Description: Well-maintained building w/ excellent rental potential. Rarely available 5.79% Cap Rate on actual inc + exp w/ seasoned, strong tenant pool. All MTM leases substantially below market rates = upside to increase rents! Unique unit mix: 8 units: one 3/1.5 ba, one 3/1, four 1/1s, 2 studios, 7 parking. Building painted 2022 & Units have been upgraded. All tenants sep-metered gas & elect. Owner pays water.
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: Prime Multi-Unit Investment Opportunity! Rare opportunity to own a centrally located, well-maintained, income-producing property with strong rental demand & stable long-term tenants. This exceptional property features two buildings totaling 7 units, offering a diverse unit mix ideal for maximizing rental income. Front bldg has 1 two-bedroom upstairs and 2 one-bedroom downstairs. Second bldg has 2 two-bedroom and 2 one-bedroom. Each unit is separately metered for water, sewer, electricity, & gas, providing convenience and cost efficiency for ownership. Tenants enjoy private laundry facilities, adding a long-term rental appeal. Property is secured w/ vinyl & chain link fencing & 2 security gates, enhancing privacy & security. Vacancy is rare, as the property is centrally located near Waikiki, Ala Moana, & the University area. Stable, long-term, respectful tenants. Property sold as-is. Buyer and Buyer's Agent to perform their own due diligence. Pictures were taken when units listed for rent. Please do not enter the property or disturb the tenants. Showings by appointment only to qualified buyers. Due to full occupancy, not all units may be available for viewing at the same time.
Description: This eight-unit, two-story walk-up apartment building is ideally located near Kapiolani Blvd and McCully St, offering convenient access to Waikiki, the Kapiolani corridor, public transportation, shopping, and more.
Four of the units have been remodeled within the past year, while two have received partial upgrades. The other two units need completed renovations. Significant improvements include copper plumbing conversions, ABS drain line upgrades on the second floor, and a silicone-coated roof completed last year. Additionally, each unit is individually metered for electricity, keeping utility costs low.
The building is fully occupied, with all leases on a month-to-month basis. Previously, due to maintenance and probate issues, full occupancy was not maintained, but all concerns have been addressed.
Since rental income was lower in previous years and full occupancy has only been achieved recently, I have prepared a pro forma analysis outlining projected income, expenses, and net income. This property is a steady income earner with low maintenance and operational costs, is easy to rent, and does not require an on-site manager.
Description: RARE OPPORTUNITY in Moiliili – prime town location! First time ever on the market – 781 Isenberg Street presents a unique opportunity to acquire a corner-lot property with significant potential. This Contractor’s Special/Bill 7 Opportunity - A-2 zoning property offers upsides for developers and investors, including those seeking a 1031 exchange.
Situated on 5,076 sq. ft. at the high-visibility intersection of Isenberg and Date Streets, this property currently includes two dwelling structures configured into five separate living units: (two 2-bedrooms, one 1-bedroom, and two studios – each with one bath), and four separate electric meters.
Ideally located just minutes from UH Manoa, Waikiki, Ala Moana, and freeway access, this is a strategic addition to any investment portfolio. Buyers to do their own due diligence.
Description: This conveniently located property is offered for sale for the first time ever. Lovingly maintained and boasting market-leading features and amenities, this all-concrete building has low average in place rents of $1,304 per month. The property offers 15 covered parking stalls, a desirable unit mix with large floor plans, and lanais for every unit — some exceptionally spacious. Many units have been upgraded with tile or LVT flooring. Each unit is equipped with washer/dryer hookups, and residents also enjoy the convenience of on-site coin-operated laundry, as well as breezy trade winds and nice views. Additional income potential is provided by five storage units. Combining tenant appeal with strong fundamentals, this property is a rare opportunity to secure a high-quality, long-term investment.
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: Don't miss out on this beautifully maintained building with 7 two-bedroom, 1 bath units and 7 covered parking. All units have upgraded kitchens and flooring, main plumbing has been upgraded, meters have been replaced, and roof coated with elastomeric coating with 11 years remaining of warranty. Building and railings recently painted, copper gutters, fire hoses on every floor. Every unit has seller-owned washer and clothesline, and water heater. All tenants start with 6 month lease and are renewed every 6 months. Trash is C&C, so no charge, all units separately metered for electric with 1 main meter for CAM, no gas.
