87 118 Alapaki Street
Waianae, HI 96792
- – beds
- – baths
- 1,025 sqft
- $681 per sqft
- 1942 build
- – on site
LEGAL non-conforming MULTIPLE DWELLING property a stone's throw from beautiful, white-sand Tumblelands beach! TWO DETACHED sturdy homes located on one 5,000 sq. ft. lot (NOT A CPR) with separate electric meters (one water meter), separate walkways, individual water heater hookups, and separate fully-fenced yards. Potential CAP RATE about 6% with pro-forma rents of $1,800/mo and $2,200/mo respectively and insurance and property tax expenses. Front home 696 sq. ft., single wall construction with 3 bedrooms, 1 bath, newer roof (2019), kitchen, living room, driveway, storage, and mango and citrus trees. Back home: Approx. 329 sq. ft., double-wall construction with 1 bedroom, 1 bath, kitchen, living room, and huge porch. Perfect property for investors, multi-family, and owner occupant(s) that want to live in one home and rent out the other home. One range electrical outlet and one water heater need replacing. Close to Waianae Comp hospital, restaurants, beaches. Room counts and square footage in MLS do not match tax records. *Monthly Property tax based on 2024 assessment.
Last checked:
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Last updated Mar 31, 2025
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MLS# 202507831 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1942
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Construction Materials:DoubleWall,SingleWall,WoodFrame
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Structure Type:MultiFamily
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Stories:1
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Levels:One
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Building Area Total:1025.0
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# of Units Total:2
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Year Built:1997
Interior
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Furnished:Unfurnished
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Laundry Features:InUnit
The Property
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Property Type:Residential
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Property Subtype:MultiFamily
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Property Condition:AverageCondition
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Lot Size Area:5000.0
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Lot Features:Cleared,DeadEnd,InteriorLot,Level
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Zoning Description:05 - R-5 Residential District
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Parcel Number:1-8-7-011-047-0000
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Topography:Level
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View:Mountains
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View:true
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Frontage Type:Other
Listing Agent
- Contact info:
- Agent phone:
- (808) 366-7970
- Office phone:
- (808) 690-9555
Taxes
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Tax Annual Amount:2028.0
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Tax Assessed Value:580500
Utilities
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Utilities:AboveGroundUtilities,CableAvailable,ElectricityAvailable,HighSpeedInternetAvailable,SewerAvailable,WaterAvailable,SewerConnected
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Sewer:Connected
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Water Source:Public
The Community
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Subdivision Name:MAILI
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Community Features:None,StorageFacilities
Parking
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Parking Total:2.0
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Parking Features:Assigned,Open,Unassigned
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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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/28/25
Mar 28, 2025
|
Listed / Active | HI_CENTRAL_MLS | $699,000 |
