Listing courtesy of CBI Residential Advisory Svcs.
Description: Multiple Single Level Wooden Houses on LARGE LOT -Mix of 2, 3, 4- Bedroom Units + 1 Studio (vacant) -Gated/Secured/Private -Property extends to other side of the stream -Recently Appraised for $2,140,000 -Long Term Tenants
Description: Well-located 10-unit multifamily property in the heart of Moiliili. All units are 1BD/1BA and currently rented, providing immediate in-place income. Two units have been recently improved, with additional upside potential through renovation and repositioning of remaining units. Each unit features a private rear patio with a washing machine, and the property offers 12 parking spaces (and one can be tandem)! Separately metered electric and gas enhance operational efficiency. Recently painted exterior with CMU lower level and wood-frame upper-level construction. Centrally located near the University of Hawaii, Waikiki, shopping, dining, entertainment, and freeway access. Excellent opportunity in a supply-constrained rental market!
Description: Conveniently located within a mile of the famous Waikiki Beach, Ala Moana Beach Park, Ala Moana Shopping Center and Mccully Shopping Center. This versatile property is a great multifamily/multi-generational opportunity. Property features 2 side by side units that are separately metered for water/sewer and electricity. Each side can also be split between the upstairs and downstairs making a total of 4 units all with separate entrances. One side of the house built in 2002 features a 2 car enclosed garage with 3 bed/1 bath upstairs and 2 bed/1 bath downstairs. The other side built in 2008 features a carport for 2 cars with 3 bed/1.5 bath upstairs and 2 bed/1 bath downstairs. Close to an array of dining and shopping options, schools, bus lines and freeway access. This house has been well maintained and features a new roof! Sold "As Is". Tax records do not match. Do not go onto the property. Do Not disturb the tenants.
Description: Rare Multi Unit Investment Opportunity in Pauoa Valley
Exceptional opportunity to acquire three dwellings comprising six 2-bedroom, 1-bath units in desirable Pauoa Valley. This offering includes three TMKs: 1-2-2-11-15-1, 1-2-2-11-15-2, and 1-2-2-11-15-3, with each unit separately addressed as 2138, 2138-A, 2138-B, 2138-C, 2138-D, and 2138-E Kanealii Ave.Units have been updated over time as tenants vacate, supporting ongoing value and rental appeal. Each dwelling is equipped with photovoltaic (PV) systems, and all units are separately metered with individual laundry, hot water, and dedicated parking features that help streamline management and attract long-term tenants.
Located in a convenient, centrally situated neighborhood with multiple commuting options to downtown Honolulu, major hospitals, and universities. The property has a history of being consistently fully tenanted, making it a strong addition to any investment portfolio.
Adjacent property at 2134 Kanealii Ave. is also available for purchase.
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: Opportunity knocks for a new owner to transform this multi-dwelling property into a grand estate! This large CPR'd lot with 2 single family homes and in-ground pool is located just along the stunning slopes of Round Top Drive. The main 5 bed, 3 bath dwelling was thoughtfully upgraded in 2025 and features a massive living room that acts as the beating heart of the home, taking your breath away with its impressive lofted ceilings, floor-to-ceiling windows, and views of Honolulu, extending all the way out to the sapphire blues of the Pacific. The finished basement is a unique and flexible feature that can be used in a variety of different ways, from an office, to a home gym, to an entertainment room. The rear dwelling is a 2-story 3 bed, 2 bath, built in 1982 with a large wood deck
and 2-car carport. These homes have been loved for many years, and with just a little more TLC, both properties can be brought back to their original shine and glory. Perfect for multi-generational living and just a few minutes drive from Punahou School, MidPac, Ala Moana, and the beautiful Tantalus Lookout, this is truly a unique, one-of-a-kind property! Must see to fully appreciate all it has to offer.
Description: This one will go fast!!! Stellar location w/ lots of curb appeal directly across from Iolani School. Super desirable, sought-after neighborhood with a lot of up-side to existing rents and stable tenant base. Really nice sized A-2 zoned lot w/ lots of development potential. Two structures w/ spacious units: front building is a hollow tile structure w/ five units (four 2 bed, 1 ba units + a very private 2 bed, 1.5 ba penthouse unit)--units go from one side to the other=privacy for these units. Back building has two stories: hollow tile first floor w/ wood second floor w/ four 2 bed units. 4/9 units renovated. 9 parking spaces (8 covered). Back building was recently painted and has two sets of stairs for separate access. Leased coin laundry with good income. See agent showing remarks for instructions on how to get more info on rent roll & inc/exp info; Call today to show.
