Hawaii Living

Waianae Commun Dev Proj #H (Waianae)

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85-118 Ala Walua St #H, Waianae

Description
This is a great Leasehold investment and price. The fee is not available, but the lease term can be extended with a written request. It needs renovations, but if you have the talent to fix it up, this is an opportunity you don’t want to miss. This residence offers potential and opportunity. Inside, the spacious layout is roomy and well-designed. Just take it to the next level. 2 parking stalls right outside your front door and nice, easy access to your open front lanai, where you’ll find two extra-large storage closets and a backyard big enough for a garden. Beaches close by and the stunning views of the Waianae Mountain Range are a daily plus. Lease Hold and has a very low monthly rent and a long lease. Don’t delay—make a move. Sold AS-IS at this great price.
Past Activity
  • Jan 24, 2025 Sold for $130,000
  • Jan 07, 2025 Under Contract
  • Jan 06, 2025 Listed at $152,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.27
  • Price / ft²: $137
  • HOA Fees Include: Other Common Expenses
  • Year Remodeled: 2015
  • Zoning: 05 - R-5 Residential District
  • Flood Zone: Zone X
  • Elementary School: Waianae
  • Middle School: Waianae
  • High School: Waianae
  • View: Garden, Mountain
  • Furnished: Partial
  • Property Condition: Fair
  • Owner Occupancy: 52%
  • Management Company: Hawaiiana
  • Security Features: Key
  • Amenities: Private Yard, Storage, Wall/Fence
  • TMK: 1-8-5-24-69-0
  • Tax Assessed Land: $157,900
  • Tax Assessed Improvements: $74,000
  • Tax Assessed Total: $231,900
  • Courtesy: Vonlin Hawaii Real Estate / (808) 625-8915
  • MLS: 202501346
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 Waianae Commun Dev Proj Listings
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Leasehold
$269,000
Waianae Commun Dev Proj #H
4 Bds | 1 Ba
1,128 ft²
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$199,000
Kahe Kai #B101
2 Bds | 1 Ba
666 ft²
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$168,000
Pokai Bay Beach Cabanas #214
Studio | 1 Ba
290 ft²
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$129,900
Makaha Surfside #C315
Studio | 1 Ba
361 ft²
Makaha
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$205,000
Makaha Valley Towers #525
1 Bd | 1 Ba
684 ft²
Maili
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$205,000
Kahe Kai #B301
2 Bds | 1 Ba
666 ft²
  • Sold 1/24/25 at $130,000
    (List Price: $152,000)
Description
This is a great Leasehold investment and price. The fee is not available, but the lease term can be extended with a written request. It needs renovations, but if you have the talent to fix it up, this is an opportunity you don’t want to miss. This residence offers potential and opportunity. Inside, the spacious layout is roomy and well-designed. Just take it to the next level. 2 parking stalls right outside your front door and nice, easy access to your open front lanai, where you’ll find two extra-large storage closets and a backyard big enough for a garden. Beaches close by and the stunning views of the Waianae Mountain Range are a daily plus. Lease Hold and has a very low monthly rent and a long lease. Don’t delay—make a move. Sold AS-IS at this great price.
    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.
    • Jan 24, 2025 Sold for $130,000
    • Jan 07, 2025 Under Contract
    • Jan 06, 2025 Listed at $152,000
    Other Waianae Commun Dev Proj Listings
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    Leasehold
    $269,000
    Waianae Commun Dev Proj #H
    4 Bds | 1 Ba
    1,128 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: 01/02/30
    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.