Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Moiliili
MLS Listing ID 202525870
Construction Status Average Condition
HOA Y/N No
Year Built 1958
Annual Tax Amount $14,592
Property Sub-Type Multi Family
Property Description
Tax records reflect the property address as 705 Hoawa Street, Honolulu, HI 96826, with the front building addressed at 2304 Kapiolani Boulevard, Honolulu, HI 96826.
This rare offering features two apartment buildings situated on a 14,607 SF corner lot at Kapiolani Boulevard and Hoawa Street, near Isenberg. The property consists of 20 total units, all two-bedroom apartments (10 units per building), and includes 12 parking stalls.
The property currently generates monthly rental income of $29,865, units rented at below-market rates, presenting a compelling value-add opportunity through renovation and rental optimization.
An exceptional opportunity for investors seeking scale, upside, and long-term growth in a prime Honolulu corridor.
Sold As-Is. Please do not disturb tenants.
Location
State HI
County Oahu
Area Metro
Interior
Fireplace No
Laundry In Unit
Exterior
Parking Features Assigned, Open
Community Features None
Utilities Available Above Ground Utilities, Electricity Available, Natural Gas Available, Water Available, Sewer Connected
Waterfront Description Other
View Y/N No
View None
Total Parking Spaces 12
Building
Lot Description Corner Lot, Irregular Lot, Level
Dwelling Type Apartment
Entry Level Two
Foundation Slab
Sewer Connected
Water Public
Level or Stories Two
Construction Status Average Condition
Others
Tax ID 1-2-7-005-036-0000
Special Listing Condition None
Need more details? Let's connect!
Principal Broker | License ID: RB-24500
+1(808) 347-1859 | montagerealtyhawaii@gmail.com