| Description | Amazing and unbelievable 8% CAP rate which is unheard of on Oahu! Owner did all the hard work so you can take over a turn key operation. All 8 units have been completely renovated, all units rewired from the meter, new rough in plumbing, new supply lines, descaled sewer line, exterior paint, new fuses including GFCI circuit breakers, new outlets, switches, and light fixtures, rebuilt stairs and rails. You can pay 40%-60% more for a similar building in town but the rents are not proportionally higher so it is a no brainer that there is value in Waipahu! |
|---|---|
| Status | Active since 10-01-2025 |
| MLS# | 202521549 |
| Price | $2,343,563 |
| Original Price | $2,343,563 |
| Price Change | (0.00%) |
| Studio Units | 0 |
| One Bed Units | 0 |
| Two Bed Units | 8 |
| Three Bed Units | 0 |
| Land Sq Ft | 7,876 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 94-246 Aniani Place Waipahu HI 96797 |
| Region | Waipahu |
| Neighborhood | Waipahu-Lower |
| Days on Market | 361 |
| Year Built | 1961 |
| Year Remodeled | 1990 |
| Condition | Above Average |
| View | None |
| Parking | Assigned, Open |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone X |
| Tax Amount | $408 |
| Assessed Land | $1,050,600 |
| Assessed Building | $350,600 |
| Assessed Total | $1,401,200 |
| Assessed Ratio | 167% |
| Utilities | Overhead Electricity, Public Water, Sewer Fee, Telephone, Water |
| Construction | Hollow Tile, Single Wall, Wood Frame |
| Lot Features | Clear |
| Disclosures | None |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Level |
| Roofing | Other |
| Easements | None |
| Parcel # | 1-9-4-025-027-0000 |
| Listing courtesy of | Ivy K Realty, LLC |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 10-01-2025 | 202521549 | New Listing | A | $2,343,563 | $0 | $1,401,200 | $1,050,600 | $350,600 | |
| 12-25-2023 | 202325752 | Sold | C | S | $1,100,000 | $1,150,000 | $1,243,700 | $1,089,500 | $154,200 |
| 11-20-2023 | 202325752 | Active Under Contract | A | C | $1,100,000 | $1,150,000 | $1,243,700 | $1,089,500 | $154,200 |
| 11-17-2023 | 202325752 | New Listing | A | $1,100,000 | $1,150,000 | $1,243,700 | $1,089,500 | $154,200 | |
| 07-27-2012 | 1109208 | Expired | A | X | $799,000 | $0 | $703,900 | $499,700 | $204,200 |
| 07-27-2011 | 1109208 | New Listing | A | $799,000 | $0 | $703,900 | $499,700 | $204,200 | |
| 08-18-2010 | 2911089 | Expired | A | X | $799,000 | $0 | $774,000 | $577,500 | $196,500 |
| 08-18-2009 | 2911089 | New Listing | A | $799,000 | $0 | $774,000 | $577,500 | $196,500 | |
| 04-05-2009 | 2808080 | Price Decrease | $869,000 | $799,000 | $799,000 | $0 | $769,100 | $577,500 | $191,600 |
| 05-13-2008 | 2808080 | New Listing | A | $799,000 | $0 | $769,100 | $577,500 | $191,600 | |
| 04-03-2008 | 2712204 | Withdrawn | A | W | $869,000 | $0 | $769,100 | $577,500 | $191,600 |
| 10-10-2007 | 2712204 | Price Decrease | $895,000 | $869,000 | $869,000 | $0 | $769,100 | $577,500 | $191,600 |
| 06-27-2007 | 2712204 | New Listing | A | $869,000 | $0 | $769,100 | $577,500 | $191,600 | |
| 05-30-2007 | 2610183 | Expired | A | X | $895,000 | $0 | $658,000 | $478,200 | $179,800 |
| 10-02-2006 | 2610183 | Back On Market | C | A | $895,000 | $0 | $658,000 | $478,200 | $179,800 |
| 08-14-2006 | 2610183 | Active Continue to Show | A | C | $895,000 | $0 | $658,000 | $478,200 | $179,800 |
| 07-18-2006 | 2610183 | Back On Market | C | A | $895,000 | $0 | $658,000 | $478,200 | $179,800 |
| 06-20-2006 | 2610183 | Active Continue to Show | A | C | $895,000 | $0 | $658,000 | $478,200 | $179,800 |
| 05-30-2006 | 2610183 | New Listing | A | $895,000 | $0 | $658,000 | $478,200 | $179,800 | |
| 06-09-2005 | 2504070 | Sold | C | S | $675,000 | $655,000 | $526,800 | $350,200 | $176,600 |
| 04-29-2005 | 2504070 | Active Continue to Show | A | C | $675,000 | $655,000 | $526,800 | $350,200 | $176,600 |
| 04-18-2005 | 2504070 | Back On Market | C | A | $675,000 | $655,000 | $526,800 | $350,200 | $176,600 |
| 03-22-2005 | 2403099 | Withdrawn | X | W | $650,000 | $0 | $259,400 | $157,500 | $101,900 |
| 03-19-2005 | 2504070 | Active Continue to Show | A | C | $675,000 | $655,000 | $526,800 | $350,200 | $176,600 |
| 03-19-2005 | 2504070 | New Listing | A | $675,000 | $655,000 | $526,800 | $350,200 | $176,600 | |
| 03-11-2005 | 2403099 | Expired | C | X | $650,000 | $0 | $259,400 | $157,500 | $101,900 |
| 10-28-2004 | 2403099 | Active Continue to Show | A | C | $650,000 | $0 | $259,400 | $157,500 | $101,900 |
| 10-25-2004 | 2403099 | Back On Market | C | A | $650,000 | $0 | $259,400 | $157,500 | $101,900 |
| 03-18-2004 | 2403099 | Active Continue to Show | A | C | $650,000 | $0 | $259,400 | $157,500 | $101,900 |
| 03-11-2004 | 2403099 | New Listing | A | $650,000 | $0 | $259,400 | $157,500 | $101,900 | |
| 01-31-2003 | 2301359 | New Listing | A | $475,000 | $460,000 | $259,400 | $157,500 | $101,900 | |
| 01-06-1999 | 9801830 | Expired | A | X | $598,000 | $0 | $492,000 | $343,800 | $148,200 |
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