1729 Malanai Street, Honolulu, HI 96826

Honolulu
Local realty services provided by:Better Homes and Gardens Real Estate Refined
1729 Malanai Street,Honolulu, HI 96826
$1,785,000
  • - Beds
  • - Baths
  • 2,363 sq. ft.
  • Multi-family
  • Active
Listed by: brian chua
Office: five star realty, inc.
MLS#:202616551
Source:HI_HBR

Price summary

  • Price:$1,785,000
  • Price per sq. ft.:$755.4

About this home

The property features an attractive unit mix of 1 studio, 3 one-bedroom units and 1 two-bedroom unit, providing a diversified tenant profile and broad rental appeal. Current scheduled rents total approximately $8,855/month, with estimated laundry income of $120/month, generating approximately $8,975 in total monthly income or $107,700 annually. Several units are currently rented below market, creating potential for future income growth as leases turn over and rents are adjusted. The property has 5 separate electric meters, allowing electricity to be individually metered for each unit and 1 water meter. Centrally located near McCully, Kalakaua Avenue, Waikiki, Ala Moana, Kapiolani Boulevard, shopping, dining, entertainment, employment centers, schools, parks, and public transportation. The convenient in-town location supports strong rental appeal and accessibility. Whether you’re an experienced multifamily investor expanding your portfolio or seeking an income-producing property with...

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Home facts

  • Year built:1941
  • Subdivision & Development:MCCULLY
  • Listing ID #:202616551
  • Added:53 day(s) ago
  • Updated:October 21, 2026 at 12:37 PM

Rooms and interior

  • Living area:2,363 sq. ft.

Structure and exterior

  • Year built:1941
  • Building area:2,363 sq. ft.
  • Lot area:0.09 Acres
  • Lot Features:Cleared, Level
  • Construction Materials:Concrete, Double Wall, Hollow Tile, Masonry, Single Wall, Stucco
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Connected

Finances and disclosures

  • Price:$1,785,000
  • Price per sq. ft.:$755.4
  • Tax amount:$4,044

Features and amenities

  • Laundry features:Coin Operated

Parking

  • Total parking spaces:4
  • Parking description:Assigned, Covered, Open, Tandem
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on October 21, 2026. Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. HI_HBR Member Broker: Eric Yamamoto

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