| 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. |
|---|---|
| Status | Sold since 03-17-2025 |
| MLS# | 202505421 |
| Price | $599,000 |
| Original Price | $699,000 |
| Price Change | $-100,000 (-14.31%) |
| Beds / Baths / Half | 4 / 2 / 0 |
| Parking Spaces | 2 |
| Living Sq Ft | 1,245 |
| Land Sq Ft | 5,000 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 87-118 Alapaki Street Waianae HI 96792 |
| Region | Leeward |
| Neighborhood | Maili |
| Days on Market | 243 |
| Year Built | 1942 |
| Condition | Average |
| View | Mountain |
| Frontage | Other |
| Pool | None |
| Parking | 2 Car, Driveway, Street |
| Zoning | 05 - R-5 Residential District |
| Flood Zone | Zone X |
| Tax Amount | $169 |
| Assessed Land | $350,000 |
| Assessed Building | $230,500 |
| Assessed Total | $580,500 |
| Assessed Ratio | 103% |
| Inclusions | Disposal, Range/Oven, Refrigerator, Smoke Detector, Water Heater |
| Amenities | Bedroom on 1st Floor, Full Bath on 1st Floor, Patio/Deck, Storage, Wall/Fence |
| Utilities | Cable, Connected, Internet, Overhead Electricity, Public Water, Sewer Fee |
| Construction | Above Ground, Double Wall, Single Wall, Wood Frame |
| Lot Features | Clear |
| Flooring | Laminate, Vinyl, W/W Carpet |
| Disclosures | Pets Allowed (Verify), Property Disclosure Stmt |
| Furnished | None |
| Land Recorded | Regular System |
| Possession | 45 Days or Less |
| Sale Conditions | None |
| Topography | Level |
| Building Style | Detach Single Family, Multiple Dwellings |
| Roofing | Asphalt Shingle |
| Easements | None |
| Security | Key |
| Parcel # | 1-8-7-011-047-0000 |
| Listing courtesy of | Locations LLC |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 02-02-2026 | 202505421 | Sold | C | S | $599,000 | $575,000 | $580,500 | $350,000 | $230,500 |
| 12-26-2025 | 202505421 | Active Under Contract | A | C | $599,000 | $575,000 | $580,500 | $350,000 | $230,500 |
| 11-19-2025 | 202505421 | Price Decrease | $629,000 | $599,000 | $599,000 | $575,000 | $580,500 | $350,000 | $230,500 |
| 10-10-2025 | 202505421 | Price Decrease | $649,000 | $629,000 | $599,000 | $575,000 | $580,500 | $350,000 | $230,500 |
| 09-04-2025 | 202505421 | Back On Market | T | A | $599,000 | $575,000 | $580,500 | $350,000 | $230,500 |
| 08-10-2025 | 202505421 | Hold | A | T | $599,000 | $575,000 | $580,500 | $350,000 | $230,500 |
| 07-02-2025 | 202505421 | Back On Market | T | A | $599,000 | $575,000 | $580,500 | $350,000 | $230,500 |
| 06-16-2025 | 202505421 | Hold | A | T | $599,000 | $575,000 | $580,500 | $350,000 | $230,500 |
| 04-25-2025 | 202505421 | Price Decrease | $699,000 | $649,000 | $599,000 | $575,000 | $580,500 | $350,000 | $230,500 |
| 03-17-2025 | 202505421 | New Listing | A | $599,000 | $575,000 | $580,500 | $350,000 | $230,500 | |
| 09-27-2002 | 2205323 | Sold | P | S | $67,500 | $67,500 | $91,000 | $65,000 | $26,000 |
| 08-26-2002 | 2205323 | Price Decrease | $69,900 | $67,500 | $67,500 | $67,500 | $91,000 | $65,000 | $26,000 |
| 07-26-2002 | 2205323 | Back On Market | P | A | $67,500 | $67,500 | $91,000 | $65,000 | $26,000 |
| 07-18-2002 | 2205323 | Pending | A | P | $67,500 | $67,500 | $91,000 | $65,000 | $26,000 |
| 07-02-2002 | 2205323 | Price Decrease | $84,500 | $74,500 | $67,500 | $67,500 | $91,000 | $65,000 | $26,000 |
| 05-30-2002 | 2205323 | New Listing | A | $67,500 | $67,500 | $91,000 | $65,000 | $26,000 |
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