1039 Wong Lane Honolulu, HI 96817
Listing
Overview
Price: $3,180,000
Area: KAPALAMA
Status: Active
Excellent investment opportunity in Honolulu — ideal for investors looking to start or expand their real estate portfolio. This income-producing property features eight detached homes (addresses 1039A to 1039H) situated on a large, level 21,290 sq ft lot. The unit mix includes six 2-bedroom, 1-bath homes and two 3-bedroom, 1-bath homes, offering broad rental appeal. Each unit has a separate electric meter, allowing tenants to cover their own utilities and minimizing operating expenses for the owner. Located near Chinatown, Downtown Honolulu, Lanakila Health Center, shopping centers, and major bus lines, the property benefits from high rental demand and strong occupancy potential. One unit (Unit F) has already been renovated with the opportunity to improve other units over time and boost rental income. This is a cash-flowing asset with long-term appreciation potential. The lot size may also offer future development or expansion potential (buyer to verify). Rarely does a property with this scale, flexibility, and location come to market. Offers are subject to inspection. Please do not disturb tenants or drive by without an appointment. Property to be sold in “As Is” condition. Listing by: Five Star Realty, Inc. (808) 382-6871
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- Land Area (sf): 21,290 sf
- Year Built: 1953
- Property Condition: Above Average,Average
- Number of Parking Spaces: 16
- View: None
- Listing Office: Five Star Realty, Inc.
- Land Tenure: FS - Fee Simple
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
listings last updated on May 28, 2025 - 4:12 PM
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
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