30 Cypress Avenue, Wahiawa, HI 96786 (MLS # 202505301)
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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.
| DAYS ON MARKET | 8 | LAST UPDATED | 2/21/2025 |
|---|---|---|---|
| TRACT | WAHIAWA AREA | YEAR BUILT | 1934 |
| COMMUNITY | Central | GARAGE SPACES | 3.0 |
| COUNTY | Oahu | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AREA | Central |
|---|---|
| CONSTRUCTION | Concrete |
| GARAGE | Yes |
| LOT | 12420 acre(s) |
| LOT DESCRIPTION | Corner Lot, Level, Other |
| POOL DESCRIPTION | None |
| STORIES | One, Two |
| STYLE | Detached, Duplex, Multiplex |
| SUBDIVISION | WAHIAWA AREA |
| TAXES | 13632 |
| UTILITIES | Electricity Available, Sewer Available, Water Available |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | 12 - A-2 Medium Density Apartme |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Keller Williams Honolulu
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 2/22/25 10:18 PM PST.
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
active listings last updated on 2/22/25 10:18 PM PST.
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
This IDX solution is (c) Diverse Solutions 2025.