927 Makahiki Way Hawaii MLS® #202618413 For Sale $1,550,000

$1,550,000

VIRTUAL TOUR MLS® #: 202618413

927 Makahiki Way

Honolulu, HI 96826

$1,550,000

VIRTUAL TOUR MLS® #: 202618413

927 Makahiki Way

Honolulu, HI 96826

Active

The property features an attractive unit mix of 1 studio, 3 one-bedroom units and 1 two-bedroom unit, providing a diversified tenant profile and broad rental appeal. Current scheduled rents total approximately $8,855/month, with estimated laundry income of $120/month, generating approximately $8,975 in total monthly income or $107,700 annually. Several units are currently rented below market, creating potential for future income growth as leases turn over and rents are adjusted. The property has 5 separate electric meters, allowing electricity to be individually metered for each unit and 1 water meter. Centrally located near McCully, Kalakaua Avenue, Waikiki, Ala Moana, Kapiolani Boulevard, shopping, dining, entertainment, employment centers, schools, parks, and public transportation. The convenient in-town location supports strong rental appeal and accessibility. Whether you’re an experienced multifamily investor expanding your portfolio or seeking an income-producing property with value-add and future rent-growth potential, this property is worth a closer look. Do not disturb tenants or walk onto the property without prior approval. All showings require prior notice and approval.

MCCULLY 1729 Malanai Street, Honolulu

$1,785,000

MLS® # 202616551

Five Star Realty, Inc.

Cell: (808) 382-6871

Active

Unlock the potential of 937 Coolidge Street, a valuable BMX-3 zoned property situated in the heart of Moiliili’s high-growth urban corridor. Offering exceptional flexibility for commercial, residential, or mixed-use, this site is conveniently located within walking distance to the University of Hawaii at Manoa, public transportation, and various restaurants and stores. The property features two structures—a front and rear building. The rear structure contains 3 units: Unit A (a 3BD/1BA top-floor unit), Unit B (a lower-level 1BD/1BA unit), and Unit C (a lower-level 1BD/1BA unit). The front structure contains 2 units: Unit E (1BA/studio) and Unit F (1BD/1BA unit). Fantastic opportunity for investors, primary occupants, or multi-generational living. This is a premier canvas for a savvy buyer ready to leverage the site's high-density BMX-3 zoning. Discounted list price reflects an active DPP notice regarding a zoning/compliance matter on the front structure but rectification in progress. Property conveyed AS-IS, WHERE-IS. Seller and listing agent make no warranties or guarantees, express or implied.

MOILIILI 937 Coolidge Street, Honolulu

$1,825,000

MLS® # 202611539

Gloria Chi Realty Inc.

Cell: (808) 941-9999

$1,550,000

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$1,550,000

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