750 Makaleka Avenue, Honolulu, HI 96816

Honolulu
Local realty services provided by:Better Homes and Gardens Real Estate Refined
750 Makaleka Avenue,Honolulu, HI 96816
$1,750,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: jennifer as ishii(808) 825-4277
Office: compass
MLS#:202505011
Source:HI_HBR

Price summary

  • Price:$1,750,000

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. Bill 7 potential Conveniently located near Waikiki, Kapiolani Park, golf courses, shops, and restaurants. Property is vacant and ready for immediate rental, renovation, or redevelopment.

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Home facts

  • Year built:1973
  • Listing ID #:202505011
  • Added:377 day(s) ago
  • Updated:February 27, 2026 at 04:05 PM

Structure and exterior

  • Year built:1973
  • Lot area:0.16 Acres
  • Lot Features:Cleared, Level
  • Construction Materials:Hollow Tile, Single Wall
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Connected

Finances and disclosures

  • Price:$1,750,000
  • Tax amount:$6,847
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on February 27, 2026. Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd.

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