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718 Kamuela Ave, Honolulu, HI 96816 listing image 1

For Sale

$1,700,000

718 Kamuela Ave, Honolulu, HI 96816

-Bed
-Bath
4240SqFt

-Bed
-Bath
4240SqFt

Property Type
Condo
Year Built
1950
Price per Sqft
$401
On highrises
2 Days

Property Details

Investor/contractor ready at this exceptional location zoned A-2. Eight units totaling 11 bedrooms in 2 buildings sold below appraised value. Front building features ground level 2 x 1BD/1BA + upstairs 1 x 2BD/1BA. Rear building features ground level 3 x 1BD/1BA + upstairs 2 x 2BD/1BA. Outdoor covered area between 2 buildings could be configured for higher use. Separate meters for electric & gas, with 2 parking in front plus 3 tandem parking at the side. Pro forma assumes current rental with some general repairs. Excellent additional income potential with targeted improvements. Property sold in As Is condition to cash buyer only. Buyer to conduct own due diligence and seller will not credit or repair any items. See supplements for building sketch and pro forma. Do not enter the property but drive-bys are welcome. First showing is Feb 7, please pre-register in SentriKey or ShowingTime.

Property Features

Bathrooms

Total Bathrooms: 0

Interior Features

Furnished Description: Partially

Land Info

Lot Description: Cleared, Interior Lot, Level
Lot Size Acres: 0.137741
Topography: Level
Lot Size Square Feet: 6000

Garage and Parking

Open Parking: Yes
Parking Features: Assigned, Open, Tandem
Parking Total: 5

Homeowners Association

Association Fee Frequency: Monthly
Association Fee 2 Frequency: Monthly

Multi-Unit Info

Number of Units: 8

Other Property Info

Annual Tax Amount: 6104.40
Source Listing Status: Active
County: Oahu
Source Property Type: Residential
Area: Metro
Property Subtype: condo
Source Neighborhood: KAPAHULU
Parcel Number: 1-2-7-034-039-0000
Postal City: Honolulu
Subdivision: KAPAHULU
Zoning Description: 12 - A-2 Medium Density Apartme
Property Subtype: Multi Family
Source System Name: C2C

Building and Construction

Year Built: 1950
Building Area Total: 4240
Construction Materials: Masonry, Concrete, Stucco
Levels: Two
Property Age: 75
Property Condition: Repairs Major
Levels or Stories: 2
Structure Type: Multi Family
Total Area Sqft: 4240

Utilities

Sewer: Connected
Above Ground Utilities
Cable Available
Electricity Available
Water Available
Sewer Connected
Water Source: Public

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
01/31/2025	Listed	$1,700,000	$401	HiCentral

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2023	$5,780	$1,523,800	+	$127,800	=	$1,651,600
2022	$5,650	$1,495,000	+	$119,500	=	$1,614,500
2021	$5,257	$1,380,000	+	$122,200	=	$1,502,200
2020	$5,282	$1,380,000	+	$129,300	=	$1,509,300
2019	$4,876	$1,265,000	+	$128,400	=	$1,393,400
2018	$9,038	$1,170,000	+	$121,200	=	$1,291,200
2017	$4,386	$1,080,000	+	$173,200	=	$1,253,200

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
4908 Kilauea Ave Apt 2	$590K	2	2	1032	1032
4229 Keanu St Unit 12	$645K	2	2	1035	154464
4836 Kilauea Ave Apt 2	$595K	2	2	1032	486304
712 Kamuela Ave Apt 405	$280K	1	1	427	6011
2916 Date St Apt 9A	$249K	1	1	689	49528
754 Ekela Ave Apt 708	$383K	1	1	636	636

Presented by:
Paul Sebastian
state license#RS-75423

Brokered by:
Agora Hawaii
(808) 800-4152

Broker Location:

HONOLULU

Data Source:

HiCentral

Source's Property ID:

202503021

Data Source Copyright:

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718 Kamuela Ave, Honolulu, HI 96816