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705 Hoawa Street Honolulu, HI 96826

Listing
Overview

Price: $4,850,000
Area: MOILIILI
Status: Active

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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."
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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.
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PROPERTY INFO

• Land Area (sf): 14,607 sf
• Living (sf): 11,040
• Year Built: 1958

KEY FEATURES

• Property Condition: Average
• Number of Parking Spaces: 12
• View: None
• Listing Office: Five Star Realty, Inc.

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 January 8, 2026 - 11:18 PM Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd.
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