1365 Kalanianaole Avenue

Hilo, HI 96720

$4,975,000
Price
52
Beds
28
Baths
18,810 Sq. Ft.
$264 / Sq. Ft.
18,810
Sq. Ft.
$264
per Sq. Ft.

Description

28 Unit apartment complex, 24 two bedroom, 4 one-bedroom units. Units renovated in 2018, granite countertops, new flooring, fresh paint inside and out, solid building with good income. Newer roof. Laundry room on lower level. Three floors, first floor is parking, second and third floor are apartments. Great location for those who enjoy the ocean and beaches close by. Just minutes from downtown Hilo for shopping and eating at the local restaurants. Current annual rental income is over $500k28 Unit apartment complex, 24 two bedroom, 4 one-bedroom units. Units renovated in 2018, granite countertops, new flooring, fresh paint inside and out, solid building with good income. Newer roof. Laundry room on lower level. Three floors, first floor is parking, second and third floor are apartments. Great location for those who enjoy the ocean and beaches close by. Just minutes from downtown Hilo for shopping and eating at the local restaurants. Current annual rental income is over $500k
  1. Listed by Donald McKinnon • License #RB-22528 • Property Professionals Hawaii LLC.

Property Details for 1365 Kalanianaole Avenue

Subdivision
KEOKEA HOUSELOTS
Zoning
V-.75
Land Tenure
Fee Simple
LISTING UPDATED: 08/31/2024 07:11 AM

Property Details for 1365 Kalanianaole Avenue

StatusActive
MLS #711071
Days on Market178
Taxes$42,847 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 4+ Units
Year Built1973
Lot Size0.54 AC / 23,462 SF
CountyHawaii County

Building Information for 1365 Kalanianaole Avenue

Stories-Residences28Year Built1973Building Size-Lot Size0.54 AC / 23,462 SF

Property Information for 1365 Kalanianaole Avenue

Summary
Location and General Information
  • Latitude: 19.73473357
  • Location: 1365 KALANIANAOLE ST
  • Longitude: -155.0402
  • Oceanfront Parcel: N
  • Street: KALANIANAOLE ST
  • Street Address Full: 1365 KALANIANAOLE ST HILO HI 96720
  • Street Number: 1365
  • City: HILO
  • District: South Hilo
  • Zip Code: 96720
Taxes and HOA Information
  • Exempt Amount: $0
  • Tax Year: 2023
  • Taxes (Annual): $42,846.57
  • Taxkey: 3-2-1-14-3
  • Taxkey9: 321014003
Parking
  • Garage Area (Total): 0.0
  • Carport Area (Total): 0.0
  • Carport Spaces (Total): 0.0
  • Vehicle Storage/Parking: Covered, Attached
Virtual Tour
  • Tours: 0
Property
Lot Information
  • Roads: County, Paved
  • Structures: Yes
  • Roofed Areas (Total): 0.0
  • Agriculture Dedicated: No
  • Year Built Maximum: 1973
  • Year Built Minimum: 1973
  • Exterior Area (Total): 0.0
  • Interior Area (Total): 18810.0
  • Land Area: 23462.0
  • Lot Number: 6
  • Other Square Footage (Total): 0.0
  • Flood Zone: VE
  • Lava Zone: 3
Property and Assessments
  • Disclosure Form: No
  • Assessed Value: $3,662,100
  • Assessment Year: 2024
  • Property Type: Multi-Family
  • Photos: 24
Utilities
  • Power: Overhead
  • Wastewater: Sewer-Connected
  • Water: County
  • Solid Waste Disposal (Trash): County-Charge
Interior and Exterior Features
Exterior Features
  • Fence/Wall: Chain Link
  • Pool: N
Interior Features
  • Stories Number Maximum: 0
  • Stories Number Minimum: 0
  • Bathrooms (Total): 28
  • Baths 1/2 (Total): 0
  • Baths 1/4 (Total): 0
  • Baths 3/4 (Total): 0
  • Baths Full (Total): 28
  • Bedrooms (Total): 52
Multi Family
Multi-Family Information
  • # of Units (Total): 28
Agent
Sale and Listing
  • Ownership: Full
  • Price Direction: -
  • Media Changed: 05-28-2024
  • Terms Acceptable: 1031 Exchange, Cash, Conventional
  • Listor Name: Donald B McKinnon
  • Days on Market: 96
  • First Photo Sequence: 16
  • Sub-agency offered?: No
  • Subtype of Listing: 4+ Units
  • Remarks - Public: 28 Unit apartment complex, 24 two bedroom, 4 one-bedroom units. Units renovated in 2018, granite countertops, new flooring, fresh paint inside and out, solid building with good income. Newer roof. Laundry room on lower level. Three floors, first floor is parking, second and third floor are apartments. Great location for those who enjoy the ocean and beaches close by. Just minutes from downtown Hilo for shopping and eating at the local restaurants. Current annual rental income is over $500k
  • REversion: 600
  • Sale Type: Standard Sale
  • DZS: 321
Showing and Remarks
  • Showing Instructions: Call Listor, 48+ hrs notice

Property History for 1365 Kalanianaole Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1365 Kalanianaole Avenue

Taxable ValueLand$438,100Additions$3,224,000Total$3,662,100
Tax Record2024$42,847 ($3,571 / month)
Home Facts
Total Finished SqFt28,215 SqFtAbove Grade Finished SqFt28,215 SqFtStories2Lot Size23,462 SqFtStyleMulti-Family Res (5+ Units)Year Built1973Year Renovated2000ZoningV-.75CountyHAWAIIAPN3-2-1-014-003

Schools near 1365 Kalanianaole Avenue

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Charter - PK to 12
Rating
School
Distance
Keaukaha Elementary School
PublicPK to 6

Hilo Intermediate School
Public7 to 8

Hilo High School
Public9 to 12

Ka Umeke Kaeo - Public Charter School
CharterPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1365 Kalanianaole Avenue is a multi-family home for sale in Hilo, HI 96720. This property was listed for sale on May 27, 2024 by Property Professionals Hawaii LLC., it's currently listed at $4,975,000. It has been on the market for a total of 178 days and was last sold on August 31, 2018. This listing's school district is Hawaii Department Of Education. Nearby schools include Keaukaha Elementary School, Hilo Intermediate School and Hilo High School. 1365 Kalanianaole Avenue is a 52-bed, 28-bath, 18,810 sqft multi-family home built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Property Professionals Hawaii LLC., Donald McKinnon, License #RB-22528