59-672 Kamehameha Highway, Haleiwa, HI 96712

$2,700,000
Sold Price
$2,700,000
List Price
$2,700,000
Status
SOLD
Type
Multifamily
MLS#
202222250
Days on Market
11
Closing Date
Dec 22, 2022
Land Area
10,954
Year Built
1943
Year Remodeled
2022
Neighborhood
Sunset
Land Tenure
FS - Fee Simple

Property Description

Motivated Seller!! Previous Appraisal came in at 3 million prior to the $280K in renovations the sellers did. Immaculate multiple dwellings; Renovated in 2022 with high-end, luxury finishes. Total of 116 owned PV Panels!!!The property is in the heart of North Shore, across from Shark's Cove and the start of the bike path to Log Cabins, Pipeline, and Rocky Point. Just a few minutes bike ride to Sunset Beach or a short walk to Waimea Bay. Legal non-conforming 14 bedrooms and 7 full baths with R-5 zoning on over 10,0000 sqft lot with a total of 7 separate units, which has potential to generate impressive rental income. The zoning and lot size has the potential to CPR both homes! This is a one-of-a-kind property with ocean frontage, but without the ocean erosion issues and in Flood Zone X. The property has received permits to raise the back house 8ft and to the left to mimic the middle structure, which will provide ocean views from almost every unit and an extended carport and laundry room below. Ideal for investors with the potential to CPR. Don't miss out on this rare North Shore investment opportunity.

Additional Information

Island
Oahu
Stories Type
Two
Utilities
Cable, Internet, Overhead Electricity, Public Water, Septic
View
Coastline, Mountain, Ocean, Sunset
Easements
None
Parking Total
7
Lot Size
10,954
Construction Materials
Vinyl, Wood Frame
Mls Area Major
North Shore
Neighborhood
Sunset
Studio Units Number Of
2
Frontage
Waterfront
Furnished
Negotiable
Year Built
1943
Year Remodeled
2022
Tax Amount
$1,123
Sewer
Septic
Unit Two Bed Number Of
4
Roof
Asphalt Shingle, Composition
Parking Features
Open
Lot Features
Clear
Amenities
Storage
Unit Three Bed Number Of
1
Assessed Total
1838300
Assessed Improvement
853500
Assessed Land
984800

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of eXp Realty. Selling Office: eXp Realty.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2023 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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