36 Ilima Street
Wahiawa, HI 96786
$1,499,000
Price
2
Beds
2,372 Sq. Ft.
$632 / Sq. Ft.
2,372
Sq. Ft.
$632
per Sq. Ft.
Description
Charming large home with 11 bedrooms in cool Wahiawa, with easy access to bus lines, restaurants, shops, and a close proximity to Schofield, Wheeler, Mililani Town, and the North Shore. It's also a great investment as an apartment zoned parcel with an excellent cap rate and even greater potential for future development. There's a spacious two bedroom, single family house with carport and huge yard areas. In addition, there are 9 studios, a shared kitchen, nice open garden lanai, storage lockers,...Charming large home with 11 bedrooms in cool Wahiawa, with easy access to bus lines, restaurants, shops, and a close proximity to Schofield, Wheeler, Mililani Town, and the North Shore. It's also a great investment as an apartment zoned parcel with an excellent cap rate and even greater potential for future development. There's a spacious two bedroom, single family house with carport and huge yard areas. In addition, there are 9 studios, a shared kitchen, nice open garden lanai, storage lockers, laundry room - all renovated in 2015 and 2018. Currently operating as a multiple rental property and it is absolutely delightful. Square footage and information differ from tax office records. The financial numbers are approximate. Being sold "AS IS"
- Listed by Mike Tavepholjalern • License #RS-28810 • Fogarty Realty, Inc. • (808) 955-5100
Property Details for 36 Ilima Street
View
Mountain
Zoning12 - A-2 Medium Density Apartme
NeighbourhoodWAHIAWA AREA
Flood ZoneZone D
Stories/LevelsOne
Land TenureFS - Fee Simple
LISTING UPDATED: 12/06/2024 06:43 AM
Property Details for 36 Ilima Street
| Status | Active |
|---|---|
| MLS # | 202427856 |
| Days on Market | 11 |
| Taxes | $409 / month |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Multi-Family |
| Year Built | 1962 |
| Lot Size | 0.23 AC / 9,825 SF |
| County | Honolulu County |
Building Information for 36 Ilima Street
Stories-Residences10Year Built1962Building Size-Lot Size0.23 AC / 9,825 SF
Property Information for 36 Ilima Street
Summary
Location and General Information
- Topography: Level
- City: Wahiawa
- County Or Parish: Oahu
- State Or Province: HI
- Location: Other
Taxes and HOA Information
- Tax Amount: $409.00
- Tax Assessed Value: $1,401,000.00
- Tax Assessed Value Improvements: $121,500.00
- Tax Assessed Value Land: $1,279,500.00
- Tax Year: 2024
- Parcel Number: 1-7-3-004-025-0000
- HOA YN: No
Parking
- Parking Features: Covered, Open
- Parking Total: 10
- Other Parking Features: 10+ Spaces
Property
Lot Information
- Property Frontage: Other
- Property Sub Type: Multi-Family
- Property Type: Multi-Family
- SQFT Building: 2372.0
- Sqft Total: 2372.0
- Land Recorded: Land Court
- Lot Features: Clear
- Lot Size Area: 9825.0
- Year Built: 1962
- Year Remodeled: 2020
- Building Type: Duplex
Property and Assessments
- Photo Count: 25
- Property Condition: Above Average
- Special Listing Conditions: None
- Disclosures: 1031 Exchange, Licensed Owner, Listor Owner
- Foreclosure: No
- Set Backs: C&C
- Supplement Count: 0
- TMK Area: 173
- TMK Condo Property Regime Number: 0
- TMK Division: 1
- TMK Parcel: 25
- TMKPLAT: 4
- TMK Section: 3
- TMK Zone: 7
Utilities
- Utilities: Cable, Internet, Sewer Fee, Telephone, Water
- Sewer: Connected
- Utilities Meters: Electric, Water
Interior and Exterior Features
Exterior Features
- Amenities: Storage
- Construction Materials: Above Ground, Wood Frame
- Easements: Other
- Recreation Facilities: Play Area
- Roof: Aluminum/Steel
Interior Features
- Furnished: Partial
- Laundry Facilities: Dryer, Washer
Multi Family
Multi-Family Information
- Studio Units Number Of: 9
- Unit One Number Of Bed: 0
- Unit Three Number Of Bed: 0
- Unit Two Number Of Bed: 1
- Number Of Units Total: 10
Income & Expenses
- Total Annual Operating Expenses: $23,040.00
- Total Income: $115,200.00
- Expenses Include: Excise Tax, Mgmt Fee, Property Tax, Repair Maintenance, Sewer Fee
- Net Operating Income: $92,160.00
- Other Income: $.00
Agent
Sale and Listing
- DOM: 0
- Immoviewer: No
- Listing Service: Full Service
- MLS: HI Central
- MLS Area Major: Central
- Status: Active
- Public Remarks: Charming large home with 11 bedrooms in cool Wahiawa, with easy access to bus lines, restaurants, shops, and a close proximity to Schofield, Wheeler, Mililani Town, and the North Shore. It's also a great investment as an apartment zoned parcel with an excellent cap rate and even greater potential for future development. There's a spacious two bedroom, single family house with carport and huge yard areas. In addition, there are 9 studios, a shared kitchen, nice open garden lanai, storage lockers, laundry room - all renovated in 2015 and 2018. Currently operating as a multiple rental property and it is absolutely delightful. Square footage and information differ from tax office records. The financial numbers are approximate. Being sold "AS IS"
- Possession: At Closing
Showing and Remarks
- Showing Instructions: Appointment Only
Rental
Rent Information
- Tenants Responsibilities Include: None
- Total Actual Rent: $9,600.00
Property History for 36 Ilima Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 36 Ilima Street
Taxable ValueLand$1,279,500Additions$121,500Total$1,401,000
Tax Record2023$4,884 ($407 / month)
Home Facts
Beds4Baths2.5Total Finished SqFt1,912 SqFtAbove Grade Finished SqFt1,912 SqFtStories1Lot Size9,825 SqFtStyleSingle Family ResidenceYear Built1962ZoningA-2 APARTMENTCountyHONOLULUAPN1-7-3-004-025
Schools near 36 Ilima Street
This home is within Hawaii Department Of Education.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | PK to 8 |
Rating | School | Distance |
|---|---|---|
Kaala Elementary School PublicPK to 5 | ||
Wahiawa Middle School Public6 to 8 | ||
Leilehua High School Public9 to 12 | ||
Kamalani Academy CharterPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Fogarty Realty, Inc., Mike Tavepholjalern, License #RS-28810