338B Kalama Street, Kailua, HI 96734

$2,900,000 Asking Price

16 beds
5 baths
4,204  sqft
Built in 1949

Prime location in Coconut Grove. Short distance of Kailua town, beaches, churches, schools. This fee simple property with 4 units, one is a duplex with a total of 16 bedrooms. Rarely available property of 20,001 sq. ft. land, zoning, R-5. Great investment or for generational home, live in one and rent the others. Each unit has its own individual Electric and Water meters. Tenants pay their own utilities. Level lot wit over 9 parking stalls. You could add more parking stalls if needed. Tenants are mo/mo. Great for expansion, No HOA fees. House will need TLC. Property sold "AS IS" no repairs will be done. Seller will not pay for survey and termite. Buyer to do his/her due diligence inspection. Please do not disturb tenants. One or more photos are enhanced.

Features & Amenities

Interior

Flooring:
Hardwood,Laminate

Exterior

Style:
Multiple Dwellings
Pool:
None
Parking:
3 Car+, Parking spaces: 9

Construction

General:
Concrete,Single Wall,Wood Frame, One

Location

HOA Amenities:
None

Lot

Topography:
Level
View:
None

Utilities

Utilities:
Cable,Internet,Overhead Electricity,Public Water,Telephone,Water

This listing courtesy of:
Coldwell Banker Realty

About Kailua, HI

Housing

Number of Units
17,651
Median Home Value
$998,325
Median Rent
$2,039

32.97% of housing units are renter occupied.

8.75% are vacant.

Commute

Car
70.69%
Public Transportation
1.93%
Walk to Work
2.84%
Work from Home
23.22%
Other
0.42%

The median travel time to work is 22 minutes.

People

Population
49,668
Median Age
39.00
Median Household Size
3.04

Education

High School
19.81%
Associate’s Degree
8.81%
Bachelor’s Degree
26.70%
Graduate Degree
21.95%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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