Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Hawaii Condo ManiaMLS: 202507831 $699,000
Bedrooms with 0 Baths87-118 ALAPAKI STREET
WAIANAE HI 96792MLS: 202507831
Status: ACTIVE
List Price: $699,000
Price per SQFT: $0
Square Footage: 0Bedrooms
0 Baths
Year Built: 1942
Zip Code: 96792
Listing Remarks
LEGAL non-conforming MULTIPLE DWELLING property a stone's throw from beautiful, white-sand Tumblelands beach! TWO DETACHED sturdy homes 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. Potential CAP RATE about 6% with pro-forma rents of $1,800/mo and $2,200/mo respectively and insurance and property tax expenses. Front home 696 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 porch. 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. *Monthly Property tax based on 2024 assessment.
Address: 87-118 ALAPAKI STREET WAIANAE HI 96792
Listing Courtesy of LOCATIONS LLC
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: 2025-03-17 AREA: LEEWARD BUILDING AREA TOTAL: 1025 YEAR BUILT: 1942 TAXES: $2,028 CONSTRUCTION: DoubleWall, SingleWall, WoodFrame COMMUNITY FEATURES: None, StorageFacilities FURNISHED: Unfurnished LAUNDRY FEATURES: InUnit LOT FEATURES: Cleared, DeadEnd, InteriorLot, Level PARKING FEATURES: Assigned, Open, Unassigned PROPERTY TYPE: Residential PROPERTY SUB TYPE: MultiFamily NUMBER OF UNITS TOTAL: 2 VIEW: Mountains LISTING AGENT: MELODY L RUTHERFORD LISTING OFFICE: LOCATIONS LLC LISTING CONTACT: (808) 690-9555
Estimated Monthly Payments
List Price: $699,000 20% Down Payment: $139,800 Loan Amount: $559,200 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $3,535 Estimate does not include taxes, fees, insurance.
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Property Location: 87-118 ALAPAKI STREET WAIANAE HI 96792
This Listing
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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