Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$4,850,000

  • For Sale
  • Active
  • Apartment
  • 11,040 Sq. Ft.
  • Mccully - Moiliili
  • Updated 7 days ago
See This Home
Save This Home
See This Home
Save This Home
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.

Full Property Details for 705 Hoawa St

General

  • Price: $4,850,000
  • Taxes: $14,592
  • Status: Active
  • Type: Apartment
  • Source: Honolulu_Board_Of_Realtors
  • MLS ID: 202525870
  • Updated: 1/9/2026
  • Added to Site: 8 day(s) ago

Rental Information

  • Complex Features: None

Rooms

Other Rooms

  • Laundry: In Unit

Parking

  • Total Spaces: 12
  • Parking Features: Assigned, Open

Location

  • Area: Metro
  • County: Oahu
  • Subdivision: MOILIILI

Utilities

  • Sewer: Connected
  • Water: Public
  • Utility Description: Above Ground Utilities, Electricity Available, Natural Gas Available, Water Available, Sewer Connected

Structural Information

  • Structure Type: Apartment
  • Detached/Attached: Detached
  • Construction: Hollow Tile, Concrete, Single Wall, Wood Frame
  • Stories/Levels: 2
  • Square Feet: 11,040
  • Year Built: 1958
  • Property Condition: Average Condition

Lot Features

  • Lot Size: 14607
  • Topography: Level
  • Lot Features: Corner Lot, Irregular Lot, Level
  • Zoning: 12 - A-2 Medium Density Apartme

Financial Considerations

  • Assessment Amount: $4,168,500
  • Tax Amount: $14,592
  • Tenant Pays: Air Conditioning, Cable TV, Electricity, Gas

Disclosures and Reports

  • Special Conditions: None
  • Disclosures/Reports: None
  • Disclosures/Rstr.: None
  • Property ID: 1-2-7-005-036-0000

Listed by Five Star Realty, Inc.

Quickly Find Out More

* Indicates a required field

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 Send Message, 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 an 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.

We Value Your Privacy

Listing agents

— 705 Hoawa St —

  • Five Star Realty, Inc.

  • Five Star Realty, Inc.

(808) 382-6871

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 705 Hoawa St

School District:Hawaii Department of Education
NameGradesDistance
Ala Wai Elementary School
503 Kamoku Street, Honolulu, HI 96826
PK-50.3 mi
President George Washington Middle School
1633 South King Street, Honolulu, HI 96826
6-80.6 mi
Kaimuki High School
2705 Kaimuki Avenue, Honolulu, HI 96816
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 705 Hoawa St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/08/2026
Listed
$4,850,000
24.36%
MLS
1/16/2015
Sold
$3,900,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 705 Hoawa St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,611
3%
$4,168,500
—
2023
$14,173
21%
$4,174,500
3%
2022
$11,741
—
$4,049,500
21%
2022
$11,741
—
$3,354,500
—
2021
$11,789
—
$3,368,300
-1%
2021
$11,789
6%
$3,415,900
8%
2019
$11,093
10%
$3,169,400
10%
2018
$10,052
—
$2,872,000
—
2017
$10,059
-2%
$2,874,000
-2%
2016
$10,294
3%
$2,941,100
3%
2015
$10,010
3%
$2,859,900
3%
2014
$9,693
—
$2,769,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 705 Hoawa St

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Listed by Five Star Realty, Inc.

Just Listed near 705 Hoawa St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

98-142 Lipoa Pl, Aiea, HI 96701 - Photo 1 Just Listed
$240,000

98-142 Lipoa Pl  #103  Aiea, HI 96701

  • Condo
  • Active
  • Updated 2 days ago
  • 1
    Bed
  • 1
    Total Bath
  • 506
    Sq. Ft.
98-1794 Kupukupu St, Aiea, HI 96701 - Photo 1 Just Listed
$1,165,000
Open House

98-1794 Kupukupu St  Aiea, HI 96701

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,092
    Sq. Ft.
98-402 Koauka Loop, Aiea, HI 96701 - Photo 1 Just Listed
$349,000
Open House

98-402 Koauka Loop  #606  Aiea, HI 96701

  • Townhouse
  • Active
  • Updated 5 hours ago
  • 1
    Bed
  • 1
    Total Bath
  • 637
    Sq. Ft.
98-1619 Nahele St, Aiea, HI 96701 - Photo 1 Just Listed
$1,450,000
Open House

98-1619 Nahele St  Aiea, HI 96701

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,110
    Sq. Ft.

Price Reduced near 705 Hoawa St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

98-023 Hekaha St, Aiea, HI 96701 - Photo 1 Price Reduced
-$7,000 (-4.24%)
$158,000

98-023 Hekaha St  #BLDG 6-001  Aiea, HI 96701

  • Business
  • Active
  • Updated 3 days ago
  • 729
    Sq. Ft.
99-139 B Napuanani Rd, Aiea, HI 96701 - Photo 1 Price Reduced
-$27,500 (-3.65%)
$725,000
Open House

99-139 B Napuanani Rd  #3  Aiea, HI 96701

  • Single Family
  • Active
  • Updated 4 days ago
  • 2
    Beds
  • 1
    Total Bath
  • 981
    Sq. Ft.
98-500 Koauka Loop, Aiea, HI 96701 - Photo 1 Price Reduced
-$10,000 (-2.99%)
$325,000

98-500 Koauka Loop  #8M  Aiea, HI 96701

  • Condo
  • Active
  • Updated 4 days ago
  • 1
    Bed
  • 1
    Total Bath
  • 762
    Sq. Ft.
98-500 Koauka Loop, Aiea, HI 96701 - Photo 1 Price Reduced
-$10,000 (-2.11%)
$465,000

98-500 Koauka Loop  #17A  Aiea, HI 96701

  • Condo
  • Active
  • Updated 5 days ago
  • 2
    Beds
  • 1
    Total Bath
  • 840
    Sq. Ft.

Recent Sales near 705 Hoawa St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2318 Lime St, Honolulu, HI 96826 - Photo 1 Sold
$4,150,000

2318 Lime St  Honolulu, HI 96826

  • Apartment
  • Closed
  • 9,756
    Sq. Ft.
2139 Kuhio Ave, Honolulu, HI 96815 - Photo 1 Sold
$5,000,000

2139 Kuhio Ave  #PH-D  Honolulu, HI 96815

  • Condo
  • Closed
  • 2
    Beds
  • 5
    Total Baths
  • 2,969
    Sq. Ft.
2139 Kuhio Ave, Honolulu, HI 96815 - Photo 1 Sold
$4,500,000

2139 Kuhio Ave  #PH-C  Honolulu, HI 96815

  • Condo
  • Closed
  • 2
    Beds
  • 5
    Total Baths
  • 2,745
    Sq. Ft.
1388 Ala Moana Blvd, Honolulu, HI 96814 - Photo 1 Sold
$4,860,000

1388 Ala Moana Blvd  #6602  Honolulu, HI 96814

  • Condo
  • Closed
  • 2
    Beds
  • 3
    Total Baths
  • 1,755
    Sq. Ft.

705 Hoawa Street, Honolulu, HI 96826 (MLS# 202525870) is a Apartment property with 0 bedrooms and 0 full bathrooms. 705 Hoawa Street is currently listed for $4,850,000 and was received on January 08, 2026. Want to learn more about 705 Hoawa Street? Do you have questions about finding other Apartment real estate for sale in Mccully - Moiliili? You can browse all Mccully - Moiliili real estate or contact a Coldwell Banker agent to request more information.

Tour this property