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Listing Courtesy Of: Compass, (808) 825-4277, Jennifer Ishii

Local Realty Services Provided By: Keller Williams Honolulu

Overview

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Similar Homes

$1,999,000

750 Makaleka Avenue, Honolulu, HI 96816

$1,999,000

750 Makaleka Avenue, Honolulu, HI 96816

Estimation provided by Keller Williams Realty Inc.

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Property Description

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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.

Property Details

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Overview

Property Type

Multi Family

Year Built

1973

Days on Site

41 Days

Parking

10 Parking Spaces

Erica Ashley Hassen at Keller Williams Honolulu

Erica Ashley Hassen

Keller Williams Honolulu

RS-85118

(818) 322-6005

(808) 596-2888

ericaashley@kw.com

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Activity History

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SAVES

Data provided by Keller Williams Realty, Inc.

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No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

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Purchase Price: $1,999,000

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Price & Tax History

Date

Event

Price

02/12/2025

Listed

$1,999,000

(+300,050.15%)

07/08/2006

Sold

$666

(-33.4%)

07/08/2005

Sold

$1,000

(-99.41%)

02/15/1997

Sold

$170,000

Year

Property Tax

Assessed Value

Assessed Value is a combination of the land and additions.

2023

$6,501

(+2.23%)

$1,956,400

Land 1,736,200 + Additions 220,200

2022

$6,359

(+6.76%)

$1,857,500

Land 1,643,200 + Additions 214,300

2021

$5,957

(+0.66%)

$1,816,900

Land 1,612,200 + Additions 204,700

2020

$5,917

(+7.74%)

$1,701,900

Land 1,488,200 + Additions 213,700

2019

$5,492

(+4.19%)

$1,690,700

Land 1,488,200 + Additions 202,500

2018

$5,271

(+3.86%)

$1,569,200

Land 1,364,100 + Additions 205,100

2017

$5,075

$1,506,100

Land 1,303,400 + Additions 202,700

The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.