87-118 Alapaki Street, Waianae, HI 96792 (MLS # 202505421)
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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. 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. Potential CAP RATE about 6% with pro-forma rents of $1,800/mo and $2,200/mo respectively and insurance and property tax expenses.
| DAYS ON MARKET | 40 | LAST UPDATED | 4/25/2025 |
|---|---|---|---|
| TRACT | MAILI | YEAR BUILT | 1942 |
| COMMUNITY | Leeward | GARAGE SPACES | 2.0 |
| COUNTY | Oahu | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| PRICE HISTORY | |
| Prior to Apr 25, '25 | $699,000 |
|---|---|
| Apr 25, '25 - Today | $649,000 |
| ADDITIONAL DETAILS | |
| AREA | Leeward |
|---|---|
| GARAGE | Yes |
| LOT | 5000 acre(s) |
| LOT DESCRIPTION | Cleared, Interior Lot, Level |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| STYLE | Detached, Multiplex |
| SUBDIVISION | MAILI |
| TAXES | 2028 |
| UTILITIES | Cable Available, Electricity Available, Other, Sewer Available, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| WATER | Public |
| WATERFRONT DESCRIPTION | Other |
| ZONING | 05 - R-5 Residential District |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listed with Locations LLC
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 4/26/25 12:43 AM PDT.
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 4/26/25 12:43 AM PDT.
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.