Irreplaceable Investment Property at the Beach! Located on the west side of ‘The Garden Island’, Kauai. The property is adjacent to the ocean and can never be replicated due to today’s setbacks and development regulations. Close access to Waimea Canyon / Kokee Park and the Longest White Sand Beach in Hawaii. Spectacular sunsets year round. Employment centers of Pacific Missile Range Facility, Kauai Veteran’s Memorial Hospital, and other Kekaha/Waimea businesses are less than three miles away. All units have been recently upgraded. Exterior was repainted within the last two years. Exact finishes and unit layout differ slightly from unit to unit. The 3 buildings consist of an SFR with office/storage and garages below, a duplex, and a 10-unit (5 up and 5 down). The SFR is closest to the ocean and would be ideal for owner occupancy. Most units have ocean views. Recent Covid-19 economic factors have created a few vacancies. Otherwise, the property is generally full. New demand for housing on Kauai with growing needs from local employment centers has this property poised for upside. The property’s wastewater system will require immediate upgrading and the price has been adjusted accordingly. Property is not a licensed or permitted short term rental. Please do not disturb tenants and all property access to be made by appointment only.
Off market
Zestimate®
$3,334,400
4517 Kala Rd, Kekaha, HI 96752
29beds
6,930sqft
Multi Family
Built in 1940
-- sqft lot
$3,334,400 Zestimate®
$481/sqft
$1,773 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 06, 2024 at 05:02pm
Listed by:
Patrick M McLean 8083463211,
Pacific Real Estate Services, LLC
Bought with:
Jim Edmonds, RB-15273
Emerald Isle Properties
Source: Hawaii Information Service,MLS#: 641485
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 29
- Bathrooms: 16
- Full bathrooms: 15
- 1/2 bathrooms: 1
Appliances
- Included: Dishwasher, Range, Refrigerator
Features
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total structure area: 6,930
- Total interior livable area: 6,930 sqft
Property
Parking
- Parking features: Assigned
Lot
- Size: 0.68 Acres
Details
- Parcel number: 4130030130000
- Zoning: O
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Cesspool
- Utilities for property: Electricity Available, Natural Gas Available
Community & neighborhood
Location
- Region: Kekaha
- Subdivision: KEKAHA HOUSE LOTS
Other
Other facts
- Listing terms: 1031 Exchange,Assumable,Cash,Construction Loan,Contract,Conventional,Developer Package,Open,Other
- Ownership: Full
- Road surface type: Major Thoroghfare, Paved