1039 Wong Lane, Honolulu, HI

$3,180,000

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0.49

Acres

About 1039 Wong Lane

Excellent investment opportunity in Honolulu — 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 Honolulu, 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.

Features of 1039 Wong Lane

MLS® # 202512903
Price $3,180,000
Land Tenure FeeSimple
Bathrooms 0.00
Acres 0.49
Year Built 1953
Type Residential
Sub-Type Multi Family
Status Active

Community Information

Address 1039 Wong Lane
Area Metro
Subdivision KAPALAMA
City Honolulu
County Oahu
State HI
Zip Code 96817

Amenities

Utilities Above Ground Utilities, Electricity Available, High Speed Internet Available, Sewer Connected, Water Available
Parking Spaces 16
Parking Covered, Open
View None
Is Waterfront No
Has Pool No

Interior

Fireplace No
Stories One

Exterior

Exterior Single Wall, Wood Frame

Additional Information

Lease Fee $0
Monthly Maintenance Fee $0

Listing Details

OfficeFive Star Realty, Inc.
Contact Info(808) 382-6871

Public Information

County Tax Information

Listing Map

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