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98-161 Kaluamoi Place

8 bed · 4 bath · 2,696 sqft

Sold for $1,105,000 on May 10, 2023.

  • Status: Sold
  • Tenure: Fee Simple
  • Type: Home
  • Mortgage: $3,782/mo
  • HOA Fee: n/a
  • Taxes: $284/mo
98-161 Kaluamoi Place was on the market for 400 days. Originally listed for $995,000.
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What this home offers

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.

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Location

Oahu › Pearl City › 98-161 Kaluamoi Place
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98-161 Kaluamoi Place, Pearl City, HI, 96782 is located in Waimalu on Oahu.

More about this homeOpen and close this section
  • Parcel: 1-9-8-021-018-0000
  • Year Built: 1959
  • Lot Size: 5,000 sqft
  • Style: Multiple Dwellings
  • Views: Ocean
  • Construction: Above Ground, Brick, Concrete, Single Wall, Slab
  • Flooring: Laminate, Vinyl, W/W Carpet
  • Roof: Asphalt Shingle
  • Parking: 3 Car+, Carport
  • Occupied: Tenant
About Pearl CityOpen and close this section

To the north of Pearl Harbor, the comfortable, closely-knit community of Pearl City is conveniently located and filled with beautiful parks, splendid shopping, and all the amenities to call this historic neighborhood home. Pearl City has a higher than average median home value, where the majority of Pearl City residents own their home. View all homes for sale in Pearl City.

Other neighborhoods you may likeOpen and close this section

Listing courtesy of Daniel K Ihara from Keller Williams Honolulu, MLS #202306615. Contact: (808) 596-2888.

Similar homes for sale

Listings that are nearest to 98-161 Kaluamoi Place and priced between $895,000 and $1,095,000.

Recently Sold

The most recently sold Single-Family Homes with 8 bedroom(s) nearest to 98-161 Kaluamoi Place and sorted by date, then price.

Date Sold Sold Price Address DOM Beds Baths SQFT
05/10/2023 $1,105,000 98-161 Kaluamoi Place 48 8 bed 4 bath 2,696
03/28/2024 $924,000 98-179 Kauhihau Place 157 8 bed 5 bath 3,368
08/24/2023 $1,200,000 875 Puu Kula Drive 75 8 bed 3 bath 2,419
04/28/2023 $1,255,000 94-249 Paiwa Street 100 8 bed 7 bath 2,930
10/27/2023 $1,625,000 99-1159C Aiea Heights Drive 39 8 bed 6 bath 3,812
11/07/2023 $865,000 94-1576 Waipahu Street 202 8 bed 5 bath 2,712
09/26/2023 $1,100,000 94-1154 Hinaea Street 294 8 bed 6 bath 3,676
09/15/2023 $950,000 94-1127 Hina Street 245 8 bed 3 bath 2,202
03/05/2024 $1,050,000 3649 Puuku Mauka Drive 154 8 bed 6 bath 2,815
05/12/2023 $1,375,000 94-242 Pupukoae Street 71 8 bed 5 bath 2,430
12/26/2023 $695,000 91-918 Hanakahi Street 95 8 bed 4 bath 2,326
04/25/2023 $1,420,000 1432 Kamehameha IV Road #C 91 8 bed 4 bath 2,256