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, youll 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 a 2-car covered parking pad, some tandem spaces, and frontage parking for 2 vehicles. Your investment portfolio will appreciate this exploration of value and potential in this turnkey property!
Property Features
Bathrooms
Appliances
Interior Features
- Furnished Description: Partially
Land Info
- Lot Description: Cleared, Level
- Lot Size Acres: 0.137741
- Topography: Level
- Lot Size Square Feet: 6000
Garage and Parking
- Open Parking: Yes
- Parking Features: Assigned, Open, Tandem
- Parking Total: 6
Homeowners Association
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
Multi-Unit Info
Rental Info
- Tenant Pays: Cable TV, Electricity, Gas, Parking Fee
Other Property Info
- Annual Tax Amount: 6111.96
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: KAPAHULU
- Parcel Number: 1-2-7-034-039-0000
- Postal City: Honolulu
- Subdivision: KAPAHULU
- Zoning Description: 12 - A-2 Medium Density Apartme
- Property Subtype: Multi Family
- Source System Name: C2C
Commercial Info
- Net Operating Income: 168600
- Operating Expense: 30000
- Operating Expense Includes: Insurance, Real Estate Tax, New Tax, Water/Sewer
Building and Construction
- Year Built: 1950
- Building Area Total: 4240
- Construction Materials: Hollow Tile, Masonry, Stucco
- Levels: Two
- Property Age: 75
- Property Condition: Excellent
- Levels or Stories: 2
- Structure Type: Multi Family
- Total Area Sqft: 4240
- Year Built Effective: 2025
Utilities
- Sewer: Connected
- Above Ground Utilities
- Electricity Available
- Natural Gas Available
- Water Available
- Sewer Connected
- Water Source: Public