SOLD 09/25/2025
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98-093 Lokowai Place, Aiea, HI 96701
$1,500,000 $1,625,000
Multi-Family Home
sold
3,432 sqft
Neighborhood:
Waimalu
Sold 09/25/2025
$1,500,000 $1,625,000
9 min walk to Pearl Ridge Community Park
15 min walk to Newtown Driving Range
About lifestyles
NEW PRICE for this 2-story apartment building in cul-de-sac offers six 2-bedroom, 1-bathroom units with three on the lower level and three on the second level. Building contains a total interior square footage of 3,400 + square feet and is situated on a level 8,000 square foot lot. Exterior construction is hollow tile construction on ground floor with single wall/wood frame construction on upper level. 4 uncovered parking stalls are also available. Electricity is separately metered. Property is approximately a tenth of a mile from the Waimalu Shopping Center and approximately a quarter mile away from the Kalauao Pearlridge Station. Property to be sold in "AS IS" condition. Photos of the interior of two of the apartments were taken before the tenants took occupancy.
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Multi-family details
1959 year built
- Year Built 1959
- Original list price $1,700,000
- Days on market 378
- Building type Apartments
- Price per sqft $437/sqft
-
Address
98-093 Lokowai Place, Aiea, HI, 96701
- Frontage Other
- Neighborhood Waimalu
- Land tenure FS - Fee Simple
- Land SqFt 8,018 sqft
- View None
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Monthly payment
Calculate your monthly payments
Mortgage
$7,649
Taxes
$449
HOA dues
$0
Mortgage
Down payment
$300,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$7,649 / month
Neighborhood: Waimalu
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
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no data
Local airport
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no data
16.5 / 20
Very walkable
►
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
6 total units
# of 1 Bd
0
# of 2 Bd
6
# of 3 Bd
0
Total Units
6
Amenities & Features
4 parking places
Stories
Two
Roof
Other
Construction
Hollow Tile, Single Wall
Utilities
Overhead Electricity, Public Water, Sewer Fee
Property Condition
Average
Parking
Assigned, Open
nr.of parking places
4
Amenities
None
Income
Net Operating Income: $64,516
Total Actual Rent
$7,340
Total Annual Operating Expenses
$21,932
Total Income
$83,448
Net Operating Income
$64,516
Waimalu prices
Average price $672.5k
Neighborhood average sales price*
$672.5k
Neighborhood median sales price*
$635k
Number or sales*
6
Street median sales price*
$635k
Median sale price Hale Royale*
$585k
*last 6 months
Schools
15 schools in this area
| School rating | Distance | |
|---|---|---|
|
Pearl Ridge Elementary School
98940 Moanalua Rd,
Aiea, HI 96701
Elementary School
|
0.281mi | |
|
Pearl Ridge Elementary School
98940 Moanalua Rd,
Aiea, HI 96701
Middle School
|
0.281mi | |
|
Calvary Chapel Christian School
98-1016 Komo Mai Drive,
Aiea, HI 96701
High School
|
1.002mi |
| School rating | Distance | |
|---|---|---|
|
Pearl Ridge Elementary School
98940 Moanalua Rd,
Aiea, HI 96701
|
0.281mi | |
|
Waimalu Elementary School
98825 Moanalua Rd,
Aiea, HI 96701
|
0.431mi | |
|
Our Savior Lutheran School
98-1098 Moanalua Road,
Aiea, HI 96701
|
0.703mi | |
|
Waiau Elementary School
98450 Hookanike St,
Pearl City, HI 96782
|
0.939mi | |
|
Alvah A Scott Elementary School
981230 Moanalua Rd,
Aiea, HI 96701
|
0.942mi |
| School rating | Distance | |
|---|---|---|
|
Pearl Ridge Elementary School
98940 Moanalua Rd,
Aiea, HI 96701
|
0.281mi | |
|
Waimalu Elementary School
98825 Moanalua Rd,
Aiea, HI 96701
|
0.431mi | |
|
Our Savior Lutheran School
98-1098 Moanalua Road,
Aiea, HI 96701
|
0.703mi | |
|
Waiau Elementary School
98450 Hookanike St,
Pearl City, HI 96782
|
0.939mi | |
|
Alvah A Scott Elementary School
981230 Moanalua Rd,
Aiea, HI 96701
|
0.942mi |
| School rating | Distance | |
|---|---|---|
|
Calvary Chapel Christian School
98-1016 Komo Mai Drive,
Aiea, HI 96701
|
1.002mi | |
|
Aiea High School
981276 Ulune St,
Aiea, HI 96701
|
1.148mi | |
|
Pearl City High School
2100 Hookiekie St,
Pearl City, HI 96782
|
1.984mi | |
|
Admiral Arthur W Radford High School
4361 Salt Lake Blvd,
Honolulu, HI 96818
|
2.172mi | |
|
Grace Christian Academy
99-833 Iwaena Street,
Aiea, HI 96701
|
2.334mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
New Listing Sep 14, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Sep 14, 2024 | New Listing | $1,700,000 | $495.34 | MLS #202421102 |
Tax & MLS details 98-093 Lokowai Place, Aiea, HI, 96701
17 - AMX-2 Medium Density Apt M zoning / MLS #202421102
Current Property Taxes p/month
$449
Property Tax Year
2024
Assessed Improvement value
$129,600
Assessed Land value
$1,405,000
TMK
1-9-8-010-037-0000
Land Recorded
Regular System
Zoning
17 - AMX-2 Medium Density Apt M
Flood Zone
Zone X
Topography
Level
Location
Cul-De-Sac
Lot Description
Other
Property Setbacks
Of Record
Total Assessed value
$1,534,600
Listed by
KMJ Realty LLC
(808) 521-5655
(808) 521-5655
MLS #
202421102
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Frequently asked questions for 98-093 Lokowai Place
When was this multi-family home built and last sold?
This house was build in 1959 and sold in 2025.
What is the full address of this multi-family home?
98-093 Lokowai Place, Aiea, HI, 96701.
Are there beaches near 98-093 Lokowai Place?
No, there aren't.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of KMJ Realty LLC. 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 September 24, 2025.
Hawaii House Last checked less than a minute ago.
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