750 Makaleka Ave , Honolulu, Hi 96816

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. Conveniently located near Waikiki, Kapiolani Park, golf courses, shops, and restaurants. Property is vacant and ready for immediate rental, renovation, or redevelopment.

Home details

2,425 sqft interior area

Year Built 1973
Days on market 298
Price per sqft $722/sqft
Beds 8
Address
750 Makaleka Ave, Honolulu, HI, 96816
Total area 2,425 sqft
Interior area 2,425 sqft
Land area 7,036 sqft
nr.of parking places 10
Property type Detach Single Family, Multiple Dwellings
Pool None
Neighborhood Kapahulu
City of Oahu Honolulu
Region Honolulu
Island Oahu
Land tenure FS - Fee Simple
View None

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments

Mortgage

$8,923

Taxes

$571

HOA dues

$0

Mortgage

Last listprice

Down payment

$350,000 / 20%

Interest rate

6.58%

Loan type

30 years

Your amount $8,923 / month

Taxes

Property taxes

$571 / month

Estimated tax $571 / month

Property tax figures are deemed reliable but not guaranteed. All property tax information needs to be verified by the buyer.

No HOA dues

Neighborhood: Kapahulu

Oahu

Honolulu

Kapahulu

Nearby & commute

Walkability

Coffee shops

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no data

Bus stop

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no data

Supermarket

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no data

Costco

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no data

Hospital

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no data

Park

—

no data

Beach

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no data

Elementary school

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no data

Middle school

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no data

High school

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no data

Local airport

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no data

14 / 20

Somewhat walkable

►

18-20

Most Walkable

15-18

Very walkable

10-15

Somewhat walkable

1-10

Car dependent

Walkability according to the National Walkability Index

Amenities & Features

10 parking places, Hardwood, Other, W/W Carpet floors

Floors

Hardwood, Other, W/W Carpet

Stories

Two

Construction

Above Ground, Hollow Tile, Single Wall

Utilities

Connected, Overhead Electricity, Public Water, Water

Property Condition

Fair, Needs Major Repair

Inclusions

None

Kapahulu prices

Average price $672.5k

Neighborhood average sales price*

$672.5k

Neighborhood median sales price*

$635k

Number or sales*

6

Street median sales price*

$635k

Median sale price Hale Royale*

$585k

*last 6 months

Schools

15 schools in this area

School rating		Distance
NR	Prince Jonah Kuhio Elementary School 2759 South King St, Honolulu, HI 96826 Elementary School	0.559mi
NR	St Louis School 3142 Waialae Avenue, Honolulu, HI 96816 Middle School	0.561mi
NR	Kaimuki High School 2705 Kaimuki Ave, Honolulu, HI 96816 High School	0.309mi

School rating		Distance
NR	Prince Jonah Kuhio Elementary School 2759 South King St, Honolulu, HI 96826	0.559mi
NR	Iolani School 563 Kamoku St, Honolulu, HI 96826	0.575mi
NR	Aikane O Hokulani 2940 Kamakini St, Honolulu, HI 96816	0.61mi
NR	King Liholiho Elementary School 3430 Maunaloa Ave, Honolulu, HI 96816	0.611mi
NR	St Patrick School 3320 Harding Avenue, Honolulu, HI 96816	0.612mi

School rating		Distance
NR	St Louis School 3142 Waialae Avenue, Honolulu, HI 96816	0.561mi
NR	Iolani School 563 Kamoku St, Honolulu, HI 96826	0.575mi
NR	St Patrick School 3320 Harding Avenue, Honolulu, HI 96816	0.612mi
NR	Hawaii School For The Deaf And Blind 3440 Leahi Ave, Honolulu, HI 96815	0.63mi
NR	Waikiki Elementary School 3710 Leahi Ave, Honolulu, HI 96815	0.716mi

School rating		Distance
NR	Kaimuki High School 2705 Kaimuki Ave, Honolulu, HI 96816	0.309mi
NR	St Louis School 3142 Waialae Avenue, Honolulu, HI 96816	0.561mi
NR	Iolani School 563 Kamoku St, Honolulu, HI 96826	0.575mi
NR	Hawaii School For The Deaf And Blind 3440 Leahi Ave, Honolulu, HI 96815	0.63mi
NR	Varsity International School 2617 South King St., 3-D, Honolulu, HI 96826	0.77mi

Price history

Rented May 11, 2020

Date	Event	Price	$/sqft	Source
May 11, 2020	Rented	$1,500	$0.62	MLS #202004189
Feb 27, 2020	New Listing rental	$1,500	$0.62	MLS #202004189

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Tax & MLS details 750 Makaleka Ave, Honolulu, HI, 96816

MLS #202504967

Current Property Taxes p/month

$571

Assessed Improvement value

$220,200

TMK

1-2-7-035-010-0000

Flood Zone

Zone X

Topography

Level

Lot Description

Clear

Total Assessed value

$1,956,400

Listed by

Compass
(808) 825-4277

MLS #

202504967

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Stunning views

Ocean views

Open floorplan

Needs Work

Street noise

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Frequently asked questions for 750 Makaleka Ave

What is 750 Makaleka Ave?

750 Makaleka Ave, Honolulu, HI, 96816 is a single family home located in the Kapahulu neighborhood of the Honolulu region in the city of Honolulu in zipcode 96816. This single family home has 8 bedrooms & bathrooms with an interior area of 2425 sqft, on a 7036 sqft lot.

When was this home built and last sold?

This house was build in 1973.

What is the full address of this home?

750 Makaleka Ave, Honolulu, HI, 96816.

Are there beaches near 750 Makaleka Ave?

The nearest beach is 0.798 miles away, called Waikiki Beach. It should take about 26 min walk.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of Compass. Some 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. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on September 16, 2025.
Hawaii House Last checked 1 minute ago.

750 Makaleka Ave, Honolulu, HI, 96816 is a single family home located in the Kapahulu neighborhood of the Honolulu region in the city of Honolulu in zipcode 96816. This single family home has 8 bedrooms & bathrooms with an interior area of 2425 sqft, on a 7036 sqft lot. This house was build in 1973.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.

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750 Makaleka Ave, Honolulu, HI 96816

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