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.
Industrial - Wahiawa, HI
30 Cypress Ave, 30 Cypress Avenue
Industrial building • ref: 3yd-HICENTRAL-202502604
$3,995,000
Spaces
Parking lots (outside)18
Surfaces
Land12422 sq ft (1154 m²)
30 Cypress Avenue, Wahiawa
TypeBuilding
Construction year1934
Keller Williams Honolulu
IDHICENTRAL
NameHonolulu Board of REALTORS®
Number202502604