Eight-Home Apartment
For Sale
$2,800,000
1039 Wong Lane, Honolulu, HI 96817
The property combines detached residences, individually metered electricity, and a varied bedroom configuration.
Property SizeContact for details
Lot Size0.49 Acres
Days on Market338
Property Features for 1039 Wong Lane
General Information
Standard status
Active
Lot size
0.49 Acres
Property subtype
Multi-Family / Multi-Family
Zoning
05 - R-5 Residential District
Net Operating Income
$138,264
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
6 x 2BR/1BA, 2 x 3BR/1BA
Multifamily Units
8
Additional Details
Cap Rate
5%
Amenities
Asphalt Shingle
Driveway
Above Ground, Single Wall, Wood Frame
Building Details
Year Built
1953
Buildings
8
Listing Agency:
Five Star Realty, Inc.
Listed By:
Vincent Lao · License #RB-18181
(808) 382-6871
Source:
Compass
Added: Oct 9, 2025
Changed: Aug 31
Last Checked: Aug 29 at 6:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Five Star Realty, Inc.
Investment Insights
Based on property information with market context.
This apartment property comprises eight detached homes arranged on a level 21,290-square-foot lot at 1039 Wong Lane. The configuration includes six two-bedroom, one-bath residences and two three-bedroom, one-bath residences. Each home has its own electric meter, and Unit F has been renovated. Improvements include wood-frame construction with single-wall materials, asphalt shingle roofing, and a driveway. The property was built in 1953 and is situated within the 05 - R-5 Residential District.
The Honolulu location is near Chinatown, Downtown, Lanakila Health Center, shopping centers, and major bus lines. The homes are identified as Units A through H, with addresses ranging from 1039A to 1039H. The property is offered in as-is condition, and tenant access is subject to appointment.
The Honolulu location is near Chinatown, Downtown, Lanakila Health Center, shopping centers, and major bus lines. The homes are identified as Units A through H, with addresses ranging from 1039A to 1039H. The property is offered in as-is condition, and tenant access is subject to appointment.
Key Highlights
- 8 detached homes on a 21,290 sq ft level lot
- Unit mix includes six 2‑bedroom, 1‑bath homes and two 3‑bedroom, 1‑bath homes
- Separate electric meter for each unit
Property Analytics
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Current Use
Lease Details
8
Residential units
Yes
Utilities to site
Location Intelligence
Demographics for 96817, HI
56,823
Population
21,489
Households
2.6
Avg Household Size
46
Median Age
30%
College-Educated
84%
High-School Grad
9.3 sq mi
ZIP Area
6,110
Density / Sq Mi
$74,690
Median Household Income
$42,492
Median Earnings
$1,419
Median Rent
$930,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - The property combines detached residences, individually metered electricity, and a varied bedroom configuration.
Where is this apartment building located?
The property is located at 1039 Wong Lane Honolulu, HI.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 8 detached homes on a 21,290 sq ft level lot; Unit mix includes six 2‑bedroom, 1‑bath homes and two 3‑bedroom, 1‑bath homes; Separate electric meter for each unit
