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$2,800,000
16 Days On Site

1039 Wong Lane
Honolulu, HI 96817

For Sale|Multi Family|Active
0
Beds
0
Total Baths
1953
Built
Subdivision:
KAPALAMA
County:
Oahu
Call Now: 808-457-0540
Is this the listing for you? We can help make it yours.
808-457-0540
1039 Wong Lane1039 Wong Lane1039 Wong Lane1039 Wong Lane
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Monthly Payment (Est.)

$12,775
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Excellent investment opportunity in Honolulu with NOI of 5%, ideal for investors looking to start or expand their real estate portfolio. This income-producing property features eight detached homes (addresses 1039A to 1039H) situated on a large, level 21,290 sq ft lot. The unit mix includes six 2-bedroom, 1-bath homes and two 3-bedroom, 1-bath homes, offering broad rental appeal. Each unit has a separate electric meter, allowing tenants to cover their own utilities and minimizing operating expenses for the owner. Located near Chinatown, Downtown, Lanakila Health Center, shopping centers, and major bus lines, the property benefits from high rental demand and strong occupancy potential. One unit (Unit F) has already been renovated with the opportunity to improve other units over time and boost rental income. This is a cash-flowing asset with long-term appreciation potential. The lot size may also offer future development or expansion potential (buyer to verify). Rarely does a property with this scale, flexibility, and location come to market. Offers are subject to inspection. Please do not disturb tenants or drive by without an appointment. Property to be sold in “As Is” condition.

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Listing Snapshot
Price 
$2,800,000
Days On Site 
16 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4888 Acres
Year Built 
1953
MLS® Number 
202526036
Status 
Active
Property Tax 
$9,261
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Disclosures 
None
Land Tenure 
FeeSimple
Levels 
One
Number Of Stories 
1
Parking Spaces 
16
Property Sub Type 
Multi Family
Utilities 
Electricity AvailableWater AvailableSewer Connected
Water Source 
Public
Zoning 
05 - R-5 Residential District
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Exterior Features
Lot Features 
ClearedLevel
Roof 
AsphaltShingle
View 
None
Waterview 
None
Community Features
Community Features 
None
MLS Area 
Metro
Listing courtesy of Five Star Realty, Inc. (808) 382-6871

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright © 2017-present by HiCentral MLS, Ltd.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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