Hawaii Living

718 Kaaloa St (Kapiolani)

1 / 1
Photo 1 of 718 Kaaloa St, Honolulu
718 Kaaloa St, Honolulu
Selling or Buying in Kapiolani?
Call/Text Tracy (808) 372-2274 or send a message using the form below.
Tracy Yamato

Tracy Yamato

Certified Residential Specialist
Realtor, RS-51972

Mobile: (808) 372-2274

Email: Tracy@HawaiiLiving.com

"Let my over 33 years of experience work for you."
Client Testimonials
Description
Located in the heart of Honolulu, this spacious two-story property is currently divided into two separate units (upstairs and downstairs), each with its own kitchen, 4-bedrooms and 2-bathrooms. Each current unit could potentially be divided into two 2-bedroom units, with 1 bath, with plumbing set up for a kitchen to be built. For maximum income potential, this property could have 4 units, each with a kitchen, 2-bedrooms, 1 bathroom and separate entries. More options could be possible with special Apartment A-2 zoning and upstairs and downstairs are separately metered for water and electricity. Downstairs unit has 8 leased solar panels and property has ample parking space. Prime location close to UH, Ala Moana Shopping Center, restaurants and entertainment, makes it desirable for both convenience and investment. Whether you are looking to generate income, or create a home tailored to your lifestyle, don’t miss this rare opportunity to create something special!
Past Activity
  • May 19, 2025 Sold for $1,900,000
  • Feb 12, 2025 Under Contract
  • Jan 13, 2025 Listed at $2,100,000
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $565
  • Other Homes Price / ft²
  • Cash vs Financing Buyers
  • Zoning: 12 - A-2 Medium Density Apartme
  • Flood Zone: Zone X
  • Property Condition: Average
  • Amenities: Bedroom on 1st Floor, Full Bath on 1st Floor
  • TMK: 1-2-7-16-18-0
  • Tax Assessed Land: $1,340,200
  • Tax Assessed Improvements: $422,300
  • Tax Assessed Total: $1,762,500
  • Courtesy: Locations LLC / (808) 735-4200
  • MLS: 202501789
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 11, 2025.Information is deemed reliable but not guaranteed.
Other Kapiolani Homes
$2,245,000
2128 Date St
Multi-Family

$2,300,000
707 Hausten St
Multi-Family

$2,500,000
2458 Wilder Ave
Multi-Family

$2,600,000
2908 Varsity Cir
Multi-Family

Other Honolulu Homes
Waialae Iki
$2,095,000
5197 Poola St
5 Bds | 3 Ba
2,927 ft²
Queens Gate
$2,088,000
1016 Laukupu Way
3 Bds | 2 Ba
1,914 ft²
Alewa Heights & Kam Heights
$2,149,000
2222 Mahalo St
8 Bds | 5 Ba
3,568 ft²
Kapahulu
$2,150,000
Kalihi
$2,150,000
2871 Kalihi St#H
6 Bds | 3 Ba
2,288 ft²
Queens Gate
$2,150,000
7832 Makaaoa Pl
3 Bds | 2 Ba
2,033 ft²
  • Sold 5/19/25 at $1,900,000
    (List Price: $2,100,000)
Description
Located in the heart of Honolulu, this spacious two-story property is currently divided into two separate units (upstairs and downstairs), each with its own kitchen, 4-bedrooms and 2-bathrooms. Each current unit could potentially be divided into two 2-bedroom units, with 1 bath, with plumbing set up for a kitchen to be built. For maximum income potential, this property could have 4 units, each with a kitchen, 2-bedrooms, 1 bathroom and separate entries. More options could be possible with special Apartment A-2 zoning and upstairs and downstairs are separately metered for water and electricity. Downstairs unit has 8 leased solar panels and property has ample parking space. Prime location close to UH, Ala Moana Shopping Center, restaurants and entertainment, makes it desirable for both convenience and investment. Whether you are looking to generate income, or create a home tailored to your lifestyle, don’t miss this rare opportunity to create something special!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 11, 2025.Information is deemed reliable but not guaranteed.
    • May 19, 2025 Sold for $1,900,000
    • Feb 12, 2025 Under Contract
    • Jan 13, 2025 Listed at $2,100,000
    Other Kapiolani Homes
    $2,245,000
    2128 Date St
    Multi-Family

    $2,300,000
    707 Hausten St
    Multi-Family

    $2,500,000
    2458 Wilder Ave
    Multi-Family

    $2,600,000
    2908 Varsity Cir
    Multi-Family

     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.