Prime opportunity just minutes from Waikiki and the University of Hawai?i. Situated on a 10,200 sq. ft. lot zoned BMX-3, this property offers multiple potential uses, including the possibility of utilizing Bill 7, subject to buyer verification and approvals. The property consists of four separate 2-bedroom, 1-bath cottages, plus a larger structure featuring three contiguous 1-bedroom, 1-bath units. Conveniently located near public transportation, shopping, dining, and urban Honolulu amenities. The property is currently under a residential dedication, which renews automatically unless ownership is transferred. Buyers are advised to perform their own due diligence regarding zoning, permitted uses, tax classifications, and dedication requirements. Excellent investment or redevelopment opportunity in a highly desirable location.