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    36 Ilima St Wahiawa, HI 96786

    New
    Under Contract
    For Sale
    $1,289,000

    MULTI_FAMILY - Wahiawa, HI

    Days on Market:
    4
    Last Refresh:
    Dec 12 at 8:06 pm

    Property Features for 36 Ilima St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    1-7-3-004-025-0000
    Parking
    15
    Parking features
    Assigned, Open
    Appliances
    Dryer, Washer

    Utilities

    Utilities
    Cable Available
    Water source
    Public

    Building Details

    Year built
    1962
    Floors in Building
    1
    Number of units
    1
    Building materials
    Wood Frame

    Fogarty Realty, Inc. (808) 955-5100 [email protected]

    Listing agent Mike Tavepholjalern (808) 955-5100 License #RS-28810

    Listing date Dec 9, 2025

    MLS# 202518557 Listing URL

    Copyright © 2025 Honolulu Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wahiawa Multi-Family Investment Opportunity

    This property features a large home with 11 bedrooms located in Wahiawa, offering convenient access to bus lines, restaurants, and shops. It is situated in close proximity to Schofield Barracks, Wheeler Army Airfield, Mililani Town, and the North Shore. The property is zoned for apartments, presenting an investment opportunity with potential for future development. The improvements include a two-bedroom single-family house with a carport and large yard areas. Additionally, there are nine studios, a kitchenette, an open garden lanai, storage lockers, and a laundry room. Renovations were completed in 2015 and 2020. The lot size is 9825 acres. There is potential to build a 40-unit apartment building under Bill 7 to enjoy tax benefits. The property is being sold "AS IS".
    Property Profile Location Intelligence

    Current Use by Public Records

    Aloha Wahiawa Guest House

    Map

    City
    Wahiawa
    County
    Honolulu
    State
    Hawaii
    Longitude
    -158.032939
    Latitude
    21.495378

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    FAQs

    What type of property is this?
    Apartment building - Large renovated home with development potential near Schofield and Wheeler.
    Where is this apartment building located?
    The property is located at 36 Ilima St Wahiawa, HI.
    What is the asking price?
    The asking price for this property is $1,289,000.
    What are key features of this property?
    This property features: - Apartment-zoned parcel with excellent cap rate and potential for future development.; - Large property with **11 bedrooms** (2-bedroom house + 9 studios with kitchenette).; - Renovated in 2015 and 2020.
    (808) 955-5100
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    36 Ilima St Wahiawa, HI 96786
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    36 Ilima St Wahiawa, HI 96786
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