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$1,105,000
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Property Description
Amazing Investment Opportunity! Fully Rented, turn-key 4 Plex, excellent CAP rate w/room to increase revenue. This 2 story multi unit, CMU base building consists of [4] 2 bedroom/1 bathroom units (2-upstairs, 2-downstairs) with separate electric meters/water heaters, individual washer hook ups and 4 covered parking stalls. This is an area renters are actively seeking. Conveniently located in desirable Aiea near Blaisdell Park and its populated bike path filled with daily visitors. This rare find offers Pearl Harbor views, easy access to freeways, shopping, dining and activities. The seasoned, long term tenants would love to stay and are ready to write their checks directly to you. Total monthly rent is $4705, calculated to over 4% Capitalization rate. There's room to grow the return as current rents for similar sized units (658 SF) are going for more. Building is easy to manage, low maintenance with one water meter. Where else can you find a ready to go, cash flowing, investors Paradise? Act quickly, deals like this don't last long. Property is being sold strictly As-Is, Sellers will not make any repairs or credits. Please do not disturb the tenants.
Full Property Details
Full Property Details for 98-161 Kaluamoi Pl
General
- Sold For: $1,105,000
- Taxes: $3,408 (2023)
- Status: Closed
- Type: Single Family
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202306615
- Added to Site: 1, 067 day(s) ago
Interior
- Flooring: Laminate, Vinyl, W/W Carpet
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Additional Information
- Pool Description: None
Parking
- Garage Description: 631 Sq. Ft.
- Parking Features: 3 Car+, Carport
Location
- Area: PearlCity
- County: Oahu
- Neighborhood: WAIMALU
Utilities
- Utility Description: Water
Structural Information
- Architectural Style: Multiple Dwellings
- Description/Design: Single Family
- Exterior Const.: Above Ground, Brick, Concrete, Single Wall, Slab
- Roof: Asphalt Shingle
- Stories/Levels: 2
- Stories Description: Two
- Square Feet: 2,696
- Living Area: 2,696 Sq. Ft.
- Year Built: 1959
- Property Condition: Average
Lot Features
- Property View: Ocean
- Lot Size (Sq. Ft.): 5,000
- Frontage: Paved Rd
- Topography: Level
- Lot Features: Clear
- Zoning: 05 - R-5 Residential District
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $3,408
- Tax Year: 2023
- Terms: Cash, Conventional, VA
Disclosures and Reports
- Ownership: FS - Fee Simple
- Special Conditions: None
- Land Tenure: Fee Simple
- Inclusions: Ceiling Fan, Range/Oven, Refrigerator, Water Heater
- Flood Zone: Zone X
- Disclosures/Reports: See Remarks
- Property ID: 1-9-8-021-018-0000
Listed by Keller Williams Honolulu
Sold by eXp Realty
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Schools
Schools serving 98-161 Kaluamoi Pl
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
Waimalu Elementary School 98-825 Moanalua Rd, Aiea, HI 96701 | PK-6 | 0.5 mi |
Aiea Intermediate School 99-600 Kulawea St, Aiea, HI 96701 | 7-8 | 2.1 mi |
Aiea High School 98-1276 Ulune St, Aiea, HI 96701 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 98-161 Kaluamoi Pl
Date
Details
Price
Change
Source
5/10/2023
Sold
$1,105,000
11.06%
MLS
3/24/2023
Listed
$995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
98-161 Kaluamoi Place, Pearl City, HI 96782 (MLS# 202306615) is a Single Family property that was sold at $1,105,000 on May 10, 2023. Want to learn more about 98-161 Kaluamoi Place? Do you have questions about finding other Single Family real estate for sale in Waimalu? You can browse all Waimalu real estate or contact a Coldwell Banker agent to request more information.

