• Overview 0.51 Acres
• Listing Type Residential
• Office: Asian Pacific Investments LLC

Rare investment opportunity featuring four detached single-family homes on an R-5 zoned lot. Ideal for investors, 1031 exchange buyers, or multi-generational living, this versatile property combines steady cash flow, privacy, and long-term value creation. The property includes two 3-bedroom and two 2-bedroom residences. Each home boasts its own private fenced yard and dedicated parking, providing tenants with single-family independence. Operating expenses remain exceptionally low as tenants pay all utilities—including water, sewer, gas, and electricity. Turnkey performance meets huge upside. Units A (3-bed) and B (2-bed) were renovated in 2025, commanding top-of-market rents. Currently operating at a 5.06% cap rate on $74,640 in annual income, bringing below-market units to prevailing rates unlocks an extra $15,600 annually, pushing the potential cap rate to 6.12%. Don't miss this well-maintained, high-yield asset!

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Quick Details

This Single Family Residence is priced at $1,475,000 and located at 84-916 Hanalei Street, . With Bedrooms and 0.00 Bathrooms, it offers a total of Square feet. This Residential was built in 1938 and its status is Active. This property is represented by Jared Miyamoto of Asian Pacific Investments LLC, Contact Number (808) 221-8849.