Active

87-274D St Johns Road

Waianae HI, 96792

$2,500,000


Active

Multi-family

Built in 1946

FIVE HOUSES. A prime investment opportunity in Waianae, Hawaii, offering exceptional value in Hawaii's most promising market. This newly redeveloped multi-family property on St. John's Road sits on 28,785 SF of R-5 zoned land and features five turnkey homes, each with 3 bedrooms, 2 bathrooms, and a two-car carport, making it attractive for 1031 exchange investors seeking high income-generating potential with a stabilized gross monthly income of $13,000.
With competitive pricing, this property stands out in the local market, offering strong return on investment. Each home is upgraded with new walls, paint, flooring, high-end fixtures, and modern kitchens, along with private, spacious yards and separate electric meters. Located on a peaceful cul-de-sac, the master suites feature en-suite bathrooms with showers, while second bathrooms include tubs for added convenience.
Key investment features:
Modern kitchens with new appliances (refrigerator and stove)
Expansive, fenced yards with washer/dryer hookups
Two-car carports for each home
All homes are legally permitted with potential for CPR (Condominium Property Regime) development, further enhancing long-term investment value.

202226278

MLS ID

December 27, 2022

Listed

December 5, 2024

Updated

Map

87-274D St Johns Road
Waianae HI, 96792

Interior Features

Total Stories

1


Laundry Description

None


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.66 Acres


Lot Features

Cul-De-Sac, Flag Lot, Level


Sewer

Connected

School Information

High School

Waianae


Elementary School

Maili

Other Property Details

Area Name

Leeward


Taxes

$4,164


Tax Frequency

Annually


Days on Market

539


Garage

No


Parking

Covered


Parking Total

12


View

No


View Description

None


County

Oahu


Water Source

Public


Pool

No

 

Courtesy of Hawaii Real Estate Properties, Ash Tawfik

Listing Contact: (808) 218-0864 

Based on information from the Multiple Listing Service of HI - Honolulu Board of REALTORS® / HiCentral (HBR) listings last updated on 12/5/2024 5:19 PM UTC. Information is deemed reliable but not guaranteed. Copyright: 2024 by the Honolulu Board of REALTORS®/ HICentral. 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. 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 the use of other disclaimers as necessary to protect participants and/or the MLS from liability.

©2024 Honolulu Board of REALTORS®/ HICentral. All rights reserved. 

Data last updated 5:19 PM UTC, 12/5/2024

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