2062 Palolo Ave, Honolulu, HI 96816

Great opportunity to build a very private single family home with the potential to build 2 or more units based upon existing R5 zoning. Active Water meter. Property CPR was completed in 2022. CPR docs are available for review. This sale will include both parcels in the CPR labeled A & B in the tax records. CPR lot A was assessed at 729k for 2023 tax purposes. CPR lot B was assessed at 671k for 2023 tax purposes. Yearly Tax on A is $2,351, yearly tax on B was $2,553. Lower portion of lot was recently trimmed to reduce California grass for prospective buyers. Great location, close to town, Kaimuki resturants and shopping, Kahala Mall, easy access to beach and H1. Beautiful community swimming pool, playground, baseball fields, basketball courts across the street. Property is being offered 400k under the assessed value, don't miss out on the incredible opportunity to purchase in town and build the home of your dreams on this unique site close to everything yet tucked away from the street for beautiful views and privacy. Please have all vehicles viewing the property park in the open C&C parking lot across the street off Palolo Ave. No vehicular access on the property please.