331 & 333 Hobron Lane, Honolulu, HI 96815 (MLS # 202408267)
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INCREDIBLE CASHFLOW OPPORTUNITY IN WAIKIKI priced at only $150,000 per unit. 18 solid concrete renovated units with 18 parking stalls on a total of 12,914 SF of land in world-famous Waikiki. The property has no trouble staying rented, and Waikiki typically has higher rent appreciation than other neighborhoods due to the year-round global demand. This property is leasehold with 40 years remaining on the ground lease and 15 years of known rent, making it financeable and eligible for a 1031 exchange. Ideal for a buyer looking to achieve a great return on their money for at least the next 40 years. Separately metered for electricity and tenants are billed back for water.
| DAYS ON MARKET | 275 | LAST UPDATED | 4/24/2024 |
|---|---|---|---|
| TRACT | WAIKIKI | YEAR BUILT | 1949 |
| COMMUNITY | Metro | COUNTY | Oahu |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Lunalilo |
|---|---|
| Jr. High School | Washington |
| High School | Kaimuki |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Metro |
| CONSTRUCTION | Concrete |
| LOT | 6500 acre(s) |
| LOT DESCRIPTION | Cleared, Interior Lot, Level |
| STORIES | 3+ |
| SUBDIVISION | WAIKIKI |
| TAXES | 13308 |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Sewer Connected |
| VIEW | Yes |
| WATER | Public |
| WATERFRONT DESCRIPTION | Other |
| ZONING | X2 - Apartment Precinct |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Standard Management LLC
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 1/14/25 8:29 PM PST.
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
active listings last updated on 1/14/25 8:29 PM PST.
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
This IDX solution is (c) Diverse Solutions 2025.