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84-956 Hanalei St, Waianae, HI, 96792

--beds
0baths
--sqft
$1,765,000
--price/sqft
$10,278/moest. monthly cost
$411,120/yrincome needed

About This Home

ATTENTION INVESTORS – STRONG CASH FLOW OPPORTUNITY! Don’t miss this income-producing multi-unit property in Waianae generating $10,971/month in rental income with a solid 6.5% cap rate. Monthly expenses remain low with property taxes at just $304/month and combined water/electric averaging $1,100/month, creating excellent cash flow potential. Property features multiple units with new roofs on the front two structures and is currently in the process of obtaining permits for separate water and electrical meters, adding future value and flexibility. This property is also CPR’able, offering potential for additional upside and exit strategies. Conveniently located near beaches, shopping, schools, and dining in Waianae, making it attractive to long-term tenants. Just minutes to Pokai Bay, Tamura’s Market, and local parks. Financing options include VA loan eligibility, making this a rare opportunity for both investors and owner-occupants. Strong income. Value-add potential. Multiple exit strategies. Secure your next investment today!

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

8/10
Anuenue SchoolGrades PK-1229.2 mi
2/10
1/10
Waianae High SchoolGrades 9-120.9 mi

Construction

Condition

  • Property condition: Average Condition
  • Year built: 1936

Materials

  • Construction materials: Single Wall,Wood Frame

Notable Dates

  • Major remodel year: 1946

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: In Unit

Property

Details

  • Parcel number: 1840120160000
  • Zoning description: 05 - R-5 Residential District
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes
  • View description: Mountain(s)
  • Topography of land: Level

Lot

  • Features: Other,Level

Parking

  • Total spaces: 8
  • Parking features: Assigned,Covered,Open
  • Has uncovered spaces: Yes