thehawaiirealestateguy.com Search Results

2 listings

Refine Search

Sort by

Income today, flexibility tomorrow. B-2 zoned Kailua property with 1,936 SF of interior space on a 5,000 SF lot, plus a 546 SF carport and 4+ parking spaces, currently configured as 3 separate commercial spaces rented for $8,600/month ($103,200/year gross). Leases are month-to-month, except the upstairs tenant through March 2027 — ideal for an investor to hold for income and reposition over time, or for an owner-user to occupy part of the building. The largest space includes a 3-bin sink with hand wash station, suited to food prep and a wide range of B-2 uses, plus updated bathrooms throughout. Recent updates include a replaced roof (2023), new double-pane windows (2023), and termite tenting (2026). Solar adds long-term value: a grandfathered NEM system installed in 2013 and upgraded in 2025 with 24 x 440-watt panels (10.56 kW total). Current property tax: $17,408.36 per year. Actual square footage and room count may differ from tax records. Buyer to do their own due diligence. Listor is one of the owners. Please do not disturb the tenants.

202620284 MLS ⋅ FS - Fee Simple Tenure ⋅ 1 DOM ⋅ N/A BLDG.

30 Maluniu Avenue Unit A, Kailua

$5,388,000

PRICE REDUCTION! 5.5% cap rate on current income! This exceptional property offers 10 apartment units and 2 ground floor retail units in prestigious Kailua. The building was majorly renovated inside and outside including replacement of all utilities, new silicone waterproof roof and commercial grade gutter systems, all new stainless steel appliances, flooring, interiors, fencing and painting. All apartment units have dual-pane glass vinyl windows and balcony sliding doors, LED lighting, split AC units in bedrooms and living rooms, and individual full-size stacked LG washer-dryers located on the balconies. The 2 retail spaces benefit from a high visibility location in this upscale retail corridor. In addition to abundant street parking in the immediate area, there are 7 covered parking stalls. Located just moments from Whole Foods Market and Kailua Beach. This is a trophy, renovated asset in an incredibly desirable submarket where investment properties are rarely available for sale and could be “turnkey” for a buyer. The apartments and retails units have been split into separate TMKs (1-4-3-31-27-1 & -2) for lower property tax rates.

202510044 MLS ⋅ FS - Fee Simple Tenure ⋅ 565 DOM

54 Maluniu Avenue, Kailua

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

How much is your home worth?

How much is your home worth?