You've probably driven by this property a million times and its finally on the market for sale! 30 one-bedroom/one-bath units plus 2 commercial units with 40 parking stalls! HUGE 21,410 square foot BMS-3 zoned parcel in the McCully/Moiliili neighborhood between Isenberg and McCully Streets! Roughly half the units have been remodeled. One unit had a recent fire, has been gutted and waiting for the insurance company's contractor to start the renovations. Currently fully occupied except for the unit that had the fire. Income and expenses are proforma. Separate electrical meters with individual water heaters. No washer/dryers currently on premises.
Located near UH, bus stops, and a freeway entrance, this fully occupied multi-family property at 2827B Waialae Ave presents an excellent investment opportunity. It includes five 2-bedroom apartments ideal for student rentals, plus a spacious 3-bedroom unit perfect for owner occupancy or additional rental income. Equipped with Ring Spotlight cameras, the property offers added security and peace of mind for tenants. The listing price is $2,323,000, based on the 2018 purchase price, adjusted for property taxes and six years of compounded loan interest. Interest rates were applied at 4% for the first two years, 5% for the next two, and 6% for the final two years, adding $589,205.79 to the original purchase price of $1,733,710.08. This property is a rare opportunity for rental income and growth potential in an ideal location.
RARE OPPORTUNITY! Don’t miss this A-2 zoned property with 2 structures and 3 separate units. Front house has a 3 bedroom, 1 bath. Rear home has TWO 1 Bedroom, 1 Bath attached units. Property needs a lot of work but perfect for redevelopment or renovation for multi-family living. Just minutes from Waikiki, Ala Moana, shopping, restaurants, and entertainment. Hurry this won’t last!
Prime location on Kapiolani Blvd. Currently rent as 6 separated units. Rents are below current market rent. This sales including TMK 123-034-019-0001, 123-034-018-0002, 123-034-019-0003. Three detached CPR houses (Condominium Property Regime). Front & middle houses have Five bedroom/3baths(3/2 up 2/1 down) and the back house has three bedroom three bath(2/1 up 1/1 down), built in 2015 with stucco exteriors and garages. Each home features a spacious interior with a separated entrance. Walking distance to the world-famous Ala Moana Shopping Center, Beach Park, and yacht club. Near by Keeaumoku with all the eatery & Don Quijote supermarket. Conveniently close to Waikiki, with easy access to restaurants, bus stops, and the convention center, These properties can be sold individually or as a package. All interior photos were taken before tenants moved in.
Price reduced by $100,000! 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.
Have you been looking for an established apartment building with overflowing investment potential and an unparalleled location? You’re in luck! This 42-unit apartment building is perfectly situated in the coveted historic neighborhood of Moiliili close to many restaurants, stores, schools, Kapiolani Medical Center (0.6-miles), Ala Moana Center (0.9-miles), University of Hawaii at Manoa (1.1-miles), and Downtown Honolulu (2.1-miles). Equipped with a gated lower-level parking lot and an upper-level parking lot, this building features 42 1BR/1BA units, 1:1 parking ratio, solid concrete construction, keyed elevator, trash chutes on each level, and a secured community laundry room with 4 washers and 4 dryers. Other considerations include separate electric meters, lovely views, loading zone area, and much more! Call now to find out more about adding this building to your investment portfolio! NOI is actual with many under market rent units. Please contact Listor with additional questions and interior showings will be subjected to accepted offer. Please submit offers on the Commercial Purchase and Sale Agreement form. DO NOT DISTURB tenants.
The median home value in Honolulu, HI is $772,840. This is lower than the county median home value of $858,400. The national median home value is $338,100. The average price of homes sold in Honolulu, HI is $772,840. Approximately 40.48% of Honolulu homes are owned, compared to 46.38% rented, while 13.14% are vacant. Honolulu real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Honolulu real estate agent to arrange a tour today!
Honolulu, Hawaii 96826 has a population of 368,351. Honolulu 96826 is less family-centric than the surrounding county with 27.69% of the households containing married families with children. The county average for households married with children is 32.25%.
The median household income in Honolulu, Hawaii 96826 is $78,425. The median household income for the surrounding county is $92,600 compared to the national median of $69,021. The median age of people living in Honolulu 96826 is 38.4 years.
The average high temperature in July is 85.36 degrees, with an average low temperature in January of 65.49 degrees. The average rainfall is approximately 46.22 inches per year, with 0 inches of snow per year.