for $115, 000- ON THE BEACH. You read correctly! This is your invitation to own in the prestigious Kahala Beach Apartments for a fraction of the cost elsewhere. Surrounded by tropical gardens, Unit 222 is private and spacious with easy access to Waialae Country Club, luxurious Kahala Resort and the white sands of Kahala Beach at your doorstep Enjoy the heated pool, exercise room, community library and the safety of 24 hour security and well positioned parking space that accompany this unit. Monthly HOA fee includes all utilities: electric, water/sewer, central AC, and basic cable TV. Lessor’s projected plan is to continue as a rental after lease expiry. Enjoy the Beach and live in prime real estate for pennies. Your chance to enjoy a fabulous lifestyle for 4.5 years Kamehameha Schools lease ends July 15, 2027. We figured out the math : LH purchase + Lease rent of $85.5 per day + utilities $42 per day = 43 months of Kahala Beach Condo living.

PROPERTY INFORMATION:

Zoning:
12 - A-2 Medium Density Apartme
Furnished:
Partial
Year Built:
1966
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$496,700
Assd. Val. Imprv:
$407,000
Assd. Val. Total:
$903,700
Tax Year:
2023
Monthly Taxes:
$377
Home Exempt.:
$0
Maintenance Fees:
$1,250/mo.
Association Fees:
--/mo.
Other Fees:
--/mo.
Land Tenure:
--
FeeOptions
None
Lessor:
BP Bishop Estates
Lease Rent:
2565.00/2027
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 Friday, May 10, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Compass