Description: Welcome to 1323 Matlock, a well maintained hollow tile apartment building with a convenient location. This seven unit apartment building is full of potential. All seven of the units have two bedrooms, one bathroom, and lanais with washer hook ups. The ground floor unit features a large patio space and high ceilings. Please see the separate listing of adjacent property at 1329 Matlock Ave as the sale of both properties together are preferred.
Description: Great location near Queens/Punchbowl/Downtown. 12 - one bedroom units with 12 parking spaces (8 single stalls and 2 tandem stalls) located on Lusitana St. 8 units out of 12 have been renovated. Ground floor larger with courtyards. 2nd floor also has lanais for each unit. Hollow tile construction. Conveniently located with easy access to freeway. Don't miss this excellent investment opportunity! Property has been very maintained and managed by professional management company. Great cash flow investor.
Description: Impressive 8% CAP rate! Opportunity to own a multi-family property in an unbeatable location across from Iolani School. This property includes three single-story duplex buildings (6 units total), currently configured as three spacious 4-bedroom, 2-bath units- originally six (2-bed, 1-bath) units and easily convertible back for greater rental flexibility. Long-term tenants in place, and generating strong cash flow. Conveniently located near Waikiki Beach, Ala Moana, bus lines, and restaurants. *Some photos have been virtually decluttered
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: Located in the heart of Waikiki, 454 Kuamoo St is a prime investment opportunity offering multi-family living in one of Honolulu’s most desirable areas. This walk-up building features 6 one-bedroom units, 3 studio units, multiple storage rooms/closets and currently 3 parking stalls. Building's electrical system has been upgraded, exterior recently repainted and trees trimmed away from the property. All units' have sub metered electricity and functional layouts taking full advantage of the interior sq ft. Washer and dryer facilities are on the premises for additional income. With an unbeatable location, this property provides easy access to world-class beaches, shopping, dining, and entertainment, making it highly attractive to tenants. Whether you're seeking long-term appreciation, cash flow, or redevelopment potential, this property offers versatility and value in a thriving Waikiki market. The building has Tenants until the end of July 2025, allowing the new owner to make necessary upgrades and collect the maximum rental amount. Sellers are motivated and open to all offers.
Description: Investor Opportunity – Honolulu Multifamily with Built-In Upside - 9 units | 2bd/1ba - 8 | Studio -1 AND 9 Parking stalls (2 covered). Apartment building located in the heart of Moiliili—one of Honolulu’s most established and consistently high-demand rental submarkets—717 Hausten Street offers immediate upside for investors. Stabilized asset with immediate value-add potential as units are leased below market and a clear value-add opportunity through rent adjustments. Significant capital improvements include asbestos abatement (2010), major plumbing/sewer upgrades (2019), new roof (2020), firehose replacement (2021), laundry plumbing (2023), and new mailboxes with completed spalling repairs (2025). This turnkey legacy investment property features copper gutters, 2 security cameras, fresh exterior paint, and ongoing preventative maintenance. With strong tenant demand and proximity to transit, schools, and retail, this is an IDEAL opportunity for investors seeking durable income, long-term investment, and a foothold in one of metro Honolulu’s most consistent rental markets!
Description: This sale includes two properties (396 N School St - approximately 2,422 sf of land and 1615 Kapua Lane - approximately 11,932 sf of land. Total land size is approximately 14,354 sf). A-1 zoning. Large level lot is ideal for a multi-family development. Location in town with easy access to the freeway going in both directions. Near shopping, dining, and entertainment. Improvements have no value. Buyer to do their own due diligence in regards to redevelopment of the property.
Description: Turnkey Bill 7 development vacant lot with plans that were approved. All the due diligence has been done, and the existing plans were cleared for 37 units (17 studios, 15 two/ones, 5 two/twos, 13 parking. Projected 80% AMI Pro Forma Gross Income of $1,023,680 (for 10 year tax exemption). Due diligence package includes: Approved Full Set Building Plans (renewed once, to be renewed again by Buyer), Electrical Site Plan, Building Renderings (interior w unit types & exterior), Building Permit Approvals, Sewer Connection Approval, Trenching Permit, Geotechnical Reports, Phase 1 Report, Survey and ALTA Survey, Waste Water Waiver, DPP Certification of Affordable Dwellings, and more!
Description: PRICE IMPROVEMENT!
