30 Cypress Avenue Wahiawa, HI 96786
Listing
Overview
Price: $3,995,000
Area: WAHIAWA AREA
Status: Active
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. Listing by: Keller Williams Honolulu (808) 343-3695
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- Land Area (sf): 12,420 sf
- Living (sf): 7,316
- Year Built: 1934
- Property Condition: Above Average
- Number of Parking Spaces: 18
- View: None
- Listing Office: Keller Williams Honolulu
- Land Tenure: FS - Fee Simple
