Hawaii Living

2742 Kaaha St (Mccully/Kapiolani)

2742 Kaaha St, Honolulu
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Description
RARE opportunity to develop a level A2-zoned lot in a highly-desirable rental neighborhood! Take advantage of the city’s new Bill 7, which gives generous incentives and tax breaks for owners who develop affordable rentals! This medium-density apartment zoned lot is one of the last remaining lots on this block that hasn’t been developed into an apartment or condo. Being offered for the first time in generations. Existing home is solid, but needs renovations and upgrades. Newer roof, laminate floors, flexible floor plan. Spacious basement for storage. Sold as-is. Great central location off Kapiolani - near University of Hawaii, restaurants, shopping center, Ala Wai Golf Course, Waikiki, bus line, freeway access. Priced well BELOW assessed value. Don't miss this one!
Past Activity
  • Feb 06, 2024 Withdrawn / Canceled
  • Feb 06, 2024 Back to Active
  • Sep 29, 2023 In Escrow
  • Aug 25, 2023 Listed at $975,000
  • Dec 01, 2019 Sold for $830,000
  • Oct 15, 2019 In Escrow
  • Sep 26, 2019 Listed at $850,000
Blog
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $611
  • Other Homes Price / ft²
  • Cash vs Financing Buyers
  • Zoning: 12 - A-2 Medium Density Apartme
  • Flood Zone: Zone X
  • Elementary School: Kuhio
  • Middle School: Washington
  • High School: Kaimuki
  • Property Condition: Fair
  • Amenities: Maids/Guest Qrters, Storage, Wall/Fence
  • TMK: 1-2-7-18-2-0
  • Tax Assessed Land: $864,700
  • Tax Assessed Improvements: $111,100
  • Tax Assessed Total: $975,800
  • Courtesy: BHGRE Advantage Realty
  • MLS: 201927034
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 26, 2024. Information is deemed reliable but not guaranteed.
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2963 Koali Rd
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2023 Fern St
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2401 Kula Kolea Dr
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1577 Pahulu St
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940 Akepo Lane
4 Bds | 1 Ba
1,684 ft²
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1756 Gulick Ave
4 Bds | 2.5 Ba
1,534 ft²
  • Sold 11/29/19 at $830,000
    (List Price: $850,000)
Description
RARE opportunity to develop a level A2-zoned lot in a highly-desirable rental neighborhood! Take advantage of the city’s new Bill 7, which gives generous incentives and tax breaks for owners who develop affordable rentals! This medium-density apartment zoned lot is one of the last remaining lots on this block that hasn’t been developed into an apartment or condo. Being offered for the first time in generations. Existing home is solid, but needs renovations and upgrades. Newer roof, laminate floors, flexible floor plan. Spacious basement for storage. Sold as-is. Great central location off Kapiolani - near University of Hawaii, restaurants, shopping center, Ala Wai Golf Course, Waikiki, bus line, freeway access. Priced well BELOW assessed value. Don't miss this one!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 26, 2024. Information is deemed reliable but not guaranteed.
    • Feb 06, 2024 Withdrawn / Canceled
    • Feb 06, 2024 Back to Active
    • Sep 29, 2023 In Escrow
    • Aug 25, 2023 Listed at $975,000
    • Dec 01, 2019 Sold for $830,000
    • Oct 15, 2019 In Escrow
    • Sep 26, 2019 Listed at $850,000
    Other Mccully/Kapiolani Homes
    • Photo
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    • Photo
    1819 Waiola St
    4 Bds | 4 Ba
    1,344 ft²
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    2963 Koali Rd
    1 Bd | 1 Ba
    360 ft²
    2620 B Date St
    3 Bds | 1 Ba
    844 ft²
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    2023 Fern St
    6 Bds | 2 Ba
    2,038 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.