77-6512 Sea View Cir - Residential Income FOR SALE


Kailua Kona, HI 96740
$1,200,000 USD
503-667-4425
77-6512 Sea View Cir, Kailua Kona, HI for Sale
$1,200,000 USD
Residential Income - FOR SALE
1/16
null | Request Cap Rate

77-6512 Sea View Cir
Kailua Kona, HI 96740


OVERVIEW

While this property can still be used as a single-family or multigenerational residence (and is being listed as such), it is marketed primarily to investors as a rental/investment property, and the listing price is based on an anticipated income approach. This house has been updated for MAXIMUM rental return. It has been divided into a central section with a private/gated driveway and a covered carport, two bedrooms, and 1.5 bathrooms, a living room with acoustic sound-dampening tiles, a kitchen, dining room, lanai, office, a walk-in cedar-lined closet with a stacked washer/dryer, as well as two studio rentals. Each studio has a new kitchenette and direct/private access, with the front having its own gated driveway, covered carport, and lanai. The front studio also has acoustic wall panels for privacy and has its own kitchenette and bath with walk-in shower. The back studio has a new kitchenette and a “permit-ready” bathroom (permit acquisition and completion of the bathroom are left to the purchaser), with toilet and shower kit included. Both studios have access to a shared, outside laundry with a newer washer and dryer. The house has an underground power supply, all appliances, and a reverse osmosis water supply system in the central kitchen with new ceiling fans, flooring, carpet, paint, and wall treatments throughout. The main sewer lines have been replaced, and the old lines have been brought up to code. The wiring has been updated to code, and a brand-new 100 Amp breaker box with expandable circuits has been installed. The roof has been painted with 2 coats of DTM (direct-to-metal) paint. There is a storage shed and outdoor hot-tub on the property. The property was tented for termites in April 2025 with a 3-year warranty included. The cesspool has been inspected and is dry and in excellent condition. For video tour: https://www.dropbox.com/scl/fi/b7yus5v61wdia4960cvqk/20251125_135828.mp4?rlkey=nxksz79dk2w3iuezqzclom92p&st=b5nocxmv&dl=0

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$748 USD /SF

CAP RATE

Request Cap Rate

% LEASED

0%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

RS-7.5

APN/PARCEL ID

3-7-7-016-033-0000

ASK ABOUT THIS PROPERTY

John SchragThe Schrag CompanyMore Info
503-667-4425

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John SchragThe Schrag CompanyMore Info
503-667-4425

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.