$3,315,000
SOLD NOV 25, 2022

54 Maluniu Ave Kailua, HI 96734

-- Bed
-- Bath
6,507 Sq Ft
5,610 Sq Ft Lot

Recently Sold

$509 Per Sq Ft

5% Below List Price

52 Days on Market

About This Home

As of November 2022

Diamond in the rough! Available for the first time in decades, this incredible property includes both residential and commercial space in the heart of Kailua Town! This building has 10 1-bedroom units and a large commercial space with 2 half bathrooms, an office/storage room, and 7 parking stalls. Fantastic location near municipal parking and surrounded by restaurants, shops, and medical offices. It needs complete restoration but imagine the possibilities and legacy this building offers. See it now before it's gone!

Last Agent to Sell the Property

Scott Adams

BHGRE Advantage Realty License #RS-66472 Listed on: 07/16/2022

BHGRE Advantage Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,192

Year Built

  • Built in 1965

Lot Details

  • 5,610 Sq Ft Lot
  • Level Lot
  • Cleared Lot
  • Property is in good condition

Home Design

  • Repairs Needed

Interior Spaces

  • 6,507 Sq Ft Home
  • 3-Story Property

Parking

  • 7 Parking Spaces
  • Covered Parking
  • Open Parking

Schools

  • Kailua Elementary And Middle School
  • Kalaheo High School

Utilities

  • Internet Available
  • Cable TV Available

Community Details

  • 11 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,192

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Fill Sq Ft Total: 6507
  • Stories Type: Three
  • Year Built: 1965
  • Attribution Contact: (808) 261-1800
  • Special Features: None
  • Stories: 3

Interior Features

  • Amenities: None

Exterior Features

  • Construction Type: Above Ground, Hollow Tile
  • Easements: None
  • Flood Zone: Zone X
  • Lot Features: Clear
  • Property Condition: Fair, Needs Major Repair
  • Topography: Level
  • View: None

Garage/Parking

  • Parking Features: Covered, Open
  • Total Parking Spaces: 7

Utilities

  • Utilities: Cable, Internet, Overhead Electricity, Public Water
  • Sewer: Connected

Schools

  • Elementary School: Kailua
  • Middle School: Kailua
  • High School: Kalaheo
  • Elementary School: Kailua
  • High School: Kalaheo
  • Middle Or Junior School: Kailua

Multi Family

  • Number Of Units Total: 11

Tax Info

  • Tax Annual Amount: 24192.00

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 For Sale $5,890,000 +77.7% $905 / Sq Ft
11/28/2022 11/28/22 Off Market $3,315,000 -- --
11/25/2022 11/25/22 Sold $3,315,000 -5.2% $509 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
08/29/2022 08/29/22 For Sale $3,495,000 0.0% $537 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/16/2022 07/16/22 For Sale $3,495,000 -- $537 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $27,845 $2,267,900 $1,458,600 $809,300
2024 $27,845 $2,245,600 $1,458,600 $787,000
2023 $24,147 $1,947,300 $1,430,600 $516,700
2022 $23,833 $1,922,000 $1,430,600 $491,400
2021 $24,204 $1,951,900 $1,430,600 $521,300
2020 $24,532 $1,978,400 $1,430,600 $547,800
2019 $24,334 $1,962,400 $1,402,500 $559,900
2018 $20,808 $1,678,100 $1,122,000 $556,100
2017 $18,609 $1,500,700 $813,500 $687,200
2016 $16,356 $1,319,000 $645,200 $673,800
2015 $14,416 $1,162,600 $504,900 $657,700
2014 -- $1,159,000 $504,900 $654,100
Source: Public Records

Agents Affiliated with this Home

  • Michael Okamoto

    Seller's Agent in 2025

    Michael Okamoto

    Standard Management LLC

    (808) 208-8106

    1 in this area

    12 Total Sales

    Michael Okamoto
    Section Image
  • Scott Adams

    Seller's Agent in 2022

    Scott Adams

    BHGRE Advantage Realty

    (808) 779-5135

    19 in this area

    78 Total Sales

    Scott Adams
    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202213661

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-031-027-0000

Hawaii Honolulu County Kailua 96734

54 Maluniu Ave, Kailua, HI

This home is located at 54 Maluniu Ave, Kailua, HI 96734 and is currently priced at $3,315,000, approximately $509 per square foot. This property was built in 1965. 54 Maluniu Ave is a home located in Honolulu County with nearby schools including Kailua Elementary School, Kailua Intermediate School, and Kalaheo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

HiCentral MLS (Honolulu Board of REALTORS®) Some of the active listings appearing on this site may be listed by other REALTORS(R). If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd

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