| Description | The property features five separate residential units, in beautiful Palolo Valley, providing immediate income and a compelling value-add investment opportunity. Priced to reflect its current condition, including existing water intrusion and significant repair needs, this offering provides investors the opportunity to acquire a multi-unit asset at a substantial discount. With renovation and repositioning, the property offers meaningful upside through increased rental income and long-term appreciation. |
|---|---|
| Status | Active since 06-18-2026 |
| MLS# | 202611901 |
| Price | $1,488,000 |
| Original Price | $1,650,000 |
| Price Change | $-162,000 (-9.82%) |
| Studio Units | 0 |
| One Bed Units | 0 |
| Two Bed Units | 2 |
| Three Bed Units | 3 |
| Living Sq Ft | 3,619 |
| Land Sq Ft | 25,129 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 2001 10th Avenue Honolulu HI 96816 |
| Region | Diamond Head |
| Neighborhood | Palolo |
| Days on Market | 101 |
| Year Built | 1959 |
| Year Remodeled | 1979 |
| Condition | Fair,Needs Major Repair |
| View | City, Mountain, Ocean |
| Parking | None |
| Zoning | 05 - R-5 Residential District |
| Flood Zone | Zone X |
| Tax Amount | $416 |
| Assessed Land | $698,000 |
| Assessed Building | $492,600 |
| Assessed Total | $1,190,600 |
| Assessed Ratio | 125% |
| Utilities | Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Water |
| Construction | Above Ground, Single Wall, Wood Frame |
| Lot Features | Other |
| Disclosures | None |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Steep Slope |
| Roofing | Composition |
| Easements | Electric |
| Parcel # | 1-3-3-036-011-0000 |
| Listing courtesy of | CBI Residential Advisory Svcs. |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 07-07-2026 | 202611901 | Price Decrease | $1,650,000 | $1,488,000 | $1,488,000 | $0 | $1,190,600 | $698,000 | $492,600 |
| 06-18-2026 | 202611901 | New Listing | A | $1,488,000 | $0 | $1,190,600 | $698,000 | $492,600 |
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