1729 Malanai Street,Honolulu, HI 96826
Honolulu, HI 96826
Description
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.
Details
| MLS # | 202616551 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1941 |
| Days On Site | 25 |
| Listing Provided By | Five Star Realty, Inc. | Brian Chua |
Features
| SQ Feet | 2,363 |
|---|---|
| Story(s) | 1 |
| Units | 5 |
| Zoning | 12 - A-2 Medium Density Apartme |
| Property View | None |
Exterior
| Construction Materials | Double Wall, Hollow Tile, Masonry, Concrete, Single Wall, Stucco |
|---|
Other
| Community Features | None |
|---|
Taxes
| Property | 4044 |
|---|
Area Information
| State | HI |
|---|---|
| County | Oahu |
| City | Honolulu |
| Zip Code | 96826 |
| Area | Oahu |
| Community Name | MCCULLY |
| Listing VS Median (in MCCULLY) | |
Price: $1,785,000 low | high Med: $304,500 sqft: 2,363 low | high Med: 417 $ / sqft: $755 low | high Med: $756 On site: 25 low | high Med: 177 | |
Market Activity 96826
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Learn More About This Property
| State | HI |
|---|---|
| County | Oahu |
| City | Honolulu |
| Zip Code | 96826 |
| Area | Oahu |
| Community Name | MCCULLY |
| Listing VS Median (in MCCULLY) | |
Price: $1,785,000 low | high Med: $304,500 sqft: 2,363 low | high Med: 417 $ / sqft: $755 low | high Med: $756 On site: 25 low | high Med: 177 | |