Ulu Wehi #B | 85-200 Ala Hema St #B

Asking Price: $225,000
Beds: 3
Baths: 1.5
Living: 951 ft²
Tenure:Leasehold ?
Leasehold Expiry: 08/26/30
Lease Rent: $ 62 / month
Built: 1974
Parking: 2
Maint. (HOA) Fees: $286 / month
Property Taxes: $68 / month ?
Est. Mortgage: 0 $1,108 / mo - adjust loan
Time Listed for Sale: 8 days
Status Active
Buy without visiting ?
All Ulu Wehi condos for sale »
All Waianae condos for sale »

85-200 Ala Hema St #B, Waianae

Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly:
Danielle K Butler (RA)
RS-81230
Talk Realty LLC
Phone: (808) 400-8853

Description

Turnkey Investment Opportunity! This 3 bedroom, 1.5 bath, 2 story townhome was recently renovated in 2023, bringing in current rents of $2600 a month on a lease that expires 11/30/2025. Enjoy both a large, enclosed backyard with papaya and starfruit trees and an enclosed front yard with ample storage. Home is in close proximity to shopping, public transportation, restaurants, schools and beaches. Options to extend the lease to 12/31/2055 allow this leasehold property to receive traditional financing, bringing affordable home ownership and investing into reach. Submit your offer today and get on the path of owning your piece of paradise.

Recent Activity

Mar 16, 2025 Listed at $225,000
Nov 04, 2022 Sold for $100,000
Nov 04, 2022 Off Market
Oct 08, 2022 Sold for $100,000
Aug 01, 2022 Under Contract
Jun 06, 2022 Price ↓ $125,000
Jun 06, 2022 Price ↓ $125,000
Apr 21, 2022 Price ↓ $165,000
Apr 21, 2022 Price ↓ $165,000
Apr 06, 2022 Listed at $210,000
Apr 06, 2022 Listed at $210,000

Past Sales
(Ulu Wehi)

#G: 3 Bds | 1 Ba @ $120K (2/6/25)
#B: 4 Bds | 1.5 Ba @ $235K (12/2/24)
#D: 4 Bds | 1.5 Ba @ $120K (10/16/24)
#A: 4 Bds | 1.5 Ba @ $227K (5/23/24)
#F: 3 Bds | 2 Ba @ $287K (8/10/23)
#J: 3 Bds | 1 Ba @ $245K (4/24/23)
#H: 3 Bds | 1 Ba @ $230K (7/22/21)
#C: 3 Bds | 1 Ba @ $150K (9/4/20)
#E: 4 Bds | 1.5 Ba @ $148K (5/1/20)
#hidden: 3 Bds | 1.5 Ba @ $158K (12/21/18)

+Show more recently sold

#228: 4 Bds | 2.5 Ba @ $105K (9/30/16)

Blog

More Details

Owner, Tax & Resale History
HOA Fees / ft²: $0.30
Price / ft²: $237
HOA Fees Include: Hot Water, Other Common Expenses, Sewer, Water
Year Remodeled: 2023
Zoning: 05 - R-5 Residential District
Flood Zone: Zone X
Furnished: None
Property Condition: Excellent,Above Average,Average
Owner Occupancy: 30%
Management Company: Hawaiiana
Amenities: Resident Manager
TMK: 1-8-5-27-56-0
Tax Assessed Land: $210,100
Tax Assessed Improvements: $78,500
Tax Assessed Total: $288,600
Courtesy: Talk Realty LLC
MLS: 202506965

The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 24, 2025.Information is deemed reliable but not guaranteed.

Other Ulu Wehi Listings

Map

Leasehold

$235,000

Ulu Wehi #A

3 Bds | 1.5 Ba
951 ft²

Map

Leasehold

$238,000

Ulu Wehi #C

5 Bds | 2.5 Ba
1,374 ft²

Map

Leasehold

$200,000

Ulu Wehi #E

3 Bds | 1 Ba
952 ft²

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Asking Price: $225,000

Description

More Details

The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 24, 2025.Information is deemed reliable but not guaranteed.

Recent Activity

Mar 16, 2025 Listed at $225,000
Nov 04, 2022 Sold for $100,000
Nov 04, 2022 Off Market
Oct 08, 2022 Sold for $100,000
Aug 01, 2022 Under Contract
Jun 06, 2022 Price ↓ $125,000
Jun 06, 2022 Price ↓ $125,000
Apr 21, 2022 Price ↓ $165,000
Apr 21, 2022 Price ↓ $165,000
Apr 06, 2022 Listed at $210,000
Apr 06, 2022 Listed at $210,000

Blog

Other Ulu Wehi Listings

Map

Leasehold

$235,000

Ulu Wehi #A

3 Bds | 1.5 Ba
951 ft²

Map

Leasehold

$238,000

Ulu Wehi #C

5 Bds | 2.5 Ba
1,374 ft²

Map

Leasehold

$200,000

Ulu Wehi #E

3 Bds | 1 Ba
952 ft²

You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
Leasehold Expiry: 08/26/30

Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.

We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.

Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.

We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.

Other fees could be a special assessment, reserve contributions etc.

DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.

Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.

Learn about property tax rates.

Property Taxes	$ 68 / month
Maint Fees	$ 286 / month

Total

Ulu Wehi #B (Waianae)

85-200 Ala Hema St #B, Waianae