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75-5734 LAMAOKEOLA ST, KAILUA-KONA, HI 96740

Unique investment opportunity to own two buildings in the heart of Kona!

Listing Provided by: COMPASS
MLS #: 716873
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo

Description

***Backup Offers Welcomed***Unique investment opportunity to own two buildings on one lot in a prime location within Kailua-Kona, allowing for walking distance to Kona's many shops, restaurants, grocery stores, and Ali'i Drive! This property offers the unique advantage of being situated on a desirable corner lot, Lamaokeola Street and Alakai Street, providing a sense of space and enhanced privacy with fewer direct neighbors and ample natural light.Each building features vaulted ceilings, plenty of windows, and a layout of three bedrooms and three bathrooms divided into three separate units, each with its own private bathroom. One unit in each building offers a larger floor plan, a bedroom, and a fully permitted kitchen. The other two units are studio-style spaces with a loft. Each unit also has its own lanai, providing a private outdoor area. All units are conveniently accessed from a shared hallway, where a coin-operated washer and dryer are located.The North building features a one-car garage and a larger storage area under the house that has the potential to be converted into a carport area.Interior photos show one vacant unit, but there are three other units that have the same floor plan. Two units have larger floor plans with a bedroom, loft, and a full kitchen (not photoed). The existing tenants would like to stay.No trespassing. Showings by appointment only.- The information herein, though deemed reliable, may contain inaccuracies and is provided without warranty or guarantee of any kind. Agents and Buyers must independently verify any info they deem material or important to their purchase.

Property Details

Price: $1,225,000
Sold Price:
Address: 75-5734 LAMAOKEOLA ST, KAILUA-KONA, HI 96740
Ownership: Full
Status: Contingent
Category: Residential
Type:

Total Bedrooms: 6
Total Bathrooms: 6
Full Baths: 6
Living Area: 2,452 Square Feet

Listed by: COMPASS
Year Built: 1996
Levels:

Features and Amenities

Interior Features: Vaulted Ceilings
Exterior Features: Lightning
View: HIS Sunset, Mountain(s), Ocean
Pool:
Pool Features:

Appliances: Dryer, Range, Refrigerator, Washer
Fireplace Features:
Flooring: Carpet
Security: Smoke Detector(s)
Laundry: Common Area
Garage Spaces:
Carport Spaces:
Parking Features: Attached, Detached
Additional Structures:
Home Warranty:

Community Information

Project Name:
Subdivision Name: LONO - KONA SUBDIVISION
Association Fee: $0 Monthly
Stories:
Year Established:
Lava Zone: 4
Flood Zone: X

Land Information

Lot Size: 8,669 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features: Cleared, Corner Lot
Frontage: a:0:{}
Frontage Type:
Roads: Paved
Roads Frontage Type: HIS Road/Street
Zoning: RD-3.75
Horse Amenities:

Additional Details

Assessed Tax Value: $886,200
Annual Tax: $9,837
Tax Year: 2024
Tax Lot: 64
Tax Block:

Utilities: Electricity Available, Phone Available, Sewer Connected
Cooling:
Heating:
Sewer:
Water:
Solid Waste Disposal: Private Contractor

First Listed January 20, 2025, 10:35 am
Last Updated January 28, 2025, 6:40 pm
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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