Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Hawaii Condo ManiaMLS: 202505011 $1,999,000 Beds /0 Baths
MLS #: 202505011 Status: ACTIVE List Price: $1,999,000 Price SQFT: $0 City: HONOLULU
Beds: Baths: 0 Year: 1973 Zip: 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
Listing Photos
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Last Updated: 2025-04-19