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1127 Aalapapa Drive, Kailua, HI 96734
4 min walk to Mokulua Drive B
7 min walk to Lanikai Beach
11 min walk to the golf
7 min drive to Kailua Beach
8 min walk to Mokuluas
About lifestyles
Two Separate income producing single family homes on one great lot! The main house is a spacious 2 bed 2.5 bath with a bonus reading nook, where you can enjoy views of the ocean and Mokulua Islands. The other is a charming 2 bed 1 bath Cottage surrounded by 6 different kinds of fruit trees and lush vegetation - Just one very short block from the Public beach access. - Private Driveway w/ parking for at least 8 vehicles
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Multi-family details
1940 year built
- Year Built 1940
- Original list price $4,100,000
- Days on market 771
- Building type Multi Dwellings
- Price per sqft $1,603/sqft
-
Address
1127 Aalapapa Drive, Kailua, HI, 96734
- Frontage Other
- Neighborhood Lanikai
- Land tenure FS - Fee Simple
- Land SqFt 11,670 sqft
- View Garden, Mountain, Ocean, Other, Sunrise, Sunset
- Virtual Tour View (external link)
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$20,905
Taxes
$1,404
HOA dues
$0
Mortgage
Down payment
$819,990 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$20,905 / month
Neighborhood: Lanikai
Nearby & commute
Walkability
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
11.33 / 20
Somewhat walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index
Unit Information
2 total units
# of 1 Bd
0
# of 2 Bd
2
# of 3 Bd
0
Total Units
2
Amenities & Features
8 parking places
Stories
One, Two
Furnished
Partial
Roof
Asphalt Shingle
Construction
Wood Frame
Utilities
Cable, Internet, Overhead Electricity, Public Water, Telephone, Water
Property Condition
Above Average
Parking
Covered, Open, Tandem
nr.of parking places
8
Amenities
None
Income
Net Operating Income: $64,029
Total Actual Rent
$8,100
Total Annual Operating Expenses
$33,171
Total Income
$97,200
Net Operating Income
$64,029
Lanikai prices
Average price $612.96k
Neighborhood average sales price*
$612.96k
Neighborhood median sales price*
$580k
Number or sales*
13
Street median sales price*
$570.5k
*last 6 months
About Lanikai
Lanikai beach homes, real estate & community Lanikai an exclusive enclave of beachy elegant homes within Kailua, attracts many affluent buyers who love residing close to this picturesque beach while enjoying the close-knit community. Located in an are Read more
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
| out of 10 |
Lanikai Elementary - Public Charter School
140 Alala Rd,
Kailua, HI 96734
Elementary School
|
0.841mi |
| out of 10 |
Lanikai Elementary - Public Charter School
140 Alala Rd,
Kailua, HI 96734
Middle School
|
0.841mi |
| out of 10 |
Kailua High School
451 Ulumanu Dr,
Kailua, HI 96734
High School
|
2.135mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Lanikai Elementary - Public Charter School
140 Alala Rd,
Kailua, HI 96734
|
0.841mi |
|
St John Vianney Parish School
940 Keolu Drive,
Kailua, HI 96734
|
1.097mi | |
| out of 10 |
Enchanted Lake Elementary School
770 Keolu Dr,
Kailua, HI 96734
|
1.151mi |
|
Huakailani School for Girls
146 Hekili Street STE 104,
Kailua, HI 96734
|
1.746mi | |
| out of 10 |
Keolu Elementary School
1416 Keolu Dr,
Kailua, HI 96734
|
1.752mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Lanikai Elementary - Public Charter School
140 Alala Rd,
Kailua, HI 96734
|
0.841mi |
|
St John Vianney Parish School
940 Keolu Drive,
Kailua, HI 96734
|
1.097mi | |
| out of 10 |
Enchanted Lake Elementary School
770 Keolu Dr,
Kailua, HI 96734
|
1.151mi |
| out of 10 |
Kailua Intermediate School
145 South Kainalu Dr,
Kailua, HI 96734
|
1.469mi |
|
Huakailani School for Girls
146 Hekili Street STE 104,
Kailua, HI 96734
|
