481 Kawailoa Road, Unit A1A AND A1B

Kailua, HI 96734

$6,993,000
Price
5
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Awarded best of 2021 kailua! This is an extremely rare opportunity to purchase an award-winning licensed short-term vacation rental property that is in high demand in desirable Kailua. Family-operated business for over 30 years. You could not ask for a better location in Kailua with legal short-term vacation rental licenses! The new owner will also inherit the website! Home’s feature: Kukui House: 2 Bedrooms & 2 Bath, Palm Villa: 2 Bedroom & 2 Bathroom, Sunshine Villa: 1 Bedroom & 1 Bathroom. The...

Property Details for 481 Kawailoa Road, Unit A1A AND A1B

View
None
Zoning
04 - R-7.5 Residential District
Neighbourhood
KAWAILOA-KAILUA
Flood Zone
Zone X

Location

Listing Courtesy of Kailua Beach Realty, Ltd., Yukie M Pakele, License #RB-23270; Kailua Beach Realty, Ltd., Timothy J Murray, License #RS-59289

Property Details for 481 Kawailoa Road, Unit A1A AND A1B

StatusActive
MLS #202118338
Days on Market70
Taxes$360 / month
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1989
Lot Size0.18 AC / 7,825 SF
CountyHonolulu County

Listing Agent

Yukie M Pakele

Yukie M Pakele

Kailua Beach Realty, Ltd.

yukiepakele@gmail.com

P: (808) 263-6000

M: (808) 953-7538

License #RB-23270

Contact Agent(s)

Location

Listing Courtesy of Kailua Beach Realty, Ltd., Yukie M Pakele, License #RB-23270; Kailua Beach Realty, Ltd., Timothy J Murray, License #RS-59289

