Property like this rarely comes on the market, with over 20,000 sqft of usable land zoned R-5 in the center of Honolulu! This gently-downsloped, nicely-shaped parcel has plenty of parking and is convenient to transportation. From its sweeping lawns, the mountain and valley views are spectacular. The owners have a topo map plus schematic designs for development of five homes, with sewer connections approved at that time, subject to re-applying--or buyers may build their own dreams! The two houses on the property have some solid qualities and are occupied by tenants, but the property is being sold well below the Assessed Value of even just the land. Donâ??t miss this amazing opportunity! Also listed on MLS under Single-Family MLS #202417895.
Welcome to this immaculate 2-story, 6-unit apartment building, perfectly situated near parks, shopping centers, and top-rated schools. Currently 100% occupied with hand-selected tenants, each unit features Congoleum or quarry tile flooring, smoke alarms, gas ranges, electric refrigerators, and built-in ironing boards. The kitchens boast stainless steel sinks, wall cabinets extending to the ceiling, and built-in dining tables. Exterior amenities include a newly renovated 6-stall carport, a secure vinyl fence, two coin-operated washers/dryers, tankless water heaters, and ample storage. Enhanced features like photocell-mounted lights, sensor lights, and an ongoing Terminix contract ensure safety and peace of mind. This property offers a blend of comfort, convenience, and long-term value.
Fee simple, 3 story walk up, hollow title apartment with 15 one bedroom units and 16 parking stalls. Located on a quiet street, yet very convenient. close to Costco, Home Depot. Convenience is the name of the game. Each unit has own electric meter and washer and dryer at the lanai. Each unit is approximately 420.75 sqft and lanai is 68 sqft. All units are identical, Property sold AS IS condition. Financial information is subject to change.
This Property is zoned as A-2 Medium Density Apartment Use. The property could be 4-Unit rentals after a major Make-over, although two units have been remodeled in 2019. It is sold "as is' condition. Potential Buyers can drive by the property and park in front of the house and walk around; however, there is no access to the inside of the house. It is a good piece of land for the developer who has a better idea on how to use and build something else. After fix-up, potential rental income could be $6000-$7000 monthly. Please kindly note that this property is subject to 1031 Exchange.
Discover serenity and elegance in this meticulously crafted residence nestled on Madeira Street. Situated so conveniently close to downtown, yet offering a peaceful escape. This neighborhood offers a blend of tranquility and urban convenience, with easy access to parks, schools, hospitals, and dining. The property features 3 units: a large studio downstairs, one bedroom, and a two bedroom upstairs along with additional space under the house, a carport, and a yard for children or pets. Live in one unit and rent out the other two units, or rent out all three for supplemental income. Easy to rent being so close to densely populated Downtown, main Queenâ??s Hospital of Honolulu, up-and-coming Kakaako community. Do NOT miss out on this incredible opportunity!!
A rare opportunity to own a multi-family home just minutes from UH. Built in 2010, this is a 16 bedroom 8.5 bath home with a stucco finish exterior and monier tiled roof. The interior features white ceramic tile throughout. Main kitchen has upgraded appliances, granite counter tops and a split AC. There's a 361 SF covered deck to relax in with additional lanais off the 2nd floor bedrooms. There is a wet bar, family and study rooms on the 1st floor and a ply room on the 2nd floor. The property is enclosed with tile walls, fencing and rolling driveway gate/fence. The property has 3 covered parking and additional open parking with street parking. The legal description may not match tax office records and all improvements to be sold in its "AS IS" Condition.
PRIME LOCATION in town. Within a 10-15 min drive to Waikiki, Ala Moana Shopping Center/Park, University of Hawaiâ??i. One block from the City pool and park. Walking distance to McCully Shopping Center, and numerous retail/dining establishments along King Street. Public transportation and supermarkets are within a 5-10 min walk. Electricity is separately metered. 3 Units: 1 - Three-bedroom approx. 1,168 SF, 2- one-bedroom units, each approx. 396 SF. 3 Set of washer/dryer for each unit . Generally, a low maintenance property. Two gated/keyed entrances for added security/privacy. Can live in one unit and collect rent from the other 2 units. Apartment zoned but can secure 30-year fixed financing or commercial loan. 2024 rents: 3 bedroom $3,400, 1 bedroom units between $1,500 to $1,550. Tenants pay their own electricity.