Prime investment opportunity - proforma 6.26% cap rate! This predominantly concrete 9-unit multifamily property is excellently located on Ward Ave. in the heart of Punchbowl. Unbeatable convenience with immediate access to H1 in both directions and a short distance to the vibrant dining and shopping hubs of Kakaako and Ala Moana Shopping Center. Downtown Honolulu is just 1.5 miles away. This property has under-market rents and month-to-month tenants, offering significant upside potential. Units are in classic condition, allowing a new owner to complete a value-add campaign and boost returns even further. The property includes a spacious, fenced grassy area in the back and an area for a community garden between the buildings. Individually metered for electricity and eligible for Bill 7 development.
Please do not go on the property without the listing agent. Sale is subject to 1031 exchange.
Description: RARE FIND! BMX-3 zoned property with residential exemption, so taxes are for apartment use in the heart of Honolulu. Two story hollow tile walk up with 8 units: 7 twos and 1 one, 7 parking spaces. Building has new paint, recently re-coated roof, and 6/8 units renovated. All units either have a lanai or yard—back two bedroom has large yard with mango tree and privacy. No laundry on site—all washer/dryers in renovated units are owned by the owner.
Description: COMMERCIAL LISTING. BMX-3 Zoned with residential use exemption makes this property super desirable for its many possible uses. Owners never thought they'd sell, so have kept the building in top shape with low rents to eliminate vacancies. 10 units: 6 ones, 4 twos, 7 parking & 100% occupancy. Super clean, upgraded interiors. All but one unit is renovated. Hollow tile construction, nice private grass yard common area, and excellent location make this property easy to "manage up": charge for parking, install coin laundry, and increase the rent to market rates. All units have laundry hookups; all machines owned by tenants. Buyer to accept existing survey performed by Walter Thompson Inc November 1, 2000.
Description: GEM IN WAIKIKI: Secure Building w 12 units: 6 studios, 6 ones, 1 ground floor office with monitors, and over 9,000sf of interior! 8 covered parking with secure electrical room, keyed lobby and stairs. Elevator and fire stand pipe. All units separately metered for electric, one water meter. Solid concrete construction on corner lot, one way access only for mostly local traffic. Secure laundry room with machines leased for $62.83/mo--property manager collects coins. Additional income potential by bringing the units to market rents, charging for all parking and for each storage area (4).
Description: Fantastic Cap Rate Return! Completely Renovated, Turn Key Opportunity with all tenants paying excellent market rents. Interiors are beautifully upgraded with all new everything, and a welcoming, bright layout. Well-situated investment in the heart of Makiki with easy access to UHM, Waikiki, and Ala Moana equals a stellar, reliable tenant pool. Two buildings: front building is hollow tile first floor with 3 one-bedrooms and wood second floor with one three-bedroom and 1 one-bedroom upstairs; back building is all hollow tile 4 one-bedrooms. All units are separately metered for gas and electric, one water meter. Coin, owned laundry. Buyer to accept existing survey performed by Ailana Surveyors August 24, 2023.
Description: Great investment opportunity to own a two-story, concrete apartment building located in the desirable Moiliili neighborhood! Conveniently located near McCully Shopping Center, University of Hawaii at Manoa, Waikiki, Ala Moana Shopping Center, schools, restaurants, shops, parks, beaches, bus lines, easy access to freeways and much more! Building includes a total of 6 units, all tenant occupied, current rents are below market. Ground floor and 2nd floor both consist of two 2-bedroom units and one 1-bedroom unit. Each unit has its own living area, kitchen, bathroom, lanai, washer hookup, electric meter, and assigned open parking stall. Property to be sold AS Is.
Description: Prime location in the heart of Makiki. Separate electrical meters for all units. Well-maintained building with solid concrete construction, 2 - two bedroom units, 6 - one bedroom units, and 8 single parking stalls. Convenient location in town with scenic views of the ocean and Honolulu. Each unit is separately metered for electricity and gas. 4 renovated one bedroom units, each rented at $1,550 to $1,700 /month . The other 4units are currently rented under market rate.
Description: Location, location, location. Situated two blocks Mauka of Wilder Ave. across Christ United Methodist Church. Solid hollow tile constructed multi-family consisting of six(6) relatively large two(2) bedroom one(1) bath units. Through the years, owner has updated units. Units separately metered for electricity. Owner pays common electric, water, sewer and common area maintenance. Coin operated laundry. Ample off street parking situated behind building; assigned parking area.