Building Information for 481 Kawailoa Road, Unit A1A AND A1B

Stories-Residences4Year Built1989Building Size-Lot Size0.18 AC / 7,825 SF

Payment Calculator

$23,796 per month

30 year fixed, 2.95% Interest

Principal and Interest

$23,436

Property Taxes

$360

HOA Dues

$0

Property Information for 481 Kawailoa Road, Unit A1A AND A1B

Summary
    Location and General Information
  • Topography: Level
  • City: Kailua
  • County Or Parish: Oahu
  • State Or Province: HI
  • Location: Dead End
    Taxes and HOA Information
  • Tax Amount: $360.00
  • Tax Assessed Value: $2,289,200.00
  • Tax Assessed Value Improvements: $532,700.00
  • Tax Assessed Value Land: $1,756,000.00
  • Tax Paid By Seller: No
  • Tax Year: 2021
  • Parcel Number: 1-4-3-010-032-0001
    Parking
  • Parking Features: Covered, Open
  • Parking Total: 5
  • Other Parking Features: <10 Spaces
Property
    Lot Information
  • Property Frontage: Other
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family
  • Land Recorded: Regular System
  • Land Tenure: FS - Fee Simple
  • Lot Features: Other
  • Lot Size Area: 7825.0
  • Year Built: 1989
  • Building Type: Multi Dwellings
    Property and Assessments
  • Photo Count: 24
  • Property Condition: Above Average
  • Special Listing Conditions: None
  • Disclosures: Property Disclosure Stmt
  • Foreclosure: No
  • Set Backs: C&C, Of Record
  • TMK Area: 143.0
  • TMK Condo Property Regime Number: 1.0
  • TMK Division: 1.0
  • TMK Parcel: 32.0
  • TMKPLAT: 10.0
  • TMK Section: 3.0
  • TMK Zone: 4.0
    Utilities
  • Utilities: Internet, Overhead Electricity, Public Water, Sewer Connection Reqd
  • Sewer: Connected
  • Utilities Meters: Electric, Water
Interior and Exterior Features
    Exterior Features
  • Amenities: A/C, Other, Storage
  • Construction Materials: Double Wall, Wood Frame
  • Easements: Other
  • Recreation Facilities: Pool
  • Roof: Asphalt Shingle
    Interior Features
  • Furnished: Partial
Multi Family
    Multi-Family Information
  • Studio Units Number Of: 1
  • Unit One Number Of Bed: 1
  • Unit Three Number Of Bed: 0
  • Unit Two Number Of Bed: 2
  • Unit Number: A1A and A1B
  • Stories Type: Two
  • Number Of Units Total: 4
    Income & Expenses
  • Total Annual Operating Expenses: $.00
  • Total Income: $300,000.00
  • Expenses Include: Other
  • Net Operating Income: $300,000.00
  • Other Income: $.00
Agent
    Sale and Listing
  • DOM: 70
  • Immoviewer: No
  • Listing Service: Full Service
  • MLS: HI Central
  • MLS Area Major: Kailua
  • Status: Active
  • Public Remarks: AWARDED BEST OF 2021 KAILUA! This is an extremely rare opportunity to purchase an award-winning licensed short-term vacation rental property that is in high demand in desirable Kailua. Family-operated business for over 30 years. You could not ask for a better location in Kailua with legal short-term vacation rental licenses! The new owner will also inherit the website! Home’s feature: Kukui House: 2 Bedrooms & 2 Bath, Palm Villa: 2 Bedroom & 2 Bathroom, Sunshine Villa: 1 Bedroom & 1 Bathroom. The purchase comes with two TMK’s (1-4-3-010-032-0001 and 1-4-3-010-032-0002) and must be sold together. Located directly across the street from Kailua Beach Park and walking distance to several of the top-rated beaches in the world! hiking trails (overlooking beach, Flat Island, and the Mokulua), Kayaking, golf, night life, restaurants, shopping, great schools, city public transportation, and so much more!
  • Possession: At Closing
    Showing and Remarks
  • Showing Instructions: Appointment Only, Call Listor
Rental
    Rent Information
  • Total Actual Rent: $25,000.00

Property History for 481 Kawailoa Road, Unit A1A AND A1B

DateEvent & SourcePriceAppreciation
Jul 15, 2021

Listed (Active)

HICENTRAL #202118338

$6,993,000
Jul 15, 2021

Listed (Active)

HICENTRAL #202118335

$6,993,000
DateEvent & SourcePrice
07/15/2021

Listed (Active)

HICENTRAL #202118338

$6,993,000
07/15/2021

Listed (Active)

HICENTRAL #202118335

$6,993,000

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

Schools near 481 Kawailoa Road, Unit A1A AND A1B


SchoolTypeGradesDistanceRating
Ka'ohao Public Charter SchoolCharterPK-60.0 mi
8
Kailua Intermediate SchoolPublic7-80.7 mi
8
Kalaheo High SchoolPublic9-122.3 mi
10
Malama Honua Learning Center Public Charter SchoolCharterK-64.1 mi
2

Ka'ohao Public Charter School

PK-6, 0.0 mi, Charter

8

Kailua Intermediate School

7-8, 0.7 mi, Public

8

Kalaheo High School

9-12, 2.3 mi, Public

10

Malama Honua Learning Center Public Charter School

K-6, 4.1 mi, Charter

2

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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481 Kawailoa Road, Unit A1A AND A1B is a multi-family home for sale in Kailua, HI 96734. This property was listed for sale on July 15, 2021 by Kailua Beach Realty, Ltd. at $6,993,000. This listing's school district is Hawaii Department of Education. Nearby schools include Ka'ohao Public Charter School, Kailua Intermediate School and Kalaheo High School. 481 Kawailoa Road, Unit A1A AND A1B is a 5-bed, 0-bath, multi-family home built in 1989.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kailua Beach Realty, Ltd., Yukie M Pakele, License #RB-23270; Kailua Beach Realty, Ltd., Timothy J Murray, License #RS-59289