30 Cypress Ave Wahiawa, HI 96786
Property details
About 30 Cypress Ave
Exceptional Investment Opportunity! Situated on 12,420 SF of A-2 zoned land, the property features ten units within four recently renovated dwellings—three duplexes and one fourplex. The fully hollow-tile fourplex consists of four 2-bed, 1-bath units, while one duplex includes a 3-bed, 1-bath unit and a 2-bed, 1-bath unit. Another duplex offers two 2-bed, 1-bath units, and the final duplex includes two 3-bed, 1-bath units. Currently, rented well below market value, this property offers incredible income potential. Designed for efficiency, all units are separately metered for electricity, and a coin-operated laundry room provides additional revenue. The property also includes 18 parking stalls. All structures were built between 1934 and 2009. With Bill 7 incentives, there is potential to develop up to 120 units or utilize standard A-2 zoning for flexibility and redevelopment. Whether you're looking to increase rental income, reposition the asset, or hold for long-term appreciation, this property offers endless possibilities. Buyers are advised to conduct their own due diligence and verify zoning and development opportunities with the appropriate experts.
Highlights
Summary
- MLS Number: 202505301
- MLS Name: HICMLS
- Office Name: Keller Williams Honolulu
- Office Phone: (808) 596-2888
- Agent Phone: (808) 343-3695, (808) 430-4899
- Agent Email: listing@iharateam.com
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/1/2025, 6:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,995,000
30 Cypress Ave
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2020 | $1,233,100 | $- |
2019 | $1,121,000 | $- |
2018 | $1,008,900 | $- |
2017 | $840,800 | $- |
History based on county public records data.
Nearby schools
5
Kaala Elementary School
Public District PK-5
0.3 mi
•130 California Ave
6
Major Sheldon Wheeler Elementary School
Public District PK-5
0.7 mi
•1 Wheeler Army Airfield
6
Wahiawa Elementary School
Public District PK-5
1.2 mi
•1402 Glen Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,577. The most common annual income of people living in Wahiawa, HI is between $35k-100k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
Frequently asked questions
Living in Wahiawa, HI
About 30 Cypress Ave
This home is located at 30 Cypress Ave in Wahiawa, HI and zip code 96786. This 7,316 square foot home was built in 1934. Features: 23 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since February 16, 2025 and is currently priced at $3,995,000.
In January 2025, from all listings sold in Wahiawa, HI there were more than 1 sold above asking price, over 3 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in Wahiawa, HI between December and January 2025 increased by 19%. The median list price of listings available in January 2025 was $795,000, while the average time on the real estate market was 51 days.