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12-5431 Ala Lokelani Street, Pahoa, HI, 96778
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12-5431 Ala Lokelani Street, Pahoa, HI 96778

$495,000 Commercial expired 3,500 sqft Neighborhood:  Black Sand Bch
- min drive to beach
- min drive to golf
- min drive to body surfing
About lifestyles
Property sits on 4 contiguous lots with 5 units built for short-term vacation rentals. Each unit is 320SF with a private bath and 20' lanai facing the lava flow. In 2019, the property had 90% nightly occupancy with 4.84/5 stars and 939 reviews on Airbnb and VRBO. Originally priced at $795,000. Motivated seller.
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Details

2015 year built
  • Year Built 2015
  • Original list price $495,000
  • Days on market 1372
  • Price per sqft $141/sqft
  • Address

    12-5431 Ala Lokelani Street, Pahoa, HI, 96778

  • Neighborhood Black Sand Bch
  • Land area 32,000 sqft / 0.735 acres
  • Total Interior Area 3,500 sqft
  • City of Big Island Pahoa
  • Region Puna
  • Island Big Island
  • Land tenure FS - Fee Simple
  • Parking Spaces 10
  • Gross Income 63200
  • Annual Expenses 11500
  • Net Operating Income 50050

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$2,524
Taxes
$17
HOA dues
$0
$2,541 per month
Mortgage
Down payment
$99,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $2,524 / month

Neighborhood: Black Sand Bch

Nearby & commute
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data

Amenities & Features

10 parking places, See Remarks, Wood floors
Roof
Aluminum/Steel
Property Condition
Excellent
Business Type
Community Center, Condo/Ap
Construction/Exterior Finish
Loft Space, Stone, Under Construction, Wood Frame
Air Conditioning
None
Loading
Loading Area
Floor Covering
See Remarks, Wood
Income Information Source
Accountant, Appraisal, Broker, Owner
Expense Information Source
Appraisal, Broker, Owner
Easements
None
Documents Available
Inventory, Other, P&L, Survey, Title Search
Lessee/Tenant Pays
Common Area Maintenance, Lease Rent, Liability Ins
Parking
Other
Utilities Included
Emergency Electricity, Light Electricity, Other
Amenities
Recreation Area

Black Sand Bch prices

Average price $1.76m
Neighborhood average sales price*
$1.76m
Neighborhood median sales price*
$1.58m
Number or sales*
37
Street median sales price*
$1.43m
*last 6 months

Schools

15 schools with rating up to 5
School rating Distance
4
out of 10
Hawaii Academy Of Arts & Science Public Charter School
151397 Homestead Rd, Pahoa, HI 96778
Elementary School
10.265mi
4
out of 10
Hawaii Academy Of Arts & Science Public Charter School
151397 Homestead Rd, Pahoa, HI 96778
Middle School
10.265mi
4
out of 10
Hawaii Academy Of Arts & Science Public Charter School
151397 Homestead Rd, Pahoa, HI 96778
High School
10.265mi
School rating Distance
4
out of 10
Hawaii Academy Of Arts & Science Public Charter School
151397 Homestead Rd, Pahoa, HI 96778
10.265mi
3
out of 10
Pahoa Elementary School
153030 Puna Rd, Pahoa, HI 96778
12.467mi
3
out of 10
Keonepoko Elementary School
15890 Kahakai Blvd, Pahoa, HI 96778
12.784mi
4
out of 10
Kua O Ka La - Public Charter School
145322 Kaimu/Kapoho Rd, Pahoa, HI 96778
13.112mi
NR
Malamalama Waldorf School
Hc 3 Box 13068, Keaau, HI 96749
14.377mi
School rating Distance
4
out of 10
Hawaii Academy Of Arts & Science Public Charter School
151397 Homestead Rd, Pahoa, HI 96778
10.265mi
3
out of 10
Pahoa Elementary School
153030 Puna Rd, Pahoa, HI 96778
12.467mi
3
out of 10
Pahoa High & Intermediate School
153038 Puna Rd, Pahoa, HI 96778
12.467mi
3
out of 10
Keonepoko Elementary School
15890 Kahakai Blvd, Pahoa, HI 96778
12.784mi
4
out of 10
Kua O Ka La - Public Charter School
145322 Kaimu/Kapoho Rd, Pahoa, HI 96778
13.112mi
School rating Distance
4
out of 10
Hawaii Academy Of Arts & Science Public Charter School
151397 Homestead Rd, Pahoa, HI 96778
10.265mi
3
out of 10
Pahoa High & Intermediate School
153038 Puna Rd, Pahoa, HI 96778
12.467mi
4
out of 10
Kua O Ka La - Public Charter School
145322 Kaimu/Kapoho Rd, Pahoa, HI 96778
13.112mi
5
out of 10
Keaau High School
16725 Keaaupahoa Rd, Keaau, HI 96749
18.322mi
NR
Kamehameha Schools Hawaii Campus
16-714 Volcano Road, Keaau, HI 96749
18.426mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Expired Nov 20, 2020
Date Event Price $/sqft Source
Nov 20, 2020 Expired $495,000 $141.43 MLS #202015113
Jul 21, 2020 New Listing $495,000 $141.43 MLS #202015113
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Tax & MLS details 12-5431 Ala Lokelani Street, Pahoa, HI, 96778

50 - Agricultural zoning / MLS #202015113
Current Property Taxes p/month
$17
Property Tax Year
2019
Assessed Improvement value
$0
Assessed Land value
$40,000
TMK
3-1-2-015-113-0000
Land Recorded
Regular System
Zoning
50 - Agricultural
Flood Zone
Zone X
Total Assessed value
$400,000
Listed by
CBI Residential Services Inc
MLS #
202015113
Hawaii House tour report for this commercial
No reviews yet
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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As soon as we do, we post it here.

Recently sold nearby 12-5431 Ala Lokelani Street in Black Sand Bch

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Frequently asked questions for 12-5431 Ala Lokelani Street

What is 12-5431 Ala Lokelani Street?

12-5431 Ala Lokelani Street is a Commercial/Industrial

What is the rental income?

The net income is $50,050
*check with agent

What is the full address of this commercial?

12-5431 Ala Lokelani Street, Pahoa, HI, 96778.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of CBI Residential Services Inc. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on November 19, 2020.
Hawaii House Last checked less than a minute ago.

Commercial expired $495,000 12-5431 Ala Lokelani Street, Pahoa, HI, 96778 3,500 sqft Save House Remove from Saved