705 Hoawa Street, Honolulu, HI 96826

Honolulu
Local realty services provided by:Better Homes and Gardens Real Estate Refined
705 Hoawa Street,Honolulu, HI 96826
$4,850,000
  • - Beds
  • - Baths
  • 11,040 sq. ft.
  • Multi-family
  • Active
Listed by: brian chua, fengqing lin
Office: five star realty, inc.
MLS#:202525870
Source:HI_HBR

Price summary

  • Price:$4,850,000
  • Price per sq. ft.:$439.31

About this home

Rare 20-unit corner lot apartment investment - Cash-flowing with significant upside on Kapiolani Blvd. 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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Home facts

  • Year built:1958
  • Listing ID #:202525870
  • Added:149 day(s) ago
  • Updated:June 07, 2026 at 11:54 AM

Rooms and interior

  • Living area:11,040 sq. ft.

Structure and exterior

  • Year built:1958
  • Building area:11,040 sq. ft.
  • Lot area:0.34 Acres
  • Lot Features:Corner Lot, Irregular Lot, Level
  • Construction Materials:Concrete, Hollow Tile, Single Wall, Wood Frame
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Connected

Finances and disclosures

  • Price:$4,850,000
  • Price per sq. ft.:$439.31
  • Tax amount:$14,592

Features and amenities

  • Laundry features:In Unit

Parking

  • Total parking spaces:12
  • Parking description:Assigned, Open
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on June 7, 2026. Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. HI_HBR Member Broker: Eric Yamamoto

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