Register (optional)
Forgot Password
  • Listing Image
  • Listing Image
  • Listing Image
  • Listing Image
  • Listing Image
  • Listing Image
  • Listing Image
  • Listing Image
  • Listing Image
  • Listing Image
  • Listing Image
  • Listing Image
  • Listing Image
  • Listing Image
  • Listing Image
  • Listing Image
  • Listing Image
  • Listing Image
  • Listing Image
  • Listing Image
MLS: 202421899 (Active - For Sale)
 
Asking Price: $1,939,000 FS - Fee Simple
Type: Residential
District: Kailua
Address: 703 Kihapai Place, Kailua, HI
Neighborhood: Coconut Grove
Beds: 8   Baths: 4
Living Area: 2,080 SF
Style: Duplex,Multiple Dwellings
Land Area: 6,000 SF
View: Mountain,Other
Parking: 3 Car+
Days on Market: 122
Year Built: 1956
Zoning: 12 - A-2 Medium Density Apartme
Land Recorded: Land Court
Property Taxes: $436
Assessed Value: $1,495,100
Assessed Ratio: 129.69%
Listing Courtesy: Town and Country Real Estate
Google Map   County Records
 
Add to Watch List
Print Version
Request Info
 
All Homes For Sale in Coconut Grove


A2 zoned 6,000sq ft lot with two duplexes (4 units total, current total rental income $8,675 per month) just a few blocks away from Kailua town. Beautiful mountain views and Maunawilli stream frontage. Walking distance to shops and restaurants, easy access to the Pali Highway. Each unit is a 2bed/ 1bath. 4 electric meters, recently applied for permitting to upgrade all 4 electric meters to 100amp each. One water meter, recently upgraded all water supply lines to copper. The average rent per unit currently is approx $2,169/month. Some rents are below market value. Great tenants, all of them currently are on month-to-month leases and would love to stay. Current monthly expenses: $400 water, $75 yard service, $179 insurance. GE tax $390, property tax $436 per month. Zoning allows for a wide variety of development ideas with one of the lowest tax rates available in Hawaii. Sellers might do 1031 Exchange. Listor is a licensed real estate broker and one of the owners. Multiple tenants, please allow enough time to arrange it when scheduling a showing. Proof of funds/ pre-approval is requested before showing. Please do not disturb the tenants. Also listed in Multi Family MLS#202421887.

2 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
20170600903/15/201705/19/2017$900,000$900,000
20212419009/20/202102/02/2022$1,490,000$1,490,000

3 Comparable Homes Sold in Coconut Grove (Last 12 months)
Description List Date Sold Date List Price Sold Price
8 Bed 4 Bath
(w/ Ohana)
02/01/202403/12/2024$1,250,000$1,400,000
8 Bed 4 Bath
(w/ Ohana)
12/12/202305/07/2024$1,380,000$1,360,000
8 Bed 4 Bath
(w/ Ohana)
10/27/202303/01/2024$1,395,000$1,350,000
Average Price:  $1,370,000

 
Information is deemed reliable but not guaranteed.
Copyright: 2015 by the HiCentral MLS, Ltd.
 
IDX information is provided exclusively for consumer's personal, non-commercial
use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing.
 
The active listings on this site are listed by other REALTORS®. If you are
interested in those listings, we may represent you as the buyer's agent.
Maui Luxury Real Estate, LLC is a real estate brokerage firm licensed to
conduct business in the State of Hawaii.
SEARCH
OAHU REAL ESTATE
Pool

Foreclosures   Short Sales
Bedrooms:
Price:
View:
Frontage:


(Try our Detailed Oahu MLS Search)
CALCULATE MORTGAGE