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87-1205 Paakea Rd, Waianae, HI 96792 listing image 1

For Sale

$1,800,000

87-1205 Paakea Rd, Waianae, HI 96792

-Bed
-Bath
3261SqFt

-Bed
-Bath
3261SqFt

Property Type
Condo
Year Built
1940
Price per Sqft
$552
On highrises
58 Days

Property Details

Located in the beautiful town of Waianae on the island of Oahu. Situated over on a 4.42 acres of Fee Simple land with great mountain view, walking distance to the beaches, elementary schools, and shopping centers. This property consists of four (4) detached single family homes, each with its own separate addresses (87-1205 Paakea Rd, 87-1209 Paakea Rd, 87-1213 Paakea Rd, & 87-1217 Paakea Rd), all currently occupied by long-terms and great tenants. Additionally, the property generates monthly income from solar panels. Don't miss out on the chance to own this rare and great investment property with four single family homes!

Property Features

Bathrooms

Total Bathrooms: 0

Interior Features

Furnished Description: Unfurnished

Land Info

Lot Description: Level
Lot Size Acres: 4.420225
Topography: Level
Lot Size Square Feet: 192545

Garage and Parking

Parking Total: 4

Home Features

View: Mountain(s)

Homeowners Association

Association Fee Frequency: Monthly
Association Fee 2 Frequency: Monthly

Multi-Unit Info

Number of Units: 4

Rental Info

Tenant Pays: Electricity

Other Property Info

Annual Tax Amount: 6564.00
Source Listing Status: Active
County: Oahu
Source Property Type: Residential
Area: Leeward
Property Subtype: condo
Source Neighborhood: MAILI
Parcel Number: 1-8-7-019-036-0000
Postal City: Waianae
Subdivision: MAILI
Zoning Description: 56 - Country District
Property Subtype: Multi Family
Source System Name: C2C

Commercial Info

Net Operating Income: 58641.69999999
Operating Expense: 6560.300000000
Operating Expense Includes: Insurance, Manager, Maintenance, Real Estate Tax, New Tax

Building and Construction

Year Built: 1940
Building Area Total: 3261
Levels: One
Property Age: 85
Property Condition: Average Condition
Levels or Stories: 1
Structure Type: Multi Family
Total Area Sqft: 3261
Year Built Effective: 1975

Utilities

Sewer: Cesspool
Natural Gas Available
Water Available
Water Source: Public

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
07/21/2025	Listed	$1,800,000	$552	HiCentral
07/02/2025	Listing removed	-	-	HiCentral
12/29/2024	Listed	$1,800,000	-	HiCentral
08/29/2016	Sold	$131,284	$40	Public Record
04/13/2006	Sold	$696,000	$213	Public Record

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2025	$4,207	$991,700	+	$250,500	=	$1,242,200
2024	$6,248	$991,700	+	$250,500	=	$1,242,200
2023	$6,563	$1,198,200	+	$747,600	=	$1,945,800
2022	$4,674	$1,110,800	+	$280,900	=	$1,391,700
2021	$4,580	$672,100	+	$636,600	=	$1,308,700
2020	$3,516	$662,600	+	$342,000	=	$1,004,600
2019	$3,888	$662,600	+	$448,400	=	$1,111,000

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
84-665 Ala Mahiku St Apt 138A	$320K	2	1	935	1222729
84-754 Ala Mahiku St Apt 36B	$310K	2	1	865	1222729
84-754 Ala Mahiku St Apt 45C	$240K	2	1	845	1222729
84-680 Kili Dr Unit C1609	$198K	0	1	589	612759
84-770 Kili Dr Apt 335	$189K	1	1	680	612759
87-157 Helelua St Apt 2	$349K	4	2	1402	1632

Presented by:
Julieanne Lam Phan
state license#RB-19782

Brokered by:
Julieanne Lam Phan
(714) 655-1434

Data Source:

HiCentral

Source's Property ID:

202516520

Data Source Copyright:

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87-1205 Paakea Rd, Waianae, HI 96792

Property Details

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Bathrooms

Property History

Neighborhood

Environmental Risk

Nearby Home Values

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