87-118 Alapaki Street, Waianae, HI 96792
Local realty services provided by:Better Homes and Gardens Real Estate Refined
87-118 Alapaki Street,Waianae, HI 96792
$599,000
- 4 Beds
- 2 Baths
- 1,245 sq. ft.
- Single family
- Pending
Listed by: melody l rutherford(808) 690-9555
Office: locations llc.
MLS#:202505421
Source:HI_HBR
Price summary
- Price:$599,000
- Price per sq. ft.:$481.12
About this home
TWO DETACHED HOMES FOR THE PRICE OF ONE! LEGAL non-conforming Two-Homes-One-One-Lot property a stone's throw from beautiful, white-sand Tumblelands beach! Live in one and rent the other to help pay the mortgage. Both detached homes have newly painted exteriors and are 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 916 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 lanai. 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. Potential CAP RATE about 6% with pro-forma rents of $1,800/mo and $2,200/mo respectively and insurance and property tax expenses.
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Home facts
- Year built:1942
- Listing ID #:202505421
- Added:309 day(s) ago
- Updated:December 27, 2025 at 03:41 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,245 sq. ft.
Structure and exterior
- Year built:1942
- Building area:1,245 sq. ft.
- Lot area:0.11 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$599,000
- Price per sq. ft.:$481.12
- Tax amount:$2,032
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