Newly Renovated lately in 2024. Your chance to own this "College Hill" furnished 8BD/7BA house with Diamond Head/City/Ocean view, and Mountain/Garden views. Watch the Friday Night Firework from your picture windows in Living Room and Dining/Family room area. New windows. 30 solar panels installed for energy savings. New 4 split AC units. Chef's kitchen with granite countertops, accent lighting, and walk-in pantry. Separate guest 1BD/1BA area. Storage room/workshop. Ramps around the house make it easy for everyone. The detached storage room/workshop has a nicely finished interior with natural light, a high ceiling, and lava rock accent walls. Enjoy family dinners on your very own private patio overlooking the garden filled with Dragon Fruit, pineapple, lemon, Birds of Paradise, and flowers. The 5BD/4BA unit upstairs is separate from the three 1BD/1BA units downstairs. Rare oppotunity for live on the top level to enjoy such beautiful views or rent out all for maximum rental income. Near University of Hawaii, Punahou, MidPac & Lab School. Plentiful street parking available. Minutes to freeway East or West on-ramps. Only 7 minutes to Waikiki. See it before it's all rented out or sold.
PRICE IMPROVEMENT - 200K BELOW TAX ASSESSED VALUE FOR 2024! AN EXCEPTIONAL INVESTMENT OPPORTUNITY: UNPRECEDENTED A-2 ZONED PROPERTY IN THE HEART OF MAKIKI! FEATURING AN EXISTING WELL KEPT 3 BEDS/ 1BA SINGLE FAMILY HOME, IT ENJOYS A GREAT LOCATION JUST OFF THE MAIN THOROUGHFARE, SHARING A PAVED ROAD WITH THE POST OFFICE.WHAT MAKES THIS PROPERTY TRULY EXCEPTIONAL IS THE POTENTIAL FOR A BILL 7 REDEVELOPMENT PROJECT, ADDRESSING THE PRESSING NEED FOR AFFORDABLE HOUSING AND/OR THE POTENTIAL TO DEVELOP SENIOR CARE FACILITIES FOR OUR KAPUNA. UNDER BILL 7, YOU COULD BENEFIT FROM SUBSTANTIAL INCENTIVES, INCLUDING THE POSSIBILITY OF CITY GRANTS FOR UP TO $15.00 PER SQ.FT. UPON PROJECT COMPLETION. MOREOVER, THERE ARE NO PERMITTING OR UTILITY FEES TO WORRY ABOUT, POTENTIALLY EXPEDITED PERMITTING & REMARKABLE 10 YEAR PROPERTY TAX EXEMPTION.SELLERS HAVE A SET OF PLANS AVAILABLE FOR REVIEW. PLANS WERE FOR AN AFFORDABLE HOUSING PROJECT UNDER BILL 7. FOR FULL DETAILS AND TO EXPLORE THE DEVELOPMENT OPPORTUNITIES THIS PROPERTY HOLDS, BUYERS AND THEIR AGENTS SHOULD PERFORM THEIR DUE DILIGENCE AND CONSULT PROFESSIONALS PRIOR TO CLOSE . TO BE CONVEYED AS/IS.
Discover a rare chance to invest in not one, but two revenue-generating properties that promise exceptional returns: Prime, 2 Level Apartment Building: 6 units, each fetching $1,200 - $1,600 in monthly rent (current rent is under market value) Ample parking with 5 dedicated stalls A steady cash flow from reliable tenants Corner Parking Lot w/Endless Potential: 5 tandem spaces generating $3,000 per month Lot is equipped with water/sewer meters for added convenience It is zoned for Industrial I-2 : office/commercial gentrification, presenting a unique opportunity for future development This is not just an investment; it's a doorway to unlocking the full potential of these strategically positioned properties. Act now and seize the opportunity to diversify your portfolio with this unicorn investment. Contact us today to schedule a viewing and explore the untapped possibilities that await!
This is a 3-unit, fully occupied, income-producing property. Although the zoning is single-family residential, the 2-unit duplex is "grandfathered" in, having been installed prior to the current zoning.
Tons of charm and character with this 4 unit apartment building and 2-bedroom cottage conveniently located on a great street in the heart of Moilili! Surrounded by great schools, University of Hawaii. parks, restaurants, and bus lines. This property has tons of potential and flexibility on a large level A-2 zoned lot with possible bill 7 redevelopment. Live in one and rent the others or rent them all, each unit is separately metered for electricity, has its own water heater and dedicated washer hook ups. The 2BD/1BA cottage has recently been updated with a new roof, flooring, light fixtures, and new gas appliances. The two-story building has 4 identical 1BD/1BA apartments that have gone thru minor updates at different times. Current parking situation can be expanded by new owner. Flood Zone X. Click on Virtual Tour for high-res property video! There will be no open house. Property is occupied and will be shown to registered buyers only, please do not walk on property or disturb the tenants.
