360-A Lama St, Hilo, HI 96720
Local realty services provided by:Better Homes and Gardens Real Estate Rainbow Island Properties
360-A Lama St,Hilo, HI 96720
$995,000
- 6 Beds
- 4 Baths
- 1,892 sq. ft.
- Multi-family
- Active
Listed by: lucy y. parkin
Office: berkshire hathaway homeservices hawaii island properties
MLS#:726875
Source:HI_HIS
Price summary
- Price:$995,000
- Price per sq. ft.:$525.9
About this home
Not too far, not too close—JUST RIGHT!
Located in the highly desirable Panaewa Houselots, this centrally placed and spacious property presents a rare opportunity for investors or extended-family living. Properties of this type seldom become available in this area.
Conveniently situated near Prince Kuhio Plaza and Puainako Town Center, the location offers an ideal balance of privacy and accessibility. Owned by a longtime kamaʻāina family, this is the first time the property has ever been offered for sale—truly a unique opportunity.
Situated at 360 Lama Street, the large rectangular lot features two fully permitted, detached homes, each with easy road access and its own carport parking. The rear portion of the land provides generous outdoor space, ideal for gardening, recreation, or future possibilities. Currently operated as long-term rentals and professionally managed by a Hilo property management company, the house lot offers immediate income potential.
Property Details:
1. 360-A: 3 Bedrooms | 2 Bath | Extended Living Room | Carport | Approx. 968 sqft. (Tenant occupied, month-to-month; easy to show)
2. 360-B: 3 Bedrooms | 2 Bath| Extended Living Room | Carport | Approx. 924 sqft. (Vacant)
Perfect for investors, multi-generational living, or owner-occupants seeking flexibility, this versatile property offers endless potential and is a must-see.
Information deemed reliable but not guaranteed. Buyers and buyers’ agents to independently verify all material facts. Bathroom count does not match county records....
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Home facts
- Year built:1963
- Listing ID #:726875
- Added:101 day(s) ago
- Updated:April 24, 2026 at 11:39 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Carpet
- Living area:1,892 sq. ft.
Structure and exterior
- Year built:1963
- Building area:1,892 sq. ft.
- Lot area:2.73 Acres
- Lot Features:Cleared, Wooded
Utilities
- Sewer:Cesspool
Finances and disclosures
- Price:$995,000
- Price per sq. ft.:$525.9
- Tax amount:$2,815 (2025)
Parking
- Parking description:Covered
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