Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Hawaii Condo ManiaMLS: 202505301 $3,995,000
23 Bedrooms with 10 Baths30 CYPRESS AVENUE
WAHIAWA HI 96786MLS: 202505301
Status: ACTIVE
List Price: $3,995,000
Price per SQFT: $546
Square Footage: 731623 Bedrooms
10 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
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: None LISTING CONTRACT DATE: 2025-02-15 AREA: CENTRAL BEDROOMS: 23 BATHROOMS FULL: 10 BATHROOMS HALF: 0 LIVING AREA SQ FT: 7316 BUILDING AREA TOTAL: 7880 YEAR BUILT: 1934 TAXES: $13,632 ARCHITECTURAL STYLE: Detached, Multiplex, Duplex CONSTRUCTION: HollowTile, Concrete, WoodFrame COMMUNITY FEATURES: Other FLOORING: CeramicTile, Laminate INTERIOR FEATURES: BedroomOnMainLevel, FullBathOnMainLevel LOT FEATURES: CornerLot, Other, Level PARKING FEATURES: Driveway, ThreeOrMoreSpaces, OnStreet PROPERTY TYPE: Residential PROPERTY SUB TYPE: Duplex POOL FEATURES: None 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.
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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
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Last Updated: 2025-04-01