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338B Kalama Street, Kailua, HI, 96734
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338B Kalama Street, Kailua, HI 96734

$2,900,000 Multi-Family Home active under contract 4,204 sqft Neighborhood:  Coconut Grove
10 min walk to Kalaheo Neighborhood Park
10 min walk to Kailua Beach
17 min walk to Kailua Beach
21 min walk to Castles
About lifestyles
Multi-family property in Coconut Grove. No maintenance fee, No HOA. Great for generational home, live in one and rent out the others. Rarely available level lot with 4 homes. One is a duplex each side is a 4 bedroom/1 bath and two others is a 3 bedroom/1 bath and a 5 bedroom/1.5 bath single level dwellings. A total of four units. Tenants are mo/mo. Zoning R-5. Each home has its own Electric and Water Meters. Tenants pay their own utilities. Great investment and conveniently located Kailua Town, Mall, Restaurants, Kailua & Lanikai Beach. Great for expansion plenty of room on this spacious 20,000 sq. ft. lot of almost half acre. House will need some TLC. There are nine (9) plus parking stalls. Whether for living or investing, do not miss this opportunity. Property is to be sold "AS IS". No repairs will be done. Seller will not pay for survey and termite. Buyer is to do his/her own due diligence inspection. Please do not disturb tenants! One or more photos are enhanced.
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Multi-family details

1949 year built
  • Year Built 1949
  • Year Remodeled 1983
  • Original list price $2,900,000
  • Days on market 57
  • Building type Duplex,Multi Dwellings,Other
  • Price per sqft $690/sqft
  • Address

    338B Kalama Street, Kailua, HI, 96734

  • Neighborhood Coconut Grove
  • Land tenure FS - Fee Simple
  • Land SqFt 20,001 sqft
  • View Garden

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$14,787
Taxes
$518
HOA dues
$0
$15,305 per month
Mortgage
Down payment
$580,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $14,787 / month

Neighborhood: Coconut Grove

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
13.5 / 20
Somewhat walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

4 total units
# of 1 Bd
0
# of 2 Bd
0
# of 3 Bd
4
Total Units
4

Amenities & Features

9 parking places
Stories
One
Furnished
None
Roof
Asphalt Shingle
Construction
Single Wall, Slab, Wood Frame
Utilities
Cable, Internet, Overhead Electricity, Public Water, Telephone, Water
Property Condition
Average, Fair
Parking
Open
nr.of parking places
9
Amenities
None

Income

Net Operating Income: $96,600
Total Actual Rent
$8,050
Total Annual Operating Expenses
Total Income
$96,600
Net Operating Income
$96,600

Coconut Grove prices

Average price $870.78k
Neighborhood average sales price*
$870.78k
Neighborhood median sales price*
$905k
Number or sales*
16
*last 6 months

Schools

15 schools with rating up to 6
School rating Distance
5
out of 10
Kainalu Elementary School
165 Kaiholu St, Kailua, HI 96734
Elementary School
0.369mi
5
out of 10
Kainalu Elementary School
165 Kaiholu St, Kailua, HI 96734
Middle School
0.369mi
6
out of 10
Kalaheo High School
730 Iliaina St, Kailua, HI 96734
High School
0.547mi
School rating Distance
5
out of 10
Kainalu Elementary School
165 Kaiholu St, Kailua, HI 96734
0.369mi
NR
Hawaiian Mission Academy Windward Campus
160 Mookua Street, Kailua, HI 96734
0.642mi
NR
St. Anthony Parish School
148 Makawao Street, Kailua, HI 96734
0.79mi
2
out of 10
Kailua Elementary School
315 Kuulei Rd, Kailua, HI 96734
1.024mi
NR
Huakailani School for Girls
146 Hekili Street STE 104, Kailua, HI 96734
1.182mi
School rating Distance
5
out of 10
Kainalu Elementary School
165 Kaiholu St, Kailua, HI 96734
0.369mi
NR
Hawaiian Mission Academy Windward Campus
160 Mookua Street, Kailua, HI 96734
0.642mi
NR
St. Anthony Parish School
148 Makawao Street, Kailua, HI 96734
0.79mi
2
out of 10
Kailua Elementary School
315 Kuulei Rd, Kailua, HI 96734
1.024mi
NR
Huakailani School for Girls
146 Hekili Street STE 104, Kailua, HI 96734
1.182mi
School rating Distance
6
out of 10
Kalaheo High School
730 Iliaina St, Kailua, HI 96734
0.547mi
4
out of 10
Kailua High School
451 Ulumanu Dr, Kailua, HI 96734
1.596mi
NR
Kailua Christian Academy
1276 Kailua Road, Kailua, HI 96734
1.735mi
NR
Ke Kula O Samuel M Kamakau - A Laboratory Public Charter School
45037 Kaneohe Bay Dr, Kaneohe, HI 96744
1.922mi
NR
Le Jardin Academy
917 Kalanianaole Hwy, Kailua, HI 96734
2.321mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Active Under Contract Jul 5, 2024
Date Event Price $/sqft Source
Jul 5, 2024 Active Under Contract $2,900,000 $689.82 MLS #202411610
May 24, 2024 New Listing $2,900,000 $689.82 MLS #202411610
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Tax & MLS details 338B Kalama Street, Kailua, HI, 96734

05 - R-5 Residential District zoning / MLS #202408315
Current Property Taxes p/month
$518
Property Tax Year
2024
Assessed Improvement value
$265,700
Assessed Land value
$1,540,700
TMK
1-4-3-038-035-0000
Land Recorded
Land Court
Zoning
05 - R-5 Residential District
Flood Zone
Zone X
Topography
Level
Location
Dead End,Inside,Other
Lot Description
Flag Lot
Property Setbacks
C&C, Of Record
Total Assessed value
$1,806,400
Listed by
Coldwell Banker Realty
(808) 676-7200
MLS #
202408315
Hawaii House tour report for this multi-family home
No reviews yet
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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We do not have a Hawaii House tour report for this listing yet.
As soon as we do, we post it here.

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Frequently asked questions for 338B Kalama Street

When was this multi-family home built and last sold?

This house was build in 1949.

What is the full address of this multi-family home?

338B Kalama Street, Kailua, HI, 96734.

Are there beaches near 338B Kalama Street?

The nearest beach is 0.476 miles away, called Kailua Beach. It should take about 10 min walk.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Coldwell Banker Realty. 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 July 05, 2024.
Hawaii House Last checked 1 minute ago.

Multi-Family Home active under contract $2,900,000 338B Kalama Street, Kailua, HI, 96734 4,204 sqft Save House Remove from Saved