Active
87-274D St Johns Road
Waianae HI, 96792
$2,500,000
Active
10 Beds
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
October 1, 2024
Updated
Map
87-274D St Johns Road
Waianae HI, 96792
Interior Features
Total Stories
1
Bedrooms
10
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.66 Acres
Lot Features
Level, Cul-De-Sac
Roof
Asphalt
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 Total
12
View
No
County
Oahu
Water Source
Public
Pool
No
Zoning
05 - R-5 Residential District
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 10/1/2024 8:08 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 8:08 PM UTC, 10/1/2024
