4517 KALA RD, KEKAHA, HI 96752

$2,790,000
29
BD
15
BA
6,930
SqFt
List Price
$2,790,000
Price Change
▼ $100,000 1613723578
Days on Market
269
MLS#
641485
Status
ACTIVE
Type
Multifamily
Bedrooms
29
Bathrooms
15
Living Area
6,930
Land Tenure
Fee Simple
Neighborhood
Kekaha House Lots

Property Description

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 sewer 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.

Additional Information

Solid Waste Disposal Trash
Private Contractor
Roads
County, Major Thoroughfare, Paved
Parking
Assigned
Taxes Annual
$13189
Appliances
Dishwasher, Refrigerator, Range/Oven
Lot Number
116
Zoning
O
Lot Size
29,740
Water
County, Meter Installed
Power
Gas, Overhead
Year Built
1976
Sewer
Cesspool
Assessed Value
1339000
Floor Covering
Carpet
District
Waimea

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Listing courtesy of Pacific Real Estate Services, LLC.

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