Listing
Overview
Price: $1,680,000
Area: MOILIILI
Status: Active Under Contract
NEW LISTING! RARE OFFERING AND OPPORTUNITY to rehab, restore or redevelop a prime A-2 lot with FIVE separate cottages in an unbeatable central location! First time ever offered, this unique property features three 2-bedroom/1-bath units and two studios with incredible potential on an 8,273 sqft apartment-zoned parcel. Four parking stalls plus ample street parking. Each structure is separately electric metered, with 4 of 5 units currently rented to longtime, month-to-month tenants at below-market rents. Each unit also has its own laundry machines, owned by the tenants. Amazing location off Kapiolani near University of Hawaii, restaurants, shopping, Ala Wai Golf Course, Waikiki, bus lines and freeway access. Priced to sell nearly $300,000 below tax-assessed value. Don’t miss this special investment opportunity! Do not disturb tenants. Sold strictly as-is. Listing by: REMAX Hawaii (808) 228-3332
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- Land Area (sf): 8,273 sf
- Living (sf): 2,204
- Year Built: 1949
- Property Condition: Fair,Needs Major Repair
- Number of Parking Spaces: 4
- View: None
- Listing Office: REMAX Hawaii
- Land Tenure: FS - Fee Simple
- Elementary School: Ala Wai
- Middle School: Washington
- High School: Kaimuki
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
listings last updated on May 11, 2026 - 3:42 PM
Information is deemed reliable but not guaranteed.
Copyright: 2026 by HiCentral MLS, Ltd.
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