750 Makaleka Avenue, Honolulu, HI 96816
- $1,999,000
- List Price
- $1,999,000
- Status
- ACTIVE
- Type
- Multifamily
- MLS#
- 202505011
- Days on Market
- 208
- Land Area
- 7,036
- Year Built
- 1973
- Property Type
- Residential
- Neighborhood
- Kapahulu
- Land Tenure
- FS - Fee Simple
Property Description
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.
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Additional Information
- Island
- Oahu
- Utilities
- Above Ground Utilities, Electricity Available, Water Available, Sewer Connected
- View
- None
- Lot Size
- 7,036
- Construction Materials
- Hollow Tile, Single Wall
- Neighborhood
- Kapahulu
- Year Built
- 1973
- Sewer
- Connected
- Parking Features
- Open
- Lot Features
- Cleared, Level
- Stories
- 2
- Assessed Total
- 1956400
- Water
- Public
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Listing courtesy of Compass.
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Contact: (808) 825-4277