Honolulu - Beach Property For Sale #7110113

Rare 20-unit corner lot apartment investment - Cash-flowing with significant upside on Kapiolani Blvd. Tax records reflect the property address as 705 Hoawa Street, Honolulu, HI 96826, with the front building addressed at 2304 Kapiolani Boulevard, Honolulu, HI 96826. This rare offering features two apartment buildings situated on a 14,607 SF corner lot at Kapiolani Boulevard and Hoawa Street, near Isenberg. The property consists of 20 total units, all two-bedroom apartments (10 units per building), and includes 12 parking stalls. The property currently generates monthly rental income of $29,865, units rented at below-market rates, presenting a compelling value-add opportunity through renovation and rental optimization. An exceptional opportunity for investors seeking scale, upside, and long-term growth in a prime Honolulu corridor. Sold As-Is. Please do not disturb tenants.