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. parkin8083573938
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:

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Home facts

  • Year built:1963
  • Listing ID #:726875
  • Added:10 day(s) ago
  • Updated:January 23, 2026 at 12:27 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:1,892 sq. ft.

Structure and exterior

  • Year built:1963
  • Building area:1,892 sq. ft.
  • Lot area:2.73 Acres

Utilities

  • Sewer:Cesspool

Finances and disclosures

  • Price:$995,000
  • Price per sq. ft.:$525.9
  • Tax amount:$2,815 (2025)
Listing information © 2021 MLS Hawaii, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants or the MLS from liability.

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