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1039 Wong Lane, 
Honolulu, HI 96817

$2,800,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Vincent Lao

Michael L Vuong

Five Star Realty, Inc.

Last updated:

December 17, 2025, 04:11 PM

MLS#

202526036

Source:

HI HBR

About This Home

1039 Wong Lane

Excellent investment opportunity in Honolulu with NOI of 5%, ideal for investors looking to start or expand their real estate portfolio. This income-producing property features eight detached homes (addresses 1039A to 1039H) situated on a large, level 21,290 sq ft lot. The unit mix includes six 2-bedroom, 1-bath homes and two 3-bedroom, 1-bath homes, offering broad rental appeal. Each unit has a separate electric meter, allowing tenants to cover their own utilities and minimizing operating expenses for the owner. Located near Chinatown, Downtown, Lanakila Health Center, shopping centers, and major bus lines, the property benefits from high rental demand and strong occupancy potential. One unit (Unit F) has already been renovated with the opportunity to improve other units over time and boost rental income. This is a cash-flowing asset with long-term appreciation potential. The lot size may also offer future development or expansion potential (buyer to verify). Rarely does a property with this scale, flexibility, and location come to market. Offers are subject to inspection. Please do not disturb tenants or drive by without an appointment. Property to be sold in “As Is” condition.

Home Facts

Multi-Family

Built in 1953

Price Summary

2,800,000

MLS #:

202526036

Last Updated:

December 17, 2025, 04:11 PM

Added:

3 day(s) ago


Structure

Structure

Year Built:

1953


Lot

Lot Size (Sq. Ft):

21,290


Finances & Disclosures

Finances

Price:

$2,800,000

Source:HI HBR
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on December 17, 2025. Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd.

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