1039 Wong Ln Honolulu, HI 96817

Price
$2,800,000
Listed On
Type
For Sale
Status
Active
1039 Wong Ln, Honolulu, HI 96817
1039 Wong Ln, Honolulu, HI 96817
1039 Wong Ln, Honolulu, HI 96817
1039 Wong Ln, Honolulu, HI 96817
1039 Wong Ln, Honolulu, HI 96817
1039 Wong Ln, Honolulu, HI 96817
1039 Wong Ln, Honolulu, HI 96817
1039 Wong Ln, Honolulu, HI 96817
1039 Wong Ln, Honolulu, HI 96817
1039 Wong Ln, Honolulu, HI 96817
1039 Wong Ln, Honolulu, HI 96817
1039 Wong Ln, Honolulu, HI 96817
1039 Wong Ln, Honolulu, HI 96817
1039 Wong Ln, Honolulu, HI 96817
1039 Wong Ln, Honolulu, HI 96817
1039 Wong Ln, Honolulu, HI 96817
Asking  $2,800,000

Snapshot

Type
For Sale
Category
Purchase
Property Type
Residential Multi Family
Property Subtype
Other
MLS Number
202526036
Parcel Number
1-1-6-007-062-0000
Property Sqft
Lot Size
Year Built
1953
Year Updated
Bedrooms
0
Bathrooms
0
Full Bathrooms
0
3/4 Bathrooms
0
Half Bathrooms
0
Quarter Bathrooms
0
Lot Size (in sqft)
-
Price Low
-
Room Count
-
Building Unit Count
8
Condo Floor Number
-
Number of Buildings
-
Number of Floors
1
Parking Spaces
16
Subdivision Name
KAPALAMA
Franchise Affiliation
None
Special Listing Conditions
Auction
Auction
Bankruptcy Property
Bankruptcy Property
HUD Owned
HUD Owned
In Foreclosure
In Foreclosure
Notice Of Default
Notice Of Default
Probate Listing
Probate Listing
Real Estate Owned
Real Estate Owned
Short Sale
Short Sale
Third Party Approval
Third Party Approval

Description

Excellent investment opportunity in Honolulu with NOI of 5%, 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, 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.

More Details

MLS Name
Honolulu Board of REALTORS®
Source
ListHub
MLS Number
202526036
MLS ID
HICENTRAL
Virtual Tour
PARTICIPANT
Name
Vincent Lao
Primary Phone
(808) 382-6871
Key
3YD-HICENTRAL-22205
Email
Vincent@FiveStarRealty.org
Fax
8085937892
BROKER
Name
Five Star Realty Inc
Phone
(808) 382-6871
OFFICE
Name
Five Star Realty, Inc.
Phone
(808) 382-6871
Copyright © 2025 Honolulu Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Features

Basement
Basement
Dock
Dock
Elevator
Elevator
Fireplace
Fireplace
Greenhouse
Greenhouse
Hot Tub Spa
Hot Tub Spa
New Construction
New Construction
Pool
Pool
Sauna
Sauna
Sports Court
Sports Court
Waterfront
Waterfront
Construction Materials
Single Wall
Single Wall
 Wood Frame
Wood Frame
Parking
Covered
Covered
Open
Open
Utilities
Water Available
Water Available

History

DateEventPrice$/SqftSource
Listed For Sale$2,800,000 $∞Five Star Realty, Inc.
Report issue with price history

Taxes

YearAnnual AmountDescription
$9,261

Nearby Schools

Elementary School

Princess Miriam K Likelike Elementary School

0.2 miles awayPK - 05

Elementary School

Princess Victoria Kaiulani Elementary School

0.4 miles awayPK - 05

Elementary School

Lanakila Elementary School

0.3 miles awayPK - 05
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Get more info on 1039 Wong Ln, Honolulu, HI 96817
Profile
Vincent Lao
Listing Agent
(808) 382-6871
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
Vincent Lao
Listing Agent
(808) 382-6871
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.