360 A Lama St

1,892 Sq. Ft.
$526 / Sq. Ft.
1,892
Sq. Ft.
$526
per Sq. Ft.

Description

Not too far, not too close—JUST RIGHT! Located in the highly desirable Panaewa Houselots, this centrally placed and spacious property presents a rare opportunity for investors or extended-family living. Properties of this type seldom become available in this area. Conveniently situated near Prince Kuhio Plaza and Puainako Town Center, the location offers an ideal balance of privacy and accessibility. Owned by a longtime kamaʻāina family, this is the first time the property has ever been offered for...Not too far, not too close—JUST RIGHT! Located in the highly desirable Panaewa Houselots, this centrally placed and spacious property presents a rare opportunity for investors or extended-family living. Properties of this type seldom become available in this area. Conveniently situated near Prince Kuhio Plaza and Puainako Town Center, the location offers an ideal balance of privacy and accessibility. Owned by a longtime kamaʻāina family, this is the first time the property has ever been offered for sale—truly a unique opportunity. Situated at 360 Lama Street, the large rectangular lot features two fully permitted, detached homes, each with easy road access and its own carport parking. The rear portion of the land provides generous outdoor space, ideal for gardening, recreation, or future possibilities. Currently operated as long-term rentals and professionally managed by a Hilo property management company, the house lot offers immediate income potential. Property Details:
1. 360-A: 3 Bedrooms | 2 Bath | Extended Living Room | Carport | Approx. 968 sqft. (Tenant occupied, month-to-month; easy to show)
2. 360-B: 3 Bedrooms | 2 Bath| Extended Living Room | Carport | Approx. 924 sqft. (Vacant)

Perfect for investors, multi-generational living, or owner-occupants seeking flexibility, this versatile property offers endless potential and is a must-see. Information deemed reliable but not guaranteed. Buyers and buyers’ agents to independently verify all material facts. Bathroom count does not match county records.
  1. Listed by Lucy Y. Parkin • License #RS-68395 • Brokerage DRE #RB-23208 • Berkshire Hathaway HomeServices Hawaii Island Properties
    P: (808)-357-3938 C: (808)-357-3938 lucy4bhh@gmail.com

Property Details for 360 A Lama Street

Waterfront
No
Subdivision Name
PANAEWA HOUSELOTS
Zoning
A-3A
LISTING UPDATED: 02/02/2026 01:53 PM

Property Details for 360 A Lama Street

StatusActive
MLS #726875
Days on Market41
Taxes$2,815 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1963
Lot Size2.73 AC / 118,919 SF
CountyHawaii County

Location

Listing Courtesy of Berkshire Hathaway HomeServices Hawaii Island Properties, Lucy Y. Parkin, License #RS-68395
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Building Information for 360 A Lama Street

Stories-Residences-Year Built1963Building Size-Lot Size2.73 AC / 118,919 SF

Payment Calculator

$5,084 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,849

Property Taxes

$235

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 360 A Lama Street

Summary
Location and General Information
  • Flood Zone: X
  • Lava Zone: 3
  • Directions: 360-A Lama ST., PARK AT 360-B (2ND HOUSE)
  • Topography: Fairly Level
  • Latitude: 19.66779254
  • Longitude: -155.05337189
  • Year Built: 1963
  • Road Frontage Type: Road/Street
  • Roads: County
Taxes and HOA
  • Association Fee Frequency: Monthly
  • Tax Year: 2025
  • Association Fee: $0
  • Tax Annual Amount: $2,815
  • Tax Assessed Value: 607000.0
  • Parcel Number: 3-2-2-51-11
  • Tax key: 322051011
  • Tax Lot: 32
Parking
  • Carport Area Units: Square Feet
  • Garage Area Units: Square Feet
  • Parking Features: Covered
Property
Lot Information
  • Lot Size Units: Square Feet
  • Living Area Units: Square Feet
  • Other Building Area Units: Square Feet
  • Roofed Area Units: Square Feet
  • Lot Features: Cleared, Wooded
  • Land Tenure: Fee Simple
  • Living Area: 1892.0
  • Lot Size Area: 118919.0
Property and Assessments
  • Special Assessment Amount Frequency: Monthly
  • Assessment Year: 2025
  • Covenants Conditions Restrictions: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Agriculture Dedicated: No
Utilities
  • Internet Access: Cable, Wireless
  • Sewer: Cesspool
  • Solid Waste Disposal: None
  • Utilities: Cable Available, Electricity Available, Phone Available
Interior and Exterior Features
Exterior Features
  • Exterior Area Units: Square Feet
  • Pool: No
  • Fencing: None
  • Structures: Yes
Interior Features
  • Elevation Units: Feet
  • Bathrooms Total: 4
  • Flooring: Carpet
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 6
Rental
Rental Information
  • Leasable Area Units: Square Feet

Property History for 360 A Lama Street

DateEvent & SourcePriceAppreciation
Jan 12, 2026

Listed (Active)

HIS #726875

$995,000
DateEvent & SourcePrice
01/12/2026

Listed (Active)

HIS #726875

$995,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 360 A Lama Street

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - PK to 8
Rating
School
Distance
Waiakeawaena Elementary School
PublicPK to 5

Waiakea Intermediate School
Public6 to 8

Waiakea High School
Public9 to 12

Kua O Ka La - Public Charter School
CharterPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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360 A Lama Street is a multi-family home for sale in Hilo, HI 96720. This property was listed for sale on January 12, 2026 by Berkshire Hathaway HomeServices Hawaii Island Properties, it's currently listed at $995,000. This listing's school district is Hawaii Department Of Education. Nearby schools include Waiakeawaena Elementary School, Waiakea Intermediate School and Waiakea High School. 360 A Lama Street is a 6-bed, 4-bath, 1,892 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Hawaii Island Properties, Lucy Y. Parkin, License #RS-68395

Based on information from one of the following Multiple Listing Services: Hawaii HIS, MAUI MLS and Hi Central. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Hawaii HIS, MAUI MLS and Hi Central is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.