338 B Kalama Street

Kailua, HI 96734

$2,900,000
Price
12
Beds
4,204 Sq. Ft.
$690 / Sq. Ft.
4,204
Sq. Ft.
$690
per Sq. Ft.

Description

This is a fee simple 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...This is a fee simple 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. Buyer is to do his/her own due diligence inspection. Please do not disturb tenants!
  1. Listed by Leilani R Ornellas • License #RS-29163 • Coldwell Banker Realty • (808) 676-7200

Property Details for 338 B Kalama Street

View
Garden
Zoning
05 - R-5 Residential District
Neighbourhood
COCONUT GROVE
Flood Zone
Zone X
Stories/Levels
One
Land Tenure
FS - Fee Simple

Open Houses

Sunday, Jun 2nd

2:00 PM - 5:00 PM

PublicView Details

Location

Listing Courtesy of Coldwell Banker Realty, Leilani R Ornellas, License #RS-29163
Add your commute
LISTING UPDATED: 05/31/2024 03:31 PM

Property Details for 338 B Kalama Street

StatusActive
MLS #202408315
Days on Market16
Taxes$518 / month
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1949
Lot Size0.46 AC / 20,001 SF
CountyHonolulu County

Location

Listing Courtesy of Coldwell Banker Realty, Leilani R Ornellas, License #RS-29163
Add your commute

Building Information for 338 B Kalama Street

Stories-Residences4Year Built1949Building Size-Lot Size0.46 AC / 20,001 SF

Payment Calculator

$16,344 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,826

Property Taxes

$518

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 338 B Kalama Street

Summary
Location and General Information
  • Topography: Level
  • City: Kailua
  • County Or Parish: Oahu
  • State Or Province: HI
  • Location: Dead End, Inside, Other
Taxes and HOA Information
  • Tax Amount: $517.83
  • Tax Assessed Value: $1,806,400.00
  • Tax Assessed Value Improvements: $265,700.00
  • Tax Assessed Value Land: $1,540,700.00
  • Tax Paid By Seller: No
  • Tax Year: 2024
  • Parcel Number: 1-4-3-038-035-0000
  • HOA YN: No
Parking
  • Parking Features: Open
  • Parking Total: 9
  • Other Parking Features: None
Property
Lot Information
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family
  • SQFT Building: 4204.0
  • Sqft Total: 4204.0
  • Land Recorded: Land Court
  • Lot Features: Flag Lot
  • Lot Size Area: 20001.0
  • Year Built: 1949
  • Year Remodeled: 1983
  • Building Type: Duplex, Multi Dwellings, Other
Property and Assessments
  • Photo Count: 25
  • Property Condition: Average, Fair
  • Special Listing Conditions: None
  • Disclosures: Non Resident Owner, Property Disclosure Stmt, See Remarks
  • Foreclosure: No
  • Set Backs: C&C, Of Record
  • Supplement Count: 2
  • TMK Area: 143
  • TMK Condo Property Regime Number: 0
  • TMK Division: 1
  • TMK Parcel: 35
  • TMKPLAT: 38
  • TMK Section: 3
  • TMK Zone: 4
Utilities
  • Utilities: Cable, Internet, Overhead Electricity, Public Water, Telephone, Water
  • Sewer: Connected
  • Utilities Meters: Electric, Individual, Water
Interior and Exterior Features
Exterior Features
  • Amenities: None
  • Construction Materials: Single Wall, Slab, Wood Frame
  • Easements: Egress, Ingress, Sewer
  • Recreation Facilities: None
  • Roof: Asphalt Shingle
Interior Features
  • Furnished: None
Multi Family
Multi-Family Information
  • Studio Units Number Of: 0
  • Unit One Number Of Bed: 0
  • Unit Three Number Of Bed: 4
  • Unit Two Number Of Bed: 0
  • Number Of Units Total: 4
Income & Expenses
  • Total Annual Operating Expenses: $.00
  • Total Income: $96,600.00
  • Expenses Include: Excise Tax, Insurance, Property Tax
  • Net Operating Income: $96,600.00
  • Other Income: $.00
Agent
Sale and Listing
  • Active Open House Count: 1
  • DOM: 16
  • Listing Service: Full Service
  • MLS: HI Central
  • MLS Area Major: Kailua
  • Open House Count: 2
  • Open House Upcoming: Public: Sun Jun 2, 2:00PM-5:00PM
  • Status: Active
  • Public Remarks: This is a fee simple 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. Buyer is to do his/her own due diligence inspection. Please do not disturb tenants!
  • Possession: At Closing
Showing and Remarks
  • Showing Instructions: Appointment Only, Call Listor, Listor Must Be Present
Rental
Rent Information
  • Tenants Responsibilities Include: Cable TV, Electricity, Other, Water
  • Total Actual Rent: $8,050.00

Property History for 338 B Kalama Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 338 B Kalama Street

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Charter - 5 to 12
Rating
School
Distance
Kainalu Elementary School
PublicPK to 6

Kailua Intermediate School
Public7 to 8

Kalaheo High School
Public9 to 12

Hakipuu Academy
Charter5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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338 B Kalama Street is a multi-family home for sale in Kailua, HI 96734. This property was listed for sale on May 15, 2024 by Coldwell Banker Realty, it's currently listed at $2,900,000. This listing's school district is Hawaii Department Of Education. Nearby schools include Kainalu Elementary School, Kailua Intermediate School and Kalaheo High School. 338 B Kalama Street is a 12-bed, 0-bath, 4,204 sqft multi-family home built in 1949.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Leilani R Ornellas, License #RS-29163