703 Kihapai Place
703 Kihapai Place
Kailua, HI 96734
$2,050,000
Price
8
Beds
2,080 Sq. Ft.
$986 / Sq. Ft.
2,080
Sq. Ft.
$986
per Sq. Ft.
Description
A2 zoned 6,000sq ft lot with two duplexes (4 units total) just a few blocks away from Kailua town. Each unit is a 2bed/ 1bath. 4 electric meters, one water meter. Average rent per unit currently is approx $2,169/month. Beautiful mountain views and Maunawilli stream frontage. Current monthly expenses: approx $400 water, $75 yard service, $179 insurance. GE tax $390, property tax $436 per month. Sellers might do 1031 Exchange. Listor is a licensed real estate broker and one of the owners. Proof of...A2 zoned 6,000sq ft lot with two duplexes (4 units total) just a few blocks away from Kailua town. Each unit is a 2bed/ 1bath. 4 electric meters, one water meter. Average rent per unit currently is approx $2,169/month. Beautiful mountain views and Maunawilli stream frontage. Current monthly expenses: approx $400 water, $75 yard service, $179 insurance. GE tax $390, property tax $436 per month. Sellers might do 1031 Exchange. Listor is a licensed real estate broker and one of the owners. Proof of funds/ pre-approval is requested prior to showing. Multiple tenants, please allow enough time to arrange it when scheduling a showing. Please do not disturb the tenants. Also listed as Residential MLS #202404361.
- Listed by Tony Groman • License #RB-22279 • Town and Country Real Estate • (808) 389-4004
- Listed by Evelina Zivatkauskaite • License #RB-23589 • Town and Country Real Estate • (808) 389-4004
Property Details for 703 Kihapai Place
View
Mountain, Other
Zoning12 - A-2 Medium Density Apartme
NeighbourhoodCOCONUT GROVE
Flood ZoneZone AH
Stories/LevelsOne
Land TenureFS - Fee Simple
Location
Listing Courtesy of Town and Country Real Estate, Tony Groman, License #RB-22279; Town and Country Real Estate, Evelina Zivatkauskaite, License #RB-23589
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LISTING UPDATED: 02/28/2024 09:34 AM
Property Details for 703 Kihapai Place
| Status | Active |
|---|---|
| MLS # | 202401479 |
| Days on Market | 63 |
| Taxes | $436 / month |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Multi-Family |
| Year Built | 1956 |
| Lot Size | 0.14 AC / 6,000 SF |
| County | Honolulu County |
Location
Listing Courtesy of Town and Country Real Estate, Tony Groman, License #RB-22279; Town and Country Real Estate, Evelina Zivatkauskaite, License #RB-23589
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Building Information for 703 Kihapai Place
Stories-Residences4Year Built1956Building Size-Lot Size0.14 AC / 6,000 SF
Payment Calculator
$11,624 per month
30 year fixed, 7.25% Interest
Principal and Interest
$11,188
Property Taxes
$436
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 703 Kihapai Place
Summary
Location and General Information
- Topography: Level
- City: Kailua
- County Or Parish: Oahu
- State Or Province: HI
- Location: Cul-De-Sac, Dead End
Taxes and HOA Information
- Tax Amount: $436.00
- Tax Assessed Value: $1,495,100.00
- Tax Assessed Value Improvements: $183,100.00
- Tax Assessed Value Land: $1,312,000.00
- Tax Paid By Seller: No
- Tax Year: 2024
- Parcel Number: 1-4-3-058-040-0000
- HOA YN: No
Parking
- Parking Features: Open
- Parking Total: 5
- Other Parking Features: None
Property
Lot Information
- Property Frontage: Other, Stream/Canal
- Property Sub Type: Multi-Family
- Property Type: Multi-Family
- SQFT Building: 2080.0
- Sqft Total: 2080.0
- Land Recorded: Land Court
- Lot Features: Clear
- Lot Size Area: 6000.0
- Year Built: 1956
- Year Remodeled: 1990
- Building Type: Duplex, Multi Dwellings
Property and Assessments
- Documents: Lease Documents
- Photo Count: 3
- Property Condition: Above Average, Average
- Special Listing Conditions: None
- Disclosures: 1031 Exchange, Call Listor, Licensed Owner, Listor Owner, Pet on Property, Property Disclosure Stmt
- Foreclosure: No
- Set Backs: C&C
- TMK Area: 143
- TMK Condo Property Regime Number: 0
- TMK Division: 1
- TMK Parcel: 40
- TMKPLAT: 58
- TMK Section: 3
- TMK Zone: 4
Utilities
- Utilities: Cable, Internet, Overhead Electricity, Public Water, Sewer Fee
- Sewer: Connected
- Utilities Meters: Electric, Water
Interior and Exterior Features
Exterior Features
- Amenities: None
- Construction Materials: Above Ground, Single Wall
- Easements: None
- Elevators Number Of: 0
- Recreation Facilities: None
- Roof: Composition
Interior Features
- Furnished: None
- Laundry Facilities: Individual
Multi Family
Multi-Family Information
- Studio Units Number Of: 0
- Unit One Number Of Bed: 0
- Unit Three Number Of Bed: 0
- Unit Two Number Of Bed: 4
- Number Of Units Total: 4
Income & Expenses
- Total Annual Operating Expenses: $17,767.00
- Total Income: $104,100.00
- Expenses Include: Excise Tax, Insurance, Other, Property Tax, Sewer Fee
- Net Operating Income: $86,333.00
- Other Income: $.00
Agent
Sale and Listing
- DOM: 2
- Listing Service: Full Service
- MLS: HI Central
- MLS Area Major: Kailua
- Status: Active
- Public Remarks: A2 zoned 6,000sq ft lot with two duplexes (4 units total) just a few blocks away from Kailua town. Each unit is a 2bed/ 1bath. 4 electric meters, one water meter. Average rent per unit currently is approx $2,169/month. Beautiful mountain views and Maunawilli stream frontage. Current monthly expenses: approx $400 water, $75 yard service, $179 insurance. GE tax $390, property tax $436 per month. Sellers might do 1031 Exchange. Listor is a licensed real estate broker and one of the owners. Proof of funds/ pre-approval is requested prior to showing. Multiple tenants, please allow enough time to arrange it when scheduling a showing. Please do not disturb the tenants. Also listed as Residential MLS #202404361.
- Possession: At Closing, Subject To Tenancy
Showing and Remarks
- Showing Instructions: Two Day Notice Reqd, Appointment Only, Call Listor, Listor Must Be Present
Rental
Rent Information
- Tenants Responsibilities Include: Cable TV, Electricity
- Total Actual Rent: $8,675.00
Property History for 703 Kihapai Place
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 703 Kihapai Place
Taxable ValueLand$1,312,000Additions$179,000Total$1,491,000
Tax Record2022$4,885 ($407 / month)
Home Facts
Total Finished SqFt2,080 SqFtAbove Grade Finished SqFt2,080 SqFtStories1Lot Size6,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1956Year Renovated1990ZoningA-2CountyHONOLULUAPN1-4-3-058-040
Schools near 703 Kihapai Place
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 |
|---|---|---|
Kailua 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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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 Town and Country Real Estate, Tony Groman, License #RB-22279; Town and Country Real Estate, Evelina Zivatkauskaite, License #RB-23589