4517 KALA RD,  Kekaha  (96752)

$2,890,000

29 bedrooms 29   16 bathrooms 16   6930 square feet 6,930
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PROPERTY DETAILS

Address: view address
Kekaha, HI 96752
Map Location
Bedrooms: 29
Bathrooms:16 (full: 15, half: 1)Square Feet:6,930 sq.ft.
Lot Size:0.68 acresYear Built:1976
Property Type:Multi-FamilyNeighborhood:Kekaha House Lots
County:KAUAIList Date:2020-08-12
Listing Number:641485

MLS 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.






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Interior

Carpet:YesDishwasher:Yes
Range/Oven:YesRefrigerator:Yes

Property and Lot Details

Lot Acres:1Lot Size:29,740
Lot Zoned:OSubdivision:KEKAHA HOUSE LOTS
Taxes:13,189Transaction Type:Sale
Year Built:1976

PHOTO GALLERY

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Listing courtesy of: Patrick M McLean of Pacific Real Estate Services, LLC