Apartments for sale in honolulu
Kahala Beach Apartments Building Information
- Address: 4999 Kahala Ave.
- Sub-Property Type: Condo
- Land Tenure: Leasehold
- Lessor: Bishop Estate
- Lease Expiration: 2027
- Land Square Feet: 291,024
- Year Built: 1967
- # of Units: 196
- Type: 1, 2, 3 and 4 Bedroom
- Stories: 4
- Elevators: 4
The Kahala Beach Apartments sit on one of the most valuable strips of real estate in Hawaii. It doesn't get much better than oceanfront in Kahala. This is where Jack Lord had his personal condo during the glory days of Hawaii Five-O.
You may ask yourself, then why are they so inexpensive? Since these units are leasehold and the lease expires in 2027, the landowner
realizes its inherent value and does not want to sell or extend the lease. In addition, since banks won't finance the project due to the length of the lease, buyers must pay cash. Even when you do pay cash (and have not mortgage), the carrying costs are over $3500/mo. for the 2 bed, 2 bath units, which includes the lease rent to the landowner, maintenance fees and property taxes. Those that buy here are strictly looking for "lifestyle" and not so much a sound "investment".
Below you'll find all the active listings (if any) available at the Kahala Beach Apartments. To your right, you'll find all Kahala condo projects. If you can't find what you're looking for or if you own a unit at the Kahala Beach Apartments and want to know what it's worth, feel free to contact me for more information.