$1,625,000
PENDING $75K PRICE DROP

98-93 Lokowai Place Aiea, HI 96701

Estimated payment $9,107/month

Total Views 9,139
-- Bed
-- Bath
3,432 Sq Ft
$473 Price per Sq Ft

About This Home

NEW PRICE for this 2-story apartment building in cul-de-sac offers six 2-bedroom, 1-bathroom units with three on the lower level and three on the second level. Building contains a total interior square footage of 3,400 + square feet and is situated on a level 8,000 square foot lot. Exterior construction is hollow tile construction on ground floor with single wall/wood frame construction on upper level. 4 uncovered parking stalls are also available. Electricity is separately metered. Property is approximately a tenth of a mile from the Waimalu Shopping Center and approximately a quarter mile away from the Kalauao Pearlridge Station. Property to be sold in "AS IS" condition. Photos of the interior of two of the apartments were taken before the tenants took occupancy.

Listing Agent

John Uyemura

KMJ Realty LLC Brokerage Phone: (808) 521-5655 License #RB-13253 Listed on: 09/13/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,388

Year Built

  • Built in 1959

Lot Details

  • 8,018 Sq Ft Lot
  • Level Lot

Interior Spaces

  • 3,432 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Parking

  • 4 Parking Spaces
  • Open Parking
  • Assigned Parking

Listing and Financial Details

  • Assessor Parcel Number 1-9-8-010-037-0000

Community Details

Overview

  • 6 Units
  • Waimalu Subdivision

Building Details

  • Operating Expense $21,932
  • Net Operating Income $64,516

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,388

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1959
  • Attribution Contact: (808) 521-5655
  • CommunityFeatures: None
  • Road Frontage Type: Other
  • LaundryFeatures: In Unit
  • MLS Status: Pending
  • Subdivision Name: WAIMALU
  • Unit Levels: Two
  • Roof: Other
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Stories: 2

Exterior Features

  • Construction Type: Hollow Tile, Single Wall
  • Lot Features: Cul-De-Sac, Other, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: None

Garage/Parking

  • Parking Features: Assigned, Open
  • Total Parking Spaces: 4.0
  • Open Parking: Yes

Utilities

  • Utilities: Above Ground Utilities, Electricity Available, Sewer Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Lot Info

  • Parcel Number: 1-9-8-010-037-0000
  • Zoning Description: 17 - AMX-2 Medium Density Apt M

Multi Family

  • Number Of Units Total: 6
  • Net Operating Income: 64516.0
  • Annual Operating Expense: 21932.0
  • Tenant Pays: Electricity
  • Total Actual Rent: 7340.0

Tax Info

  • Tax Annual Amount: 5388.0

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
09/10/2025 09/10/25 Pending -- -- --
04/01/2025 04/01/25 Price Changed $1,625,000 -4.4% $473 / Sq Ft
09/13/2024 09/13/24 For Sale $1,700,000 0.0% $495 / Sq Ft
10/22/2013 10/22/13 Rented $1,000 0.0% --
10/22/2013 10/22/13 For Rent $1,000 -- --
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202421102

HiCentral MLS (Honolulu Board of REALTORS®)