The Ulu Team

$2,343,563

94-246 Aniani Place

WAIPAHU-LOWER · Waipahu · 96797 · MLS 202521549

  • beds
  • 0baths
  • living sqft
  • Multi-familytype

Amazing and unbelievable 8% CAP rate which is unheard of on Oahu! Owner did all the hard work so you can take over a turn key operation. All 8 units have been completely renovated, all units rewired from the meter, new rough in plumbing, new supply lines, descaled sewer line, exterior paint, new fuses including GFCI circuit breakers, new outlets, switches, and light fixtures, rebuilt stairs and rails. You can pay 40%-60% more for a similar building in town but the rents are not proportionally higher so it is a no brainer that there is value in Waipahu!

Building & interior

Style
Multi Family
Condition
Good Condition
Lot size
7,876 sqft
Year built
1961
Renovated
1990
Stories
Two
Parking
8 stalls · Assigned · Open

Construction & features

Construction
Hollow Tile · Single Wall · Wood Frame
Topography
Level
Lot features
Cleared · Level
Utilities
Above Ground Utilities · Electricity Available · Phone Available · Sewer Available · Water Available · Sewer Connected
Water
Public

Tax & assessment

Annual property tax
$4,896/yr
Tax year
2025
Assessed — total
$1,401,200
Assessed — land
$1,050,600
Assessed — improvements
$350,600
TMK
1-9-4-025-027-0000
Zoning
12 - A-2 Medium Density Apartme
Land tenure
Fee simple
Financing accepted
Cash · Conventional · Exchange1031

Price history

Original list
$2,343,563
Current
$2,343,563

Listed by Ivy K Realty, LLC

Information is from the Honolulu MLS and sources deemed reliable but is not guaranteed. Square footage, lot size, taxes, permits, and land tenure should be independently verified. Not a solicitation of property already listed.

Before you offer

Ask us what it’s actually worth.

We’ll pull the comparable sales on this street and tell you where this price really sits — before you write.