87-118 Alapaki Street, Waianae, HI 96792

$575,000
4
BD
2
BA
1,245
SqFt

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Sold Price
$575,000
List Price
$599,000
MLS #
202505421
Days on Market
322
Closing Date
Feb 02, 2026
Status
CLOSED
Type
Single Family Residential
Bedrooms
4
Full Baths
2
Living Area
1,245
Land Area
5,000
Land Tenure
FS - Fee Simple
Neighborhood
Maili
Subdivision
Maili

Property Description

TWO DETACHED HOMES FOR THE PRICE OF ONE! LEGAL non-conforming Two-Homes-One-One-Lot property a stone's throw from beautiful, white-sand Tumblelands beach! Live in one and rent the other to help pay the mortgage. Both detached homes have newly painted exteriors and are located on one 5,000 sq. ft. lot (NOT A CPR) with separate electric meters (one water meter), separate walkways, individual water heater hookups, and separate fully-fenced yards. Front home 916 sq. ft., single wall construction with 3 bedrooms, 1 bath, newer roof (2019), kitchen, living room, driveway, storage, and mango and citrus trees. Back home: Approx. 329 sq. ft., double-wall construction with 1 bedroom, 1 bath, kitchen, living room, and huge lanai. Perfect property for investors, multi-family, and owner occupant(s) that want to live in one home and rent out the other home. One range electrical outlet and one water heater need replacing. Close to Waianae Comp hospital, restaurants, beaches. Room counts and square footage in MLS do not match tax records. Potential CAP RATE about 6% with pro-forma rents of $1,800/mo and $2,200/mo respectively and insurance and property tax expenses.

Additional Information

Island
Oahu
Utilities
Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Other, Sewer Available, Water Available
View
Mountain(s)
Lot Size
5,000
Construction Materials
Double Wall, Single Wall, Wood Frame
Pool Features
None
Neighborhood
Maili
Frontage
Other
Furnished
Unfurnished
Year Built
1942
Garage Spaces
2
Hoa Fee Includes
None
Inclusions
Disposal, Range/Oven, Refrigerator, Smoke Detector, Water Heater
Parking Features
Driveway, Two Car Garage, Two Spaces, On Street
Lot Features
Cleared, Dead End, Interior Lot, Level
Style
Detached, Multiplex
Stories
1
Assessed Total
580500
Water
Public
Pets Allowed
Call

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Calculator source: Real Geeks

Listing courtesy of Locations LLC. Selling Office: Real Broker.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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