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82 & 104 Kihapai Street, Kailua, HI 96734
8 min walk to Kawai Nui Marsh
19 min walk to the beach
7 min drive to the golf
25 min walk to Kailua Beach
5 min drive to Flat Island - Popoia Island
About lifestyles
Extremely desirable and rare KAILUA apartment property consisting of two buildings on two lots (TMKS 1-4-3-058-018 [6,555sf] AND 1-4-3-058-019 [6,481sf]) for a total of 13,036sf of land. 1:1 parking, hollow tile construction, coin operated owned laundry, all tenants separately metered for electric, each bldg has its own water bill and coin laundry area. Roof type is modified bitument, no silicone. Residential exemption for real property taxes in use by current owner, but B-2 zoning means you can change the use to Business if you want, so there’s flexibility for future use! *AND B- and A- zoned properties can be redeveloped for Bill 7.
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Details
1970 year built
- Year Built 1970
- Original list price $8,888,000
- Days on market 101
- Price per sqft $1,147/sqft
-
Address
82 & 104 Kihapai Street, Kailua, HI, 96734
- Frontage Other
- Neighborhood Coconut Grove
- Land area 13,036 sqft / 0.299 acres
- Total Interior Area 7,750 sqft
- City of Oahu Kailua
- Region Kailua
- Island Oahu
- Land tenure FS - Fee Simple
- Number of Units 24
- Parking Spaces 24
- Annual Expenses 119865
- Net Operating Income 423236
- Virtual Tour View (external link)
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$45,318
Taxes
$1,380
HOA dues
$0
Mortgage
Down payment
$1,777,600 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$45,318 / month
Neighborhood: Coconut Grove
Nearby & commute
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
—
no data
Hospital
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no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
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no data
High school
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no data
Local airport
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no data
17.5 / 20
Very walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index
Amenities & Features
24 parking places, Concrete, Other floors
Roof
Other
Property Condition
Excellent
Business Type
Condo/Apt
Construction/Exterior Finish
Concrete Block
Air Conditioning
None
Loading
None
Floor Covering
Concrete, Other
Income Information Source
Accountant, Owner
Expense Information Source
Accountant, Owner
Easements
Other, Utility
Documents Available
Lease Documents, P&L, Survey, Title Search
Lessee/Tenant Pays
Electricity, Other
Parking
Assigned, On Site
Utilities Included
Light Electricity, Other, Small Water Meter
Amenities
None
Coconut Grove prices
Average price $640.92k
Neighborhood average sales price*
$640.92k
Neighborhood median sales price*
$572.5k
Number or sales*
54
Street median sales price*
$504k
*last 6 months
Schools
15 schools with rating up to 6
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kailua Elementary School
315 Kuulei Rd,
Kailua, HI 96734
Elementary School
|
0.383mi |
| out of 10 |
Kailua Elementary School
315 Kuulei Rd,
Kailua, HI 96734
Middle School
|
0.383mi |
| out of 10 |
Kailua High School
451 Ulumanu Dr,
Kailua, HI 96734
High School
|
0.687mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kailua Elementary School
315 Kuulei Rd,
Kailua, HI 96734
|
0.383mi |
|
Huakailani School for Girls
146 Hekili Street STE 104,
Kailua, HI 96734
|
0.391mi | |
|
St. Anthony Parish School
148 Makawao Street,
Kailua, HI 96734
|
0.632mi | |
|
Hawaiian Mission Academy Windward Campus
160 Mookua Street,
Kailua, HI 96734
|
0.636mi | |
|
Kailua Christian Academy
1276 Kailua Road,
Kailua, HI 96734
|
0.933mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kailua Elementary School
315 Kuulei Rd,
Kailua, HI 96734
|
0.383mi |
|
Huakailani School for Girls
146 Hekili Street STE 104,
Kailua, HI 96734
|
0.391mi | |
|
St. Anthony Parish School
148 Makawao Street,
Kailua, HI 96734
|
0.632mi | |
|
Hawaiian Mission Academy Windward Campus
160 Mookua Street,
Kailua, HI 96734
|
0.636mi | |
| out of 10 |
Kailua Intermediate School
145 South Kainalu Dr,
Kailua, HI 96734
|
0.672mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kailua High School
451 Ulumanu Dr,
Kailua, HI 96734
|
0.687mi |
|
Kailua Christian Academy
1276 Kailua Road,
Kailua, HI 96734
|
0.933mi | |
| out of 10 |
Kalaheo High School
730 Iliaina St,
Kailua, HI 96734
|
1.154mi |
|
Le Jardin Academy
917 Kalanianaole Hwy,
Kailua, HI 96734
|
1.725mi | |
|
Trinity Christian School
875 Auloa Road & 1110 Kailua Road,
Kailua, HI 96734
|
1.764mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Cancelled Dec 21, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Dec 21, 2023 | Cancelled | $8,888,000 | $1,146.84 | MLS #202324066 |
| Oct 24, 2023 | New Listing | $8,888,000 | $1,146.84 | MLS #202324066 |
Tax & MLS details 82 & 104 Kihapai Street, Kailua, HI, 96734
32 - B-2 Community Business Dis zoning / MLS #202324066
Current Property Taxes p/month
$1,380
Property Tax Year
2023
Assessed Improvement value
$1,352,300
Assessed Land value
$3,378,200
TMK
1-4-3-058-018-0000
Land Recorded
Land Court
Zoning
32 - B-2 Community Business Dis
Flood Zone
Zone AH
Total Assessed value
$5,090,500
Listed by
Commercial Inv. Strategies
(808) 429-1098
(808) 429-1098
MLS #
202324066
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Frequently asked questions for 82 & 104 Kihapai Street
What is 82 & 104 Kihapai Street?
82 & 104 Kihapai Street is a Commercial/Industrial
How many units does it have?
82 & 104 Kihapai Street has 24 units.
What is the rental income?
The net income is $423,236
*check with agent
What is the full address of this commercial?
82 & 104 Kihapai Street, Kailua, HI, 96734.
What comparable properties are nearby?
Comparable nearby commercial properties include 1818 S King Street, 810 Green Street, 1079-1085 S Beretania Street, 1694 Kalakaua Ave, 1218 N King Street, 425 N King St.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Commercial Inv. Strategies. 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 15, 2024.
Hawaii House Last checked 1 minute ago.
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