$1,999,000

Estimated payment $11,442/month

Total Views 5,174
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

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.

Listing Agent

Jennifer Ishii

Compass Brokerage Phone: (808) 825-4277 License #RS-72705 Listed on: 02/12/2025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,847

Year Built

  • Built in 1973

Lot Details

  • 7,036 Sq Ft Lot
  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property

Parking

  • 10 Parking Spaces
  • Open Parking

Community Details

  • 3 Units
  • Kapahulu Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1-2-7-035-010-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,847

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1973
  • Attribution Contact: (808) 825-4277
  • CommunityFeatures: None
  • MLS Status: Active
  • Subdivision Name: KAPAHULU
  • Unit Levels: Two
  • Roof: Composition
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Stories: 2

Exterior Features

  • Construction Type: Hollow Tile, Single Wall
  • Lot Features: Cleared, Level
  • Property Condition: Average Condition, Repairs Major, Tear Down / Value in Land
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Open
  • Total Parking Spaces: 10.0
  • Open Parking: Yes

Utilities

  • Utilities: Above Ground Utilities, Electricity Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Lot Info

  • Parcel Number: 1-2-7-035-010-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 6847.32

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 For Sale $1,999,000 0.0% --
02/12/2025 02/12/25 For Sale $1,999,000 -- $824 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

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Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202505011

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 2-7-035-010