Multifamily For Sale

$815,000

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87-1489 Akowai Road
Waianae, HI 96792

  • – beds
  • – baths
  • 2,054 sqft
  • 5,000 sqft lot
  • $396 per sqft
  • 1969 build
  • on site

Investment Opportunity with Income from 4 Units Live-in one & Rent 3 others or use as Your Own Private Estate for Multi-Generational Family Living! Current Potential Market Rental for a Spacious 2 Bdrm/1 Bath $$1,900, 1 Bdrm/1 Bath $1,500, 1 Bdrm/1 Bath $1,500, & Studio $1,100 for a total of $6,000/Month. All Tenants are month-to-month with up to date payments. Over 2,000+ Sq. Ft. of Living Area in Average to Above Average Condition on a Fully Fenced, Easy to Maintain 5,000 Sq. Ft. Lot. New Roof, Laminate Flooring, Ceramic Tile & Granite Counter Tops installed in 2018. Leased PV System with Tesla Battery added in 2019. New Interior & Exterior Paint, Siding, Plumbing, Security Screen Doors & Porches in 2021. Fairly New Appliances in All Units are included in Sale. Property's Front Paved for Added Parking. Buyer's choice to purchase property Vacant or keep 2 Tenants. No Maintenance or Association Fees. 2 MIN. WALK to Hwy, Bus Stops, Beaches. 5-10 MIN DRIVE to Schools, Med. Facilities, Grocery Stores, Restaurants, Kapolei. Must come & see the Possibilities with this Rare & Unique, 1 of a Kind Piece of Property!

HI_CENTRAL_MLS logo Listing courtesy of HI_CENTRAL_MLS / West Beach Realty, Inc.

Last checked: Checking… • Last updated Oct 4, 2021 •

MLS# 202119802 —

This property is listed in more than one place. See it here.

Amenities & Taxes

The Building

Year Built:
1969
Year Remodeled:
2018
Construction Materials:
Above Ground, Single Wall, Slab, Wood Frame
Building Type:
Multi Dwellings
Stories:
One, Two
Roof:
Composition
SqFt. Total:
2,054 Sqft
SqFt Building:
2054
Number Of Units Total:
4

Interior

Furnished:
Partial

Financial & Terms

Financing:
Cash, Conventional
Land Tenure:
FS - Fee Simple
Possession:
At Closing
Foreclosure:
No

Location

Location:
Inside

The Property

Parcel Number:
1-8-7-017-046-0000
Property Type:
Multi-Family
Property Sub Type:
Multi-Family
Property Condition:
Above Average, Average
Property Frontage:
Other
Lot Size Area:
5,000 Sqft
Lot Features:
Clear
View:
Mountain, Ocean, Other, Sunrise
Topography:
Level
Zoning:
05 - R-5 Residential District
Flood Zone:
Zone D
Set Backs:
Of Record
Easements:
None

Listing Agent

Contact info:

Taxes

Tax Year:
2020
Tax Amount:
$116.42
Tax Assessed Value:
$552,400
Tax Assessed Value Land:
$333,000
Tax Assessed Value Improvements:
$222,400
Tax Paid By Seller:
No

The Listing

Listing Conditions:
Subject To Replacement Property
Land Recorded:
Regular System
Disclosures:
Leased Equipment, Pet on Property, Property Disclosure Stmt, See Remarks

Utilities

Utilities:
Cable, Internet, Overhead Electricity, Sewer Fee, Telephone, Water
Utilities Meters:
Electric, Water
Sewer:
Connected

Appliances

Laundry Facilities:
Washer

Schools

Elementary School:
Maili
Middle Or Junior School:
Waianae
High School:
Waianae

The Community

Amenities:
A/C, Storage
Recreation Facilities:
None
Neighbourhood:
MAILI

Parking

Parking Total:
7
Parking Features:
Covered, Open
Other Parking Features:
None

Extra Units

Number Of Studio Units:
1
Number Of One Bed Unit:
2
Number Of Two Bed Unit:
1

Schools

Rating Details

Nanaikapono Elementary School

  • Public
  • K-8
  • 1.6 mi

Nanakuli High And Intermediate School

  • Public
  • 6-12
  • 2.1 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Flood Risk

No flood information available

We were unable to find flood risk information for this property. When new information is available, we’ll share it here.

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Sale history

Date Event Source Price % Change
9/11/21
Price Changed HI_CENTRAL_MLS $815,000 -4.0%
8/5/21
Listed / Active HI_CENTRAL_MLS $849,000

Finding records…

No additional history available

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87-1489 Akowai Road
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