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Listed price in listed location currency (USD).
$1,785,000

004

MLS® 202616551

Overview

Key Facts

Type Multi Family
Levels Residential
Size -
Garage 
Taxes $4,044
Days Active 23
Lot Size 3800
Approx. Age 1941
MLS® Number 202616551

Property Address: 1729 Malanai St, Honolulu, HI, 96826-3638

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

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.
MLS® Number202616551
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1941
Basement
DrivewayAssigned, Covered, Open, Tandem
Garage Spaces
Heat
A/C

Extras

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