Hilo, HI 96720,1303 KALANIANAOLE ST #1-12
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Hilo, HI 96720,1303 KALANIANAOLE ST #1-12
Hilo, HI 96720,1303 KALANIANAOLE ST #1-12
Hilo, HI 96720,1303 KALANIANAOLE ST #1-12
Hilo, HI 96720,1303 KALANIANAOLE ST #1-12
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$ 2,599,000
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1303 KALANIANAOLE ST #1-12 Hilo, HI 96720

12 Beds

12 Baths

3,876 SqFt


UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 3,876 sqft

Price per Sqft $670

Subdivision Keokea Houselots

MLS Listing ID 724411

Bedrooms 12

Full Baths 12

HOA Y/N No

Year Built 1966

Tax Year 2025

Lot Size 8,492 Sqft

Property Sub-Type Condominium

Source Hawaii Information Service

Land Area 8492

Property Description

Tremendous opportunity to invest in a rarely available multi-unit vacation rental property just a block from the shoreline and beach. This 12 condo unit (CPR) property offers multiple opportunities. Currently there are 10 STVR permits in place with 6 units being utilized as short term rentals and the reminder 4 have long-term tenants.
BUYERS MUST BE PREQUALIFIED PRIOR TO SETTING UP SHOWINGS
Features and summary:
- Sale includes 12 CPR units
- 6 studio units upstairs/6 studio units downstairs
- 10 STVR permits (maximum) in place
- 6 units being utilized as STVRs/4 used as longterm rentals
- Split AC in the 6 STVR studio rentals.
- The 4 long-term units have not been renovated
- 1 unit being utilized as office and laundry
- 1 unit utilized as expansion to create double space rental for parties of 4
- Property serviced by sewer
- Recent survey and report available
- 6 active STVR units sold turnkey furnished
- Propane tank on site.

*One of the partners hold a real estate license in the State of California.
*Artwork and Photographs on walls are excluded from sale and available to purchase on a separate bill of sale.

Location

State HI

County Hawaii Island (big Island)

Community Keokea Houselots

Area Hi

Building/Complex Name Plumeria Apartments

Zoning V-.75

Region South Hilo

City Region South Hilo

Interior

Appliance Microwave, Refrigerator, Washer/Dryer Stacked

Exterior

Parking Features Unassigned

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Connected

View Y/N No

Topography Fairly Level

Garage No

Private Pool No

Building

Lot Description Corner Lot

Unit Features Multi-Story,Walk-Up

Entry Level Two

Others

Ownership CPR

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Fee Simple, Standard


Hawaii Information Service (HIS)
Listed by COMPASS
Chloe Marino

Chloe Marino

Agent | License ID: RS-82751

+1(808) 745-5255

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1303 KALANIANAOLE ST #1-12