Location, Location, Location. Two Houses: Live in one, rent out the other! Excellent investment opportunity with easy access to Ala Moana, Punahou, Punchbowl, Downtown, and the freeway in all directions. Apartment-zoned, not a tear-down, but ripe for re-development. Bill 7 possibility with stable, existing income from 2 tenants of just under $4,500/mo. Collect the rent while going for permits--land cost breaks down to approximately $235/sf with unbeatable location, 60' height limit. Drive by today to understand the full possibility of the lot.