Prime Industrial-Zoned Investment Property on a corner lot. Exceptional opportunity to acquire an industrial-zoned property featuring two detached structures with a mix of renovated residential units and an industrial space. Structure One: Four (4) 2 bed / 1 bath units. Structure Two: Two (2) 2 bed / 1 bath units, one (1) 3 bed / 1 bath unit, plus an industrial unit offering versatile use options. All residential units were fully renovated in 2021, ensuring modern finishes and strong rental appeal. The property spans 7, 164 sq. ft. of land, offering solid income-producing potential. Perfect for investors seeking stable cash flow with upside potential, or for an owner-user looking to combine industrial operations with on-site housing.
Property Features
Bathrooms
Appliances
- Dryer
- Washer
- Laundry Features: Coin-operated
Heating and Cooling
- Cooling Features: Central Air
Interior Features
- Furnished Description: Partially
Land Info
- Lot Description: Cleared, Corner Lot, Level
- Lot Size Acres: 0.1644628
- Topography: Level
- Lot Size Square Feet: 7164
Garage and Parking
- Open Parking: Yes
- Parking Features: Assigned, Open
- Parking Total: 9
Homeowners Association
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
Multi-Unit Info
Rental Info
- Tenant Pays: Air Conditioning, Cable TV, Electricity, Parking Fee
Other Property Info
- Annual Tax Amount: 25396.44
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: KAPALAMA
- Parcel Number: 1-1-2-006-042-0000
- Postal City: Honolulu
- Subdivision: KAPALAMA
- Zoning Description: 42 - I-2 General Industrial Dis
- Property Subtype: Multi Family
- Source System Name: C2C
Commercial Info
- Net Operating Income: 60808
- Operating Expense: 76811
- Operating Expense Includes: Insurance, Manager, Maintenance, Real Estate Tax, New Tax, Water/Sewer
Building and Construction
- Year Built: 1941
- Building Area Total: 3110
- Construction Materials: Hollow Tile, Single Wall
- Foundation Details: Slab
- Levels: One, Two
- Property Age: 84
- Property Condition: Average Condition
- Levels or Stories: 1
- Structure Type: Apartment, Multi Family
- House Style: Fourplex
- Total Area Sqft: 3110
- Year Built Effective: 2021
- Architectural Style: Fourplex
Utilities
- Sewer: Connected
- Above Ground Utilities
- Cable Available
- Electricity Available
- High Speed Internet Available
- Phone Available
- Water Available
- Sewer Connected
- Water Source: Public
