3316 Campbell Avenue, Honolulu, HI 96815

$2,400,000

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Sold Price
$2,400,000
List Price
$2,460,000
Status
CLOSED
Type
Multifamily
MLS#
202320785
Days on Market
49
Closing Date
Oct 27, 2023
Land Area
6,914
Year Built
1949
Property Type
Residential
Neighborhood
Kapahulu
Land Tenure
FS - Fee Simple

Property Description

Rarely available opportunity in Kapahulu! Priced attractively at tax-assessed value. B-2 Zoned with 3 structures & 4 units: a 957 sf Retail Shop, a 780 sf 2/1 Single Family Home, and a 1,276 sf Duplex with two 638 sf 2/1 units. Two carports with a total of 5 parking, plus street parking. Ready to go with 5 electrical meters. Super convenient and desirable location only 0.9 miles to the closest freeway onramp, and 0.9 miles to "walls" at world famous Waikiki Beach, plus a plethora of eateries in the immediate area. All units are vacant except for Duplex A; tenant will vacate at closing. Make use of the property quickly with a few repairs, make some upgrades for increased revenue, or explore the option to redevelop affordable rental units under Bill 7 to maximize the property’s highest & best use. Historical income numbers are below market, as family has lived in 2 units rent-free for years, leaving you plenty of upside. Property is being sold Strictly As-Is. Bath count (3.5) does not match city records (3). Structures have deferred maintenance, buyers to conduct their own due diligence. Please do not disturb tenants. Act quickly. Don’t miss your chance to own this amazing property!

Additional Information

Island
Oahu
Utilities
Cable Available, High Speed Internet Available, Sewer Available, Water Available, Sewer Connected
View
Mountain(s)
Lot Size
6,914
Construction Materials
Concrete, Single Wall
Neighborhood
Kapahulu
Year Built
1949
Sewer
Connected
Parking Features
Covered, Open
Lot Features
Cleared, Corner Lot, Level
Stories
1
Assessed Total
2460000
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Honolulu. Selling Office: OahuRE.com.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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