Honolulu Multi Family

750 Makaleka Avenue, Honolulu, Oahu 96816 Get Directions

$1,999,000

 

Lot Size Area
7,036 SqFt
MLS #
202505011
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Overview

Investment Opportunity in Desirable Kapahulu! This multi-family property sits on a large, level 7,036 sq ft lot with ample parking for 8+ vehicles, offering tremendous potential for the savvy investor or builder. The existing structure features 3 separate units—two 2-bedroom, 1-bath units upstairs and a 4-bedroom, 2-bath unit downstairs. The downstairs area has the potential to be split into two additional 2-bedroom, 1-bath units, perfect for rental income. The dwelling is in need of updates, but the A-2 zoning opens up exciting possibilities, including the potential to build an apartment complex—investors can explore maximizing this lot’s value. Conveniently located near parks, golf courses, shops, restaurants, and with easy access to beaches and town, this property is an ideal spot for future development or as a rental property. The property is vacant, making it a fantastic opportunity for someone looking to remodel, rent out the units, or capitalize on the land value.

Property Details

Parking Total
10
Property Type
Residential Income
Status
Active
Year Built
1973

Location (Also shows similar listings) Get Directions

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Listing Courtesy of Compass Courtesy of Jennifer AS Ishii, Compass.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 by HiCentral MLS, Ltd.

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