Honolulu, HI 96816,750 Makaleka AVE
Honolulu, HI 96816,750 Makaleka AVE
Honolulu, HI 96816,750 Makaleka AVE
Honolulu, HI 96816,750 Makaleka AVE
Honolulu, HI 96816,750 Makaleka AVE
Honolulu, HI 96816,750 Makaleka AVE
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Listed by Compass
$ 1,750,000
Est. payment | /mo

8 Beds

4 Baths

2,425 SqFt


Save
$ 1,750,000
Est. payment | /mo
Save

8 Beds

4 Baths

2,425 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,425 sqft

Price per Sqft $721

Subdivision Kapahulu

MLS Listing ID 202504967

Style Detached,Multiplex

Bedrooms 8

Full Baths 4

Construction Status Average Condition,Repairs Major

HOA Y/N No

Year Built 1973

Annual Tax Amount $6,847

Property Sub-Type Single Family Residence

Property Description

NEW PRICE $1,750,000! Excellent investment opportunity in Kapahulu on a large, level 7,036 sq. ft. lot with A-2 zoning.

This property offers both immediate income potential and long-term development options. The existing structure includes three units: two 2-bedroom/1-bath units upstairs and one 4-bedroom/2-bath unit downstairs, with the option to reconfigure the lower level into two 2-bedroom/1-bath units.

Estimated rental income is approximately $6,000/month in current condition, with potential to increase to $8,000+/month after updates, plus additional income from parking.

For developers, the true value lies in the land and zoning flexibility, with the possibility to redevelop into an apartment complex or maximize density.

Conveniently located near Waikiki, Kapiolani Park, golf courses, shops, and restaurants. Property is vacant and ready for immediate rental, renovation, or redevelopment.

Location

State HI

County Oahu

Area Metro

Interior

Flooring Carpet, Hardwood, Other

Inclusions None

Fireplace No

Exterior

Parking Features Driveway, Three or more Spaces, On Street

Pool None

Utilities Available Above Ground Utilities, Electricity Available, Other, Water Available

View Y/N No

View None

Total Parking Spaces 10

Building

Lot Description Cleared, Other, Level

Entry Level Two

Water Public

Architectural Style Detached, Multiplex

Level or Stories Two

New Construction No

Construction Status Average Condition,Repairs Major

Others

Tax ID 1-2-7-035-010-0000

Special Listing Condition None

Hawaii Central MLS (HiCentralMLS)

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750 Makaleka AVE