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: Price reduced by $100,000! Conveniently located on S. Beretania Street between Punahou and McCully, directly across from Central Union Church. This multi-family property offers a great return on investment. It features 9 rental units spread across two separate structures. The front building is a single-family home with 3 bedrooms, 1 bathroom, and a dedicated 1 vehicle carport. Additionally, there are 2 rooms at the back of the property (one currently rented) with separate shower and toilet facilities around the corner of the building. The back structure is an apartment building with 6 studio units, four of which have been renovated. Electricity and part of the gas service are individually metered, while the property has a single water meter and shared gas supply for water heaters. The front house has washer and dryer hookups, and the back apartment building has a washer hookup. A clothes line is provided for the tenants use. This property offers easy access to UH, Waikiki, Downtown, and numerous stores and eateries in the area. All units are currently rented so advanced notice for showings is required.
Description: NEW PRICING! You've probably driven by this property a million times and its finally on the market for sale! 30 one-bedroom/one-bath units plus 2 commercial units with 40 parking stalls! HUGE 21,410 square foot BMS-3 zoned parcel in the McCully/Moiliili neighborhood between Isenberg and McCully Streets! Roughly half the units have been remodeled. Income and expenses are proforma. Separate electrical meters with individual water heaters. No washer/dryers currently on premises. One or more photos have been enhanced for this listing.
Description: 2633 Nakookoo Street consists of two concrete block buildings with a total of 4 one-bedroom plus 6 two-bedroom units and 10 parking stalls on 7,368 square feet of A-2 zoned land. The property is situated in the Moiliili neighborhood close to University Avenue and S. King Street. Conveniently located close to the University of Hawaii, neighborhood shopping, restaurants, public transit and schools. Below market rents offer upside rent potential. Income and Expenses are pro-forma. Individual electric meters and water heaters. Please call Listor for additional details and with any questions. Showings are by appointment only. PLEASE DO NOT DISTRUB TENANTS. Please use the Commercial PSA when submitting an offer. One or more photos have been enhanced for this listing.
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: ATTENTION DEVELOPERS!!! Prime 12,000sf lot less than a mile between both Waikiki and UH Manoa. So much potential: Bill 7 development/ live in one, rent the others/ land bank and build later/ rent out as is—-it’s all up to you! DD includes: EDR Neighborhood Environmental Report, Geotechnical Report with boring logs and infiltration tests, a TOPO survey and conceptual plans with A-sheets and a prelim foundation design. Existing structures have 5 twos rented, one tear-down. **Development options present a variety of potential paths for the creative owner: Bill 07 possibility of up to a maximum of 60 units and 48,000sf of floor area or standard A2 zoning for up to 16,080sf that takes advantage of the city’s newest parking exemptions for multi-family developments in the PUC. Not located in a HI School Impact District, new development save BIG on DOE Impact Fees, which start at close to $3,864 and up per unit (i.e. up to over $230,000 in savings!) in a number of Honolulu neighborhoods. **Buyers to do their own dd and verify all the latest city programs and rules with the appropriate experts and agencies**
Description: Tons of charm and character with this 4 unit apartment building and 2-bedroom cottage conveniently located on a great street in the heart of Moilili! Surrounded by great schools, University of Hawaii. parks, restaurants, and bus lines. This property has tons of potential and flexibility on a large level A-2 zoned lot with possible bill 7 redevelopment. Live in one and rent the others or rent them all, each unit is separately metered for electricity, has its own water heater and dedicated washer hook ups. The 2BD/1BA cottage has recently been updated with a new roof, flooring, light fixtures, and new gas appliances. The two-story building has 4 identical 1BD/1BA apartments that have gone thru minor updates at different times. Current parking situation can be expanded by new owner. Flood Zone X. Click on Virtual Tour for high-res property video!
There will be no open house. Property is occupied and will be shown to registered buyers only, please do not walk on property or disturb the tenants.
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.
