| Description | NEW LISTING! RARE OFFERING AND OPPORTUNITY to rehab, restore or redevelop a prime A-2 lot with FIVE separate cottages in an unbeatable central location! First time ever offered, this unique property features three 2-bedroom/1-bath units and two studios with incredible potential on an 8,273 sqft apartment-zoned parcel. Four parking stalls plus ample street parking. Each structure is separately electric metered, with 4 of 5 units currently rented to longtime, month-to-month tenants at below-market rents. Each unit also has its own laundry machines, owned by the tenants. Amazing location off Kapiolani near University of Hawaii, restaurants, shopping, Ala Wai Golf Course, Waikiki, bus lines and freeway access. Priced to sell nearly $300,000 below tax-assessed value. Don’t miss this special investment opportunity! Do not disturb tenants. Sold strictly as-is. |
|---|---|
| Status | Sold since 05-01-2026 |
| MLS# | 202606015 |
| Price | $1,680,000 |
| Original Price | $1,680,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 6 / 5 / 0 |
| Parking Spaces | 4 |
| Living Sq Ft | 2,204 |
| Land Sq Ft | 8,273 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 735 Isenberg Street Honolulu HI 96826 |
| Region | Metro |
| Neighborhood | Moiliili |
| Days on Market | 8 |
| Year Built | 1949 |
| Year Remodeled | 1957 |
| Condition | Fair,Needs Major Repair |
| View | None |
| Pool | None |
| Parking | 3 Car+, Driveway, Street |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone A |
| Elementary | Ala Wai |
| Middle | Washington |
| High | Kaimuki |
| Tax Amount | $573 |
| Assessed Land | $1,826,400 |
| Assessed Building | $136,300 |
| Assessed Total | $1,962,700 |
| Assessed Ratio | 86% |
| Inclusions | Ceiling Fan, Range/Oven, Refrigerator, Water Heater |
| Amenities | None |
| Utilities | Cable, Gas, Overhead Electricity, Public Water, Sewer Fee, Water |
| Construction | Above Ground, Single Wall |
| Lot Features | Other |
| Flooring | Hardwood, Laminate, Other, Vinyl |
| Disclosures | None |
| Land Recorded | Dual Systems |
| Possession | 45 Days or Less, At Closing |
| Sale Conditions | None |
| Topography | Level |
| Building Style | Multiple Dwellings |
| Roofing | Asphalt Shingle, Other |
| Easements | None |
| Parcel # | 1-2-7-012-033-0000 |
| Listing courtesy of | REMAX Hawaii |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 06-19-2026 | 202606015 | Sold | C | S | $1,680,000 | $1,880,000 | $1,962,700 | $1,826,400 | $136,300 |
| 05-09-2026 | 202606015 | Active Under Contract | A | C | $1,680,000 | $1,880,000 | $1,962,700 | $1,826,400 | $136,300 |
| 05-01-2026 | 202606015 | New Listing | CS | A | $1,680,000 | $1,880,000 | $1,962,700 | $1,826,400 | $136,300 |
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