Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Hawaii Condo ManiaMLS: 202505011 $1,999,000
Bedrooms with 0 Baths750 MAKALEKA AVENUE
HONOLULU HI 96816MLS: 202505011
Status: ACTIVE
List Price: $1,999,000
Price per SQFT: $0
Square Footage: 0Bedrooms
0 Baths
Year Built: 1973
Zip Code: 96816
Listing Remarks
Investment Opportunity in Desirable Kapahulu! This multi-family property sits on a large, level 7,036 sq ft lot with ample parking for 8+ vehicles, offering tremendous potential for the savvy investor or builder. The existing structure features 3 separate units—two 2-bedroom, 1-bath units upstairs and a 4-bedroom, 2-bath unit downstairs. The downstairs area has the potential to be split into two additional 2-bedroom, 1-bath units, perfect for rental income. The dwelling is in need of updates, but the A-2 zoning opens up exciting possibilities, including the potential to build an apartment complex—investors can explore maximizing this lot’s value. Conveniently located near parks, golf courses, shops, restaurants, and with easy access to beaches and town, this property is an ideal spot for future development or as a rental property. The property is vacant, making it a fantastic opportunity for someone looking to remodel, rent out the units, or capitalize on the land value.
Address: 750 MAKALEKA AVENUE HONOLULU HI 96816
Listing Courtesy of COMPASS
Condo Mania Agent
Linda McCabe
Coldwell Banker Island Properties
REALTOR®
Phone: 808-225-1048
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: None LISTING CONTRACT DATE: 2025-02-12 AREA: METRO YEAR BUILT: 1973 TAXES: $6,847 CONSTRUCTION: HollowTile, SingleWall COMMUNITY FEATURES: None LOT FEATURES: Cleared, Level PARKING FEATURES: Open PROPERTY TYPE: Residential PROPERTY SUB TYPE: MultiFamily NUMBER OF UNITS TOTAL: 3 VIEW: None LISTING AGENT: JENNIFER AS ISHII LISTING OFFICE: COMPASS LISTING CONTACT: (808) 825-4277
Estimated Monthly Payments
List Price: $1,999,000 20% Down Payment: $399,800 Loan Amount: $1,599,200 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $10,108 Estimate does not include taxes, fees, insurance.
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Property Location: 750 MAKALEKA AVENUE HONOLULU HI 96816
This Listing
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Condo Mania Agent
Erin McCabe
Coldwell Banker Island Properties
Real Estate Associate
Phone: 808.485.9955
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Last Updated: 2025-02-22