Description: Exceptional Multi-Unit Property with Strong Income & Development Potential. Discover an outstanding investment opportunity on this 9,689 SF lot featuring 5,932 SF bldgs comprised of 9 front units & a duplex in the rear. The property is fully enclosed with brand-new perimeter fence & automatic swing driveway gate & entrance door, offering both privacy & security. Brand new windows & doors, cabinets & countertops, appliances, fixtures, flooring, lighting & more. The front building has been completely renovated inside & out, showcasing modern finishes, upgraded interiors, & a refreshed exterior appeal. The rear duplex has been partially renovated & includes a 3BD/1BA unit on the upper floor & a 2BD/1BA on the ground level, ideal for an extended family or additional rental income. The front structure features 8-1BD/1BA units & 1-2BD/1BA unit, providing a stable & diversified rental mix. Individual laundry in 7 units & shared laundry for 4 ground units in front building. Individually metered for tenant's own electricity. With potential to further expand or redevelop rear duplex area, this property offers excellent flexibility for future growth, family use, or increased income potential.
Description: This 3-story walkup, built in 1970 using hollow tile, offers 12 2-bedroom, 1-bath units & 18 parking stalls. All apartments feature a full-size washer and dryer on the patio, & many units are equipped w/ window air conditioners in the bedroom. Ceiling fans are standard in all units, offering comfort & air circulation. Improvements to the interior & exterior have significantly upgraded the property. In 2017, the owner invested $250,000 in interior enhancements for all units, including the installation of modern cabinetry, new flooring, & stylish window treatments. Renovations of late to some of the units include the installation of luxury vinyl plank flooring. Between 2018 and 2020, impressive exterior enhancements were performed. These included asphalt reconstruction of the parking area w/fresh striping & wheel stops, spalling work on the building's exterior, & waterproofing of the open staircase & concrete eyebrows on both the Diamond Head and Ewa side of the building. The roof received special attention with the application of a Tropical Silicone coating and the installation of galvanized cap flashing, a new roof hatch, safety anchors and rail guards.
