18 LOULU LN $400,000


    18 LOULU LN HILO, HI 96720

    • 6 Beds
    • 3 Baths
    • 1,900 sq.ft.
    • Single Family
    MLS# 632414 | Active
    Days On Market: 9 3 Views
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    Property Details

    Location, location, location. Downtown Hilo duplex off Ponahawai Street on Loulu Lane is a property that any investor or savy homeowner will immediately see the value and potential. On the upper level, you have 2 - 2 bedroom/1 bath units. This legal duplex are mirror images of each other but yet has its own charm. 18 (Front Unit - 2 bedroom/1 bath): Gas stove; stainless steel refrigerator; carpet in bedrooms; laminate floors, stacked washer/dryer. Appliances, carpet, interior painting were all replaced/done within the past 2+ years. 18A (Back Unit - 2 bedroom/1 bath): Gas stove; stainless steel refrigerator; Pergo laminate flooring throughout; Stacked Washer/Dryer. Appliances and interior painting were replaced/done within the past 2+ years. Downstairs Unit (close to 800 sf - 2 bedroom/1bath): Refrigerator, Washer/Dryer. Downstairs was tastefully enclosed and made into a very cozy space. 2 nice size bedrooms and spaces where you can hang out. Built in seating areas and a built in bookshelf add to the maximum utilization of space. Careful thought was put into insulation to reduce sound from the upstairs units. But the upgrades are more than just paint and appliances as work was done on the home itself to reduce its carbon footprint and being able to reduce monthly expenses. ** Photo voltaic (PV) system was added in 2011 (each duplex unit is separately metered with its own contract) ** Solar Hot Water heater added in 2014 which services the whole home. ** Separate gas meters for each unit ** Most of the water lines upgraded in 2014 to PEX. ** Electric service upgraded in 2010 including most of the wiring ** Roof repainted in 2017 with Gaco Roof Coating. ** Bonus Outback off grid solar generator with battery storage. Six panels (on carport) powers this unit which can be used for unforeseeable emergencies. Lots of opportunities and possibilities for this prime property in a prime location.

    • General Features
      • Subdivision Upa Tract
      • Location 18 LOULU LN
      • Land Tenure Fee Simple
      • Interior Area Total 1,900
      • Full Bathrooms 3
      • Three-Qtr Bathrooms 0
      • Half Bathrooms 0
      • One-Qtr Bathrooms 0
      • Pool N
      • Oceanfront Parcel N
      • Unit Description Duplex
      • Taxes Annual $485
    • Building Features
      • Floor Covering Carpet, Laminate
      • Appliances Refrigerator, Range/Oven
      • Washer Dryer Dryer, Stacked Washer/Dryer, Washer
      • Window Coverings Other (remarks)
      • Telephone Availability Cable, Cell, Land Line
      • TvV Availability Cable
    • Property Features
      • Land Area 4,350
      • Roads County, Paved
      • Parking Description Detached
      • Carport Area Total 448
      • Water Municipal
      • Wastewater Sewer-Connected
      • Solid Waste Disposal Trash None
      • Power Gas, Overhead, Solar/Photovoltaic



    96720 (HILO) Demographics

    41Median Age
    161Population Density (per sq. mile)
    42%College Educated
    $55,389 Estimated Median Income
    10,484Estimated Total Home Owners
    6,176Estimated Total Renters
    63% / 37%Estimated Owner / Renter Divide
    4Estimated Average Household Size
    48,182Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $350,000 Median Sales Price
    27 Homes Sold
    37 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $400,000
        10/11/2019 3:49:00 AM New in Database Source

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        Based on information from MLS Hawaii, Inc. d/b/a Hawaii Information Service, listings last updated on 10/20/2019 7:49:43 PM. All information is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use.

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        Cheryl Dillon, RB-18551, James W. Wright, RB-16206, 1-800-735-2100