Turn-key investment opportunity with this renovated multi family property. New electrical, water heaters (2x80 gallon), foundation work, roof work. Each of the 2 homes has a separate electric meter. Property includes access to the stream. Do not disturb tenants.
Conveniently located on S. Beretania Street between Punahou and McCully, directly across from Central Union Church. This multi-family property offers a great return on investment. It features 9 rental units spread across two separate structures. The front building is a single-family home with 3 bedrooms, 1 bathroom, and a dedicated 1 vehicle carport. Additionally, there are 2 rooms at the back of the property (one currently rented) with separate shower and toilet facilities around the corner of the building. The back structure is an apartment building with 6 studio units, four of which have been renovated. Electricity and part of the gas service are individually metered, while the property has a single water meter and shared gas supply for water heaters. The front house has washer and dryer hookups, and the back apartment building has a washer hookup. A clothes line is provided for the tenants use. This property offers easy access to UH, Waikiki, Downtown, and numerous stores and eateries in the area. All units are currently rented so advanced notice for showings is required.
Prime location, Perfect little building with lots to love! EZ access from Pali Hwy. Hollow tile two-story building with 7 units: 6 one-bed, 1 three-bed, 6 parking. Nice & spacious units. Opportunity to value-add and increase rents to market rates for this desirable neighborhood with proximity to downtown, freeway in all directions, located just off the Pali exit before the Pacific Heights cutoff. Some tenants have their own washer/driers, no common laundry, one water meter, separately metered for electricity (*no master meter = no electric bill). City and County handles trash. Newly re-paved parking area.
2 story hollow tile apartment building with four 2-bedroom units. 6 parking (1 tandem and 4 single parking). Excellent tenants. Convenient Makiki location near Makiki Central Park, Schools (Punahou, Maryknoll etc.) and Kapiolani Children's hospital. Property is in good condition. Sold "As Is" No repairs or credit for repairs. Seller don't want tenants to worry about selling, please don't make noise or disturb the tenants when viewing from outside.
An investment opportunity of three dwellings with six units of 2 bdrm/1 bath in Pauoa Valley. This property includes three TMK's 1-2-2-11-15-1, 1-2-2-11-15-2, and 1-2-2-11-15-3. Each unit is separately addressed as 2138, 2138-A, 2138-B, 2138-C, 2138-D, 2138-E Kanealii Ave. Units have been renovated as tenants vacate. Each dwelling has photovoltaic, and each unit is separately metered, has individual laundry & hot water, with dedicated parking. Located in a convenient neighborhood with multiple commuting options to downtown, hospitals, and universities, this property is consistently fully-tenanted to add value to your investment portfolio. Property differs from tax records; buyer to conduct own due diligence. Owner is also listing adjacent property 2134 Kanealii Ave, MLS #202415890.
An investment opportunity of two dwellings with four units in Pauoa Valley, including one 2-story home, and another single-level home. Each unit is separately addressed as 2134, 2134-A, 2136 and 2136-A Kanealii Ave. 2134 Kanealii is an upper level 3 bdrm/2 bath unit & 2134-A Kanealii is a 3 bdrm/3 bath on the main level. 2136 Kanealii is a single-level home of 2 bdrm/1.5 baths in the front, and 2136-A Kanealii is a studio/1 bath in the back. Units have been renovated as tenants vacate. Each dwelling has owned-PV sharing an electric meter & hot water. Each unit has individual laundry & dedicated parking. Located in a convenient neighborhood with multiple commuting options to downtown, hospitals, and universities, this property is consistently fully-tenanted to add value to your investment portfolio. Property differs from tax records; buyer to conduct own due diligence. Owner is also listing adjacent property 2138 Kanealii Ave, MLS #202415892.
Just totally remodeled and built brand new first floor two story single family house in Kapahulu neighborhood. Perfect for three families to live together. Second floor has its own entrance, new kitchen, 3 bedrooms, 2 bathrooms, and living room. Also features a large covered back porch as well as an open front deck. The first floor is separated into two units, 1 bedroom with a new kitchen, new bathroom, and its own separate entrance. The other unit features a new kitchen, 1 living room, 1 large family room, 2 bedrooms and 3 full bathrooms. In total there are 7 split AC units (3 on the 2nd floor, 4 on the 1st floor). The property also features a large carport area where you can fit about 6 compact cars as well as parking on the street. The renovations and additions have been completed as of this year with an approved ADU permit. Buyer is to do their due diligence. To be sold as is.
