NOT LISTED FOR SALE

304 Ohai Place Wahiawa, HI 96786

Estimated Value: $1,844,000 - $3,038,298

3 Beds
2 Baths
5,492 Sq Ft
$451/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $2,700,000 $492 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $13,946/month

49 Days on Market

Highlights

  • Lake Front
  • Leilehua High School Rated A-
  • Gentle Sloping Lot

About This Home

As of July 2021

Income property in Wahiawa Town! Wonderful opportunity for a cash flow investor, with a solid rent roll. $16K+ gross rents per month! 5%+ cap rate on actual cash flow! 14 total units: (12) 2-bedroom units and (2) 1-bedroom units. 14 parking. New fence surrounds the property for added privacy/security. Location convenient to many amenities nearby: shopping, restaurants, and much more in charming Wahiawa Town, 30min to Haleiwa.

Last Agent to Sell the Property

Frances Gendrano

KFG Properties, Inc. License #RB-19601 Listed on: 05/12/2021

Co-Listed By

Shannon Ball

KFG Properties, Inc. License #RB-22202

Last Buyer's Agent

Thompson Pham

Five Star Realty, Inc. License #RB-22840

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,017

Year Built

  • Built in 1965 | Remodeled in 1969

Lot Details

  • 10,055 Sq Ft Lot
  • Lake Front
  • Gentle Sloping Lot
  • Property is in average condition

Interior Spaces

  • 5,492 Sq Ft Home
  • 3-Story Property

Parking

  • 14 Parking Spaces
  • Covered Parking
  • Open Parking
  • Assigned Parking

Schools

  • Kaala Elementary School
  • Wahiawa Middle School
  • Leilehua High School

Utilities

  • Sewer Tap Fee
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • 14 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,017

Year Built

Built in 1965 | Remodeled in 1969

Lot Details

0

Listing Details

  • PropertyFrontage: Lake/Pond
  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Fill Sq Ft Total: 5492
  • Stories Type: Three
  • Year Built: 1965
  • Year Renovated: 1969
  • Special Features: None
  • Stories: 3

Interior Features

  • Amenities: Other

Exterior Features

  • Construction Type: Above Ground, Concrete, Hollow Tile, Other
  • Easements: Other
  • Flood Zone: Zone D
  • Lot Features: Other
  • Property Condition: Average
  • Topography: Gentle Slope, Other
  • View: Other

Garage/Parking

  • Parking Features: Assigned, Covered, Open
  • Total Parking Spaces: 14

Utilities

  • Utilities: Cable, Internet, Other, Public Water, Sewer Fee, Telephone, Water
  • Sewer: Connected

Schools

  • Elementary School: Kaala
  • Middle School: Wahiawa
  • High School: Leilehua
  • Elementary School: Kaala
  • High School: Leilehua
  • Middle Or Junior School: Wahiawa

Multi Family

  • Number Of Units Total: 14

Tax Info

  • Tax Annual Amount: 6017.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jul 27, 2021
Sold by
Amico Hawaii Llc
Bought by
Diamond Capital 1 Llc
Seller's Agent
Frances Gendrano
KFG Properties, Inc.
Buyer's Agent
Thompson Pham
Five Star Realty, Inc.
List Price
$2,700,000
Sold Price
$2,700,000
Current Estimated Value
$2,475,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$224,567
Avg. Annual Appreciation
0.63%
Original Mortgage
$1,987,000
Outstanding Balance
$1,811,489
Interest Rate
2.93%
Mortgage Type
Commercial
Estimated Equity
$959,498

Purchase Details

Closed on
Jun 24, 2013
Sold by
Wong Rodney Kwock Ming and Wong June Mieko Kido
Bought by
Amico Hawaii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
3.48%

Purchase Details

Closed on
Nov 14, 2002
Sold by
Reichenberg Joel and Reichenberg Jacklein
Bought by
Reichenberg Joel and Reichenberg Jacklein

Purchase Details

Closed on
Aug 29, 2002
Sold by
Hisamoto Howard Etsuo and Kanemaru Terri Asako
Bought by
Reichenberg Joel and Reichenberg Jacklein

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.43%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Diamond Capital 1 Llc $2,700,000 Tg
Amico Hawaii Llc $5,000 Or
Amico Hawaii Llc $5,000 Or
Reichenberg Joel -- Old Republic Title & Escrow
Reichenberg Joel $475,000 Old Republic Title
Hisamoto Howard Etsuo $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diamond Capital 1 Llc $350,000
Open Diamond Capital 1 Llc $1,987,000
Previous Owner Amico Hawaii Llc $950,000
Previous Owner Reichenberg Joel $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $2,700,000 0.0% $492 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $2,700,000 -- $492 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,090 $2,615,400 $1,305,400 $1,310,000
2024 $9,090 $2,597,000 $1,305,400 $1,291,600
2023 $8,286 $2,578,200 $1,305,400 $1,272,800
2022 $8,286 $2,367,300 $1,154,700 $1,212,600
2021 $5,489 $1,568,400 $1,004,100 $564,300
2020 $6,017 $1,719,000 $1,103,000 $616,000
2019 $5,291 $1,632,400 $1,002,800 $629,600
2018 $5,291 $1,511,600 $902,500 $609,100
2017 $5,437 $1,553,400 $752,100 $801,300
2016 $5,136 $1,467,500 $661,800 $805,700
2015 $4,999 $1,428,200 $641,800 $786,400
2014 -- $1,385,300 $621,700 $763,600
Source: Public Records

Agents Affiliated with this Home

  • Frances Gendrano

    Seller's Agent in 2021

    Frances Gendrano

    KFG Properties, Inc.

    (808) 454-2422

    2 in this area

    81 Total Sales

    Frances Gendrano
    Section Image
  • Shannon Ball

    Seller Co-Listing Agent in 2021

    Shannon Ball

    KFG Properties, Inc.

    (808) 349-5989

    2 in this area

    66 Total Sales

    Shannon Ball
    Section Image
  • Thompson Pham

    Buyer's Agent in 2021

    Thompson Pham

    Five Star Realty, Inc.

    (808) 961-8201

    2 in this area

    114 Total Sales

    Thompson Pham
    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202112134

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-7-3-001-040-0000

Hawaii Honolulu County Wahiawa 96786

304 Ohai Place, Wahiawa, HI

This home is located at 304 Ohai Place, Wahiawa, HI 96786 since 12 May 2021 and is currently estimated at $2,475,433, approximately $450 per square foot. This property was built in 1965. 304 Ohai Place is a home located in Honolulu County with nearby schools including Ka'ala Elementary School, Wahiawa Middle School, and Leilehua High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd

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