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87-1205 Paakea Road, Waianae, HI 96792
Located in the beautiful town of Waianae on the island of Oahu. Situated over on a 4.42 acres of Fee Simple land with great mountain view, walking distance to the beaches, elementary schools, and shopping centers. This property consists of four (4) detached single family homes, each with its own separate addresses (87-1205 Paakea Rd, 87-1209 Paakea Rd, 87-1213 Paakea Rd, & 87-1217 Paakea Rd), all currently occupied by long-terms and great tenants. Additionally, the property generates monthly income from solar panels.
Don't miss out on the chance to own this rare and great investment property with four single family homes!
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Multi-family details
1940 year built
- Year Built 1940
- Year Remodeled 1975
- Days on market 142
- Price per sqft $552/sqft
-
Address
87-1205 Paakea Road, Waianae, HI, 96792
- Frontage Other
- Neighborhood Maili
- Land tenure FS - Fee Simple
- Land SqFt 192,545 sqft
- View Mountain
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$9,178
Taxes
$547
HOA dues
$0
Mortgage
Down payment
$360,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$9,178 / month
Neighborhood: Maili
Nearby & commute
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
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no data
Costco
—
no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
—
no data
11.33 / 20
Somewhat 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
4 total units
# of 1 Bd
0
# of 2 Bd
0
# of 3 Bd
0
Total Units
4
Amenities & Features
4 parking places
Stories
One
Furnished
None
Construction
Above Ground
Utilities
Gas, Public Water
Property Condition
Average
Parking
None
nr.of parking places
4
Amenities
None
Income
—
Total Actual Rent
Total Annual Operating Expenses
Total Income
Net Operating Income
Maili prices
Average price $1.35m
Neighborhood average sales price*
$1.35m
Neighborhood median sales price*
$927.5k
Number or sales*
218
Median sale price 801 South St*
$685.94k
*last 6 months
Schools
15 schools in this area
| School rating | Distance | |
|---|---|---|
|
Maili Elementary School
87360 Kulaaupuni St,
Waianae, HI 96792
Elementary School
|
1.625mi | |
|
Maili Elementary School
87360 Kulaaupuni St,
Waianae, HI 96792
Middle School
|
1.625mi | |
|
Maili Bible School
87-138 Gilipake Street,
Waianae, HI 96792
High School
|
1.674mi |
| School rating | Distance | |
|---|---|---|
|
Maili Elementary School
87360 Kulaaupuni St,
Waianae, HI 96792
|
1.625mi | |
|
Maili Bible School
87-138 Gilipake Street,
Waianae, HI 96792
|
1.674mi | |
|
Nanakuli Elementary School
89778 Haleakala Ave,
Waianae, HI 96792
|
2.066mi | |
|
Nanaikapono Elementary School
89153 Mano Ave,
Waianae, HI 96792
|
2.097mi | |
|
Ka Waihona O Ka Naauao - New Century Public Charter School
89195 Farrington Hwy,
Waianae, HI 96792
|
2.295mi |
| School rating | Distance | |
|---|---|---|
|
Maili Elementary School
87360 Kulaaupuni St,
Waianae, HI 96792
|
1.625mi | |
|
Maili Bible School
87-138 Gilipake Street,
Waianae, HI 96792
|
1.674mi | |
|
Nanakuli Elementary School
89778 Haleakala Ave,
Waianae, HI 96792
|
2.066mi | |
|
Nanakuli High & Intermediate School
89980 Nanakuli Ave,
Waianae, HI 96792
|
2.081mi | |
|
Nanaikapono Elementary School
89153 Mano Ave,
Waianae, HI 96792
|
2.097mi |
| School rating | Distance | |
|---|---|---|
|
Maili Bible School
87-138 Gilipake Street,
Waianae, HI 96792
|
1.674mi | |
|
Nanakuli High & Intermediate School
89980 Nanakuli Ave,
Waianae, HI 96792
|
2.081mi | |
|
Kamaile Academy
85180 Ala Akau St,
Waianae, HI 96792
|
4.2mi | |
|
Waianae High School
85251 Farrington Hwy,
Waianae, HI 96792
|
4.335mi | |
|
Island Pacific Academy
909 Haumea Street,
Kapolei, HI 96707
|
7.109mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Apr 14, 2006
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 14, 2006 | Sold | $696,000 | $213.43 | Public Record |
| Apr 14, 2006 | Sold | $696,000 -22.66% from last sold price | $213.43 | Public Record |
| Mar 14, 2006 | Active Under Contract | $899,900 | $275.96 | MLS #2602754 |
| Mar 14, 2006 | In Escrow - still showing | $899,900 | $275.96 | MLS #2602679 |
| Feb 6, 2006 | New Listing | $899,900 +29.3% | $275.96 | MLS #2602754 |
| Feb 3, 2006 | New Listing | $899,900 | $275.96 | MLS #2602679 |
Tax & MLS details 87-1205 Paakea Road, Waianae, HI, 96792
MLS #202516520
Current Property Taxes p/month
$547
Assessed Improvement value
$731,300
TMK
1-8-7-019-036-0000
Flood Zone
Zone X
Topography
Level
Lot Description
Other
Total Assessed value
$1,825,300
Listed by
Julieanne Lam Phan
(562) 218-7601
(562) 218-7601
MLS #
202516520
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 87-1205 Paakea Road
When was this multi-family home built and last sold?
This house was build in 1940.
What is the full address of this multi-family home?
87-1205 Paakea Road, Waianae, HI, 96792.
Are there beaches near 87-1205 Paakea Road?
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 Julieanne Lam Phan. 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 July 31, 2025.
Hawaii House Last checked 2 minutes ago.
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