Listing Information
| Price | $3,995,000 | Property Type | Single Family |
|---|---|---|---|
| MLS Number | 202505301 | Land Tenure | Fee Simple |
| Area | Central | Address | 30 Cypress Avenue, Wahiawa, HI 96786 |
| Beds | 23 | Baths | 10 |
| Interior Sq. Ft. | 7316 ft² | Land Sq. Ft. | 12420 ft² |
| Lanai Sq. Ft. | N/A | Year Built | 1934 |
| Maintenance Fee | View | None | |
| Public Remarks | 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. | ||
MAP
Based on the information from the Multiple Listing Service of HiCentral MLS, Ltd.
Listings last updated on Thursday, May 01, 2025. Information herein deemed reliable, but not guaranteed.
Copyright © 2025 by HiCentral MLS, Ltd.
Listing courtesy of Keller Williams Honolulu
| Broker contact: (808) 596-2888
