750 Makaleka Avenue Honolulu, HI 96816
Listing
Overview
Price: $1,999,000
Area: KAPAHULU
Status: Active
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 by: Compass (808) 722-2341
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- Year Built: 1973
- Property Condition: Fair,Needs Major Repair,Tear Down
- Number of Parking Spaces: 10
- View: None
- Listing Office: Compass
- Land Tenure: FS - Fee Simple
