Active
142 Lakeview Circle
Wahiawa HI, 96786
$2,000,000
Active
Multi-family
Built in 1974
Discover a rare opportunity to own an 11-unit apartment building in the highly desirable Wilikina area. Perfectly designed for income generation, this property features eleven 1-bedroom units, each with a dedicated parking stall, offering convenience and appeal to tenants. Recent upgrades in 2023, including a new roof and fresh exterior paint, enhance the building's curb appeal and long-term durability. A coin-operated community laundry area on the ground floor provides an additional revenue stream. Conveniently located near schools, shopping centers, restaurants, and highways, this property ensures ease of access for residents while maintaining strong rental demand. Whether you're starting your investment journey or expanding an existing portfolio, this property is a must-see! Current income and expenses reflect 9 rented units, leaving room for even greater earning potential. Net income of $111,900 for 9 units with CAP rate about 5.6% (Still has 2 units vacant to add more income). Schedule a viewing today and take the first step toward securing your future income!
202502231
MLSⓇ ID
January 21, 2025
Listed
January 21, 2025
Updated
Map
142 Lakeview Circle
Wahiawa HI, 96786
Interior Features
Total Stories
3
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.19 Acres
Lot Features
Cleared, Level
Sewer
Connected
Other Property Details
Area Name
Central
Taxes
$4,020
Tax Frequency
Annually
Garage
No
Parking
Assigned, Open
Parking Total
11
View
No
View Description
None
County
Oahu
Water Source
Public
Pool
No
Courtesy of Five Star Realty, Inc., Vincent Lao
Listing Contact: (808) 382-6871
Based on information from the Multiple Listing Service of HI - Honolulu Board of REALTORS® / HiCentral (HBR) listings last updated on 1/21/2025 9:08 PM UTC. Information is deemed reliable but not guaranteed. Copyright: 2025 by the Honolulu Board of REALTORS®/ HICentral. Some of the 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. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require the use of other disclaimers as necessary to protect participants and/or the MLS from liability.
©2025 Honolulu Board of REALTORS®/ HICentral. All rights reserved.
Data last updated 9:08 PM UTC, 1/21/2025
