| Description | Unlock the potential of this leasehold opportunity with the option to extend the lease through 2055 when financed with a mortgage. This spacious two-story unit features a generous living area on the main level, complete with a convenient half bath - perfect for everyday living and entertaining. Upstairs, you'll find three comfortable bedrooms and a full bath, providing a functional layout for a variety of living needs. The low-maintenance outdoor spaces offer privacy and space for outdoor enjoyment. An incredible opportunity for both owner-occupants and investors alike, this property is ideal for those looking to add value with updates and improvements. Ideally situated near schools, shopping, and some of the area's most beautiful beaches, you'll enjoy easy access to ocean activities and the relaxed island lifestyle. A rare chance to secure a home at an attractive entry point. Ideal for buyers ready to make it their own. |
|---|---|
| Status | Sold since 04-16-2026 |
| MLS# | 202607654 |
| Price | $109,950 |
| Original Price | $109,950 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 3 / 1 / 1 |
| Parking Spaces | 2 |
| Living Sq Ft | 951 |
| Land Tenure | LH - Leasehold |
| Maintenance Fee | $300 |
| Building | Ulu Wehi |
| Address | 85-128 Ala Walua Street B Waianae HI 96792 |
| Region | Leeward |
| Neighborhood | Waianae |
| Days on Market | 28 |
| Year Built | 1974 |
| Condition | Needs Major Repair |
| View | Mountain |
| Parking | Assigned, Open - 2 |
| Zoning | 05 - R-5 Residential District |
| Flood Zone | Zone X |
| Elementary | Kamaile |
| Middle | Waianae |
| High | Waianae |
| Tax Amount | $84 |
| Assessed Land | $210,100 |
| Assessed Building | $78,500 |
| Assessed Total | $288,600 |
| Assessed Ratio | 38% |
| Inclusions | None |
| Amenities | Patio/Deck, Private Yard, Resident Manager, Storage, Wall/Fence |
| Construction | Double Wall |
| Flooring | Laminate, W/W Carpet |
| Disclosures | Pets Allowed (Verify), See Remarks |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | Lender Sale |
| Building Style | No Unit Above or Below, PUD |
| Security | Key |
| Notice | Foreclosure |
| Leasehold | Lease rent $74 / 2039 · Buy fee |
| Parcel # | 1-8-5-024-090-0000 |
| Listing courtesy of | Foster Realty, Inc. |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-08-2026 | 202607654 | Sold | C | S | $109,950 | $100,000 | $288,600 | $210,100 | $78,500 |
| 06-24-2026 | 202607654 | Active Under Contract | A | C | $109,950 | $100,000 | $288,600 | $210,100 | $78,500 |
| 06-24-2026 | 202607654 | Back On Market | X | A | $109,950 | $100,000 | $288,600 | $210,100 | $78,500 |
| 06-17-2026 | 202607654 | Expired | C | X | $109,950 | $100,000 | $288,600 | $210,100 | $78,500 |
| 05-14-2026 | 202607654 | Active Under Contract | A | C | $109,950 | $100,000 | $288,600 | $210,100 | $78,500 |
| 04-16-2026 | 202607654 | New Listing | A | $109,950 | $100,000 | $288,600 | $210,100 | $78,500 | |
| 03-06-2026 | 202523686 | Cancelled | A | W | $134,950 | $0 | $288,600 | $210,100 | $78,500 |
| 01-20-2026 | 202523686 | Price Decrease | $149,900 | $134,950 | $134,950 | $0 | $288,600 | $210,100 | $78,500 |
| 11-19-2025 | 202523686 | Price Decrease | $159,950 | $149,900 | $134,950 | $0 | $288,600 | $210,100 | $78,500 |
| 10-20-2025 | 202523686 | New Listing | A | $134,950 | $0 | $288,600 | $210,100 | $78,500 | |
| 07-26-2004 | 2403311 | Pending | C | P | $110,000 | $110,000 | $39,900 | $12,600 | $27,300 |
| 03-16-2004 | 2403311 | New Listing | A | $110,000 | $110,000 | $39,900 | $12,600 | $27,300 | |
| 01-16-2002 | 2112002 | Withdrawn | C | W | $69,900 | $0 | $47,500 | $13,500 | $34,000 |
| 12-06-2001 | 2112002 | New Listing | A | $69,900 | $0 | $47,500 | $13,500 | $34,000 | |
| 03-02-2001 | 2009330 | Expired | A | X | $99,900 | $0 | $63,400 | $18,800 | $44,600 |
| 09-25-2000 | 2009330 | New Listing | A | $99,900 | $0 | $63,400 | $18,800 | $44,600 |
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