Six-Unit Residential
For Sale
$1,950,000
87-154 Kakalena Street, Waianae, HI 96792
MULTI_FAMILY - Waianae, HI
Days on Market51
Property Features for 87-154 Kakalena Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
00 - Residential
Parking
15
Parking features
Open, Assigned
Subdivision
MAILI
Lot features
Cleared, Level
Elementary school
Maili
Middle school
Waianae
High school
Waianae
Standard status
Active
APN
1-8-7-001-016-0000
Taxes and HOA fees
Tax Annual Amount
9600
Utilities
Utilities
Water Available
Water source
Public
Building Details
Year built
1938
Floors in Building
1
Number of units
6
Building materials
Single Wall, Wood Frame
Listing Agency:
Team Real Estate, Inc.
(808) 637-3507
Listed By:
Maria Teresa M Abella · License #RB-22069
(808) 352-6449
Added: Jun 11
Changed: Jun 30
Last Checked: Jul 31 at 4:06AM
MLS# 202611506
Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering presents a six-unit residential portfolio comprised of six individual CPR units, each under separate TMKs, along with an additional vacant lot. The package includes Units #2 through #7 associated with TMK 1-8-7-001-016, and the units are separately identified for sale under different MLS listings. The portfolio reflects a mix of occupied and vacant units, providing an operator or buyer with flexibility in how to manage current occupancy and future leasing.
The property is located at 87-154 Kakalena Street in Waianae on Oahu, HI 96792. In addition to the residential units, the portfolio includes a vacant lot totaling 5,000 square feet, which may support different planning and development options consistent with the buyer’s strategy.
For investors or owner-operators seeking a consolidated purchase, the key advantage is ownership of multiple units under one acquisition while maintaining separation through individual TMKs. Individual units are also available for purchase under separate MLS listings, which can be useful for buyers comparing the portfolio approach versus acquiring select units.
The property is located at 87-154 Kakalena Street in Waianae on Oahu, HI 96792. In addition to the residential units, the portfolio includes a vacant lot totaling 5,000 square feet, which may support different planning and development options consistent with the buyer’s strategy.
For investors or owner-operators seeking a consolidated purchase, the key advantage is ownership of multiple units under one acquisition while maintaining separation through individual TMKs. Individual units are also available for purchase under separate MLS listings, which can be useful for buyers comparing the portfolio approach versus acquiring select units.
Key Highlights
- Six‑unit residential portfolio of CPR units offered together under separate TMKs (Units #2 through #7).
- Includes a mix of occupied and vacant units, plus a vacant lot measuring 5,000 SF.
- Each unit has its own designated TMK, providing flexibility for future investment strategies.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Demographics for 96792, HI
51,965
Population
15,516
Households
3.3
Avg Household Size
35
Median Age
16%
College-Educated
91%
High-School Grad
61.1 sq mi
ZIP Area
850
Density / Sq Mi
$83,927
Median Household Income
$39,666
Median Earnings
$1,820
Median Rent
$551,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six separate CPR units under individual TMKs plus a vacant lot are offered as a single residential income portfolio.
Where is this apartment building located?
The property is located at 87-154 Kakalena Street Waianae, HI.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Six‑unit residential portfolio of CPR units offered together under separate TMKs (Units #2 through #7).; Includes a mix of occupied and vacant units, plus a vacant lot measuring 5,000 SF.; Each unit has its own designated TMK, providing flexibility for future investment strategies.
