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Investment Highlights

  • Total Units: 12
  • Unit Type: Two-Bed
  • Zoning: R-5
  • # of Buildings: 3
  • Parking: 4
  • Year Built: 1916

Executive Summary

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.

Property Facts

Price $4,152,424 CAD
Price Per Unit $346,035 CAD
Sale Type Investment
Cap Rate 7.88%
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.13 AC
Building Size 5,536 SF
Average Occupancy 100%
No. Stories 2
Year Built 1912
Zoning R-5

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 12 - -
Exceptionally walkable
90/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 1-1-6-001-099-0000
  • 1-1-6-001-058-0000
Land Assessment
$1,059,135 CAD
Improvements Assessment
$367,128 CAD
Total Assessment
$1,426,263 CAD
  • Listing ID: 36174447

  • Date on Market: 2025-06-09

  • Last Updated:

  • Address: 815 Lopez Ln, Honolulu, HI 96817

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