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85-200 Ala Hema St Apt B, Waianae, HI 96792 listing image 1

For Sale

$225,000

85-200 Ala Hema St Apt B, Waianae, HI 96792

3Beds
2Baths
951SqFt

3Beds
2Baths
951SqFt

Property Type
Condo
Year Built
1974
Price per Sqft
$237
On highrises
42 Days

Property Details

Turnkey Investment Opportunity! This 3 bedroom, 1.5 bath, 2 story townhome was recently renovated in 2023, bringing in current rents of $2600 a month on a lease that expires 11/30/2025. Enjoy both a large, enclosed backyard with papaya and starfruit trees and an enclosed front yard with ample storage. Home is in close proximity to shopping, public transportation, restaurants, schools and beaches. Options to extend the lease to 12/31/2055 allow this leasehold property to receive traditional financing, bringing affordable home ownership and investing into reach. Submit your offer today and get on the path of owning your piece of paradise.

Property Features

Bedrooms

Bedrooms: 3

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 1
1/2 Bathrooms: 1

Interior Features

Furnished Description: Unfurnished
Flooring: Ceramic Tile, Vinyl

Garage and Parking

Parking Features: Assigned
Parking Total: 2

Homeowners Association

Association Amenities: Management
Association Fee Frequency: Monthly
Association Fee 2 Frequency: Monthly
Association Fee Includes: Common Areas, Hot Water, Sewer, Water
Maintenance Expense: 286

Rental Info

Lease Amount: 62.25
Lease Expiration: 2030-08-26

Other Property Info

Annual Tax Amount: 815.88
Source Listing Status: Active
County: Oahu
Source Property Type: Residential
Inclusions: Ceiling Fan, Disposal, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Water Heater
Area: Leeward
Property Subtype: condo
Source Neighborhood: WAIANAE
Parcel Number: 1-8-5-027-056-0000
Postal City: Waianae
Subdivision: WAIANAE
Zoning Description: 05 - R-5 Residential District
Property Subtype: Condominium
Source System Name: C2C

Building and Construction

Total Square Feet Living: 951
Year Built: 1974
Building Area Total: 951
Building Name: Ulu Wehi
Construction Materials: Hollow Tile, Wood Frame
Entry Level: 2
Levels: Two
Property Age: 51
Property Condition: Average Condition, Excellent, Good Condition
Levels or Stories: 2
Structure Type: Townhouse
House Style: Multi-Level
Total Area Sqft: 951
Year Built Effective: 2023
Architectural Style: Multi-Level

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
03/16/2025	Listed	$225,000	$237	HiCentral
04/24/2024	Listing removed	-	-	AppfolioUnits
04/17/2024	Listed for rent	$2,600	$3	AppfolioUnits
04/15/2024	Listing removed	-	-	AppfolioUnits
04/11/2024	Listed for rent	$2,600	$3	AppfolioUnits
10/07/2022	Sold	$100,000	$105	HiCentral
08/01/1975	Sold	$34,600	$36	Public Record

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2024	$815	$159,100	+	$74,000	=	$233,100
2023	$746	$159,100	+	$54,200	=	$213,300
2022	$687	$138,100	+	$58,200	=	$196,300
2021	$670	$126,100	+	$65,400	=	$191,500
2020	$613	$102,000	+	$73,200	=	$175,200
2019	$534	$96,000	+	$56,600	=	$152,600
2018	$537	$96,000	+	$57,700	=	$153,700

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
85-933 Bayview St Apt 401	$205K	0	1	357	17206
84-1021 Lahilahi St Apt 905	$273.3K	1	1	635	78321
87-561 Farrington Hwy Apt 315	$444K	1	1	744	130724
84-770 Kili Dr Apt 1031	$238K	1	1	740	740
87-1550 Farrington Hwy Apt A1	$310K	3	2	1250	196020
87-201 Helelua St Apt 1	$229.9K	3	2	1134	1872

Presented by:
Danielle Butler
state license#RS-81230

Brokered by:
Talk Realty LLC
(808) 400-8853

Broker Location:

Honolulu

Data Source:

HiCentral

Source's Property ID:

202506965

Data Source Copyright:

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85-200 Ala Hema St Apt B, Waianae, HI 96792