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Investment Highlights

  • Prime East Honolulu location within the desirable Palolo Valley Neighborhood
  • Stable long-term demand driven by owner-occupants, multi-generational households, and rental demands
  • Potential long-term appreciation due to limited developable land throughout Honolulu
  • Strong underlying land value supported by one of Oahu's most supply-constrained residential markets
  • Excellent accessibility to Kaimuiki, Waikiki, Kahala, Downtown Honolulu, and the University of Hawaii at Manoa
  • Diversified exit strategies, including owner-occupancy, investment hold, or redevelopment (subjected to zoning and governmental approvals)

Executive Summary

Fee Simple Prime East Honolulu Location within Palolo Valley.
2102 & 2106 Palolo Avenue presents an opportunity to acquire a well-located asset within one of East Honolulu’s established residential communities. Situated in the heart of Palolo Valley, the property benefits from a mature neighborhood characterized by long-term homeownership, limited land availability, and consistent housing demand. Investors and owner occupants are afforded the advantages of stable occupancy fundamentals, strong underlying land value, and proximity to Honolulu’s primary employment, education, healthcare, and retail districts.
The surrounding market continues to demonstrate resilience, supported by constrained housing inventory and sustained demand throughout the 96816 zip code. The property’s location also positions it to benefit from Honolulu’s ongoing housing initiatives and increasing emphasis on infill redevelopment where zoning permits.

Property Facts

Price $6,814,920 CAD
Price Per SF $613.96 CAD
Sale Type Investment
Property Type Specialty
Property Subtype
Religious Facility
  • Multifamily Apartments
Building Class C
Lot Size 2.33 AC
Building Size 11,100 SF
No. Stories 1
Year Built 1978
Zoning R-5
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
1-3-4-009-034-0000
Land Assessment
$1,950,769 CAD
Improvements Assessment
$27,906 CAD
Total Assessment
$1,978,675 CAD
  • Listing ID: 41546678

  • Date on Market: 2026-08-04

  • Last Updated:

  • Address: 2106 Palolo Ave, Honolulu, HI 96816

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