5 months on rocket

1365 Kalanianaole St, Hilo, HI, 96720

$4,975,000

52 Bedrooms
28 Full Baths
18,810 SqFt
$264/SqFt
Multi

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
ParkingCovered, Attached
Year Built1973
MLS #711071
StatusActive

About 1365 Kalanianaole St

28 Unit apartment complex, 24 two bedroom, 4 one-bedroom units. Units renovated in 2018, granite countertops, new flooring, fresh paint inside and out, solid building with good income. Newer roof. Laundry room on lower level. Three floors, first floor is parking, second and third floor are apartments. Great location for those who enjoy the ocean and beaches close by. Just minutes from downtown Hilo for shopping and eating at the local restaurants. Current annual rental income is over $500k

Property Details

Property Features

Property Information:

  • Year Built: 1973
  • Living Area: 18,810 SqFt

Listing Office:

  • Office Name: Property Professionals Hawaii LLC.
  • Office Phone: (808) 430-6779

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 28
  • Total Bedroom Count: 52

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Covered, Attached

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,975,000
  • Price Per SqFt: $264/SqFt

Tax Information:

  • Annual Amount: $26,896
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Hilo, HI.

Med. List Price

$599.9K

Med. Price/SqFt

$414

Avg. Days On Market

182

# of Sold Homes

3

1365 Kalanianaole St vs Hilo

175 DAYS ON ROCKET

-7 Days

$4,975,000

+$4.3M More

$264/SqFt

-$150 Less

KEY TAKEAWAY

This property is $4.3M more than the Median List Price and $150/SqFt less than other homes in Hilo, HI.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #711071

Listing Office:

  • Office Name: Property Professionals Hawaii LLC.
  • Office Phone: (808) 430-6779

IDX © 2024 MLS Hawaii, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.

Those properties marked with Hawaii Information Service's icon are provided courtesy of Hawaii Information Service Multiple Listing Service™ system. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/19/2024, 9:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 31, 2018Home Sold
$3,264,000

Tax History

YEARPROP. TAXASSESSMENT
2021$26,896$2,298,800
2020$32,739$2,834,600
2019$200$2,689,300
2018$200$1,143,100
2017$200$1,158,300

History based on county public records data.

Payment Calculator

$24.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$14.9K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-999184
6
/10
  • Keaukaha Elementary School

  • 240 Desha Ave

  • 0.51 miles

  • Public District Grades PK-6

school-card-donut-999185
4
/10
  • Chiefess Kapiolani Elementary School

  • 966 Kilauea Ave

  • 2.87 miles

  • Public District Grades PK-6

school-card-donut-999186
7
/10
  • Hilo Union Elementary School

  • 506 Waianuenue Ave

  • 3.44 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,865. The most common annual income of people living in Hilo, HI is less than $35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Hilo, HI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Hilo, HI?

Hilo offers a diverse range of housing options, from charming bungalows to spacious contemporary homes. The housing landscape is characterized by a mix of single-family residences and multi-family units, with single-family homes making up a significant portion of the market. Architectural styles reflect the island's unique cultural blend, with influences ranging from plantation-style to modern Pacific designs. The area has seen a range of development periods, with many homes dating back to the mid-20th century, providing a sense of historical charm.

Is Hilo, HI a good place to live?

Hilo is celebrated for its laid-back atmosphere and rich cultural heritage. The community prides itself on its strong ties to native Hawaiian traditions and the spirit of Aloha. Residents and visitors alike enjoy the town's vibrant festivals, including the renowned Merrie Monarch Hula Festival, which showcases the island's deep cultural roots and artistic expression. The area's natural beauty, with its lush landscapes and nearby waterfalls, contributes to a serene and inviting community character.

Are things conveniently located in Hilo, HI?

The community is served by a network of public and private educational institutions, ensuring a range of options for families. Healthcare services are available through local clinics and the Hilo Medical Center, which provides comprehensive care including emergency services. The public library system supports the town's educational and cultural needs. Retail and dining establishments offer a taste of local flavors and crafts, reflecting the diverse cultural influences of Hilo. City initiatives aim to maintain and improve these services to accommodate the needs of a growing population.

What does the transportation in Hilo, HI look like?

Transportation in Hilo includes a public bus system that connects residents to key areas within the town and surrounding regions. While schedules vary, the bus service provides a reliable option for those without private vehicles. The area is moderately walkable, particularly in the downtown district, where shops and restaurants are concentrated. For longer distances, a network of roads and highways connects Hilo to other parts of the Big Island, and the Hilo International Airport facilitates air travel. Ride-sharing services are available, complementing the existing transportation options.
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Rocket HomesHawaiiHawaii CountyHilo967201365 Kalanianaole St

This home is located at 1365 Kalanianaole St in Hilo, HI and zip code 96720. This 18,810 square foot home was built in 1973. Features: 52 bedrooms, 28 bathrooms. It has been listed on Rocket Homes since May 27, 2024 and is currently priced at $4,975,000.

In October 2024 in Hilo, HI there were 17.4% more homes for sale than in September 2024. In October 2024 median list price was $599,900 and the average listing age was 182 days.

From Rocket Homes Real Estate and based on county public records data.

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