Hawaii Living

3451 Paalea St (Palolo)

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3451 Paalea St, Honolulu
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Description
Fab Opportunity to Restore. Cool 2 legal dwellings in Honolulu under $1 million. Need Savvy & financially Strong Buyer with renovation experience to rehab houses. Front house sparks 1935 vintage charm with inviting classic look. Back house, built with C&C permit in 1959, is Grandfathered-In. Back house is Non-Conforming to current zoning code R-5. Ideal with 2 C&C legal houses for rental income or live in one and supplement your monthly mortgage by renting other house out. Each house has own electrical HECO new digital meter. Back house needs extensive repairs but definitely worth the sweat equity to maintain legal 2nd dwelling on property. Seller paid for pre-inspection of house for full disclosures. Buyer must conduct own Due Diligence of property condition. Both Houses were rentals for many decades. Survey & Building Permit pkg available to view in supplements. Please Contact your buyer agent today to preview and have lender pre-approval letter &/ cash verification ready. Build or expand your empire today.
Past Activity
  • Feb 17, 2023 Sold for $918,000
  • Dec 27, 2022 In Escrow
  • Dec 19, 2022 Listed at $900,000
Blog
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $616
  • Other Homes Price / ft²
  • Cash vs Financing Buyers
  • Zoning: 05 - R-5 Residential District
  • Flood Zone: Zone X
  • Elementary School: Aliiolani
  • Middle School: Jarrett
  • High School: Kaimuki
  • View: Mountain
  • Furnished: Partial
  • Property Condition: Needs Major Repair,Tear Down
  • Security Features: Key
  • TMK: 1-3-3-40-39-0
  • Tax Assessed Land: $750,800
  • Tax Assessed Improvements: $146,500
  • Tax Assessed Total: $897,300
  • Courtesy: Properties of the Pacific, LLC / (808) 733-2233
  • MLS: 202225867
Good to Know
Palolo real estate takes up the entire valley that's cradled between St. Louis Heights on the west and Wilhelmina Rise on the east, with Waialae Ave as its southern border. Like other valleys in Hawaii, the trip from the entrance to the back areas ends you up in a different climate than the one where you started.

Homes in Palolo's far end get noticeably more rain, often on a daily basis, as well as cooler temperatures. The rest of the valley gets plenty of precipitation as well, which explains the flourishing green growth you can't help noticing. Plant lovers will find this a superb place t  .....
Read more.


The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 28, 2024. Information is deemed reliable but not guaranteed.
Other Palolo Homes
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1634C Palolo Ave
3 Bds | 1 Ba
864 ft²
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1989 9th Ave
3 Bds | 2 Ba
880 ft²
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2115 10th Ave
2 Bds | 1 Ba
600 ft²
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1513 Palolo Ave
3 Bds | 2 Ba
2,880 ft²
Other Honolulu Homes
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1379 13th Ave
3 Bds | 2 Ba
1,400 ft²
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2618 Peter St
3 Bds | 2 Ba
915 ft²
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2249 Makanani Dr
3 Bds | 1.5 Ba
1,046 ft²
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2011 Kalihi St
3 Bds | 2 Ba
1,104 ft²
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2182 Makanani Dr
3 Bds | 2 Ba
1,067 ft²
  • Sold 2/17/23 at $918,000
    (List Price: $900,000)
Description
Fab Opportunity to Restore. Cool 2 legal dwellings in Honolulu under $1 million. Need Savvy & financially Strong Buyer with renovation experience to rehab houses. Front house sparks 1935 vintage charm with inviting classic look. Back house, built with C&C permit in 1959, is Grandfathered-In. Back house is Non-Conforming to current zoning code R-5. Ideal with 2 C&C legal houses for rental income or live in one and supplement your monthly mortgage by renting other house out. Each house has own electrical HECO new digital meter. Back house needs extensive repairs but definitely worth the sweat equity to maintain legal 2nd dwelling on property. Seller paid for pre-inspection of house for full disclosures. Buyer must conduct own Due Diligence of property condition. Both Houses were rentals for many decades. Survey & Building Permit pkg available to view in supplements. Please Contact your buyer agent today to preview and have lender pre-approval letter &/ cash verification ready. Build or expand your empire today.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 28, 2024. Information is deemed reliable but not guaranteed.
    • Feb 17, 2023 Sold for $918,000
    • Dec 27, 2022 In Escrow
    • Dec 19, 2022 Listed at $900,000
    Palolo real estate takes up the entire valley that's cradled between St. Louis Heights on the west and Wilhelmina Rise on the east, with Waialae Ave as its southern border. Like other valleys in Hawaii, the trip from the entrance to the back areas ends you up in a different climate than the one where you started.

    Homes in Palolo's far end get noticeably more rain, often on a daily basis, as well as cooler temperatures. The rest of the valley gets plenty of precipitation as well, which explains the flourishing green growth you can't help noticing. Plant lovers will find this a superb place t  .....
    Read more.


    Other Palolo Homes
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    1634C Palolo Ave
    3 Bds | 1 Ba
    864 ft²
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    1989 9th Ave
    3 Bds | 2 Ba
    880 ft²
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    2115 10th Ave
    2 Bds | 1 Ba
    600 ft²
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    1513 Palolo Ave
    3 Bds | 2 Ba
    2,880 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.