316C Kalama Street, Kailua, HI 96734
Back to Website: HaleKalama.IsForSale.com
Features
- Each unit has its own entrance, fenced in grassy yards, kitchen & laundry facilities
- Main House features spacious deck, grassy front yard & new updates,
- Includes amenities like a detached "office shed", 3 storage areas, leased PV & solar hot water
- Great investment opportunity with $5500 a month rental income (could be higher!)
- Just a short stroll to Kailua Beach & Kailua Town with its myriad of markets, restaurants, cafes, bars, yoga studios, Whole Foods & Target!
Remarks
This uber-cute, remodeled Kailua beach cottage is PRICED TO SELL! Situated on a quiet lane just a fews blocks to stunning Kailua beach, a short distance to local
schools, markets, restaurants, yoga studios, local breweries & other Kailua town destinations! Currently set up as a 2 +1 & 1+1, the home currently generates $5500 a month! Each unit has its
own entrance, fenced in grassy yards, kitchen & laundry facilities. Main House upgrades include laminate flooring, remodeled kitchen & bathroom, travertine
countertops, ceiling fans, spacious deck off of the living room thats opens to the private, grassy front yard. Beautiful 1 bedroom has concrete floors, granite
counter tops, ceiling fans skylights, and is move-in ready. Other amenities include a detached (un-permitted) "office shed" with electricity, 3 storage areas, leased
PV, & solar hot water. Property is tenant occupied, so showings by appointment only.
Here is a link to the Comparative Market Analysis (CMA): 316C Kalama Street CMA
When viewing the CMA, please note the average price per square foot on the "IN ESCROW" and recently "SOLD" listings on page 9 of 10. Also, please note the much larger lot size of 316C Kalama in comparison to all the other IN ESCROW/SOLD properties except for 1 property.
***The actual interior square footage is closer to 1590 s.f. as the carport (237 s.f.) & porch (80 s.f.) areas are now interior square footage, and were enclosed without a permit. For purpose of the valuations below, we used the 1281 square feet listed on tax records.***
CLICK HERE to view professional building plans for these upgrades!!
The average price per square foot for "IN ESCROW" comparable properties in the CMA is $1032 per square foot.
Using this average, the suggested price for the 1281 s.f. subject property is $1,321,992
The average price per square foot for recently "SOLD" comparable properties in the CMA is $1229 per square foot.
Using this average, the suggested price for the 1281 s.f. subject property is $1,574,349
Of the other properties listed on the report, 316C Kalama is the only property with PV, solar hot water, a detached office, additional storage units, and rental income!!
Here is link to the to the same listings in the report above but with all the listing photos: Kalama Street CMA w/Photos
CLICK HERE for access to the preliminary title report, MLS printout, Property Tax Printouts & More
General Information
Building Details
Amenities
- Built-ins
- Ceiling Fan(s)
- Deck
- Dryer
- Garbage Disposal
- Garden
- Laminate Flooring
- Solar Hot Water
- Photovotaic
- Landscaped Back Yard
- Landscaped Front Yard
- Lawn
- Offstreet Parking
- Porch
- Range / Oven
- Refrigerator
- Remodeled Bath
- Remodeled Kitchen
- Stainless Steel Appliances
- Storage Area
- Tile Counter Tops
- Tile Floors
- Vaulted Ceilings
- Washer
- Workshop