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MLS: 202518705 (Active - For Sale)
 
Asking Price: $219,000 Leasehold
Lease Expires: 08/07/2036
Type: Residential
District: Leeward
Address: 85-215 Ala Akau Street, Waianae, HI
Neighborhood: Waianae
Beds: 3   Baths: 1 Full / 1 Half
Living Area: 952 SF
Style: Duplex,PUD,Zero Lot Line
Land Area: 3,720 SF
View: Mountain
Parking: 2 Car,Carport
Garage/Carport Area: 414 SF
Amenities: Bedroom on 1st Floor,Full Bath on 1st Floor,Patio/Deck,Storage,Wall/Fence
Days on Market: 79
Year Built: 1974
Zoning: 05 - R-5 Residential District
Land Recorded: Land Court
Property Taxes: $106
Assessed Value: $362,600
Assessed Ratio: 60.4%
Listing Courtesy: West Beach Realty, Inc.
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All Homes For Sale in Waianae


This 3-bedroom, 1.5-bathroom duplex presents an excellent opportunity for an Investor! Currently rented at $2,300.00 until 5/31/26. The property features a single-level floor plan and sits on a spacious 3,720 sq. ft. lot with a fully enclosed backyard. The HHFDC lease payments are currently $62.25 per month, increasing to $80.92 per month from 1/1/26, through 12/31/30. Lease rent will be renegotiated from 1/1/31-8/7/36. A lease extension to 2055 is also available and provides long term stability, please see mock lease in supplements. This property is eligible for various financing options, including FHA Spot loans and Conventional financing. It includes two dedicated carport parking spaces. This is a sound investment for those seeking an investment opportunity!

1 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
280073701/11/200803/06/2008$135,000$149,000

22 Comparable Homes Sold in Waianae (Last 12 months)
Description List Date Sold Date List Price Sold Price
3 Bed 1.5 Bath04/24/202506/09/2025$125,000$100,000
3 Bed 1.5 Bath06/23/202511/07/2025$165,000$135,000
3 Bed 1.5 Bath03/07/202505/19/2025$175,000$175,000
3 Bed 1.5 Bath01/13/202509/04/2025$185,000$195,000
3 Bed 1.5 Bath11/30/202405/08/2025$405,000$379,000
3 Bed 1.5 Bath09/13/202401/23/2025$499,900$445,000
3 Bed 1.5 Bath11/12/202405/02/2025$524,999$524,999
3 Bed 1.5 Bath03/03/202505/22/2025$580,000$580,000
3 Bed 1.5 Bath08/27/202401/29/2025$599,000$599,000
3 Bed 1.5 Bath11/01/202406/27/2025$605,000$605,000
3 Bed 1.5 Bath12/02/202512/02/2025$645,000$645,000
3 Bed 1.5 Bath08/20/202511/28/2025$649,500$625,000
3 Bed 1.5 Bath11/23/202405/12/2025$670,000$655,667
3 Bed 1.5 Bath06/04/202507/11/2025$685,000$685,000
3 Bed 1.5 Bath09/21/202412/12/2024$699,000$649,000
3 Bed 1.5 Bath07/15/202508/27/2025$699,000$699,000
3 Bed 1.5 Bath06/18/202508/14/2025$699,999$690,000
3 Bed 1.5 Bath05/15/202508/18/2025$739,000$752,500
3 Bed 1.5 Bath06/09/202509/11/2025$749,900$759,000
3 Bed 1.5 Bath02/18/202504/17/2025$799,000$820,000
3 Bed 1.5 Bath09/19/202412/19/2024$815,000$810,000
3 Bed 1.5 Bath01/13/202502/18/2025$1,699,000$1,575,000
Average Price:  $595,598

 
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Copyright: 2015 by the HiCentral MLS, Ltd.
 
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use and may not be used for any purpose other than to identify prospective
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