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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
  • Est. Mortgage: $3,782/mo
  • HOA Fee: n/a
  • Taxes: $284/mo
98-161 Kaluamoi Place was on the market for 67 days. Originally listed for $995,000.

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 home
  • 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 City

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.

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

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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
08/09/2022 $1,448,000 1717 Hoolaulea Street 127 8 bed 5 bath 3,932
03/17/2022 $1,915,000 99-643 Hoio Street 69 8 bed 6 bath 4,917
04/08/2022 $1,300,000 94-1113 Lumiauau Street 98 8 bed 4 bath 2,560
08/29/2022 $900,000 94-560 Kahuanani Street 31 8 bed 5 bath 2,498
05/17/2022 $1,160,000 94-361 Kahuanani Street 41 8 bed 4 bath 2,764
04/28/2023 $1,255,000 94-249 Paiwa Street 100 8 bed 7 bath 2,930
03/04/2022 $1,010,000 94-947 Awanani Street 42 8 bed 3 bath 2,516
01/25/2022 $981,697 4339 Likini Street 90 8 bed 4 bath 2,784
07/20/2022 $1,125,000 4353 Likini Street 72 8 bed 4 bath 2,704
01/21/2022 $1,110,000 94-564 Apii Place 67 8 bed 5 bath 3,435
02/25/2022 $1,430,000 3513 Aliamanu Street 48 8 bed 5 bath 3,128