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12-Unit Apartment Building
For Sale
Contact for pricing
Pending

75-5706 Kalawa St, Kailua Kona, HI 96740

Renovated interiors, private entry, storage units, and open-air lanais support a distinctive multifamily offering in Kailua-Kona.

Property SizeContact for details
Days on Market147

Property Features for 75-5706 Kalawa St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: CBRE - Honolulu
Listed By: Matthew Bittick · License #RB-19143
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Sep 2 at 2:04AM

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 CBRE - Honolulu

Investment Insights

Based on property information with market context.

Kani Le’a is a 12-unit apartment property in Kailua-Kona, with each residence configured as a two-bedroom, one-bath unit. The building dates to 1972 and has received extensive interior improvements, including refinished hardwood floors, updated kitchen cabinetry and appliances, and fully renovated bathrooms. Units feature spacious layouts and exterior lanais. A private entry connects to an open-air courtyard served by two separate stairwells. Ground-floor amenities include 12 storage units and a shared tenant workshop.

The property is situated within Kailua-Kona’s Opportunity Zone and West Hawaii Central Business District. Public transportation, Alii Drive, and Kailua Bay are directly accessible. Nearby retail and dining include restaurants, Starbucks, and Niumalu Plaza, a Safeway-anchored shopping center. Apartment rents are approximately ten percent below market.

Key Highlights

  • 12 apartment units, each with 2 bedrooms and 1 bathroom
  • Interior upgrades include hardwood flooring, kitchen cabinets, appliances, and renovated bathrooms
  • Exterior lanais and spacious floor plans

Property Analytics

Current Use

Kani Le'a Apartments Apartment Complex

Location Intelligence

Demographics for 96740, HI

38,234
Population
19,119
Households
2
Avg Household Size
45
Median Age
35%
College-Educated
94%
High-School Grad
242.4 sq mi
ZIP Area
158
Density / Sq Mi
$94,091
Median Household Income
$42,605
Median Earnings
$1,692
Median Rent
$730,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated interiors, private entry, storage units, and open-air lanais support a distinctive multifamily offering in Kailua-Kona.
Where is this apartment building located?
The property is located at 75-5706 Kalawa St Kailua Kona, HI.
What are key features of this property?
This property features: 12 apartment units, each with 2 bedrooms and 1 bathroom; Interior upgrades include hardwood flooring, kitchen cabinets, appliances, and renovated bathrooms; Exterior lanais and spacious floor plans
(808) 541-5182 Call to check price and availability
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