815 Lopez Lane
$2,988,000
815 Lopez Lane, Honolulu, HI 96817
For Sale
Premium
Multifamily
Active
Last Updated: 07/23/2025
7.88
Cap Rate
235,576
NOI
Details:
Cap Rate: 7.88%
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 7.8% 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.
Location
Gallery
