Description: Don’t miss this fantastic opportunity to own in A-2 zoning with four 2 bdrm/1 bath units in a 2-story fourplex and two 1 bdrm/1 bath units in a 1-story duplex in the Kapahulu neighborhood. Situated on an almost 7,400 sq. ft. lot, the freshly painted structures have one-for-one parking and separate electric metered units that present an amazing investment opportunity! Conveniently located near parks, beaches and Waikiki with an abundance of restaurants, shopping and entertainment. Hurry this one won’t last!
Description: Significant Price Adjustment & Attractive Income - Seize an opportunity to own this 2025 fully renovated multi-family property in Kapahulu, a neighborhood abundant in amenities commanding low vacancy rates. Ample parking for 8 units, each with a private yard or lanai. Five 1-BD/1-BA units are divided between the two buildings on the ground floor. On the upper levels, you’ll find two 2-BD/1-BA units at the rear building, and the 3-BD/2-BA unit at the front building. Brand new appliances including fridge, stove/oven, and microwave hood, plus washer for each unit. Tenant pays parking, and separately metered electric & gas. Proximity to Waikiki, UH Manoa and other highlights, this location is highly rated for walkability & bus routes. Parking includes 4-car tandem parking in carport, tandem spaces on driveway, and frontage pad parking for 2 vehicles. Your investment portfolio will appreciate this exploration of value and potential in this turnkey property!
Description: NEW PRICE $1,750,000! Excellent investment opportunity in Kapahulu on a large, level 7,036 sq. ft. lot with A-2 zoning.
This property offers both immediate income potential and long-term development options. The existing structure includes three units: two 2-bedroom/1-bath units upstairs and one 4-bedroom/2-bath unit downstairs, with the option to reconfigure the lower level into two 2-bedroom/1-bath units.
Estimated rental income is approximately $6,000/month in current condition, with potential to increase to $8,000+/month after updates, plus additional income from parking.
For developers, the true value lies in the land and zoning flexibility, with the possibility to redevelop into an apartment complex or maximize density. Bill 7 potential
Conveniently located near Waikiki, Kapiolani Park, golf courses, shops, and restaurants. Property is vacant and ready for immediate rental, renovation, or redevelopment.
Description: 2848 Date Street presents a rare opportunity to acquire a fully stabilized, renovated multifamily asset in one of Honolulu's most supply-constrained submarkets. With over $450,000 of recent capital improvements, investors can benefit from modernized units, reduced maintenance exposure, and strong in-place income. The property's combination of prime location, consistent occupancy, and upgraded condition positions is a turnkey investment offering immediate cash flow and long-term value appreciation potential. For investors seeking durable performance and exposure to Hawaii's resilient, high-barrier-to-entry multifamily market, 2848 Date Street stands out as a compelling opportunity. Note: One or more photos may have been enhanced.
Description: Discover a prime investment opportunity with two well-maintained apartment buildings located in the vibrant Kapahulu neighborhood.
Perfectly positioned across from Crane Park, this property offers both convenience and potential in one of Honolulu’s most desirable areas. Building 1: 4 spacious 2-bedroom apartments. Building 2: One 4-bedroom units and two cozy 1-bedroom units. Location Highlights includes 1) Across from Crane Park – Enjoy easy access to outdoor recreation right at your doorstep, 2) Walking distance to Kapahulu Avenue – Stroll to a variety of shops, restaurants, and local amenities. 3) Close to UH – A short drive to the University of Hawaii, making it ideal for students or faculty. 4) Convenient bus stops nearby – Easy access to public transportation for commuting
Description: $100,000 PRICE ADJUSTMENT $242,000 /UNIT 1- 3br, 1-2br, 5-1br. 6.1% CAP RATE PROFORMA for this conveniently located property! Awaiting your offer.. Fully tenanted and recently painted seven unit apartment complex on wide streets. Property used by tenants to park six cars in unmarked spaces. In convenient Kapahulu. Near Waikiki, Ala Moana, restaurants, super market (Safeway and Foodland), other consumer establishments, and bus lines. To be sold in existing As Is condition. Subject to 1031 Exchange. Seller prefers to use Barbara Paulo, Title Guaranty Escrow (Queen St.). Please do not disturb or discuss with tenants. Fully tenanted. No showings. Make an offer subject to inspection.
Description: An excellent opportunity to own a multifamily property in a prime location in the Kapahulu area. The 4-unit concrete hollow tile building consists of 1 (3bd/2ba), 1 (2bd/1ba), and 2 (1bd/1ba) units and sits on 6,562 square feet of A-2 zoned land. There are a total of 6 parking stalls with the potential to add additional stalls. The large owner’s suite allows for an investor to “house hack” the property and offset their housing expense with the three other units’ rental income. The building's exterior just received a fresh coat of paint. Common area laundry hook ups are also available. Perfectly located between the University of Hawaii at Manoa and Waikiki. Within proximity to Kaimuki High School, Iolani School, Ala Wai Golf Course, Kapiolani Park, Waikiki Beach, and Diamond Head.
Description: Investor/contractor ready at this exceptional location zoned A-2. Eight units totaling 11 bedrooms in 2 buildings sold below appraised value. Front building features ground level 2 x 1BD/1BA + upstairs 1 x 2BD/1BA. Rear building features ground level 3 x 1BD/1BA + upstairs 2 x 2BD/1BA. Outdoor covered area between 2 buildings could be configured for higher use. Separate meters for electric & gas, with 2 parking in front plus 3 tandem parking at the side. Pro forma assumes current rental with some general repairs. Excellent additional income potential with targeted improvements. Property sold in “As Is” condition to cash buyer only. Buyer to conduct own due diligence and seller will not credit or repair any items. See supplements for building sketch and pro forma. Do not enter the property but drive-by’s are welcome. First showing is Feb 7, please pre-register in SentriKey or ShowingTime.