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Listed price in listed location currency (USD).
$1,490,000

524

MLS® 202612167

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 3296 sqft
Garage 
Taxes $13,524
Days Active 128
Lot Size 3849
Approx. Age 1905
Avg. Price Per Sqft $452
MLS® Number 202612167

Property Address: 1104 Palama St, Honolulu, HI, 96817-3448

Average square foot calculated using Size range provided by listing agent.

Description

Mixed-use investment opportunity in Kalihi featuring two buildings and nine residential rooms. The ground floor commercial unit has a CUP in place with roll-up door access and direct street frontage — suitable for retail, grocery, or light industrial use. Building B is currently occupied generating $4, 000/month. Building A is actively under renovation. Priced at $1, 500, 000 with a stabilized cap rate of 7.8–9.0%. The surrounding Kalihi corridor has strong long-term redevelopment fundamentals. Conditional Use Permit (CUP) — Protected Commercial Use The commercial unit carries a CUP, securing its legal commercial operating status within the R-5 residential zone. This rare entitlement protects lender and tenant confidence and is a meaningful differentiator at this price point.
MLS® Number202612167
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1905
Basement
DrivewayThree Or More Spaces
Garage Spaces
Heat
A/C

Extras

None

Home Estimate Zoopraisal®

This property is estimated to sell between: $767,000 and $1,852,000.
Similar properties in this area sold on average for: $767,000
Expected to sell very soon! Similar properties sold in 77 days. This home has been on Zoocasa for 128 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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