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1422 Mokolea Drive, Kailua, HI 96734
4 min walk to Mokulua Drive A
6 min walk to Mokuluas
About lifestyles
If you are looking for the classic Kailua charm, look no further! What a great opportunity to own a Multi-Family home in the desirable Lanikai neighborhood. The main house is very spacious with an open concept living area and custom storage closet nooks. The 1 bedroom cottage is situated privately in the back part of the property. Live in one and rent out the other. Currently generates rental income, 1 bedroom rents for $2,175.00 the 3 bedroom rents for $4,150.00 a month. Enjoy the World famous beaches at your footsteps. Come and see what this wonderful lifestyle has to offer you.
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Multi-family details
1925 year built
- Year Built 1925
- Year Remodeled 1943
- Original list price $1,895,000
- Days on market 313
- Building type Multi Dwellings
-
Address
1422 Mokolea Drive, Kailua, HI, 96734
- Frontage Other
- Neighborhood Lanikai
- Land tenure FS - Fee Simple
- Land SqFt 11,890 sqft
- View Mountain, Other
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$9,663
Taxes
$796
HOA dues
$0
Mortgage
Down payment
$379,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$9,663 / 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
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no data
Local airport
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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
1
# of 2 Bd
0
# of 3 Bd
1
Total Units
2
Amenities & Features
6 parking places
Stories
One, Two
Furnished
None
Roof
Asphalt Shingle
Construction
Other
Utilities
Cable, Other, Public Water
Property Condition
Average
Parking
Open, Tandem
nr.of parking places
6
Amenities
Other, Storage
Income
Net Operating Income: $66,240
Total Actual Rent
$6,325
Total Annual Operating Expenses
$9,660
Total Income
$75,900
Net Operating Income
$66,240
Lanikai prices
Average price $739.73k
Neighborhood average sales price*
$739.73k
Neighborhood median sales price*
$647.5k
Number or sales*
30
Street median sales price*
$650k
*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
|
1.122mi |
| out of 10 |
Lanikai Elementary - Public Charter School
140 Alala Rd,
Kailua, HI 96734
Middle School
|
1.122mi |
| out of 10 |
Kailua High School
451 Ulumanu Dr,
Kailua, HI 96734
High School
|
2.274mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Lanikai Elementary - Public Charter School
140 Alala Rd,
Kailua, HI 96734
|
1.122mi |
|
St John Vianney Parish School
940 Keolu Drive,
Kailua, HI 96734
|
1.127mi | |
| out of 10 |
Enchanted Lake Elementary School
770 Keolu Dr,
Kailua, HI 96734
|
1.252mi |
| out of 10 |
Keolu Elementary School
1416 Keolu Dr,
Kailua, HI 96734
|
1.719mi |
| out of 10 |
Kaelepulu Elementary School
530 Keolu Dr,
Kailua, HI 96734
|
1.868mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Lanikai Elementary - Public Charter School
140 Alala Rd,
Kailua, HI 96734
|
1.122mi |
|
St John Vianney Parish School
940 Keolu Drive,
Kailua, HI 96734
|
1.127mi | |
| out of 10 |
Enchanted Lake Elementary School
770 Keolu Dr,
Kailua, HI 96734
|
1.252mi |
| out of 10 |
Kailua Intermediate School
145 South Kainalu Dr,
Kailua, HI 96734
|
1.708mi |
| out of 10 |
Keolu Elementary School
1416 Keolu Dr,
Kailua, HI 96734
|
1.719mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kailua High School
451 Ulumanu Dr,
Kailua, HI 96734
|
2.274mi |
|
Kailua Christian Academy
1276 Kailua Road,
Kailua, HI 96734
|
2.717mi | |
| out of 10 |
Kalaheo High School
730 Iliaina St,
Kailua, HI 96734
|
3.355mi |
|
Trinity Christian School
875 Auloa Road & 1110 Kailua Road,
Kailua, HI 96734
|
3.394mi | |
|
Le Jardin Academy
917 Kalanianaole Hwy,
Kailua, HI 96734
|
3.591mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Cancelled Sep 28, 2021
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Sep 28, 2021 | Cancelled | $1,895,000 | 0 | MLS #202112000 |
| Jul 30, 2021 | Sold | $1,895,000 | 0 | Public Record |
| May 29, 2021 | Active Under Contract | $1,895,000 | 0 | MLS #202112000 |
| May 19, 2021 | New Listing | $1,895,000 | 0 | MLS #202112000 |
Tax & MLS details 1422 Mokolea Drive, Kailua, HI, 96734
03 - R10 - Residential District zoning / MLS #202112000
Current Property Taxes p/month
$796
Property Tax Year
2021
Assessed Improvement value
$115,000
Assessed Land value
$1,411,900
TMK
1-4-3-004-014-0000
Land Recorded
Dual Systems
Zoning
03 - R10 - Residential District
Flood Zone
Zone X
Topography
Gentle Slope,Level,Other
Location
Other
Lot Description
Other
Property Setbacks
Of Record
Total Assessed value
$1,526,900
Listed by
Kailua Beach Realty, Ltd.
MLS #
202112000
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 1422 Mokolea Drive
When was this multi-family home built and last sold?
This house was build in 1925.
What is the full address of this multi-family home?
1422 Mokolea Drive, Kailua, HI, 96734.
Are there beaches near 1422 Mokolea Drive?
No, there aren't.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Kailua Beach Realty, Ltd.. 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 June 22, 2023.
Hawaii House Last checked less than a minute ago.
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