815 Lopez Lane
Market Price
815 Lopez Lane, Honolulu, HI 96817
For Sale
Multifamily
Active
Last Updated: 06/09/2025
6.28
Cap Rate
6.47
Pro Forma Cap Rate
Details:
Cap Rate: 6.28%
Pro Forma Cap Rate : 6.47%
Building Size: 5,808 sqft
Lot Area: 5,757 sqft
Occupancy: 100%
Units: 12
Year Built: 1916
Zoning: R-5
Floors: 2
Opportunity Zone: No
Parking Spots: 4
Highlights:
- • Total Units: 12
- • # of Buildings: 3
- • Unit Type: Two-Bed
- • Parking: 4
- • Zoning: R-5
- • Year Built: 1916
- • 5,757sqft of Land
- • 5,808sqft of Interior
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.
Location
Gallery
