| Description | RARE MULTI-FAMILY OPPORTUNITY in Waimalu, Pearl City! This exceptional LEVEL 12,903 sq ft R-5 zoned lot offers tremendous potential for investors and owner-occupants. Tucked away along Waimalu Stream, the property features privacy and multiple existing structures offering flexible living options. The front dwelling includes 3 bd/2ba plus bonus room w/wet bar and a separate rear structure offers 3bd/1ba, with an additional studio unit. This sprawling, level lot offers incredible flexibility to renovate, expand or reimagine to match your vision. Prime location near Waimalu shopping center, restaurants, freeway access, Pearlridge Center, Pearl Harbor, rail station and more! Property to be sold in AS IS condition. Bring your contractor and unlock the potential! First Open House on Sunday, 5/3 from 2pm to 5pm. VALUE priced well below tax assessed value. Approximate boundary lines are shown in red outline for illustrative purposes only. Property boundaries and any easements should be verified by Buyer. |
|---|---|
| Status | Sold since 04-30-2026 |
| MLS# | 202602044 |
| Price | $999,000 |
| Original Price | $999,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 7 / 4 / 0 |
| Parking Spaces | 8 |
| Living Sq Ft | 1,600 |
| Land Sq Ft | 12,903 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 98-164 Pahemo Street Aiea HI 96701 |
| Region | Pearl City |
| Neighborhood | Waimalu |
| Days on Market | 5 |
| Year Built | 1972 |
| Condition | Needs Major Repair,Tear Down |
| View | None |
| Frontage | Stream/Canal |
| Pool | None |
| Parking | 3 Car+ |
| Zoning | 05 - R-5 Residential District |
| Flood Zone | Zone AE |
| Tax Amount | $281 |
| Assessed Land | $951,500 |
| Assessed Building | $194,400 |
| Assessed Total | $1,145,900 |
| Assessed Ratio | 87% |
| Inclusions | None |
| Utilities | Connected, Overhead Electricity, Water |
| Construction | Single Wall |
| Lot Features | Flag Lot |
| Flooring | Other |
| Disclosures | Property Disclosure Stmt |
| Furnished | None |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Level |
| Building Style | Detach Single Family, Multiple Dwellings |
| Roofing | Other |
| Easements | Drainage, Electric |
| Parcel # | 1-9-8-024-063-0000 |
| Listing courtesy of | Koi Realty |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 06-04-2026 | 202602044 | Sold | C | S | $999,000 | $1,200,000 | $1,145,900 | $951,500 | $194,400 |
| 05-05-2026 | 202602044 | Active Under Contract | A | C | $999,000 | $1,200,000 | $1,145,900 | $951,500 | $194,400 |
| 05-01-2026 | 202602044 | New Listing | A | $999,000 | $1,200,000 | $1,145,900 | $951,500 | $194,400 |
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