REQUEST A TOUR

Keishi Takashima

keishi@origamirealtyhawaii.com +1(808) 650-5387

Listed by Five Star Realty, Inc.

$ 1,785,000

Est. payment -/mo

Save

Active

1729 Malanai ST Honolulu, HI 96826

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Mccully

MLS Listing ID 202616551

Construction Status Good Condition

HOA Y/N No

Year Built 1941

Annual Tax Amount $4,044

Property Sub-Type Multi Family

Property Description

The property features an attractive unit mix of 1 studio, 3 one-bedroom units and 1 two-bedroom unit, providing a diversified tenant profile and broad rental appeal. Current scheduled rents total approximately $8,855/month, with estimated laundry income of $120/month, generating approximately $8,975 in total monthly income or $107,700 annually. Several units are currently rented below market, creating potential for future income growth as leases turn over and rents are adjusted. The property has 5 separate electric meters, allowing electricity to be individually metered for each unit and 1 water meter. Centrally located near McCully, Kalakaua Avenue, Waikiki, Ala Moana, Kapiolani Boulevard, shopping, dining, entertainment, employment centers, schools, parks, and public transportation. The convenient in-town location supports strong rental appeal and accessibility. Whether you're an experienced multifamily investor expanding your portfolio or seeking an income-producing property with value-add and future rent-growth potential, this property is worth a closer look. Do not disturb tenants or walk onto the property without prior approval. All showings require prior notice and approval.

Location

State HI

County Oahu

Area Metro

Interior

Furnishings Unfurnished

Fireplace No

Laundry Coin-operated

Exterior

Parking Features Assigned, Covered, Open, Tandem

Community Features None

Utilities Available Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Water Available, Sewer Connected

Waterfront Description Other

View Y/N No

View None

Total Parking Spaces 4

Building

Lot Description Cleared, Other, Level

Dwelling Type Apartment,Duplex

Entry Level One,Two

Sewer Connected

Water Public

Level or Stories One, Two

Construction Status Good Condition

Others

Tax ID 1-2-3-031-047-0000

Special Listing Condition None

Mortgage Calculator

/monthly

Breakdown

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Amenities & Attractions

Restaurants

Home Services

Health & Medical

Local Services

Shopping

Recreation

Arts & Entertainment

Food

Beauty

Nightlife

Event Planning & Services

Automotive

Religious Organizations

Financial Services

Professional Services

Travel

Pets

Education

Public Services & Government

Local Media

Teddy’s Bigger Burgers

2424 S Beretania Ave, Honolulu, HI 96826

Burgers Phone: 808-949-0050
I-NABA

1610 S King St, Honolulu, HI 96806

Japanese Phone: 808-953-2070
Burger King

2536 S Beretania St, Honolulu, HI 96826

Burgers Phone: 808-947-8700
Kirin Restaurant

2518 S Beretania St, Honolulu, HI 96826

Cantonese Phone: 808-942-1888
Mediterraneo Italian Restaurant

1809 S King St, Honolulu, HI 96826

Mediterranean Phone: 808-593-1466
Sushi Izakaya Shinn

2065 S Beretania St, Honolulu, HI 96826

Japanese Phone: 808-946-7466
Sweet Home Glad

2671 S King St, Honolulu, HI 96826

Asian Fusion Phone: 808-949-2679
Subway

2507 S King St, Honolulu, HI 96826

Fast Food Phone: 808-943-0207
Pho Bistro 2

1694 Kalakaua Ave, Honolulu, HI 96826

Vietnamese Phone: 808-949-2727
Honey Glazed Hams

2758 S King St, Honolulu, HI 96826

Sandwiches Phone: 808-943-0040
Yamagen

2210 S King St, Honolulu, HI 96826

Japanese Phone: 808-947-2125
Mama Woo’s BBQ

2080 S King St, Honolulu, HI 96826

Barbeque Phone: 808-941-6262
Amina Pizzeria

1694 Kalakaua Ave, Honolulu, HI 96826

Pizza Phone: 808-949-3548
Hot Pot Heaven

1960 Kapiolani Blvd, Honolulu, HI 96826

Hot Pot Phone: 808-941-1115
Art Cafe

1010 Artesian St, Honolulu, HI 96826

Desserts Phone: 808-942-2400
KFC

1124 McCully Street, Honolulu, HI 96826

Fast Food Phone: 808-941-7411
Golden Eagle Chinese Restaurant

2334 S King St, Honolulu, HI 96826

Chinese Phone: 808-955-5080
The Nook Neighborhood Bistro

1035 University Ave, Honolulu, HI 96826

American (New) Phone: 808-942-2222
Blazin’ Steaks

1010 University Ave, Honolulu, HI 96826

Fast Food Phone: 808-942-1111
Puck’s Alley

1035 University Ave, Honolulu, HI 96826

Cafes Phone: 808-946-2966
Domino’s Pizza

2424 S Beretania St, Honolulu, HI 96826

Chicken Wings Phone: 808-744-2283
One Plus One Drive Inn

2437 S King St, Honolulu, HI 96826

Chinese Phone: 808-944-5511
Apartment3

1750 Kalakaua Ave, Honolulu, HI 96826

American (New) Phone: 808-955-9300
Jack In The Box

1970 S King St, Honolulu, HI 96826

Fast Food Phone: 808-949-1471
L&L Drive-Inn

2320 S King St, Honolulu, HI 96826

Hawaiian Phone: 808-951-8333
Taco Bell

1960 Kapiolani Blvd, Honolulu, HI 96826

Tex-Mex Phone: 808-947-9595
Restaurant Do-ne Japanese Food

1614 Kalakaua Ave, Honolulu, HI 96826

Japanese Phone: 808-626-5782
King’s Salad & Convenience Store

2671 S King St, Honolulu, HI 96826

Korean Phone: 808-944-2828
Chef Mavro

1969 S King St, Honolulu, HI 96826

Seafood Phone: 808-944-4714

Educational Environment

Elementary Schools (4)Middle Schools (2)High Schools (1)

Name