SOLD 05/15/2019
Photos
About
Details
Open Houses
Interior Features
Listed by
Buyer agent
Payment calculator
Exterior Features
Lot details
Neighborhood
Unit Information
Income
Price history
Taxes
Agent viewpoints
Similar homes for sale
Recently sold homes
Request more info
FAQ
Map View
Multi-Family sold for $1,985,000 in 134 days
75-5730 Alahou St Kailua Kona, HI, 96740
Neighborhood: Lono KonaOff the market 7,240 sqft
6.39% cap on existing NOI ($133,913.52) in a market with no inventory! 16 one-beds on Hamburger Hill w/ ample parking, super walkable to downtown Kailua-Kona. Views of Kailua Bay from many units, all units have closed lanais, adding to the interior square footage. Off-ground construction means repairs are simple and so much cheaper than busting through concrete. LOTS of storage on the makai side of the building can be rented out for additional income. Absolute rentability in a tight rental market, this building has so much potential! All units are separately metered for electric, and tenants pay their own. Laundry is leased and can be replaced with your own machines to increase income! Proposed to be put on public sewer in the next 1-2 years with an annual cost of $5449 for 35 years.
Read more
Property details
1972 year built
View
Ocean, Sunset
Price per sqft
$274/sqft
Address
75-5730 Alahou St, Kailua Kona, HI, 96740
City of Hawaii
Kailua Kona
Island
Big Island
Building type
Apartments,Multi Dwellings
Year Built
1972
Frontage
Other
Land tenure
FS - Fee Simple
Neighborhood
Lono Kona
District
N. Kona
Open Houses
No upcoming open houses
Interior Features
16 parking places
Stories
Two
Furnished
Partial
Roof
Custom/Specialty
Utilities
Cable, Internet, Overhead Electricity, Septic, Water
Property Condition
Above Average
nr.of parking places
16
Garage & Parking
Assigned
Amenities
Storage
Listed by
Christina L Dwight, Commercial Inv. Strategies
Name
Christina L Dwight
License number
RB-20978
Brokerage company
Commercial Inv. Strategies
MLS #
201824975
Buyer agent
Name
NON MLS
Brokerage company
Non-MLS
Payment calculator
Calculate your monthly payments
Mortgage
$6,095
Taxes
$779
HOA dues
$0
Mortgage
$397,000 / 20%
2.28%
30 years
Your amount
$6,095 / month
Exterior Features
Double Wall, Wood Frame construction and more
Construction
Double Wall, Wood Frame
Lot details
TMK #3750220600000
Lot Description
Clear
Parcel nr.
3750220600000
Lono Kona neighborhood info
Essentials nearby
Neighborhood stats
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
People living in Lono Kona
26%
Families with children
National average: 39%
20%
Non family households
89,880
Population
$94,307
Average Income
Age & gender
Median age 42 years
More info
Commute types
84% commute by car
More info
Education level
26% have high school education
More info
Number of employees
12% work in entertainment services
More info
Vehicles available
40% have 2 vehicle
More info
Vehicles by gender
40% have 2 vehicle
More info
Housing market insights for
$787k
Neighborhood average
sales price*
sales price*
$674k
Neighborhood median
sales price*
sales price*
4
Number
of sales*
of sales*
Housing type
57% are single detacheds
More info
Rooms
45% of the houses have 4 or 5 rooms
More info
Bedrooms
66% have 2 or 3 bedrooms
More info
Owners vs Renters
67% are owners
More info
8.5 / 20
Below Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Unit Information
# of 1 Bd
16
Income
Total Actual Rent
$15,425
Price history
Sold May 15, 2019
Lono Kona Median sales price 2023
| Bedrooms | Med. price | % of listings |
|---|---|---|
| 2 beds | $400k | 100% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 15, 2019 | Sold | $1,985,000 | 274.17 | Public Record |
| May 15, 2019 | Price Decrease | $1,985,000 -5.25% | 274.17 | MLS #201824975 |
| Feb 11, 2019 | Under contract | $2,095,000 | 289.36 | MLS #201824975 |
| Nov 16, 2018 | Price Decrease | $2,095,000 -11.75% | 289.36 | MLS #201824975 |
| Oct 1, 2018 | New Listing | $2,374,000 | 327.9 | MLS #201824975 |
Taxes of 75-5730 Alahou St, Kailua Kona, HI, 96740
12 - A-2 Medium Density Apartme zoning / MLS #201824975
Current Property Taxes p/month
$779
Assessed Improvement value
$423,800
Assessed Land value
$390,300
Land Recorded
Regular System
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Topography
Down Slope
Location
Inside
Total Assessed value
$814,100
Tax History
| Year | Taxes | Source |
|---|---|---|
| 2017 | $9,348 | MLS #201824975 |
About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.
Agent viewpoints of 75-5730 Alahou St, Kailua Kona, HI, 96740
No reviews yet
Stunning views
Open floorplan
Needs Work
Street noise
We do not have an Agent Viewpoint for this listing yet.
As soon as we do, we post it here.
As soon as we do, we post it here.
Similar homes for sale
Similar homes nearby 75-5730 Alahou St for sale
Recently sold homes
Request more info
By pressing SEND, you agree that Verhouse and real estate professionals may call/text you about your inquiry, which may involve use of automated means and prerecorded/artificial voices. You don’t need to consent as a condition of buying any property, goods or services. Message/data rates may apply. You also agree to our Terms of Use. Verhouse does not endorse any real estate professionals.
Frequently Asked Questions about 75-5730 Alahou St
Which year was this multi-family built?
This multi-family was build in 1972.
Which year was this property last sold?
This property was sold in 2019.
What is the full address of this Multi-Family?
75-5730 Alahou St, Kailua Kona, HI, 96740.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Commercial Inv. Strategies.
Our company may forward your question(s), email address, phone number, name, and any other information you may provide to a licensed real estate agent in the state where the property you are inquiring about is located. We forward your information to assist you in getting you the answers you are requesting. However, you are not obligated to work with this agent. The agent we forward your information to may or may not be the listing agent for the property. Please discuss with the agent regarding your options for representation. Information deemed reliable but not guaranteed.
Listing last updated: May 15, 2019
Verhouse Last checked 5 minutes ago
The closest grocery stores are Safeway, 0.29 miles away and Sack 'n Save, 0.4 miles away.
The Lono Kona neighborhood has a population of 89,880, and 26% of the families have children. The median age is 42.55 years and 84% commute by car. The most popular housing type is "single detached" and 67% is owner.