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MLS: 202423607 (Active - For Sale)Condo: Kukilakila #B
 
Asking Price: $1,210,000 FS - Fee Simple
Type: Condominium
District: Kailua
Address: 599 Keolu Drive, Kailua, HI
Maintenance Fee: 709.00
Neighborhood: Kukilakila
Beds: 3   Baths: 2 Full / 1 Half
Living Area: 1,380 SF
Land Area: 1,794 SF
View: Mountain,Sunrise,Sunset
Parking: Garage,Guest,Open - 2,Street
Garage/Carport Area: 454 SF
Amenities: BBQ,Boat Dock,Club House,Community Association Pool,Exercise Room,Heated Pool,Patio/Deck,Pool on Pro
Days on Market: 97
(The Price of the property was lowered by $115,000 on 12/13/2024)
Year Built: 1973
Zoning: 05 - R-5 Residential District
Land Recorded: Regular System
Property Taxes: $313
Assessed Value: $1,134,200
Assessed Ratio: 106.68%
Listing Courtesy: Hawaii Life
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All Units For Sale in Kukilakila


Looking for an investment property with steady cash flow or an owner occupant property in great condition. Consider this unit at the waterfront community of Enchanted Lake in Kailua which is peaceful, pet friendly, has resort like amenities and is just minutes to Kailua Town shops and restaurants. For the investor, this townhouse comes with 4 tenants on 12 month leases earning $8670 per month in gross monthly income; For the Owner Occupant, the seller will consider ending current leases early to facilitate owner occupancy for an acceptable offer. The property floorplan has been successfully modified from current tax records and renovated to maximize rental income (4 beds and 4 associated baths with each room equipped with WIFI enabled security keypad locks). The renovations were completed with high quality materials and substantially performed by licensed contractors. The unit is being Sold "As-Is" and is priced accordingly to reflect the unpermitted and non-conforming status of the renovations. Maintenance fees are low and cover a lot. HOA has 100% hurricane insurance. Seller to entertain pre-paying future maintenance fees for acceptably priced offers.

6 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
230059601/14/200304/02/2003$229,990$220,000
240914506/19/200409/30/2004$369,000$350,000
270455302/28/200705/26/2007$615,000$610,000
101282310/01/201001/07/2011$615,000$600,000
130005712/30/201202/28/2013$629,000$610,000
20181424106/19/201808/16/2018$869,000$860,000

 
Information is deemed reliable but not guaranteed.
Copyright: 2015 by the HiCentral MLS, Ltd.
 
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use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing.
 
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