Prime location in Coconut Grove. Short distance of Kailua town, beaches, churches, schools. This fee simple property with 4 units, one is a duplex with a total of 16 bedrooms. Rarely available property of 20,001 sq. ft. land, zoning, R-5. Great investment or for generational home, live in one and rent the others. Each unit has its own individual Electric and Water meters. Tenants pay their own utilities. Level lot wit over 9 parking stalls. You could add more parking stalls if needed. Tenants are mo/mo. Great for expansion, No HOA fees. House will need TLC. Property sold "AS IS" no repairs will be done. Seller will not pay for survey and termite. Buyer to do his/her due diligence inspection. Please do not disturb tenants. One or more photos are enhanced.
Closed
$2,500,000
338B Kalama St, Kailua, HI 96734
16beds
4,204sqft
Single Family Residence
Built in 1949
-- sqft lot
$3,466,300 Zestimate®
$595/sqft
$5,106 Estimated rent
Home value
$3,466,300
$2.98M - $4.09M
$5,106/mo
Zestimate® history
Owner options
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$5,106/mo
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$11,152/mo
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Leilani R Ornellas 808-479-3791,
Coldwell Banker Realty
Bought with:
Sean S Yano, RS-61434
Compass
Source: HiCentral MLS,MLS#: 202411610
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Features
- Flooring: Hardwood, Laminate
Interior area
- Total structure area: 4,204
- Total interior livable area: 4,204 sqft
Property
Parking
- Total spaces: 9
- Parking features: Three or more Spaces
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Fenced,Wall
- Has view: Yes
- View description: None
- Frontage type: Other
Lot
- Features: Cleared, Flag Lot, Other, Level
- Topography: Level
Details
- Parcel number: 1430380350000
- Zoning description: 05 - R-5 Residential District
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Multiplex
- Property subtype: Single Family Residence
Materials
- Concrete, Single Wall, Wood Frame
Condition
- Average Condition,Updated/Remodeled
- New construction: No
- Year built: 1949
- Major remodel year: 1983
Utilities & green energy
- Water: Public
- Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Water Available
Community & HOA
Community
- Subdivision: Coconut Grove
HOA
- Services included: None
Location
- Region: Kailua
Financial & listing details
- Price per square foot: $595/sqft
- Tax assessed value: $1,879,400
- Annual tax amount: $6,216
- Date on market: 5/24/2024
- Inclusions: AC Split, Book Shelves, Range Hood, Range/Oven, Water Heater
- Total actual rent: 8050
Price history
| Date | Event | Price |
|---|---|---|
| 9/6/2024 | Sold | $2,500,000-13.8%$595/sqft |
Source:  HiCentral MLS #202411610 Report a problem | ||
| 8/7/2024 | Pending sale | $2,900,000$690/sqft |
Source: HiCentral MLS #202408315 Report a problem | ||
| 7/5/2024 | Contingent | $2,900,000$690/sqft |
Source: HiCentral MLS #202408315 Report a problem | ||
| 5/16/2024 | Listed for sale | $2,900,000$690/sqft |
Source: HiCentral MLS #202408315 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,879,400 +4% |
| 2024 | $6,322 +1.8% | $1,806,400 +1.8% |
| 2023 | $6,214 +3.8% | $1,775,300 +3.8% |
| 2022 | $5,986 -43% | $1,710,200 +16.5% |
| 2021 | $10,501 +132.2% | $1,468,200 +13.6% |
| 2020 | $4,522 +1.4% | $1,292,100 +1.4% |
| 2019 | $4,461 -0.9% | $1,274,700 -0.9% |
| 2018 | $4,503 +4.9% | $1,286,700 +4.9% |
| 2017 | $4,295 +3.4% | $1,227,000 +3.4% |
| 2016 | $4,154 -4.5% | $1,186,900 -4.5% |
| 2015 | $4,351 | $1,243,100 -0.2% |
| 2014 | -- | $1,245,000 |
Find assessor info on the county website
Neighborhood: 96734
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Nearby schools
GreatSchools rating
- 7/10Kainalu Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 7/10Kailua Intermediate SchoolGrades: 7-8Distance: 1.2 mi
- 10/10Kalaheo High SchoolGrades: 9-12Distance: 0.6 mi
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$3,466,300
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+$69,326
With Zillow Showcase(estimated)
$3,535,626
- Hawaii
- Honolulu County
- Kailua
- 96734
- 338B Kalama St
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