Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Hawaii Condo ManiaMLS: 202505014 $3,995,000
Bedrooms with 0 Baths30 CYPRESS AVENUE
WAHIAWA HI 96786MLS: 202505014
Status: ACTIVE
List Price: $3,995,000
Price per SQFT: $0
Square Footage: 0Bedrooms
0 Baths
Year Built: 1934
Zip Code: 96786
Listing Remarks
Exceptional Investment Opportunity! Situated on 12,420 SF of A-2 zoned land, the property features ten units within four recently renovated dwellings—three duplexes and one fourplex. The fully hollow-tile fourplex consists of four 2-bed, 1-bath units, while one duplex includes a 3-bed, 1-bath unit and a 2-bed, 1-bath unit. Another duplex offers two 2-bed, 1-bath units, and the final duplex includes two 3-bed, 1-bath units. Currently, rented well below market value, this property offers incredible income potential. Designed for efficiency, all units are separately metered for electricity, and a coin-operated laundry room provides additional revenue. The property also includes 18 parking stalls. All structures were built between 1934 and 2009. With Bill 7 incentives, there is potential to develop up to 120 units or utilize standard A-2 zoning for flexibility and redevelopment. Whether you're looking to increase rental income, reposition the asset, or hold for long-term appreciation, this property offers endless possibilities. Buyers are advised to conduct their own due diligence and verify zoning and development opportunities with the appropriate experts.
Address: 30 CYPRESS AVENUE WAHIAWA HI 96786
Listing Courtesy of KELLER WILLIAMS HONOLULU
Condo Mania Agent
Linda McCabe
Coldwell Banker Island Properties
REALTOR®
Phone: 808-225-1048
Request More Information
Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: None LISTING CONTRACT DATE: 2025-02-15 AREA: CENTRAL BUILDING AREA TOTAL: 7316 YEAR BUILT: 1934 TAXES: $13,632 APPLIANCES INCLUDED: Dryer, Washer ARCHITECTURAL STYLE: Fourplex CONSTRUCTION: HollowTile, Concrete, WoodFrame COMMUNITY FEATURES: Other LAUNDRY FEATURES: CoinOperated LOT FEATURES: CornerLot, Other, Level PARKING FEATURES: Assigned, Open, Tandem PROPERTY TYPE: Residential PROPERTY SUB TYPE: MultiFamily NUMBER OF UNITS TOTAL: 10 VIEW: None LISTING AGENT: DANIEL K IHARA LISTING OFFICE: KELLER WILLIAMS HONOLULU LISTING CONTACT: (808) 596-2888
Estimated Monthly Payments
List Price: $3,995,000 20% Down Payment: $799,000 Loan Amount: $3,196,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $20,201 Estimate does not include taxes, fees, insurance.
Request More Information
Property Location: 30 CYPRESS AVENUE WAHIAWA HI 96786
This Listing
Active Listings Nearby
Condo Mania Agent
Erin McCabe
Coldwell Banker Island Properties
Real Estate Associate
Phone: 808.485.9955
Search Listings
The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability.
Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright © 2025 by HiCentral MLS, Ltd.
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.
Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.
Last Updated: 2025-02-21