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Single Family 5 bedroom $1,490,000 MLS:202612167

$ 1,490,000
Single Family in For Sale
1104 Palama Street
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34
For Sale

Mixed-use investment opportunity in Kalihi featuring two buildings and nine residential rooms. The ground floor commercial unit has a CUP in place with roll-up door access and direct street frontage — suitable for retail, grocery, or light industrial use. Building B is currently occupied generating $4,000/month. Building A is actively under renovation. Priced at $1,500,000 with a stabilized cap rate of 7.8–9.0%. The surrounding Kalihi corridor has strong long-term redevelopment fundamentals.Conditional Use Permit (CUP) — Protected Commercial UseThe commercial unit carries a CUP, securing its legal commercial operating status within the R-5 residentialzone. This rare entitlement protects lender and tenant confidence and is a meaningful differentiator at this pricepoint.

Address: 1104 Palama Street
Zip: 96817
Country: アメリカ合衆国
Property Id : 252445
Price: $ 1,490,000
Property Size: 3,296 ft2
Bedrooms: 5
Bathrooms: 2
Half Bath: 0
MLS Number: 202612167
Property Type: Single Family
Partial Baths]: 0
Parking Total: 4
Area: Metro | Waikiki | Kakaako | Ala Moana
Country: Oahu
Status: For Sale
Parking Features: Three or more Spaces
Architectural Style: Multi-Family, Multiplex
Construction Materials: Wood Frame
Property Condition: Average Condition, Updated/Remodeled
SqFt Roofed Living: 0
Year Built: 1905
View: City
Flooring: Vinyl
Furnished: Unfurnished
Inclusions: None

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