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Property profile & analytics
OFF-MARKET
Estimated value
$1,165,000
Residential income homes
98-150 Lipoa Pl Aiea, HI 96701-4805
Trust Owned
11-yr Hold
Property ID
US24-0216974
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,472 SF
Lot
0.96 ac (42,000 SF)
Zoning code
A-1
APN
1-9-8-014-021
UPID
US24-0216974
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Pepper tree Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.37M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.17M
Owner & transaction history
Ojiri,steve K Living Trust · 11 yrs held
Ojiri,steve K Living Trust
since 2014
7 recorded transactions
Zoning & alternative use
A-1 · Aiea, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Aiea submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aiea submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,485,000
6.5%
$1,370,000
7%
$1,270,000
Blend value · Realmo final
$1.17M
Range $1.05M – $1.28M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$261 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$26,695
Tax year 2023
Assessed value
$7,675,600
Assessed 2024
Previous assessed
$7,675,600
+0.0% YoY
Effective rate
0.35%
On assessed value
Assessed land
$6,058,800
Assessed improvement
$1,616,800
Land market value
$6,058,800
Improvement market value
$1,616,800
Total market value
$7,675,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
4
Stories
2
Units
1
Bathrooms
12
Total area
4,472 SF
Lot
0.96 ac (42,000 SF)
Zoning code
A-1
APN
1-9-8-014-021
UPID
US24-0216974
Jurisdiction
HONOLULU
Zoning & alternative use
A-1 · Aiea, HIZoning A-1 · permitted uses
A-1 · Aiea, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Buildings
4
Units
1
Bathrooms
12
Lot
0.96 ac
Current owner
From public records · entity-resolved
Ojiri,steve K Living Trust
Trust
Mailing address
2645 OAHU AVE, HONOLULU, HI 96822-1722
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2014
—
Ojiri,steve K Living Trust
Ojiri Steve K Living Trust
Quit Claim Deed
related
—
Oct 29, 2012
$6,500
Ray Mitsuo Ojiri
Pearl Dragon LLC
Warranty Deed
$4,275,000 · Bank Of Hawaii
Jul 30, 2010
$5,000,000
Pearl Dragon LLC
Amerasian Land Co INC
Warranty Deed
$4,800,000 · Hawaii State FCU
Dec 28, 2005
$1,000
Thomas F Schmidt
Amerasian Land Co INC
Quit Claim Deed
related
—
Jun 13, 2003
$954,800
Amerasain Land Co INC
Bishop,bernice P Est
Grant Deed
$1,725,000 · First Hawaiian Bank Ttee
—
—
Pearl Dragon LLC
—
Deed Of Trust
related
$3,410,000 · Hawaii State FCU
—
—
Pepper Tree Apartment Hotel Ll
—
Deed Of Trust
related
$840,000 · First Hawaiian Bank
—
—
Pearl Dragon LLC
—
Deed Of Trust
related
$4,110,000 · Central Pacific Bank
—
—
Ojiri,steve K Living Trust
—
Deed Of Trust
related
$4,710,000 · Bank Of Hi
—
—
Pearl Dragon LLC
—
Deed Of Trust
related
$3,900,000 · Hawaii State FCU
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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