18 LOULU LN $380,000


    18 LOULU LN HILO, HI 96720

    SOLD 12/2/2019


    • 6 Beds
    • 3 Baths
    • 1,900 sq. ft.
    • Multi-Family
    • MLS# 632414
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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
      • Location 18
      • Taxes Annual $485
      • Year Built Maximum 1953
      • Year Built Minimum 1953
    • Building Features
      • Appliances Refrigerator, Range/Oven
      • Full Bathrooms 3
      • Half Bathrooms 0
      • One-Qtr Bathrooms 0
      • Three-Qtr Bathrooms 0
      • TV Availability Cable
      • Interior Area Total 1,900
      • Pool N
      • Telephone Availability Cable, Cell, Land Line
      • Washer Dryer Dryer, Washer
    • Property Features
      • Land Area 4,350
      • Land Tenure Fee Simple
      • Wastewater Sewer-Connected
      • Water Municipal
      • Oceanfront Parcel N
      • Power Overhead
      • Roads County, Paved
      • Solid Waste Disposal Trash None


    96720 (HILO) Demographics

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

    Market Last 30 Days In This Postal Code

    $365,000 Median Sales Price
    15 Homes Sold
    22 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        12/2/2019 8:00:00 AM Sold Source New Value: $380,000
        Based on information from MLS Hawaii, Inc. d/b/a Hawaii Information Service, listings last updated on 7/14/2020 6:55:28 AM. 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.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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