47-745 Kamehameha Highway

Kaneohe, HI 96744

$1,799,000
Price
4
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Oceanfront 4-Plex Investment in Kaneohe! An exceptional investment opportunity awaits with this oceanfront 4-plex in Kaneohe, offering four 1-bedroom, 1-bathroom units, each with separate electric meters and outdoor storage. Fully rented and generating steady income, this property is perfect for investors seeking a turnkey opportunity in a prime location. With direct ocean access, tenants can enjoy kayaking, paddleboarding, and serene views of Kaneohe Bay. Seller intends to sell together with neighboring...Oceanfront 4-Plex Investment in Kaneohe! An exceptional investment opportunity awaits with this oceanfront 4-plex in Kaneohe, offering four 1-bedroom, 1-bathroom units, each with separate electric meters and outdoor storage. Fully rented and generating steady income, this property is perfect for investors seeking a turnkey opportunity in a prime location. With direct ocean access, tenants can enjoy kayaking, paddleboarding, and serene views of Kaneohe Bay. Seller intends to sell together with neighboring single-family home as a package, MLS 202423481, TMK: 1-4-7-017-013. Imagine waking up to the gentle sound of the ocean, enjoying serene sunrises over Kaneohe Bay, and having direct access to the water for kayaking, paddleboarding, or just relaxing by the shore. Conveniently located near shops, dining, and outdoor activities, this oceanfront package offers the best of Hawaii’s lifestyle and is an exceptional investment opportunity. Don’t miss your chance to own these prime oceanfront assets in one of Oahu’s most desirable areas! Click link for more pictures, videos and floor plans!
  1. Listed by Rishi P Villon • License #RS-83616 • Vylla Home • (808) 357-7712
  2. Listed by Litea Maiava • License #RS-87133 • Vylla Home • (808) 357-7712

Property Details for 47-745 Kamehameha Highway

View
Coastline, Ocean, Sunrise, Sunset
Zoning
05 - R-5 Residential District
Neighbourhood
KAALAEA
Flood Zone
Zone AE
Stories/Levels
One
Land Tenure
FS - Fee Simple
LISTING UPDATED: 10/26/2024 03:45 PM

Property Details for 47-745 Kamehameha Highway

StatusActive
MLS #202423474
Days on Market42
Taxes$434 / month
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1958
Lot Size0.10 AC / 4,491 SF
CountyHonolulu County

Building Information for 47-745 Kamehameha Highway

Stories-Residences4Year Built1958Building Size-Lot Size0.10 AC / 4,491 SF

Property Information for 47-745 Kamehameha Highway

Summary
Location and General Information
  • Topography: Level
  • City: Kaneohe
  • County Or Parish: Oahu
  • State Or Province: HI
Taxes and HOA Information
  • Tax Amount: $434.00
  • Tax Assessed Value: $1,483,400.00
  • Tax Assessed Value Improvements: $825,200.00
  • Tax Assessed Value Land: $658,200.00
  • Tax Year: 2024
  • Parcel Number: 1-4-7-017-014-0000
  • HOA YN: No
Parking
  • Parking Features: Assigned
  • Parking Total: 4
  • Other Parking Features: None
Virtual Tour
Property
Lot Information
  • Property Frontage: Ocean
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family
  • Land Recorded: Land Court
  • Lot Features: Clear
  • Lot Size Area: 4491.0
  • Year Built: 1958
  • Year Remodeled: 1988
  • Building Type: Fourplex, Multi Dwellings
Property and Assessments
  • Photo Count: 23
  • Property Condition: Excellent
  • Special Listing Conditions: None
  • Disclosures: None
  • Foreclosure: No
  • Set Backs: None
  • Supplement Count: 0
  • TMK Area: 147
  • TMK Condo Property Regime Number: 0
  • TMK Division: 1
  • TMK Parcel: 14
  • TMKPLAT: 17
  • TMK Section: 7
  • TMK Zone: 4
Utilities
  • Utilities: Gas, Overhead Electricity, Water
  • Sewer: Septic
  • Utilities Meters: Electric, Gas, Individual
Interior and Exterior Features
Exterior Features
  • Amenities: Other, Storage
  • Construction Materials: Above Ground
  • Easements: None
  • Roof: Composition
Multi Family
Multi-Family Information
  • Studio Units Number Of: 0
  • Unit One Number Of Bed: 4
  • Unit Three Number Of Bed: 0
  • Unit Two Number Of Bed: 0
  • Number Of Units Total: 4
Income & Expenses
  • Total Annual Operating Expenses: $32,666.16
  • Total Income: $97,965.07
  • Expenses Include: Excise Tax, Insurance, Mgmt Fee, Property Tax, Repair Maintenance
  • Net Operating Income: $65,298.91
  • Other Income: $.00
Agent
Sale and Listing
  • Active Open House Count: 0
  • DOM: 20
  • Listing Service: Full Service
  • MLS: HI Central
  • MLS Area Major: Kaneohe
  • Open House Count: 0
  • Status: Active
  • Public Remarks: Oceanfront 4-Plex Investment in Kaneohe! An exceptional investment opportunity awaits with this oceanfront 4-plex in Kaneohe, offering four 1-bedroom, 1-bathroom units, each with separate electric meters and outdoor storage. Fully rented and generating steady income, this property is perfect for investors seeking a turnkey opportunity in a prime location. With direct ocean access, tenants can enjoy kayaking, paddleboarding, and serene views of Kaneohe Bay. Seller intends to sell together with neighboring single-family home as a package, MLS 202423481, TMK: 1-4-7-017-013. Imagine waking up to the gentle sound of the ocean, enjoying serene sunrises over Kaneohe Bay, and having direct access to the water for kayaking, paddleboarding, or just relaxing by the shore. Conveniently located near shops, dining, and outdoor activities, this oceanfront package offers the best of Hawaii’s lifestyle and is an exceptional investment opportunity. Don’t miss your chance to own these prime oceanfront assets in one of Oahu’s most desirable areas! Click link for more pictures, videos and floor plans!
  • Possession: At Closing
Showing and Remarks
  • Showing Instructions: Two Day Notice Reqd, Appointment Only, Use ShowingTime
Rental
Rent Information
  • Total Actual Rent: $10,885.00

Property History for 47-745 Kamehameha Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 47-745 Kamehameha Highway

Taxable ValueLand$658,200Additions$825,200Total$1,483,400
Tax Record2023$5,143 ($429 / month)
Home Facts
Baths4Total Finished SqFt828 SqFtAbove Grade Finished SqFt828 SqFtStories1Lot Size4,491 SqFtStyleDuplexYear Built1958Year Renovated1988ZoningR-5CountyHONOLULUAPN1-4-7-017-014

Schools near 47-745 Kamehameha Highway

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
Waiahole Elementary School
PublicPK to 6

Castle High School
Public9 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.

Similar Homes

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47-745 Kamehameha Highway is a multi-family home for sale in Kaneohe, HI 96744. This property was listed for sale on October 7, 2024 by Vylla Home, it's currently listed at $1,799,000. It has been on the market for a total of 42 days and was last sold on November 30, 2017. This listing's school district is Hawaii Department Of Education. Nearby schools include Waiahole Elementary School, Governor Samuel Wilder King Intermediate School and Castle High School. 47-745 Kamehameha Highway is a 4-bed, 0-bath, multi-family home built in 1958.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Vylla Home, Rishi P Villon, License #RS-83616; Vylla Home, Litea Maiava, License #RS-87133