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$1,750,000
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Property Description
NEW PRICE $1,750,000! Excellent investment opportunity in Kapahulu on a large, level 7,036 sq. ft. lot with A-2 zoning. This property offers both immediate income potential and long-term development options. The existing structure includes three units: two 2-bedroom/1-bath units upstairs and one 4-bedroom/2-bath unit downstairs, with the option to reconfigure the lower level into two 2-bedroom/1-bath units. Estimated rental income is approximately $6,000/month in current condition, with potential to increase to $8,000+/month after updates, plus additional income from parking. For developers, the true value lies in the land and zoning flexibility, with the possibility to redevelop into an apartment complex or maximize density. Bill 7 potential Conveniently located near Waikiki, Kapiolani Park, golf courses, shops, and restaurants. Property is vacant and ready for immediate rental, renovation, or redevelopment.
Full Property Details
Full Property Details for 750 Makaleka Ave
General
- Price: $1,750,000
- Taxes: $6,847
- Status: Under Contract
- Type: Single Family
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202504967
- Updated: 4/1/2026
- Added to Site: 421 day(s) ago
Interior
- Flooring: Carpet, Hardwood, Other
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Total Spaces: 10
- Parking Features: Driveway, Three or more Spaces, On Street
Location
- Area: Metro
- County: Oahu
- Subdivision: KAPAHULU
Utilities
- Water: Public
- Utility Description: Above Ground Utilities, Electricity Available, Other, Water Available
Structural Information
- Architectural Style: Detached, Multiplex
- Detached/Attached: Detached
- Construction: Hollow Tile, Single Wall
- Stories/Levels: 2
- Square Feet: 2,425
- Living Area: 2,425 Sq. Ft.
- Year Built: 1973
- Property Condition: Average Condition
Lot Features
- Lot Size: 7036
- Frontage: County Road
- Topography: Level
- Lot Features: Cleared, Other, Level
- Zoning: 12 - A-2 Medium Density Apartme
Financial Considerations
- Assessment Amount: $1,956,400
- Tax Amount: $6,847.32
Disclosures and Reports
- Special Conditions: None
- Land Tenure: Fee Simple
- Inclusions: None
- Disclosures/Reports: None, Seller Disclosure
- Disclosures/Rstr.: None, Seller Disclosure
- Property ID: 1-2-7-035-010-0000
Listed by Compass
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Schools
Schools serving 750 Makaleka Ave
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
President Thomas Jefferson Elementary School 324 Kapahulu Avenue, Honolulu, HI 96815 | PK-5 | 0.7 mi |
President George Washington Middle School 1633 South King Street, Honolulu, HI 96826 | 6-8 | 1.6 mi |
Kaimuki High School 2705 Kaimuki Avenue, Honolulu, HI 96816 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 750 Makaleka Ave
Date
Details
Price
Change
Source
9/16/2025
Price Reduced
$1,750,000
-12.46%
MLS
2/12/2025
Listed
$1,999,000
—
MLS
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
Tax History for 750 Makaleka Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,847
5%
$1,959,900
—
2023
$6,501
2%
$1,956,400
5%
2022
$6,359
7%
$1,857,500
2%
2021
$5,957
1%
$1,816,900
7%
2020
$5,917
8%
$1,701,900
1%
2019
$5,492
4%
$1,690,700
12%
2018
$5,271
4%
$1,506,100
4%
2017
$5,075
-8%
$1,450,100
-8%
2019
$5,492
32%
$1,569,200
20%
2016
$4,170
10%
$1,311,500
9%
2015
$3,794
10%
$1,204,100
6%
2013
$3,434
—
$1,134,800
—
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
Estimate the Cost for 750 Makaleka Ave
750 Makaleka Avenue, Honolulu, HI 96816 (MLS# 202504967) is a Single Family property with 8 bedrooms and 4 full bathrooms. 750 Makaleka Avenue is currently listed for $1,750,000 and was received on February 12, 2025. Want to learn more about 750 Makaleka Avenue? Do you have questions about finding other Single Family real estate for sale in Honolulu? You can browse all Honolulu real estate or contact a Coldwell Banker agent to request more information.