Rarely available multiple dwelling property located in desirable Keeaumoku St. Units are separated as follows: one 3-bedroom with 2 bathrooms, four 1-bedrooms with 1 bathroom each, and 7 bedrooms that share 2 bathrooms without a kitchen. In total 8 bathrooms and 7 parking spots. Currently occupied by multiple tenants that come out to a monthly gross income of $10,245. Annual yearly gross income comes out to around $113,000. The 3-bedroom has a washer/dryer in dwelling. There are 2 coin-operated washers shared by tenants outside. The property was originally built in 1918 but was completely remodeled in 1948 and the second floor was added then. During ownership the current owner repainted, made many repairs, and replaced the roof about 4 years ago. Good investment opportunity and a chance to own land in a residential Makiki neighborhood. To be sold as is.
Unique opportunity to acquire fee simple ownership of a strategically located parcel of land in Waikiki which is improved with a 12-unit apartment building and 6 parking stalls. This prime property is currently near the end of the ground lease term which is set to expire on January 1, 2025, presenting an investor the rare chance to own a fee simple apartment building in Waikiki. This distinguished property features a well-maintained, fully leased 12-unit apartment building, generating steady rental income. The approaching expiration of the ground lease provides a timely opportunity for investors to unlock further value through redevelopment or enhancement of the existing improvements. Ideal for investors looking to capitalize on the ground lease expiration, this property offers significant value-add opportunities. By renovating the apartment building and adjusting rents to market rates, investors can maximize returns and enhance the propertyâ??s overall value.
Great investment opportunity to own a two-story, concrete apartment building located in the desirable Moiliili neighborhood! Conveniently located near McCully Shopping Center, University of Hawaii at Manoa, Waikiki, Ala Moana Shopping Center, schools, restaurants, shops, parks, beaches, bus lines, easy access to freeways and much more! Building includes a total of 6 units, all tenant occupied, current rents are below market. Ground floor and 2nd floor both consist of two 2-bedroom units and one 1-bedroom unit. Each unit has its own living area, kitchen, bathroom, lanai, washer hookup, electric meter, and assigned open parking stall. Property to be sold AS Is.
ATTENTION DEVELOPERS!!! Prime 12,000sf lot less than a mile between both Waikiki and UH Manoa. So much potential: Bill 7 development/ live in one, rent the others/ land bank and build later/ rent out as isâ??-itâ??s all up to you! DD includes: EDR Neighborhood Environmental Report, Geotechnical Report with boring logs and infiltration tests, a TOPO survey and conceptual plans with A-sheets and a prelim foundation design. Existing structures have 5 twos rented, one tear-down. **Development options present a variety of potential paths for the creative owner: Bill 07 possibility of up to a maximum of 60 units and 48,000sf of floor area or standard A2 zoning for up to 16,080sf that takes advantage of the cityâ??s newest parking exemptions for multi-family developments in the PUC. Not located in a HI School Impact District, new development save BIG on DOE Impact Fees, which start at close to $3,864 and up per unit (i.e. up to over $230,000 in savings!) in a number of Honolulu neighborhoods. **Buyers to do their own dd and verify all the latest city programs and rules with the appropriate experts and agencies**
Sweeping ocean and valley views with multi-family options are yours in this new home so conveniently located to many lifestyle preferences. This is not a spec home! It was built by sellers to keep and earn revenue, with sustainability, climate and longevity in mind. The fortunate buyer will benefit from fortress-like building materials, sound barrier flooring, hurricane clips, heat pump, dumbwaiter. In addition, many thoughtful architectural and design elements deserve a visit to witness and appreciate: flat screen TVs, split AC and custom Levolor window shades in almost every room! All appliances included! Bring your â??ohana for the best in shared living, with perhaps a bonus of rental income. Layout of this new 4-story dwelling: 1st floor - 2BR / 1BA; 2nd floor - 3BR / 2BA; 3rd floor (2-story) - 4BR / 2.5BA with lanai plus expansive patio surrounded by a green living wall. All are situated over a 4-car garage with space for four cars tandem. First floor was approved and built as an ADU; it can be certified after the City & County updates area sewer.
Honolulu is located in Hawaii. Honolulu, Hawaii has a population of 350,788. Honolulu is less family-centric than the surrounding county with 29.66% of the households containing married families with children. The county average for households married with children is 34.4%.
The median household income in Honolulu, Hawaii is $65,707. The median household income for the surrounding county is $80,078 compared to the national median of $57,652. The median age of people living in Honolulu is 41.4 years.
The average high temperature in July is 84.4 degrees, with an average low temperature in January of 64.6 degrees. The average rainfall is approximately 78.9 inches per year, with 0 inches of snow per year.
