| Description | Investor/contractor ready at this exceptional location zoned A-2. Eight units totaling 11 bedrooms in 2 buildings sold below appraised value. Front building features ground level 2 x 1BD/1BA + upstairs 1 x 2BD/1BA. Rear building features ground level 3 x 1BD/1BA + upstairs 2 x 2BD/1BA. Outdoor covered area between 2 buildings could be configured for higher use. Separate meters for electric & gas, with 2 parking in front plus 3 tandem parking at the side. Pro forma assumes current rental with some general repairs. Excellent additional income potential with targeted improvements. Property sold in “As Is” condition to cash buyer only. Buyer to conduct own due diligence and seller will not credit or repair any items. See supplements for building sketch and pro forma. Do not enter the property but drive-by’s are welcome. First showing is Feb 7, please pre-register in SentriKey or ShowingTime. |
|---|---|
| Status | Sold since 01-31-2025 |
| MLS# | 202503021 |
| Price | $1,700,000 |
| Original Price | $1,700,000 |
| Price Change | (0.00%) |
| Studio Units | 0 |
| One Bed Units | 5 |
| Two Bed Units | 3 |
| Three Bed Units | 0 |
| Living Sq Ft | 4,240 |
| Land Sq Ft | 6,000 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 718 Kamuela Avenue Honolulu HI 96816 |
| Region | Metro |
| Neighborhood | Kapahulu |
| Days on Market | 13 |
| Year Built | 1950 |
| Condition | Needs Major Repair |
| View | None |
| Parking | Assigned, Open, Tandem |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone X |
| Tax Amount | $509 |
| Assessed Land | $1,610,000 |
| Assessed Building | $134,100 |
| Assessed Total | $1,744,100 |
| Assessed Ratio | 97% |
| Utilities | Cable, Overhead Electricity, Public Water |
| Construction | Above Ground, Concrete, Masonry/Stucco |
| Lot Features | Clear |
| Disclosures | None |
| Land Recorded | Regular System |
| Possession | At Closing, Negotiable |
| Sale Conditions | None |
| Topography | Level |
| Roofing | Asphalt Shingle |
| Easements | None |
| Parcel # | 1-2-7-034-039-0000 |
| Listing courtesy of | Agora Hawaii |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 06-19-2026 | 202607399 | Sold | C | S | $2,475,000 | $2,475,000 | $1,746,300 | $1,610,000 | $136,300 |
| 05-02-2026 | 202607399 | Active Under Contract | A | C | $2,475,000 | $2,475,000 | $1,746,300 | $1,610,000 | $136,300 |
| 04-13-2026 | 202607399 | New Listing | A | $2,475,000 | $2,475,000 | $1,746,300 | $1,610,000 | $136,300 | |
| 03-10-2026 | 202518528 | Cancelled | A | W | $2,680,000 | $0 | $1,746,300 | $1,610,000 | $136,300 |
| 09-25-2025 | 202518528 | Price Decrease | $2,880,000 | $2,680,000 | $2,680,000 | $0 | $1,746,300 | $1,610,000 | $136,300 |
| 08-22-2025 | 202518528 | New Listing | A | $2,680,000 | $0 | $1,746,300 | $1,610,000 | $136,300 | |
| 04-11-2025 | 202503021 | Sold | C | S | $1,700,000 | $1,750,000 | $1,744,100 | $1,610,000 | $134,100 |
| 02-13-2025 | 202503021 | Active Under Contract | A | C | $1,700,000 | $1,750,000 | $1,744,100 | $1,610,000 | $134,100 |
| 01-31-2025 | 202503021 | New Listing | A | $1,700,000 | $1,750,000 | $1,744,100 | $1,610,000 | $134,100 |
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