1662 Lewalani Drive

in Honolulu, Hawaii

Show Location Street View Print Page
  • $4,390,000
  • 8,736 sq ft land
  • 0.2 ac

Actions for 1662 Lewalani Drive

100% leased 12-unit apartment building in a well-located part of Makiki. Excellent stabilized cash flow opportunity which is turnkey for an investor. The property underwent a major renovation in 2020 including new quartz countertops, cabinets, vanities, lights, ceiling fans, LVT flooring, interior paint, tiled showers*, stainless steel microwaves and gas ranges/ovens, washer dryers, and low flow water fixtures. In addition, the driveway and parking lot was repaved with new asphalt and concrete in some areas, as well as updated landscaping to the property. Roof re-coated and resealed in 2022! INVESTMENT HIGHLIGHTS - Renovated units with luxury finishes - Excellent unit mix - CMU construction - Large Units - Electricity & Gas are separately metered - All units have their own washer/dryer - 10 on-site parking spaces - In-place 4.9% CAP rate

Property details for 1662 Lewalani Drive

  • MLS # 202311027
  • Property Type Multi-Family
  • Lot Size (Ft) 8,736
  • Year Built 1966
  • Flood Zone Zone X
  • Elementary Schools Lincoln
  • High Schools Roosevelt
  • Topography Gentle Slope, Level
  • Year Remodeled 2002
  • Building Type Apartments
  • Property Condition Above Average
  • Stories Type Three
  • Property Condition Inside
  • Roofing Composition
  • Parking Spots 10
  • Sewer Connected
  • Possession At Closing
  • Listing Brokerage Standard Management LLC
  • Type Of Dwelling Multi-Family
  • Amenities Secured Lobby
  • View Specify None
  • County Data Click Here

Taxes for 1662 Lewalani Drive

  • Tax Id 1240300330000
  • Gross Taxes $744
  • Taxes For Tax Year 2023

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 09/30/2023. Information is deemed reliable but not guaranteed. Copyright: 2020 by HiCentral MLS, Ltd.

Mortgage Calculator for 1662 Lewalani Drive

Listing Price


Est. Monthly Payment*

= {{monthlyPayment | currency:"$":0}}
* Data provided for rough illustration. Payments do not include amounts for taxes and insurance premiums. Estimated monthly cost is based on interest compounded annually. The actual payment obligation will be greater if taxes and insurance are included.

Ask a Question. Schedule a Showing. Inquire...

There are errors in the following form

  • {{error}}

We will never share your information or spam you because that would be lame.