750 Makaleka Avenue
Honolulu, HI 96816
- 8 beds
- 4 baths
- 2,425 sqft
- $824 per sqft
- 1973 build
- – on site
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.
Last checked:
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Last updated Feb 21, 2025
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MLS# 202504967 —
This home is listed in more than one place. See it here.
The Building
-
Year Built:1973
-
New Construction:false
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Construction Materials:HollowTile,SingleWall
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Architectural Style:Detached,Multiplex
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Stories:2
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Levels:Two
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Building Area Total:2425.0
Interior
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Flooring:Carpet,Hardwood,Other
Room Dimensions
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Living Area:2425.0
The Property
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Condition:AverageCondition,RepairsMajor,TearDownValueInLand
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Lot Size Area:7036.0
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Lot Features:Cleared,Other,Level
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Zoning Description:12 - A-2 Medium Density Apartme
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Parcel Number:1-2-7-035-010-0000
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Topography:Level
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View:None
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View:false
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Road Frontage Type:CountyRoad
Listing Agent
- Contact info:
- Agent phone:
- (808) 722-2341
- Office phone:
- (808) 825-4277
Taxes
-
Tax Annual Amount:6847.32
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Tax Assessed Value:1956400
Beds
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Total Bedrooms:8
Baths
-
Total Baths:4
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Full Baths:4
Utilities
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Utilities:AboveGroundUtilities,ElectricityAvailable,Other,WaterAvailable
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Water Source:Public
The Community
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Subdivision Name:KAPAHULU
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Pool Features:None
Parking
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Parking Total:10.0
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Parking Features:Driveway,ThreeOrMoreSpaces,OnStreet
Monthly cost estimate
Asking price
$1,999,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$10,704
|
| Taxes | $570 |
| Insurance | $549 |
| Utilities | $537 See report |
| Total | $12,360/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/13/25
Feb 13, 2025
|
Listed / Active | HI_CENTRAL_MLS | $1,999,000 |
