$5,000,000
RENTED JUL 11, 2025

Estimated payment $28,224/month

Total Views 4,427
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 12,000 Sq Ft lot
  • Coin Laundry
  • 2-minute walk to McCully District Park
  • Tandem Parking
  • Level Lot

About This Home

Tucked away on a quiet McCully side-street, 2009 Waiola Street is a wonderful 11-unit investment opportunity in an ultra-convenient location. This property includes 3 structures; a single level, 2-unit structure that includes yard space, plus two separate 2-story units, with room for parking for each unit. The property is partially tenanted. Inquire for rental performance. Great location nearby McCully shopping center, plus easy access to UH Manoa, Ala Moana area, freeways, and more. Interior photos represent the condition of 1 of the 11 units, available for showings.

Listing Agent

Joe Jeong

Sachi HI Pacific Century Prop. Brokerage Phone: (808) 596-8801 License #RS-83422 Listed on: 02/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,684

Year Built

  • Built in 1942

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property

Laundry

  • Dryer
  • Washer

Parking

  • 11 Parking Spaces
  • Covered Parking
  • Tandem Parking
  • Open Parking
  • Assigned Parking

Listing and Financial Details

  • Assessor Parcel Number 1-2-7-001-040-0000

Community Details

Overview

  • 11 Units
  • Moiliili Subdivision

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $42,955
  • Net Operating Income $166,325

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,684

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Architectural Style: Fourplex
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1942
  • Attribution Contact: (808) 596-8801
  • CommunityFeatures: None
  • Road Frontage Type: Other
  • LaundryFeatures: Coin-operated
  • NAV29_Unit_1_Appliances: Dryer, Washer
  • MLS Status: Active
  • Subdivision Name: MOILIILI
  • Unit Levels: Two
  • Roof: Asphalt, Other, Shingle
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 2

Exterior Features

  • Construction Type: Double Wall, Wood Frame
  • Lot Features: Cleared, Other, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: 1031 Exchange

Garage/Parking

  • Parking Features: Assigned, Covered, Open, Tandem
  • Total Parking Spaces: 11.0
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, High Speed Internet Available, Phone Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Lot Info

  • Parcel Number: 1-2-7-001-040-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 11
  • Net Operating Income: 166325.0
  • Annual Operating Expense: 42955.0
  • Tenant Pays: Air Conditioning, Cable TV, Electricity
  • Total Actual Rent: 17390.0

Tax Info

  • Tax Annual Amount: 6684.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Rented $1,300 0.0% --
07/06/2025 07/06/25 For Rent $1,300 0.0% --
02/04/2025 02/04/25 For Sale $5,000,000 0.0% --
02/04/2025 02/04/25 Rented $1,550 0.0% --
01/17/2025 01/17/25 For Rent $1,550 0.0% --
06/27/2024 06/27/24 Rented $1,550 0.0% --
06/14/2024 06/14/24 For Rent $1,550 0.0% --
04/29/2016 04/29/16 Sold $3,200,000 -2.4% $710 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $3,280,000 +56.2% $728 / Sq Ft
08/30/2013 08/30/13 Sold $2,100,000 -14.3% $368 / Sq Ft
07/31/2013 07/31/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $2,450,000 -- $429 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202502771

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 2-7-001-040