411 Olomana Street
Kailua, HI, 96734
Exceptional income-producing property in the highly sought-after Coconut Grove Beach community of Kailua. This renovated multi-unit property generates approximately $14,475 per month in gross rental income and features updated kitchens, modern bathrooms, luxury vinyl flooring, and stylish turnkey interiors throughout. Bedroom and bathroom count differ from tax records. Located just moments from Kailua Beach, this property is an easy bike ride to Kalama Beach Park, Kailua Town’s vibrant shopping and dining scene, and a quick drive to world-renowned Lanikai Beach. The property benefits from strong rental demand in one of Oahu’s premier beach communities. Ample parking, attractive living spaces, and a desirable location make this an outstanding opportunity for investors, 1031 exchange buyers, or owner-occupants seeking supplemental income. Strong cash flow, quality improvements, and an unbeatable Kailua location create a rare investment opportunity. No showings till first open house this Sunday 06/07/2026 2:00-5:00pm
Property Type
Single Family
Status
active
Tax Assessed Value
$1,526,900
83% of list price
Annual Property Tax
$8,611/year
$718/month
Original List Price
$1,849,000
↓ $0 reduction
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