Hawaii Living

954 Akepo Lane (Kalihi)

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954 Akepo Lane, Honolulu
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Description
Investment Opportunity! 15-unit apartment building in Dillingham. 3-story walk-up in the heart of Honolulu, just minutes away from Costco Iwilei, Home Depot, and bus lines. This hollow tile building features 15 identical one-bedroom units and 16 parking stalls. Interior units were remodeled in 2017, offering updated finishes and functional layouts. Each unit has its own electric meter and a washer on the lanai (tenant-owned), keeping maintenance simple and costs low. Convenient location, strong rental demand, and individual metering make this a solid investment for any portfolio- whether you're a local investor or seeking a 1031 exchange opportunity. Financials available upon request. All information subject to change. *some photos have been virtually decluttered*
Recent Activity
  • Oct 13, 2025 Listed at $3,790,000
Recent Sales
(Kalihi)
More Details
  • Owner, Tax & Resale History
  • Other Homes Price / ft²
  • Cash vs Financing Buyers
  • Year Remodeled: 2002
  • Zoning: 46 - IMX-1 Industrial-Commercia
  • Flood Zone: Zone X
  • View: City, Mountain
  • Furnished: None
  • Property Condition: Above Average
  • Amenities: A/C
  • TMK: 1-1-5-6-18-0
  • Tax Assessed Land: $2,185,300
  • Tax Assessed Improvements: $920,300
  • Tax Assessed Total: $3,105,600
  • Courtesy: Keller Williams Honolulu / (808) 596-2888
  • MLS: 202510598
Ask Michelle a Question
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 08, 2025.Information is deemed reliable but not guaranteed.
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815 Lopez Lane
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  • Asking Price: $3,790,000
Description
Investment Opportunity! 15-unit apartment building in Dillingham. 3-story walk-up in the heart of Honolulu, just minutes away from Costco Iwilei, Home Depot, and bus lines. This hollow tile building features 15 identical one-bedroom units and 16 parking stalls. Interior units were remodeled in 2017, offering updated finishes and functional layouts. Each unit has its own electric meter and a washer on the lanai (tenant-owned), keeping maintenance simple and costs low. Convenient location, strong rental demand, and individual metering make this a solid investment for any portfolio- whether you're a local investor or seeking a 1031 exchange opportunity. Financials available upon request. All information subject to change. *some photos have been virtually decluttered*
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 08, 2025.Information is deemed reliable but not guaranteed.
    • Oct 13, 2025 Listed at $3,790,000
    Other Kalihi Homes
    $3,888,000
    721 Mokauea St
    6 Bds | 2.5 Ba
    2,610 ft²
    $3,600,000
    1611 Kahai St
    Multi-Family

    $2,988,000
    815 Lopez Lane
    12 Bds | 12 Ba
    5,808 ft²
    $2,888,000
    2704 Kalihi St
    11 Bds | 6 Ba
    240 ft²
    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.