30 Cypress Avenue
Wahiawa, HI 96786
- – beds
- – baths
- 7,316 sqft
- $546 per sqft
- 1934 build
- – on site
Exceptional Investment Opportunity! Situated on 12,420 SF of A-2 zoned land, the property features ten units within four recently renovated dwellings—three duplexes and one fourplex. The fully hollow-tile fourplex consists of four 2-bed, 1-bath units, while one duplex includes a 3-bed, 1-bath unit and a 2-bed, 1-bath unit. Another duplex offers two 2-bed, 1-bath units, and the final duplex includes two 3-bed, 1-bath units. Currently, rented well below market value, this property offers incredible income potential. Designed for efficiency, all units are separately metered for electricity, and a coin-operated laundry room provides additional revenue. The property also includes 18 parking stalls. All structures were built between 1934 and 2009. With Bill 7 incentives, there is potential to develop up to 120 units or utilize standard A-2 zoning for flexibility and redevelopment. Whether you're looking to increase rental income, reposition the asset, or hold for long-term appreciation, this property offers endless possibilities. Buyers are advised to conduct their own due diligence and verify zoning and development opportunities with the appropriate experts.
Last checked:
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Last updated Feb 21, 2025
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MLS# 202505014 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1934
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Construction Materials:HollowTile,Concrete,WoodFrame
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Foundation Details:Slab
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Architectural Style:Fourplex
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Structure Type:Duplex
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Stories:1
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Levels:One,Two
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Building Area Total:7316.0
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# of Units Total:10
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Year Built:2022
Interior
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Laundry Features:CoinOperated
The Property
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Property Type:Residential
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Property Subtype:MultiFamily
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Property Condition:GoodCondition
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Lot Size Area:12420.0
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Lot Features:CornerLot,Other,Level
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Zoning Description:12 - A-2 Medium Density Apartme
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Parcel Number:1-7-3-002-026-0000
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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) 343-3695
- Office phone:
- (808) 596-2888
Taxes
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Tax Annual Amount:13632.0
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Tax Assessed Value:3894764
Utilities
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Utilities:AboveGroundUtilities,ElectricityAvailable,SewerAvailable,WaterAvailable,SewerConnected
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Sewer:Connected
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Water Source:Public
Appliances
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Appliances:Dryer,Washer
The Community
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Subdivision Name:WAHIAWA AREA
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Community Features:Other
Parking
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Parking Total:18.0
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Parking Features:Assigned,Open,Tandem
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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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/15/25
Feb 15, 2025
|
Listed / Active | HI_CENTRAL_MLS | $3,995,000 |
