Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Hawaii Condo ManiaMLS: 202505301 $3,995,000 23 Beds /10 Baths
MLS #: 202505301 Status: ACTIVE List Price: $3,995,000 Price SQFT: $546 City: WAHIAWA
Beds: 23 Baths: 10 SqFt: 7316 Year: 1934 Zip: 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
Listing Photos
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Last Updated: 2025-04-02