1.746mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kailua High School
451 Ulumanu Dr,
Kailua, HI 96734
|
2.135mi |
|
Kailua Christian Academy
1276 Kailua Road,
Kailua, HI 96734
|
2.588mi | |
| out of 10 |
Kalaheo High School
730 Iliaina St,
Kailua, HI 96734
|
3.092mi |
|
Trinity Christian School
875 Auloa Road & 1110 Kailua Road,
Kailua, HI 96734
|
3.312mi | |
|
Le Jardin Academy
917 Kalanianaole Hwy,
Kailua, HI 96734
|
3.479mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Expired Feb 18, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Feb 18, 2023 | Expired | $4,099,950 | $1,602.80 | MLS #202202181 |
| Jul 8, 2022 | Price Decrease | $4,099,950 | $1,602.80 | MLS #202202181 |
| Jun 21, 2022 | Rented | $4,800 | $1.88 | MLS #202210982 |
| Jun 15, 2022 | New Listing rental | $4,800 | $1.88 | MLS #202210982 |
| Mar 17, 2022 | New Listing | $4,100,000 | $1,602.81 | MLS #202202181 |
| Mar 6, 2022 | Coming Soon | $4,100,000 +105.51% | $1,602.81 | MLS #202202181 |
| May 4, 2021 | Rented | $4,800 | $1.88 | MLS #202110261 |
| Apr 29, 2021 | New Listing rental | $4,800 +45.45% | $1.88 | MLS #202110261 |
| Jun 4, 2020 | Rented | $3,300 | $1.29 | MLS #202012136 |
| Jun 1, 2020 | New Listing rental | $3,300 | $1.29 | MLS #202012136 |
| Oct 23, 2019 | Rented | $3,300 | $1.29 | MLS #201927106 |
| Sep 26, 2019 | Price Increase | $3,300 +3.13% | $1.29 | MLS #201927106 |
| Sep 25, 2019 | New Listing rental | $3,200 -33.33% | $1.25 | MLS #201927106 |
| Jul 3, 2018 | Rented | $4,800 | $1.88 | MLS #201812486 |
| May 10, 2018 | New Listing rental | $4,800 +60% | $1.88 | MLS #201812486 |
| Dec 23, 2016 | Rented | $3,000 | $1.17 | MLS #201622244 |
| Dec 13, 2016 | Price Decrease | $3,000 -6.25% | $1.17 | MLS #201622244 |
| Dec 2, 2016 | Price Decrease | $3,200 -3.03% | $1.25 | MLS #201622244 |
| Oct 3, 2016 | Price Decrease | $3,300 -5.71% | $1.29 | MLS #201622244 |
| Aug 26, 2016 | New Listing rental | $3,500 | $1.37 | MLS #201622244 |
| Aug 16, 2016 | Sold | $1,995,000 -2.68% from last sold price | $779.91 | Public Record |
| Aug 1, 2016 | In Escrow - not showing | $2,050,000 | $801.41 | MLS #201610850 |
| Jun 1, 2016 | Under contract | $2,050,000 | $801.41 | MLS #201610850 |
| May 5, 2016 | Price Increase | $2,050,000 +0.05% | $801.41 | MLS #201610850 |
| Apr 30, 2016 | Price Decrease | $2,049,000 -0.05% | $801.02 | MLS #201610850 |
| Apr 27, 2016 | Price Increase | $2,050,000 +5.13% | $801.41 | MLS #201610850 |
| Apr 27, 2016 | New Listing | $1,950,000 -11.28% | $762.31 | MLS #201610850 |
| Mar 24, 2016 | Withdrawn | $2,198,000 | $859.27 | MLS #201521561 |
| Dec 17, 2015 | New Listing | $2,198,000 | $859.27 | MLS #201521561 |
Tax & MLS details 1127 Aalapapa Drive, Kailua, HI, 96734
03 - R10 - Residential District zoning / MLS #202204343
Current Property Taxes p/month
$1,404
Property Tax Year
2021
Assessed Improvement value
$533,200
Assessed Land value
$2,161,600
TMK
1-4-3-005-064-0000
Land Recorded
Dual Systems
Zoning
03 - R10 - Residential District
Flood Zone
Zone X
Topography
Gentle Slope
Location
Other
Lot Description
Other
Property Setbacks
Of Record
Total Assessed value
$2,694,800
Listed by
Keller Williams Honolulu
(808) 773-9390
(808) 773-9390
MLS #
202204343
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Frequently asked questions for 1127 Aalapapa Drive
When was this multi-family home built and last sold?
This house was build in 1940.
What is the full address of this multi-family home?
1127 Aalapapa Drive, Kailua, HI, 96734.
Are there beaches near 1127 Aalapapa Drive?
The nearest beach is 0.285 miles away, called Lanikai Beach. It should take about 7 min walk.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Keller Williams Honolulu. 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 February 17, 2023.
Hawaii House Last checked less than a minute ago.
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