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SOLD
MLS: 202206193
 
Asking Price: $1,550,000 FS - Fee Simple
Sold Price: $1,448,000
Sold Date: 08/09/2022
Type: Residential
District: Pearl City
Address: 1717 Hoolaulea Street, Pearl City, HI
Neighborhood: Pearl City-upper
Beds: 8   Baths: 5
Living Area: 3,932 SF
Style: Detach Single Family,Multiple Dwellings
Land Area: 12,327 SF
View: Mountain
Pool:
Parking: 3 Car+,Carport,Street
Amenities: Bedroom on 1st Floor,Full Bath on 1st Floor,Landscaped,Patio/Deck
Days on Market: 727
Year Built: 1969
Easements: Electric
Zoning: 05 - R-5 Residential District
Land Recorded: Land Court
Property Taxes: $284
Assessed Value: $1,199,100,.00
Assessed Ratio: 129.26%
Listing Courtesy: Locations LLC
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High income ($6,600/mo) with nearly $400k in upgrades! Property with tremendous potential for improvement and rent growth or multi-generational owner occupancy. Front residence is 3 bedrooms 2 baths ($2,350/mo), back residence is 3 bedrooms 2 baths ($2,450/mo), and downstairs ADU is 2 bedrooms 1 bath ($1,800/mo) with separate entrance and a huge, covered deck to relax and enjoy the scenery. Bedrooms and baths may not agree with tax records. All photos taken prior to tenant occupancy. The large downslope lot is waiting for your creative use and, since there’s no neighbor close by on the back boundary, a tranquil feeling of openness and privacy is yours to enjoy. Great value: priced below the average sold price per square foot of interior living area and almost double the average land size in popular Momilani. Lots of street parking with curbs and sidewalks (not all areas of Momilani have these). Taxes based on 2021 assessed value. Capture this rare and unique opportunity to own a special property located in a desirable, high demand neighborhood.


 
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