Rare Manoa Valley opportunity! Two detached dwellings on a 29, 564 sq. ft. upslope, wooded lot zoned R-7.5. The front home (2884 Komaia Pl) is a spacious 4BR/2BA two-story residence (approx. 1, 574 sf, built 1931/updated 1972) currently rented for $4, 000/month with one year left on the lease. A short walk uphill leads to the second dwelling, a 2BR/1BA single-level cottage (approx. 988 sf, built 1962) on month-to-month tenancy. Both homes feature wood frame construction, covered lanais, and serene valley views. Kitchens have been updated with granite counters and modern finishes. Current combined rents of approx. $6, 350/month provide strong income potentialideal for multi-generational use or investment. Property includes interest in a shared driveway easement and parking for 4 vehicles. Not a CPR; both dwellings are on one TMK. Private, lush setting just minutes from town. To be conveyed in As-Is condition. Buyer to verify all information. Appointment only; do not disturb occupants.
Property Features
Bathrooms
Appliances
Interior Features
- Furnished Description: Unfurnished
Land Info
- Lot Description: Interior Lot, Irregular Lot, Wooded
- Lot Size Acres: 0.6786961
- Topography: Rolling, Sloping
- Lot Size Square Feet: 29564
Garage and Parking
- Open Parking: Yes
- Parking Features: Covered, Open
- Parking Total: 4
Home Features
- View: City, Mountain(s), Sunrise
School Information
- Elementary School: Manoa
- High School: Roosevelt
- Middle School: Stevenson
Homeowners Association
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
Multi-Unit Info
Rental Info
- Tenant Pays: Air Conditioning, Cable TV, Electricity, Water
Other Property Info
- Annual Tax Amount: 15240.00
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: MANOA AREA
- Parcel Number: 1-2-9-017-011-0000
- Postal City: Honolulu
- Subdivision: MANOA AREA
- Zoning Description: 04 - R-7.5 Residential District
- Property Subtype: Multi Family
- Source System Name: C2C
Commercial Info
- Net Operating Income: 35200
- Operating Expense: 41000
- Operating Expense Includes: Insurance, Manager, Maintenance, Real Estate Tax
Building and Construction
- Year Built: 1962
- Building Area Total: 2562
- Construction Materials: Double Wall, Single Wall, Wood Frame
- Levels: Two
- Property Age: 63
- Property Condition: Good Condition
- Levels or Stories: 2
- Structure Type: Multi Family
- Total Area Sqft: 2562
- Year Built Effective: 1972
Utilities
- Sewer: Connected
- Above Ground Utilities
- Cable Available
- Electricity Available
- High Speed Internet Available
- Sewer Available
- Water Available
- Sewer Connected
- Water Source: Public