85-153a Ala Akau St

MLS® 202404171 (Hawaii Real Estate) is located at 85-153a Ala Akau St Waianae HI 96792 in WAIANAE . The current listing status is In Escrow Showing. This 4 bed and 2 bath Home was built in 1974 and features 1158 finished sq.ft with a lot size of 0.04 acres. This property is currently listed for an *asking* price of $235,000 (LH - Leasehold) - please call for an explanation of fee simple vs leasehold. Buying Real Estate in Hawaii is very different from the mainland. We can help. 808-298-2030 Click Here to read customer Reviews from people who have worked with this agent.

Welcome to your new beginning! This 4-bedroom, 1.5-bathroom townhouse is the ideal place to plant roots and start your homeownership journey. Boasting 1,158 sq. ft. of living space, it's perfect for first-time homebuyers looking for affordability without sacrificing comfort. As you step inside, you're greeted by a freshly painted interior, the layout is ideal for family living with an enclosed back yard with enough room to let the kids and pets play! The property presents a great opportunity for a rental investment as well. The current lease is set to expire in 2030, with the potential for extension to 2055. Enjoy incredibly low lease payments of $58.46 per month until June 30, 2025, with a minor step up to $82.25 per month from July 1, 2025, through April 1, 2030, providing an exceptional value for the area. For those seeking financing options, both FHA spot loans and conventional financing may be available to accommodate short-term financing needs. Don't miss out on the chance to make it your own slice of Hawaiian paradise. Welcome home!