87-118 Alapaki St Waianae, HI 96792
Estimated payment $3,627/month
Highlights
- Building Patio
- Card or Code Access
- 2 Car Garage
- Views
- Bathroom on Main Level
- 4-minute walk to Maili Beach Park
About This Home
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.
Listing Agent
Locations LLC Brokerage Phone: (808) 690-9555 License #RS-71261 Listed on: 03/17/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,032
Year Built
- Built in 1942
Lot Details
- 5,000 Sq Ft Lot
- Property fronts a private road
- Fenced
- Level Lot
- Zoning described as 05 - R-5 Residential District
Parking
- 2 Car Garage
- Driveway
Home Design
- Wood Frame Construction
- Shingle Roof
- Asphalt Roof
Interior Spaces
- 1,245 Sq Ft Home
- 1-Story Property
- Property Views
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Listing and Financial Details
- Exclusions: Dryer,Washer
- Assessor Parcel Number 1-8-7-011-047-0000
Community Details
Amenities
- Building Patio
- Community Deck or Porch
- Community Storage Space
Additional Features
- Maili Subdivision
- Card or Code Access
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,145 | $580,500 | $350,000 | $230,500 |
| 2024 | $1,145 | $487,100 | $455,000 | $32,100 |
| 2023 | $855 | $484,400 | $455,000 | $29,400 |
| 2022 | $923 | $403,700 | $380,000 | $23,700 |
| 2021 | $814 | $372,700 | $300,000 | $72,700 |
| 2020 | $770 | $360,100 | $265,000 | $95,100 |
| 2019 | $766 | $298,900 | $265,000 | $33,900 |
| 2018 | $653 | $266,700 | $240,000 | $26,700 |
| 2017 | $830 | $317,100 | $225,000 | $92,100 |
| 2016 | $778 | $302,400 | $175,000 | $127,400 |
| 2015 | $614 | $255,300 | $150,000 | $105,300 |
| 2014 | -- | $226,800 | $125,000 | $101,800 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | For Sale | $649,000 | 0.0% | $521 / Sq Ft |
| 08/10/2025 08/10/25 | Off Market | $649,000 | -- | -- |
| 07/02/2025 07/02/25 | For Sale | $649,000 | 0.0% | $521 / Sq Ft |
| 06/16/2025 06/16/25 | Off Market | $649,000 | -- | -- |
| 04/25/2025 04/25/25 | Price Changed | $649,000 | -7.2% | $521 / Sq Ft |
| 03/17/2025 03/17/25 | For Sale | $699,000 | -- | $561 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $28,759 | None Available | |
| Limited Warranty Deed | $67,500 | -- | |
| Commissioners Deed | $81,100 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $75,000 | Credit Line Revolving | |
| Previous Owner | $100,000 | Credit Line Revolving |
Source: HiCentral MLS (Honolulu Board of REALTORS®)
MLS Number: 202505421
APN: 1-8-7-011-047-0000
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.
Some of the active listings appearing on this site may be listed by other REALTORS(R). If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
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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