87-274D St John's Road
Waianae, HI 96792
$2,500,000
Price
15
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Description
Five houses. A prime investment opportunity in Waianae, Hawaii, offering exceptional value in Hawaii’s most promising market. This newly redeveloped multi-family property on St. John's Road sits on 28,785 SF of R-5 zoned land and features five turnkey homes, each with 3 bedrooms, 2 bathrooms, and a two-car carport, making it attractive for 1031 exchange investors seeking high income-generating potential with a stabilized gross monthly income of $13,000. With competitive pricing, this property stands...Five houses. A prime investment opportunity in Waianae, Hawaii, offering exceptional value in Hawaii’s most promising market. This newly redeveloped multi-family property on St. John's Road sits on 28,785 SF of R-5 zoned land and features five turnkey homes, each with 3 bedrooms, 2 bathrooms, and a two-car carport, making it attractive for 1031 exchange investors seeking high income-generating potential with a stabilized gross monthly income of $13,000. With competitive pricing, this property stands out in the local market, offering strong return on investment. Each home is upgraded with new walls, paint, flooring, high-end fixtures, and modern kitchens, along with private, spacious yards and separate electric meters. Located on a peaceful cul-de-sac, the master suites feature en-suite bathrooms with showers, while second bathrooms include tubs for added convenience. Key investment features:
Modern kitchens with new appliances (refrigerator and stove)
Expansive, fenced yards with washer/dryer hookups
Two-car carports for each home
All homes are legally permitted with potential for CPR (Condominium Property Regime) development, further enhancing long-term investment value.
Modern kitchens with new appliances (refrigerator and stove)
Expansive, fenced yards with washer/dryer hookups
Two-car carports for each home
All homes are legally permitted with potential for CPR (Condominium Property Regime) development, further enhancing long-term investment value.
- Listed by Ash Tawfik • License #RB-17655 • Hawaii Real Estate Properties • (808) 218-0864
Property Details for 87-274D St John's Road
View
None
Zoning05 - R-5 Residential District
NeighbourhoodMAILI
Flood ZoneZone X
Stories/LevelsOne
Land TenureFS - Fee Simple
LISTING UPDATED: 09/25/2024 06:00 PM
Property Details for 87-274D St John's Road
| Status | Active |
|---|---|
| MLS # | 202226278 |
| Days on Market | 623 |
| Taxes | $347 / month |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Multi-Family |
| Year Built | 1946 |
| Lot Size | 0.66 AC / 28,785 SF |
| County | Honolulu County |
Building Information for 87-274D St John's Road
Stories-Residences5Year Built1946Building Size-Lot Size0.66 AC / 28,785 SF
Property Information for 87-274D St John's Road
Summary
Location and General Information
- Topography: Level
- City: Waianae
- County Or Parish: Oahu
- State Or Province: HI
- Location: Cul-De-Sac
Taxes and HOA Information
- Tax Amount: $347.00
- Tax Assessed Value: $1,189,600.00
- Tax Assessed Value Improvements: $81,200.00
- Tax Assessed Value Land: $1,108,400.00
- Tax Year: 2022
- Parcel Number: 1-8-7-004-022-0000
- HOA YN: No
School Information
- Elementary School: Maili
- High School: Waianae
- Middle Or Junior School: Waianae
Parking
- Parking Features: Covered
- Parking Total: 12
- Other Parking Features: None
Property
Lot Information
- Property Sub Type: Multi-Family
- Property Type: Multi-Family
- Land Recorded: Dual Systems
- Lot Features: Flag Lot
- Lot Size Area: 28785.0
- Year Built: 1946
- Year Remodeled: 2022
- Building Type: Multi Dwellings
Property and Assessments
- Photo Count: 23
- Property Condition: Excellent
- Special Listing Conditions: None
- Disclosures: None
- Foreclosure: No
- Set Backs: None
- Supplement Count: 0
- TMK Area: 187
- TMK Condo Property Regime Number: 0
- TMK Division: 1
- TMK Parcel: 22
- TMKPLAT: 4
- TMK Section: 7
- TMK Zone: 8
Utilities
- Utilities: Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
- Sewer: Connected
- Utilities Meters: Electric, Individual
Interior and Exterior Features
Exterior Features
- Amenities: None
- Construction Materials: Double Wall, Wood Frame
- Easements: None
- Elevators Number Of: 0
- Recreation Facilities: None
- Roof: Asphalt Shingle
Interior Features
- Laundry Facilities: None
Multi Family
Multi-Family Information
- Studio Units Number Of: 0
- Unit One Number Of Bed: 0
- Unit Three Number Of Bed: 5
- Unit Two Number Of Bed: 0
- Number Of Units Total: 5
Income & Expenses
- Total Annual Operating Expenses: $20,472.00
- Total Income: $156,000.00
- Expenses Include: Insurance, Property Tax, Sewer Fee
- Net Operating Income: $135,528.00
- Other Income: $.00
Agent
Sale and Listing
- DOM: 539
- Listing Service: Full Service
- MLS: HI Central
- MLS Area Major: Leeward
- Status: Active
- Public Remarks: FIVE HOUSES. A prime investment opportunity in Waianae, Hawaii, offering exceptional value in Hawaii’s most promising market. This newly redeveloped multi-family property on St. John's Road sits on 28,785 SF of R-5 zoned land and features five turnkey homes, each with 3 bedrooms, 2 bathrooms, and a two-car carport, making it attractive for 1031 exchange investors seeking high income-generating potential with a stabilized gross monthly income of $13,000. With competitive pricing, this property stands out in the local market, offering strong return on investment. Each home is upgraded with new walls, paint, flooring, high-end fixtures, and modern kitchens, along with private, spacious yards and separate electric meters. Located on a peaceful cul-de-sac, the master suites feature en-suite bathrooms with showers, while second bathrooms include tubs for added convenience. Key investment features: Modern kitchens with new appliances (refrigerator and stove) Expansive, fenced yards with washer/dryer hookups Two-car carports for each home All homes are legally permitted with potential for CPR (Condominium Property Regime) development, further enhancing long-term investment value.
- Possession: At Closing
Showing and Remarks
- Showing Instructions: Appointment Only, Call Listor
Rental
Rent Information
- Tenants Responsibilities Include: Cable TV, Electricity, Water
- Total Actual Rent: $13,000.00
Property History for 87-274D St John's Road
| 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.
Schools near 87-274D St John's Road
This home is within Hawaii Department Of Education.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 8 |
Rating | School | Distance |
|---|---|---|
Maili Elementary School PublicPK to 6 | ||
Waianae Intermediate School Public7 to 8 | ||
Waianae High School Public9 to 12 | ||
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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near Maili
Neighborhoods
Cities
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 Hawaii Real Estate Properties, Ash Tawfik, License #RB-17655