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2824 Kihei Place, Honolulu, HI 96816
$1,900,000
2824 Kihei Place, Honolulu, HI 96816View this property at 2824 Kihei Place, Honolulu, HI 96816
2824 Kihei PlaceHonoluluHI96816
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Property Description
6 unit apartment building in the highly sought-after neighborhood of Kapahulu. The concrete block building consists of 3 one-bedroom and 3 two-bedroom units, each accompanied by washer/dryer hookups in each unit. The building boasts 7 covered parking stalls! Separate electrical meters. Current rents are positioned below market, presenting a significant opportunity for a buyer to enhance returns through interior upgrades. The roof was recoated 2 years ago. Located behind Market City Shopping Center and just down the street from Kilohana Square, residents enjoy easy access to Kapahulu Avenue's vibrant array of restaurants and the convenience of nearby bus lines. Its proximity to the freeway, Waikiki, and the University of Hawaii makes it an ideal choice for a diverse array of tenants. This is a prime opportunity to own a piece of Kapahulu, a location that blends accessibility with the charm of Honolulu's beloved neighborhoods.
Full Property Details
Full Property Details for 2824 Kihei Pl
General
- Sold For: $1,900,000
- Taxes: $6,432 (2024)
- Status: Closed
- Type: Multi-Family
- MLS ID: 202403543
- Added to Site: 79 day(s) ago
Interior
- Furnishings: None
Rooms
Other Rooms
- Laundry: Individual
Additional Information
- Amenities: Storage
- Recreation: None
Parking
- Parking Features: Assigned
- Parking Type: Assigned
- Other Parking Type: None
Location
- Area: Metro
- County: Oahu
- Neighborhood: KAPAHULU
Community
- Mgmt. Company: Melvin Tsutsumi
Utilities
- Sewer: Connected
- Utility Description: Cable, Overhead Electricity, Sewer Fee, Water
- Metering: Electric
Structural Information
- Description/Design: Multi-Family
- Exterior Const.: Concrete
- Roof: Other
- Stories/Levels: 2
- Stories Description: Two
- Square Feet: 3,584
- Year Built: 1967
- Remodeled/Updated: 1968
- Property Condition: Average
Unit Information
- 1 Bedroom Units: 3
- 2 Bedroom Units: 3
Lot Features
- Property View: City, Garden
- Lot Size (Sq. Ft.): 5,653
- Topography: Level
- Lot Features: Other
- Zoning: 12 - A-2 Medium Density Apartme
- Lot Description: Other
Financial Considerations
- Expenses: Insurance
- Operating Expenses: $29,000
- Tax Amount: $6,432
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: FS - Fee Simple
- Special Conditions: None
- Land Tenure: Fee Simple
- Flood Zone: Zone X
- Disclosures/Reports: Property Disclosure Stmt, Relative of Licensee
- Property ID: 1-2-7-030-051-0000
Listed by Keller Williams Honolulu
Sold by Agora Hawaii
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Schools
Schools serving 2824 Kihei Pl
School District:Hawaii Department Of Education
Rating | Name | Grades | Distance |
---|---|---|---|
2759 S King St, Honolulu, HI 96826 | K-5 | 0.4 mi | |
1633 S King St, Honolulu, HI 96826 | 6-8 | 1.5 mi | |
2705 Kaimuki Ave, Honolulu, HI 96816 | 9-12 | 0.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2824 Kihei Pl
Date
Details
Price
Change
Source
3/12/2024
Sold
$1,900,000
5.56%
MLS
2/13/2024
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2824 Kihei Place, Honolulu, HI 96816 (MLS# 202403543) is a Multi-Family property that was sold at $1,900,000 on March 12, 2024. Want to learn more about 2824 Kihei Place? Do you have questions about finding other Multi-Family real estate for sale in Kapahulu? You can browse all Kapahulu real estate or contact a Coldwell Banker agent to request more information.