The property features five separate residential units, in beautiful Palolo Valley, providing immediate income and a compelling value-add investment opportunity. Priced to reflect its current condition, including existing water intrusion and significant repair needs, this offering provides investors the opportunity to acquire a multi-unit asset at a substantial discount. With renovation and repositioning, the property offers meaningful upside through increased rental income and long-term appreciation.
| MLS # | 202611901 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 65 |
| Listing Provided By | CBI Residential Advisory Svcs. | Alan J Christopher |
| SQ Feet | 3,619 |
|---|---|
| Units | 5 |
| Zoning | 05 - R-5 Residential District |
| Property View | City, Mountains, Ocean |
| Construction Materials | Single Wall, Wood Frame |
|---|
| Community Features | None |
|---|
| Property | 4992 |
|---|
| State | HI |
|---|---|
| County | Oahu |
| City | Honolulu |
| Zip Code | 96816 |
| Area | Oahu |
| Community Name | PALOLO |
| Listing VS Median (in PALOLO) | |
Price: $1,488,000 low | high Med: $1,185,000 sqft: 3,619 low | high Med: 1,562 $ / sqft: $411 low | high Med: $759 On site: 65 low | high Med: 92 | |
| State | HI |
|---|---|
| County | Oahu |
| City | Honolulu |
| Zip Code | 96816 |
| Area | Oahu |
| Community Name | PALOLO |
| Listing VS Median (in PALOLO) | |
Price: $1,488,000 low | high Med: $1,185,000 sqft: 3,619 low | high Med: 1,562 $ / sqft: $411 low | high Med: $759 On site: 65 low | high Med: 92 | |