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84-290 Makaha Valley Road, Waianae, HI 96792

Waianae
Local realty services provided by:CENTURY 21 Island Homes
84-290 Makaha Valley Road,Waianae, HI 96792
$1,999,000
  • 15 Beds
  • 8 Baths
  • 4,384 sq. ft.
  • Multi-family
  • Active
Listed by: vai lan lau
Office: sc realty, llc.
MLS#:202610829
Source:HI_HBR

Price summary

  • Price:$1,999,000
  • Price per sq. ft.:$455.98

About this home

Great investment opportunity to own a beautiful 1-acre, fully permitted multi-unit, income-producing property located in the peaceful Makaha Valley! Property has 3 legal structures that were fully remodeled in 2024 & 2026: 1) 4 bed/ 2.5 bath main house with window A/C in the bedrooms 2) two-story concrete building - 5 bed/ 2 bath upstairs unit & 5 bed/ 2 bath downstairs unit 3) one-bedroom cottage with a detached single bedroom. This property currently generates $9,900 per month in rental income from three occupied units, with one additional vacant unit projected at $3,600 per month based on current market rent. Upon full occupancy, the projected gross rental income is $13,500 per month, or $162,000 annually. Because all units are legally permitted, the property should be evaluated not only by comparable residential sales, but also by its income-producing capability using an income approach. Lots of parking. Large deck to relax and entertain in the spacious backyard with mango trees...

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Home facts

  • Year built:1974
  • Listing ID #:202610829
  • Added:55 day(s) ago
  • Updated:July 29, 2026 at 12:26 PM

Rooms and interior

  • Bedrooms:15
  • Total bathrooms:8
  • Full bathrooms:7
  • Half bathrooms:1
  • Flooring:Vinyl
  • Living area:4,384 sq. ft.

Structure and exterior

  • Year built:1974
  • Building area:4,384 sq. ft.
  • Lot area:1 Acres
  • Lot Features:Interior Lot, Level
  • Architectural Style:Cottage, Detached, Duplex, Multiplex
  • Construction Materials:Hollow Tile, Single Wall, Wood Frame
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Cesspool

Finances and disclosures

  • Price:$1,999,000
  • Price per sq. ft.:$455.98
  • Tax amount:$3,696

Parking

  • Total parking spaces:10
  • Parking description:Boat, Carport, Three or More Spaces
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on July 29, 2026. Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd.

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