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750 Makaleka Avenue Honolulu, HI 96816

Listing
Overview

Price: $1,750,000
Area: KAPAHULU
Status: Active

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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."
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PROPERTY INFO

• Land Area (sf): 7,036 sf
• Year Built: 1973

KEY FEATURES

• Property Condition: Fair,Needs Major Repair
• Number of Parking Spaces: 10
• View: None
• Listing Office: Compass

FINANCIAL INFO

• Land Tenure: FS - Fee Simple

SCHOOLS

CONTACT US

Marcus Realty

#RB-7120
info@marcushawaii.com
(808)839-7446

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on September 17, 2025 - 2:15 AM Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd.
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