Price reduced again! Unbelievable value. This 4 unit property is in the gated kapoho beach lots community. Currently grossing over $5, 000 monthly income. Ocean views from upstairs units. Recent renovations. Two, 2, 464 sq. Ft. Two story homes connected by a covered deck and lower level lanai, the home is currently divided into four units consisting of (2) 3-bedroom / 1 bath downstairs homes and (2) 2-bedroom / 2 bath homes, for a total of 10 bedrooms and 6 bathrooms, all with shower or tub. Front and rear lanais upstairs are an additional 1260 sq. Ft. There are two exterior staircases and each home has an interior staircase for extended families wishing to connect 2 units that sleep up to 10 people. All of the decks and windward sides of the home have recently been painted, electrical outlets updated with gfi's, new kitchen in unit a, new tile floors in unit a, new carpet in unit b, fully furnished turnkey vacation or long-term rentals, some new appliances in unit c and b, interiors completely repainted in 2015. The home also features large, open floor plans, lots of window space, very large kitchens with lots of storage, circular driveway with plenty of parking, lawn and garden space, mature palm trees, quiet location, ocean view, outdoor shower, walk-in closets, and more. Kapoho beach lots is a special community known the world over for its beauty, tranquility and soothing waters. The committed owners assoc. Has brought in and maintains a private water system in partnership with the dept. Of water supply. World famous champagne ponds is part of the ocean boundary of this subdivision and are within walking distance. Gate at the entrance is not meant to turn people away but to protect the precious natural environment these homes are lucky enough to be built. Seller is a california licensed real estate broker. Hard money loan available with strong down payment.