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705 Hoawa St

Urban Honolulu HI 96826

12
11040 sq. ft.
14607 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

12 carspaces
11040 sq. ft. floor area
14607 sq. ft. lot size
Multi-Family

Property history for 705 Hoawa St

2015
Sold
$835,432
22 Jan 2015

Happy sellers in Urban Honolulu

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Local market activity for multi families in Urban Honolulu

In the last 12 months, 15 multi families similar to 705 Hoawa St, have been sold.

This represents a 20% increase in multi families sales when compared to the previous 12 months.

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