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$1,000,000
5 Beds ⋅ 4 Baths ⋅ 202615926 MLS ⋅ FS - Fee Simple Tenure
Investment property/opportunity! Features: 2 bedroom separate unit on 1st floor, 3 bedroom 2nd floor, 4 baths, 4 parking area, separate electric meters. This property is zoned industrial-commercial. SOLD "AS IS"

739 Gulick Avenue Unit B, Honolulu

Listing courtesy of Pacific Century Realty.

$1,490,000
5 Beds ⋅ 2 Baths ⋅ 202612167 MLS ⋅ FS - Fee Simple Tenure
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 Use The commercial unit carries a CUP, securing its legal commercial operating status within the R-5 residential zone. This rare entitlement protects lender and tenant confidence and is a meaningful differentiator at this price point.

1104 Palama Street, Honolulu

Listing courtesy of Fogarty Realty, Inc..

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.