507 Hiram Lane, Honolulu, HI 96817

List Price
$1,250,000
Status
ACTIVE UNDER CONTRACT
Type
Multifamily
MLS#
202514318
Days on Market
64
Land Area
6,014
Year Built
1923
Property Type
Residential
Neighborhood
Liliha
Land Tenure
FS - Fee Simple

Property Description

TAKE A CLOSER LOOK — RARE FIND IN LILIHA! Tucked away on Hiram Lane just off Liliha Street, this unique B-2 zoned property offers a tremendous investment opportunity with two TMKs sold together (TMK: 1-1-7-033-046 & 1-1-7-033-047). This multi-unit property features two buildings: Building 1: Four 2-bedroom, 1-bath units. Building 2: Three 2-bedroom, 1-bath units + One 1-bedroom, 1-bath unit. With B-2 zoning and City & County Ordinance 25-2 allowing multi-unit dwellings in B-1 and B-2 zones with commercial space, the potential here is undeniable. While the buildings are in need of updating, this is a perfect opportunity for a visionary developer or investor to transform a diamond in the rough. Let’s talk details—call today to schedule a private showing!

Additional Information

Island
Oahu
Utilities
Above Ground Utilities, Cable Available, Electricity Available, Phone Available, Water Available, Sewer Connected
View
None
Lot Size
6,014
Construction Materials
Single Wall, Wood Frame
Neighborhood
Liliha
Furnished
Partially
Year Built
1923
Sewer
Connected
Parking Features
Open
Lot Features
Cleared, Cul-De-Sac, Interior Lot, Level
Stories
2
Assessed Total
1276900
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Engel & Volkers Honolulu.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Contact: (808) 550-0818