47-745 Kamehameha Highway

Kaneohe, HI 96744

$1,750,000
Price
4
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Multifamily oceanfront ohana property! What a fabulous investment located in Kaneohe, Kahalu'u. Enjoy the sweeping ocean views and cool breezes. Grab your SUP or kayak and bask in the sun. The majority of the homes have been rebuilt, and more recently, renovated in 2018. This property is a 4-plex with 2 separate cottages, and 4 separate meters! Each cottage has (2) 1 bedroom units with 1 bath, 4 storage units, a shared washer and dryer, and 4 parking stalls. Each home can possibly be converted to...Multifamily oceanfront ohana property! What a fabulous investment located in Kaneohe, Kahalu'u. Enjoy the sweeping ocean views and cool breezes. Grab your SUP or kayak and bask in the sun. The majority of the homes have been rebuilt, and more recently, renovated in 2018. This property is a 4-plex with 2 separate cottages, and 4 separate meters! Each cottage has (2) 1 bedroom units with 1 bath, 4 storage units, a shared washer and dryer, and 4 parking stalls. Each home can possibly be converted to (2) 2 bedroom homes. Please see the attached detailed property video. Please also do not disturb the amazing tenants. Thank you!
  1. Listed by Susan Borochov • License #RS-62433 • Corcoran Pacific Properties • (808) 589-2040

Property Details for 47-745 Kamehameha Highway

View
Garden, Mountain, Ocean
Zoning
05 - R-5 Residential District
Neighbourhood
KAALAEA
Flood Zone
Zone AE
Stories/Levels
One
Land Tenure
FS - Fee Simple

Location

Listing Courtesy of Corcoran Pacific Properties, Susan Borochov, License #RS-62433
Add your commute
LISTING UPDATED: 04/09/2024 11:14 AM

Property Details for 47-745 Kamehameha Highway

StatusActive
MLS #202407002
Days on Market36
Taxes$956 / month
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1958
Lot Size0.10 AC / 4,491 SF
CountyHonolulu County

Location

Listing Courtesy of Corcoran Pacific Properties, Susan Borochov, License #RS-62433
Add your commute

Virtual Tour

Building Information for 47-745 Kamehameha Highway

Stories-Residences4Year Built1958Building Size-Lot Size0.10 AC / 4,491 SF

Payment Calculator

$10,506 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,550

Property Taxes

$956

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 47-745 Kamehameha Highway

Summary
Location and General Information
  • Topography: Level, Other
  • City: Kaneohe
  • County Or Parish: Oahu
  • State Or Province: HI
  • Location: Other
Taxes and HOA Information
  • Tax Amount: $955.68
  • Tax Assessed Value: $1,483,400.00
  • Tax Assessed Value Improvements: $825,200.00
  • Tax Assessed Value Land: $658,200.00
  • Tax Paid By Seller: No
  • Tax Year: 2024
  • Parcel Number: 1-4-7-017-014-0000
  • HOA YN: No
School Information
  • Elementary School: Waiahole
  • High School: Castle
  • Middle Or Junior School: King
Parking
  • Parking Features: Assigned
  • Parking Total: 4
  • Other Parking Features: None
Virtual Tour
Property
Lot Information
  • Property Frontage: Ocean, Waterfront
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family
  • Land Recorded: Land Court
  • Lot Features: Clear
  • Lot Size Area: 4491.0
  • Year Built: 1958
  • Year Remodeled: 2018
  • Building Type: Fourplex
Property and Assessments
  • Photo Count: 25
  • Property Condition: Excellent, Above Average
  • Special Listing Conditions: None
  • Disclosures: Property Disclosure Stmt
  • Foreclosure: No
  • Set Backs: Of Record
  • Supplement Count: 0
  • TMK Area: 147
  • TMK Condo Property Regime Number: 0
  • TMK Division: 1
  • TMK Parcel: 14
  • TMKPLAT: 17
  • TMK Section: 7
  • TMK Zone: 4
Utilities
  • Utilities: Cable, Cesspool, Gas, Overhead Electricity, Public Water, Sewer Fee, Water
  • Sewer: Cesspool, Connected
  • Utilities Meters: Electric, Individual, Water
Interior and Exterior Features
Exterior Features
  • Amenities: Storage
  • Construction Materials: Above Ground, Double Wall, Single Wall, Wood Frame
  • Easements: Other
  • Roof: Composition
Interior Features
  • Furnished: Partial
  • Laundry Facilities: Coin, Dryer, Washer
Multi Family
Multi-Family Information
  • Studio Units Number Of: 0
  • Unit One Number Of Bed: 4
  • Unit Three Number Of Bed: 0
  • Unit Two Number Of Bed: 0
  • Number Of Units Total: 4
Income & Expenses
  • Total Annual Operating Expenses: $7,176.00
  • Total Income: $89,700.00
  • Expenses Include: Mgmt Fee
  • Net Operating Income: $78,714.00
  • Other Income: $35.00
Agent
Sale and Listing
  • DOM: 16
  • Listing Service: Full Service
  • MLS: HI Central
  • MLS Area Major: Kaneohe
  • Status: Active
  • Public Remarks: Multifamily oceanfront ohana property! What a fabulous investment located in Kaneohe, Kahalu'u. Enjoy the sweeping ocean views and cool breezes. Grab your SUP or kayak and bask in the sun. The majority of the homes have been rebuilt, and more recently, renovated in 2018. This property is a 4-plex with 2 separate cottages, and 4 separate meters! Each cottage has (2) 1 bedroom units with 1 bath, 4 storage units, a shared washer and dryer, and 4 parking stalls. Each home can possibly be converted to (2) 2 bedroom homes.Please see the attached detailed property video. Please also do not disturb the amazing tenants. Thank you!
  • Possession: At Closing
Showing and Remarks
  • Showing Instructions: Two Day Notice Reqd, Appointment Only, Listor Must Be Present
Rental
Rent Information
  • Total Actual Rent: $7,475.00

Property History for 47-745 Kamehameha Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 47-745 Kamehameha Highway

Taxable ValueLand$811,500Additions$658,000Total$1,469,500
Tax Record2022$4,863 ($405 / month)
Home Facts
Baths4Total Finished SqFt828 SqFtAbove Grade Finished SqFt828 SqFtStories1Lot Size4,491 SqFtStyleDuplexYear Built1958Year Renovated1988ZoningR-5CountyHONOLULUAPN1-4-7-017-014

Schools near 47-745 Kamehameha Highway

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 - PK to 12
Rating
School
Distance
Waiahole Elementary School
PublicPK to 6

Castle High School
Public9 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.

Similar Homes

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Similar Sold Homes

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47-745 Kamehameha Highway is a multi-family home for sale in Kaneohe, HI 96744. This property was listed for sale on March 25, 2024 by Corcoran Pacific Properties, it's currently listed at $1,750,000. It has been on the market for a total of 36 days and was last sold on November 30, 2017. This listing's school district is Hawaii Department Of Education. Nearby schools include Waiahole Elementary School, Governor Samuel Wilder King Intermediate School and Castle High School. 47-745 Kamehameha Highway is a 4-bed, 0-bath, multi-family home built in 1958.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Corcoran Pacific Properties, Susan Borochov, License #RS-62433