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Renovated Two-Structure 7-Unit Property

1812 Algaroba Street Honolulu, HI 96826

1812 Algaroba Street, Honolulu, HI, 96826
$1,425,000
For Sale
$1,425,000

COMMERCIAL - Honolulu, HI

Days on Market22

Property Features for 1812 Algaroba Street

General Information

Property type
Commercial Sale
Property subtype
Other
Parking
1
Parking features
On Street
Standard status
Active
APN
1-2-3-028-024-0000

Taxes and HOA fees

Tax Annual Amount
4122

Utilities

Utilities
Natural Gas Available

Building Details

Year built
1953
Floors in Building
2
Number of units
7
Building materials
Wood Frame
Listing agency REMAX Hawaii
Listed by Myron N Kiriu · License #RB-17242
Added: Jul 2 Checked: Jul 23 at 2:06AM
MLS# 202612633

Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained 7-unit multifamily property consists of two separate structures, totaling three one-bedroom units and four studio units. The property has recently been renovated with vinyl plank flooring, fresh exterior paint, and updated finishes throughout. Management-ready configuration supports straightforward leasing across both unit types.

Located in the McCully area of Honolulu, the property is identified as BMX-3 zoned. It’s positioned for convenience to shopping and dining, with easy access to public transportation.

For buyers seeking a small residential income asset, the mix of one-bedrooms and studios can support tenant demand across different household needs. A majority of the units are currently occupied, providing immediate rental income. With the recent updates and consistent unit configuration, the property may be well-suited for an owner-operator or an investor looking for a manageable multifamily portfolio in a transit-accessible neighborhood.

Key Highlights

  • 7‑unit multifamily property in McCully, zoned BMX‑3
  • Two separate structures: 3 one‑bedroom units and 4 studio units
  • Majority of units are occupied, providing immediate rental income

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Public Restroom Public Bathroom

FAQs

What type of property is this?
Apartment building - Renovated 7-unit multifamily with two structures offering three one-bedrooms and four studios, zoned BMX-3.
Where is this apartment building located?
The property is located at 1812 Algaroba Street Honolulu, HI.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: 7‑unit multifamily property in McCully, zoned BMX‑3; Two separate structures: 3 one‑bedroom units and 4 studio units; Majority of units are occupied, providing immediate rental income
Contact an agent
More about this property
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