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About This Home

This 0-bedroom, 0-bathroom residential multi family at 705 Hoawa Street in Honolulu, HI is listed for $4,850,000. Built in 1958, on a N/A lot.

Agent Description

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.

Key Features

  • Built in 1958
  • 2 stories
  • 12 parking spaces

Property Details

2 stories
12 spaces
1958

Monthly Cost Estimate

$25,939/mo

20% down · 6.5% · 30 years

Principal$3,508
Interest$21,017
Insurance$1,415

Estimates only. Actual payments may vary.

Location

705 Hoawa Street

Honolulu, HI 96826

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Property Details

Construction

Hollow Tile Concrete Single Wall Wood Frame

Parking

AssignedOpen

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 705 Hoawa Street is listed at $4,850,000. The estimated monthly payment is $21,017 based on 20% down at 6.5% interest.

Key features include: Built in 1958, 2 stories, 12 parking spaces.

This property is listed by Brian Chua and can be reached at 8082553839 or brian41802@gmail.com.

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BC

Brian Chua

Agent at Five Star Realty, Inc.

(808) 255-3839

Listed by Five Star Realty, Inc. · View on Broker Site

MLS# 202525870· Source: listhub· Updated 92 days ago

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705 Hoawa Street, Honolulu, HI 96826

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