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87-1205 Paakea Rd, Waianae, HI 96792 listing image 1

For Sale

$1,800,000

87-1205 Paakea Rd, Waianae, HI 96792

-Bed
-Bath
-SqFt

-Bed
-Bath
-SqFt

Property Type
Condo
Year Built
1940
On highrises
62 Days

Property Details

Great fourplex investment with single family homes and over 4 acres of land in Waianae. Five long term tenants include four single family homes and solar rental of land. This investment requires little to no maintenance due to long term and responsible tenants, never late on their rent.

Property Features

Bathrooms

Total Bathrooms: 0

Land Info

Lot Description: Level
Lot Size Acres: 4.420225
Topography: Level
Lot Size Square Feet: 192545

Garage and Parking

Parking Total: 4

Home Features

View: Mountain(s)

Homeowners Association

Association Fee Frequency: Monthly
Association Fee 2 Frequency: Monthly

Multi-Unit Info

Number of Units: 4

Rental Info

Tenant Pays: Electricity

Other Property Info

Annual Tax Amount: 6564.00
Source Listing Status: Active
County: Oahu
Source Property Type: Residential
Area: Leeward
Property Subtype: condo
Source Neighborhood: MAILI
Parcel Number: 1-8-7-019-036-0000
Postal City: Waianae
Subdivision: MAILI
Zoning Description: 56 - Country District
Property Subtype: Multi Family
Source System Name: C2C

Commercial Info

Net Operating Income: 52739
Operating Expense: 10633
Operating Expense Includes: Insurance, Manager, Maintenance, Real Estate Tax, New Tax

Building and Construction

Year Built: 1940
Levels: One
Property Age: 85
Property Condition: Average Condition
Levels or Stories: 1
Structure Type: Multi Family
Year Built Effective: 1975

Utilities

Sewer: Cesspool
Natural Gas Available
Water Available
Water Source: Public

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
12/29/2024	Listed	$1,800,000	-	HiCentral
08/29/2016	Sold	$131,284	$40	Public Record
04/13/2006	Sold	$696,000	$213	Public Record

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2023	$6,563	$1,198,200	+	$747,600	=	$1,945,800
2022	$4,674	$1,110,800	+	$280,900	=	$1,391,700
2021	$4,580	$672,100	+	$636,600	=	$1,308,700
2020	$3,516	$662,600	+	$342,000	=	$1,004,600
2019	$3,888	$662,600	+	$448,400	=	$1,111,000
2018	$3,472	$634,100	+	$357,900	=	$992,000
2017	$3,241	$559,500	+	$366,700	=	$926,200

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
85-135 Ala Akau St Apt H	$269K	4	1	1248	3720
87-123 Helelua St Apt G104	$190K	2	1	666	217800
84-740 Kili Dr Apt 1229	$209K	0	1	515	612759
84-1021 Lahilahi St Apt 307	$375K	1	1	635	78321
85-175 Farrington Hwy Apt B209	$235K	1	1	412	242019
84-265 Farrington Hwy Apt 407	$320K	0	1	323	37200

Presented by:
Julieanne Lam Phan
state license#RB-19782

Brokered by:
Julieanne Lam Phan
(714) 655-1434

Data Source:

HiCentral

Source's Property ID:

202427569

Data Source Copyright:

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$1,800,000

87-1205 Paakea Rd, Waianae, HI 96792

Property Details

Property Features

Bathrooms

Property History

Neighborhood

Environmental Risk

Nearby Home Values

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