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815 Lopez Lane

$3,465,000

815 Lopez Lane, Honolulu, HI 96817

Active
Last Updated: 06/14/2025

6.8

Cap Rate

235,576

NOI

Details:
Cap Rate:    6.8%
NOI:    $235,576
Building Size:    5,808 sqft
Lot Area:    5,757 sqft
Occupancy:    100%
Units:    12
GRM:    1916
Year Built:    1916
Zoning:    R-5
Floors:    2
Parking Spots:    4
Description:

Completely renovated inside and out, this 3-structure legal, non-conforming gem earns better than a 6.25% return (actual). Off the ground construction means repairs are simple! All 12 two-bedrooms are permitted & renovated with new electric, plumbing, kitchens, and bathrooms, windows, doors, new roofs, paint, and more. Separately metered for water, electric, and gas (not hooked
up) mean recurring utility expenses for this excellent opportunity are close to zero. Private lane access runs with the property & includes 3 parking spaces that are rented out for add’l income.

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