Hawaii Living

918 8th Ave (Kaimuki)

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918 8th Ave, Honolulu
This property was sold February 08, 2021 for $1,425,000
Description
Welcome to an investor’s dream in the highly desirable neighborhood of Kaimuki. Whether you keep this lot as is with 3 homes that could generate rental income or develop the lot, the possibilities are endless. If you're looking for a large lot in town with the potential to CPR, this could be for you. Imagine developing a large, flat lot in Kaimuki that your family could live on for generations or live in one and rent the others to help pay your mortgage. Develop this rare lot as a genuine real estate investment and realize the cash flow and appreciation that your family will enjoy. Mature mango and lychee fruit trees add to the local character of the lot. Convenient freeway access east- or west-bound make it an ideal location for residents and/or renters.
Past Activity
  • Feb 08, 2021 Sold @ $1.425M
  • Jan 04, 2021 In Escrow
  • Dec 11, 2020 Listed @ $1.38M
More Details
  • Price / Interior Sf: $672
  • Owner, Tax & Resale History: Click here
  • Zoning: 05 - R-5 Residential District
  • View: Mountain
  • Flood Zone: Zone X
  • TMK: 1-3-2-17-47-0
  • Tax Assessed Land: $1,033,400
  • Tax Assessed Improvements: $249,300
  • Tax Assessed Total: $1,282,700
  • Courtesy: Keller Williams Honolulu
  • MLS: 202030382
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 04, 2021. Information is deemed reliable but not guaranteed.
About Kaimuki
See this aerial video of Kaimuki homes.

Kaimuki - the neighborhood where world-famous Hawaiian musician Iz grew up - is conveniently located on the mauka (mountain) side of Diamond Head Crater with Kapahulu to the west and Kahala to the east. Some of Kaimuki’s perimeter streets include Kapahulu Ave between Waialae Ave and Kaimuki Ave, Kaimuki Ave, 6th Ave, Alohea Ave, Kilauea Ave up to Luawai St, Luawai St, Waialae Ave between 21st Ave and back to Kapahulu Ave.

The gently rolling hills of Kaimuki are filled with predominantly charming older homes, sometimes owned for generations without ever having sold. Kaimuki homes for sale are typically valued between $700,000 to $1.3M, often on relatively modest lots, mostly between 3,000 and 6,000 sq ft.

Insight to Kaimuki Homes & Neighborhood
Most of Kaimuki real estate was built prior to the 1940’s with some as early as the 1910’s. Slowly, one by one, older homes in Kaimuki are giving way to new construction scattere  ....click here to read more

Sold 2/8/21 at

$1,425,000

(List Price: $1,380,000)

Living

2,055 sqft

Baths

4

Beds

6

 
 
    Description
    Welcome to an investor’s dream in the highly desirable neighborhood of Kaimuki. Whether you keep this lot as is with 3 homes that could generate rental income or develop the lot, the possibilities are endless. If you're looking for a large lot in town with the potential to CPR, this could be for you. Imagine developing a large, flat lot in Kaimuki that your family could live on for generations or live in one and rent the others to help pay your mortgage. Develop this rare lot as a genuine real estate investment and realize the cash flow and appreciation that your family will enjoy. Mature mango and lychee fruit trees add to the local character of the lot. Convenient freeway access east- or west-bound make it an ideal location for residents and/or renters.
      The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 04, 2021. Information is deemed reliable but not guaranteed.
      • Feb 08, 2021 Sold @ $1.425M
      • Jan 04, 2021 In Escrow
      • Dec 11, 2020 Listed @ $1.38M
      See this aerial video of Kaimuki homes.

      Kaimuki - the neighborhood where world-famous Hawaiian musician Iz grew up - is conveniently located on the mauka (mountain) side of Diamond Head Crater with Kapahulu to the west and Kahala to the east. Some of Kaimuki’s perimeter streets include Kapahulu Ave between Waialae Ave and Kaimuki Ave, Kaimuki Ave, 6th Ave, Alohea Ave, Kilauea Ave up to Luawai St, Luawai St, Waialae Ave between 21st Ave and back to Kapahulu Ave.

      The gently rolling hills of Kaimuki are filled with predominantly charming older homes, sometimes owned for generations without ever having sold. Kaimuki homes for sale are typically valued between $700,000 to $1.3M, often on relatively modest lots, mostly between 3,000 and 6,000 sq ft.

      Insight to Kaimuki Homes & Neighborhood
      Most of Kaimuki real estate was built prior to the 1940’s with some as early as the 1910’s. Slowly, one by one, older homes in Kaimuki are giving way to new construction scattere  ....click here to read more
       
      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 more about Oahu property taxes here.