Three-Unit Multifamily
New
For Sale
$1,099,000
27 Lakeview Circle #B, Wahiawa, HI 96786
Two detached residential buildings provide a single-family home and a rear duplex with separate electric meters.
Property Size2,184 SF
Lot Size0.17 Acres
Price / SF$503.21
Days on Market2
Property Features for 27 Lakeview Circle #B
General Information
Standard status
Active
Size
2,184 SF
Total Parking Spaces
5
Lot size
0.17 Acres
Property subtype
Multi-Family
Zoning
A-2
Additional Details
Utilities to Site
Yes
Multifamily Units
3
Building Details
Year Built
1954
Buildings
2
Listing Agency:
Advantage Properties Unlimited
(808) 306-4973
Listed By:
Holden Lau
(808) 387-3366
Source:
Kakaako
Added: Nov 4
Changed: Nov 5
Last Checked: Nov 4 at 10:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Advantage Properties Unlimited
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Wahiawa property contains two detached buildings: a single-family residence at the front and a two-story duplex behind it. The duplex has CMU construction on the ground level and wood-frame construction above, with a separate electric meter. Combined living area is approximately 2,184 square feet, and the site accommodates parking for four to five vehicles.
The 7,358-square-foot lot is zoned A-2 Apartment. The property was built in 1954.
The 7,358-square-foot lot is zoned A-2 Apartment. The property was built in 1954.
Key Highlights
- Two detached buildings: a front single‑family residence and a rear duplex
- Approximately 2,184 square feet of combined living area
- 7,358‑square‑foot lot with A‑2 Apartment zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,043
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$800,860
$800.9K
Cap Rate 7%
$572,043
$572.0K
Cap Rate 9%
$444,922
$444.9K
Market Conditions
NOI Build-Up for 2,184 SF
Gross rent
$78.6K $36.00/SF
− Vacancy
−$5.8K −$2.66/SF
EGI
$72.8K $33.34/SF
− OpEx
−$32.8K −$15.00/SF
NOI
$40.0K $18.33/SF
Area
Honolulu County, HI
Vacancy
7.40%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$800,860
Cap Rate 7%
$572,043
Cap Rate 9%
$444,922
Alternative Uses
Best Use
Apartment 5plus
$572.0K
$500.5K – $667.4K
NOI $40,043 @ 7.0% cap · market cap 3.64%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$884.8K
$774.2K – $1.03M
NOI $61,938 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Demographics for 96786, HI
41,217
Population
14,444
Households
2.9
Avg Household Size
28
Median Age
25%
College-Educated
94%
High-School Grad
89.2 sq mi
ZIP Area
462
Density / Sq Mi
$83,488
Median Household Income
$46,027
Median Earnings
$2,784
Median Rent
$724,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two detached residential buildings provide a single-family home and a rear duplex with separate electric meters.
Where is this multifamily property located?
The property is located at 27 Lakeview Circle #B Wahiawa, HI.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Two detached buildings: a front single‑family residence and a rear duplex; Approximately 2,184 square feet of combined living area; 7,358‑square‑foot lot with A‑2 Apartment zoning
