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87-1117 Paakea Road, Waianae, HI 96792
4 min drive to Ulehawa Beach
About lifestyles
Back on market with major price reduction!!! Working Dragon Fruit farm, Grocery store, and 7 structures comprising of #1=3/2.5 main residence, #2=3/1 rental, #3=3/1 rental, #4=2/1 rental, #5=duplex with 2 -2/1 (needs work), #6=1/1 cottage, needs work, and #7=Grocery/Mini Mart on ground floor with 3/1.5 residence above. Hidden in Nanakuli commonly known as Mikilua on Paakea Road, this one of a kind property is a diamond in the rough! Unique with lots of potential for a farmer or farmer/investor with vision and resources. Please do your due diligence as square footage does not match public records. A variance exists for the current grocery store/mini-mart on approximately 26,400 sq ft of land with 10+ parking stalls. Mahalo in advance for not entering property or disturbing the tenants.
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Multi-family details
19301967 year built
- Year Built 19301967
- Original list price $2,800,000
- Days on market 1533
- Building type Multi Dwellings
-
Address
87-1117 Paakea Road, Waianae, HI, 96792
- Neighborhood Maili
- Land tenure FS - Fee Simple
- Land SqFt 108,899 sqft
- View Mountain
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$11,728
Taxes
$381
HOA dues
$0
Mortgage
Down payment
$460,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$11,728 / month
Neighborhood: Maili
Nearby & commute
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
4.67 / 20
Car dependent
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index
Unit Information
8 total units
# of 1 Bd
1
# of 2 Bd
3
# of 3 Bd
4
Total Units
8
Amenities & Features
10 parking places
Stories
One, Two
Roof
Asphalt Shingle, Pitch & Gravel
Construction
Wood Frame
Utilities
Cable, Cesspool, Internet, Overhead Electricity, Public Water, Telephone, Water
Property Condition
Fair
Parking
Assigned, Covered, Open
nr.of parking places
10
Amenities
None
Income
—
Total Actual Rent
$3,500
Total Annual Operating Expenses
Total Income
Net Operating Income
Maili prices
Average price $340.81k
Neighborhood average sales price*
$340.81k
Neighborhood median sales price*
$315k
Number or sales*
8
*last 6 months
Schools
15 schools with rating up to 7
| School rating | Distance | |
|---|---|---|
| out of 10 |
Maili Elementary School
87360 Kulaaupuni St,
Waianae, HI 96792
Elementary School
|
1.394mi |
| out of 10 |
Maili Elementary School
87360 Kulaaupuni St,
Waianae, HI 96792
Middle School
|
1.394mi |
|
Maili Bible School
87-138 Gilipake Street,
Waianae, HI 96792
High School
|
1.436mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Maili Elementary School
87360 Kulaaupuni St,
Waianae, HI 96792
|
1.394mi |
|
Maili Bible School
87-138 Gilipake Street,
Waianae, HI 96792
|
1.436mi | |
| out of 10 |
Nanaikapono Elementary School
89153 Mano Ave,
Waianae, HI 96792
|
2.174mi |
| out of 10 |
Nanakuli Elementary School
89778 Haleakala Ave,
Waianae, HI 96792
|
2.198mi |
| out of 10 |
Leihoku Elementary School
86285 Leihoku St,
Waianae, HI 96792
|
2.226mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Maili Elementary School
87360 Kulaaupuni St,
Waianae, HI 96792
|
1.394mi |
|
Maili Bible School
87-138 Gilipake Street,
Waianae, HI 96792
|
1.436mi | |
| out of 10 |
Nanaikapono Elementary School
89153 Mano Ave,
Waianae, HI 96792
|
2.174mi |
| out of 10 |
Nanakuli Elementary School
89778 Haleakala Ave,
Waianae, HI 96792
|
2.198mi |
| out of 10 |
Leihoku Elementary School
86285 Leihoku St,
Waianae, HI 96792
|
2.226mi |
| School rating | Distance | |
|---|---|---|
|
Maili Bible School
87-138 Gilipake Street,
Waianae, HI 96792
|
1.436mi | |
| out of 10 |
Nanakuli High & Intermediate School
89980 Nanakuli Ave,
Waianae, HI 96792
|
2.238mi |
| out of 10 |
Kamaile Academy
85180 Ala Akau St,
Waianae, HI 96792
|
4.025mi |
| out of 10 |
Waianae High School
85251 Farrington Hwy,
Waianae, HI 96792
|
4.149mi |
|
Island Pacific Academy
909 Haumea Street,
Kapolei, HI 96707
|
7.271mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Withdrawn Apr 3, 2021
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 3, 2021 | Withdrawn | $2,300,000 | 0 | MLS #201926271 |
| May 7, 2020 | Back On Market | $2,300,000 | 0 | MLS #201926271 |
| May 7, 2020 | Price Decrease | $2,300,000 -17.86% | 0 | MLS #201926271 |
| Dec 5, 2019 | Under contract | $2,800,000 | 0 | MLS #201926271 |
| Sep 16, 2019 | New Listing | $2,800,000 +47.37% | 0 | MLS #201926271 |
| Apr 15, 2010 | Expired | $1,900,000 | 0 | MLS #2905217 |
| Nov 27, 2009 | Price Decrease | $1,900,000 -9.52% | 0 | MLS #2905217 |
| Apr 14, 2009 | New Listing | $2,100,000 | 0 | MLS #2905217 |
Tax & MLS details 87-1117 Paakea Road, Waianae, HI, 96792
52 - AG-2 General Agricultural zoning / MLS #201926274
Current Property Taxes p/month
$381
Property Tax Year
2019
Assessed Improvement value
$209,400
Assessed Land value
$399,300
TMK
1-8-7-018-048-0000
Land Recorded
Land Court
Zoning
52 - AG-2 General Agricultural
Flood Zone
Zone X
Topography
Level
Location
Other
Lot Description
Clear,Other
Property Setbacks
None
Total Assessed value
$608,700
Listed by
One Pacific Realty Inc
MLS #
201926274
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Frequently asked questions for 87-1117 Paakea Road
When was this multi-family home built and last sold?
This house was build in 19301967.
What is the full address of this multi-family home?
87-1117 Paakea Road, Waianae, HI, 96792.
Are there beaches near 87-1117 Paakea Road?
No, there aren't.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of One Pacific Realty Inc. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.
Listings last updated on April 03, 2021.
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