4517 Kala Rd

Kekaha, HI, 96752

$2,890,000

$417 per ft²
$2,890,000
$417 per ft²
Active
Active
beds
29 Beds
baths
15 Full Baths
carpenters-square
6,930 ft²
property_type
Multi-family
calendar
Built 1976
Irreplaceable Investment Property at the Beach! Located on the west side of ‘The Garden Island’, Kauai. The property is adjacent to the ocean and can never be replicated due to today’s setbacks and development regulations.

Close access to Waimea Canyon / Kokee Park and the Longest White Sand Beach in Hawaii. Spectacular sunsets year round. Employment centers of Pacific Missile Range Facility, Kauai Veteran’s Memorial Hospital, and other Kekaha/Waimea businesses are less than three miles away.

All units have been recently upgraded. Exterior was repainted within the last two years. Exact finishes and unit layout differ slightly from unit to unit. The 3 buildings consist of an SFR with office/storage and garages below, a duplex, and a 10-unit (5 up and 5 down). The SFR is closest to the ocean and would be ideal for owner occupancy. Most units have ocean views.

Recent Covid-19 economic factors have created a few vacancies. Otherwise, the property is generally full. New demand for housing on Kauai with growing needs from local employment centers has this property poised for upside.

The property’s sewer system will require immediate upgrading and the price has been adjusted accordingly.

Property is not a licensed or permitted short term rental.

Please do not disturb tenants and all property access to be made by appointment only.
MLS ID:
641485
Listed:
8/12/20
Updated:
10/28/20
Corcoran Pacific Properties
Sirois Kaua'i

Interior Features

Kitchen Appliances
Dishwasher, Refrigerator, Range/Oven
Total Bedrooms
29
Full Bathrooms
15
Half Bathrooms
1
Floor Description
Carpet

Exterior/Building Features

Lot Size
0.68 acres lot
Sewer
Cesspool

Other Property Details

Area Name
Waimea
Attached Garage
No
Parking
Assigned
County
Kauai
Utilities
Gas, Overhead
Water Source
County, Meter Installed
Pool Description
N
Zoning
O

 

Courtesy of Pacific Real Estate Service, LLC, Patrick M McLean

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Data last updated 8:02 AM UTC, 10/28/20

Corcoran Pacific Properties
Sirois Kaua'i
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