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  • $3,995,000

    30 Cypress Ave, Wahiawa, HI 96786

    --beds
    0baths
    7,316sqft
    : 
    Duplex
    Built in 1934
    -- sqft lot
    $-- Zestimate®
    $546/sqft
    $-- HOA

    What's special

    Recently renovated dwellingsFully hollow-tile fourplex
    Exceptional Investment Opportunity! Situated on 12,420 SF of A-2 zoned land, the property features ten units within four recently renovated dwellings—three duplexes and one fourplex. The fully hollow-tile fourplex consists of four 2-bed, 1-bath units, while one duplex includes a 3-bed, 1-bath unit and a 2-bed, 1-bath unit. Another duplex offers two 2-bed, 1-bath units, and the final duplex includes two 3-bed, 1-bath units. Currently, rented well below market value, this property offers incredible income potential. Designed for efficiency, all units are separately metered for electricity, and a coin-operated laundry room provides additional revenue. The property also includes 18 parking stalls. All structures were built between 1934 and 2009. With Bill 7 incentives, there is potential to develop up to 120 units or utilize standard A-2 zoning for flexibility and redevelopment. Whether you're looking to increase rental income, reposition the asset, or hold for long-term appreciation, this property offers endless possibilities. Buyers are advised to conduct their own due diligence and verify zoning and development opportunities with the appropriate experts.
    97 days
    on Zillow
    |
    138
    |
    3
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    Zillow last checked: 7 hours ago

    Listing updated: February 28, 2025 at 06:14pm

    Listed by:

    Daniel K Ihara 808-343-3695,

    Keller Williams Honolulu,

    Jarett Kitaoka 808-430-4899,

    Keller Williams Honolulu

    Source: HiCentral MLS,MLS#: 202505014MLS Logo
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    We’ll find a local expert to take you on a private tour of 30 Cypress Ave.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Appliances
    • Included: Dryer, Washer
    • Laundry: Coin-operated
    Interior area
    • Total structure area: 7,316
    • Total interior livable area: 7,316 sqft

    Property

    Parking
    • Total spaces: 18
    • Parking features: Assigned, Open, Tandem
    • Has uncovered spaces: Yes
    Features
    • Levels: One,Two
    • Stories: 1
    • Has view: Yes
    • View description: None
    Lot
    • Features: Corner Lot, Other, Level
    • Topography: Level
    Details
    • Parcel number: 1730020260000
    • Zoning description: 12 - A-2 Medium Density Apartme
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Fourplex
    • Property subtype: Duplex
    Materials
    • Hollow Tile, Concrete, Wood Frame
    • Foundation: Slab
    Condition
    • Good Condition
    • Year built: 1934
    • Major remodel year: 2022

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Other
    • Subdivision: Wahiawa Area
    Location
    • Region: Wahiawa

    Financial & listing details

    • Price per square foot: $546/sqft
    • Tax assessed value: $3,894,764
    • Annual tax amount: $13,632
    • Date on market: 2/15/2025
    • Total actual rent: 17515
    • Tenant pays: Electricity
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