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705 Hoawa Street, 
Honolulu, HI 96826

$4,850,000


Bed


Bath


11,040

Sq Ft


Multi-Family

Active

Listed by

Brian Chua

Fengqing Lin

Five Star Realty, Inc.

Last updated:

January 9, 2026, 01:46 PM

MLS#

202525870

Source:

HI HBR

About This Home

705 Hoawa Street

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.

Home Facts

Multi-Family

Built in 1958

Price Summary

4,850,000

$439 per Sq. Ft.

MLS #:

202525870

Last Updated:

January 9, 2026, 01:46 PM

Added:

8 day(s) ago


Structure

Structure

Building Area:

11,040 Sq. Ft.

Year Built:

1958


Lot

Lot Size (Sq. Ft):

14,607


Finances & Disclosures

Finances

Price:

$4,850,000

Price per Sq. Ft:

$439 per Sq. Ft.

Source:HI HBR
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on January 9, 2026. Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.