142 Lakeview Circle
Active 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!
View full listing details| Price: | $$2,000,000 USD |
|---|---|
| Address: | 142 Lakeview Circle |
| City: | Wahiawa |
| State: | Hawaii |
| Zip Code: | 96786 |
| Subdivision: | WILIKINA |
| MLS: | 202502231 |
| Year Built: | 1974 |
| Acres: | 0.191 |
| Lot Square Feet: | 0.191 acres |
| view: | None |
|---|---|
| sewer: | Connected |
| levels: | Three Or More |
| viewYN: | no |
| mlsStatus: | Active |
| utilities: | Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Water Available, Sewer Connected |
| postalCity: | Wahiawa |
| topography: | Level |
| disclosures: | None |
| lotFeatures: | Cleared, Level |
| waterSource: | Public |
| mlsAreaMajor: | Central |
| parkingTotal: | 11 |
| openParkingYN: | yes |
| structureType: | Apartment |
| humanModifiedYN: | yes |
| parkingFeatures: | Assigned, Open |
| recordSignature: | -2139450183 |
| taxAnnualAmount: | 4020 |
| totalActualRent: | 111200 |
| operatingExpense: | 27300 |
| communityFeatures: | None |
| propertyCondition: | Average Condition, Good Condition |
| zoningDescription: | 12 - A-2 Medium Density Apartme |
| countrySubdivision: | 15003 |
| netOperatingIncome: | 111900 |
| numberOfUnitsTotal: | 11 |
| constructionMaterials: | Masonry, Stucco, Wood Frame |
| operatingExpenseIncludes: | Insurance, Real Estate Tax, New Tax, Water/Sewer |
| specialListingConditions: | None |
© 2025 HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on Tuesday, February 11th, 2025. 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.The offer of compensation to cooperating participants is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference. Data last updated: Tuesday, February 11th, 2025 05:25:42 PM.
Data services provided by IDX Broker
Listed by: Five Star Realty, Inc. (808) 382-6871