142 Lakeview Circle
Wahiawa, HI 96786
- – beds
- – baths
- – sqft
- 1974 build
- – on site
Discover a rare opportunity to own an 11-unit apartment building in the highly desirable Wilikina area. Perfectly designed for income generation, this property features eleven 1-bedroom units, each with a dedicated parking stall, offering convenience and appeal to tenants. Recent upgrades in 2023, including a new roof and fresh exterior paint, enhance the building's curb appeal and long-term durability. A coin-operated community laundry area on the ground floor provides an additional revenue stream. Conveniently located near schools, shopping centers, restaurants, and highways, this property ensures ease of access for residents while maintaining strong rental demand. Whether you're starting your investment journey or expanding an existing portfolio, this property is a must-see! Current income and expenses reflect 9 rented units, leaving room for even greater earning potential. Net income of $111,900 for 9 units with CAP rate about 5.6% (Still has 2 units vacant to add more income). Schedule a viewing today and take the first step toward securing your future income!
Last checked:
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Last updated Jan 22, 2025
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MLS# 202502231 —
The Building
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Year Built:1974
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Construction Materials:Masonry,Stucco,WoodFrame
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Structure Type:Apartment
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Levels:ThreeOrMore
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Number Of Units Total:11
The Property
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Property Type:Residential
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Property Sub Type:MultiFamily
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Property Condition:AverageCondition,GoodCondition
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Lot Size Area:8314.0
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Lot Features:Cleared,Level
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Zoning Description:12 - A-2 Medium Density Apartme
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Parcel Number:1-7-3-008-041-0000
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Topography:Level
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View:None
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View:false
Listing Agent
- Contact info:
- Agent phone:
- (808) 382-6871
- Office phone:
- (808) 382-6871
Taxes
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Tax Annual Amount:4020.0
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Tax Assessed Value:1148800
Utilities
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Utilities:AboveGroundUtilities,CableAvailable,ElectricityAvailable,HighSpeedInternetAvailable,PhoneAvailable,WaterAvailable,SewerConnected
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Sewer:Connected
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Water Source:Public
The Community
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Subdivision Name:WILIKINA
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Community Features:None
Parking
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Parking Total:11.0
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Parking Features:Assigned,Open
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Open Parking:true
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/21/25
Jan 21, 2025
|
Listed / Active | HI_CENTRAL_MLS | $2,000,000 | |
|
11/12/24
Nov 12, 2024
|
Listed / Active | HI_CENTRAL_MLS |
