750 Makaleka Avenue, Honolulu, HI 96816
Local realty services provided by:Better Homes and Gardens Real Estate Refined
750 Makaleka Avenue,Honolulu, HI 96816
$1,750,000
- 8 Beds
- 4 Baths
- 2,425 sq. ft.
- Single family
- Active
Listed by: jennifer as ishii(808) 825-4277
Office: compass
MLS#:202504967
Source:HI_HBR
Price summary
- Price:$1,750,000
- Price per sq. ft.:$721.65
About this home
NEW PRICE $1,750,000! Excellent investment opportunity in Kapahulu on a large, level 7,036 sq. ft. lot with A-2 zoning.
This property offers both immediate income potential and long-term development options. The existing structure includes three units: two 2-bedroom/1-bath units upstairs and one 4-bedroom/2-bath unit downstairs, with the option to reconfigure the lower level into two 2-bedroom/1-bath units.
Estimated rental income is approximately $6,000/month in current condition, with potential to increase to $8,000+/month after updates, plus additional income from parking.
For developers, the true value lies in the land and zoning flexibility, with the possibility to redevelop into an apartment complex or maximize density.
Conveniently located near Waikiki, Kapiolani Park, golf courses, shops, and restaurants. Property is vacant and ready for immediate rental, renovation, or redevelopment.
Contact an agent
Home facts
- Year built:1973
- Listing ID #:202504967
- Added:340 day(s) ago
- Updated:December 17, 2025 at 04:11 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,425 sq. ft.
Structure and exterior
- Year built:1973
- Building area:2,425 sq. ft.
- Lot area:0.16 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$1,750,000
- Price per sq. ft.:$721.65
- Tax amount:$6,847
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