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Sold for $490,000 on 10/25/24
  • $490,000

    525 Aleka Loop #J5, Kapaa, HI 96746

    1beds
    633sqft
    Condominium
    Built in 1972
    -- sqft lot
    $493,400 Zestimate®
    $774/sqft
    $1,967 Estimated rent

    What's special

    This recently upgraded ocean-facing Plantation Hale condo is located on the ground floor of the quiet side of the complex with a true ocean view. Only a dozen steps from parking and right by one of the three pools on the property, it’s an active income-generating vacation rental with consistent bookings and repeat guests. As a one bedroom end unit, it includes extra ventilation with more windows, a full size kitchen, newly installed flooring in the living room and bedroom, all new bathroom fixtures, a brand new AC unit, new memory foam queen beds, two new flat screen smart TVs and a WiFi smart locking system, making it a turn-key investment opportunity.<br><br>The unit comes fully furnished and equipped with everything you or your guests may need: fully stocked kitchen with all small appliances, extra bedding, extra towels, beach gear, vacuum, etc. Right next to the shopping and dining of Coconut Marketplace, the location is also convenient for linking up with the oceanfront Kauai Path for a stroll or bike ride. Currently, the unit is privately managed with a transferable calendar of bookings and high revenue potential. Options for on-site management are also available.

    Zillow last checked: 7 hours ago

    Listing updated: October 25, 2024 at 02:56am

    Listed by:

    Chris Sanderl 8086358992,

    NextHome Pacific RE

    Bought with:

    Jill Caisey, RS-79794

    Hawaii Life

    Source: Hawaii Information Service,MLS#: 712715

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Appliances
    • Included: Disposal, Microwave, Range, Range Hood, Refrigerator
    Features
    • Flooring: Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 633
    • Total interior livable area: 633 sqft

    Property

    Parking
    • Parking features: Unassigned
    Features
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Ocean Front
    • Frontage type: Almost Oceanfront
    Details
    • Parcel number: 4430020170133
    • Zoning: RR-20
    • Special conditions: Fee Simple,Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • Year built: 1972

    Utilities & green energy

    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Available

    Community & neighborhood

    Location
    • Region: Kapaa
    • Subdivision: WAILUA BEACH

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $1,332 monthly

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Ownership: CPR
    • Road surface type: Paved
    Services availability
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    An equal housing lender. NMLS #10287.