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Back 750 Makaleka Avenue
Off Market

750 Makaleka Avenue

Urban Honolulu HI 96816

10
7036 sq. ft.
Multi-Family
Last sold for $1,700,000
Jennifer IshiiJennifer Ishii, last sold this property on 29 May 2026 after 99 days on market.

Overview

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.

Features

10 carspaces
7036 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Urban Honolulu over the last 12 months, the estimated median property value of 750 Makaleka Avenue is $1.88m.

Median value
$1.88m
Estimated value range
$1.29m - $4.9m
Median days on market
52
Estimated value trend
7%
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 750 Makaleka Avenue

2026
Sold
$1,700,000
29 May 2026 by Jennifer Ishii, of Compass

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.

Local market activity for multi families in Urban Honolulu

In the last 12 months, 7 multi families similar to 750 Makaleka Avenue, have been sold.

This represents a 100% decrease in multi families sales when compared to the previous 12 months.

Nearby agents

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