1156 Alewa Drive

Urban Honolulu HI 96817

2395 sq. ft.

8052 sq. ft.

Single-Family

Last sold for $1,725,000

Jason Hepton, last sold this property on 29 May 2026 after 77 days on market.

Overview

An extremely rare offering to acquire 3 fully detached residential dwellings, located on a single parcel in Honolulu. 2025 renovations increased rental income, lowered risk and maintenance costs. Ideal for an owner occupier to live in the main house and receive significant rental income from 2 improved rental units. Also ideal for 1031 exchange or investors seeking stable NOI coupled with long-term appreciation. Immediate rental income of $5,750/mo. incl. GET can offset mortgage payment, plus potential income of $3,400/mo. incl. GET from the 3rd home can generate a total of $9,150/mo. in rental income. Quiet setting with cool breezes, each house offers 2 bedrooms and 1 bathroom, separate electric meter, washer/dryer, private yard, remodeled kitchen, new appliances and flooring. Located on Alewa Drive, in a desirable neighborhood, just past Assets School. Amazing views of the ocean, downtown Honolulu, and Diamond Head. The roofs are in good condition, convenient and secure exterior storage, and a large covered carport. Please do not disturb tenants or park in the driveway. A few photos have been virtually staged(enhanced).

Features

6 bedrooms

3 bathrooms

5 carspaces

2395 sq. ft. floor area

8052 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 6 bedroom single-family properties sold in Urban Honolulu over the last 12 months, the estimated median property value of 1156 Alewa Drive is $1.5m.

Median value

$1.5m

Estimated value range

$675.15k - $4.9m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Urban Honolulu. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1156 Alewa Drive

2026

Sold

$1,725,000

29 May 2026 by Jason Hepton, of REMAX Hawaii | Honolulu

2025

Sold

$1,428,500

05 May 2025 by Mei Pang, of REMAX Hawaii | Honolulu

2023

Rented

Undisclosed

01 May 2023 by Tom Shinsato Realty Inc.

Happy sellers in Urban Honolulu

We have insufficient information to provide an overview of customer satisfaction for Urban Honolulu. Viewing the agent profiles, reviews and sales for Urban Honolulu can provide insights for this location.