Honolulu, HI 96815,3316 Campbell AVE
Listed by Keller Williams Honolulu
Bought with OahuRE.com

$2,400,000

$2,460,000

2.4%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 10/27/2023

Key Details

Sold Price $2,400,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Subdivision Kapahulu

MLS Listing ID 202320785

Sold Date 10/27/23

Construction Status Average Condition

Year Built 1949

Annual Tax Amount $30,504

Property Description

Rarely available opportunity in Kapahulu! Priced attractively at tax-assessed value. B-2 Zoned with 3 structures & 4 units: a 957 sf Retail Shop, a 780 sf 2/1 Single Family Home, and a 1,276 sf Duplex with two 638 sf 2/1 units. Two carports with a total of 5 parking, plus street parking. Ready to go with 5 electrical meters. Super convenient and desirable location only 0.9 miles to the closest freeway onramp, and 0.9 miles to "walls" at world famous Waikiki Beach, plus a plethora of eateries in the immediate area. All units are vacant except for Duplex A; tenant will vacate at closing. Make use of the property quickly with a few repairs, make some upgrades for increased revenue, or explore the option to redevelop affordable rental units under Bill 7 to maximize the property's highest & best use. Historical income numbers are below market, as family has lived in 2 units rent-free for years, leaving you plenty of upside. Property is being sold Strictly As-Is. Bath count (3.5) does not match city records (3). Structures have deferred maintenance, buyers to conduct their own due diligence. Please do not disturb tenants. Act quickly. Don't miss your chance to own this amazing property!

Location

State HI

County Oahu

Area Diamondhd

Interior

Cooling Central Air

Fireplace No

Appliance Dryer

Exterior

Parking Features Covered, Open

Community Features None

Utilities Available Cable Available, High Speed Internet Available, Sewer Available, Water Available, Sewer Connected

View Y/N Yes

View Mountain(s)

Total Parking Spaces 5

Building

Lot Description Cleared, Corner Lot, Level

Entry Level One

Sewer Connected

Water Public

Level or Stories One

Construction Status Average Condition

Others

Tax ID 1-3-1-012-015-0000

Financing Cash

Special Listing Condition None

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