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254 Kaiulani Ave, Honolulu, HI, 96815
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254 Kaiulani Ave, Honolulu, HI 96815

$4,900,000 Multi-Family Home for sale 6,792 sqft Neighborhood:  Waikiki
9 min walk to Ala Wai Golf Course
6 min walk to Waikiki Beach
13 min walk to Ala Wai Golf Course
12 min walk to The Wall
6 min walk to Waikiki Beach Overview
About lifestyles
Charming building with timeless, stunning tile facade in the heart of Waikiki--a sparkling jewel to add to your portfolio with excellent income and covered parking. Huge 3 bed, 2 bathPenthouse and 14 one-bedrooms, and all units separately metered for electric, one water meter, hollow tile construction, and nice, spacious units, each with its own patio/balcony. Refurbished railings and all interiors have been redone with high end, durable tile and upgraded bathrooms and kitchens. Camera security. Monthly rent from parking and coin laundry with machines leased from WASH = extra income. Buyer to accept existing survey performed by Towill, Shigeoka & Associates Inc. on December 18, 2021. 260' height limit, should you want to redevelop.
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Multi-family details

1960 year built
  • Year Built 1960
  • Year Remodeled 2008
  • Original list price $4,900,000
  • Days on market 37
  • Building type Apartments,Multi Dwellings
  • Price per sqft $721/sqft
  • Address

    254 Kaiulani Ave, Honolulu, HI, 96815

  • Frontage Other
  • Neighborhood Waikiki
  • Land tenure FS - Fee Simple
  • Land SqFt 4,505 sqft
  • View City, Other, Sunrise, Sunset

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$24,984
Taxes
$863
HOA dues
$0
$25,847 per month
Mortgage
Down payment
$980,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $24,984 / month

Neighborhood: Waikiki

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
17.83 / 20
Very walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

15 total units
# of 1 Bd
14
# of 2 Bd
0
# of 3 Bd
1
Total Units
15

Amenities & Features

4 parking places
Stories
4-7
Furnished
Partial
Roof
Composition, Other
Construction
Concrete, Hollow Tile
Utilities
Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Property Condition
Excellent
Parking
Assigned, Covered, Open
nr.of parking places
4
Amenities
None

Income

Net Operating Income: $227,099
Total Actual Rent
$23,675
Total Annual Operating Expenses
$66,278
Total Income
$293,376
Net Operating Income
$227,099

Waikiki prices

Average price $1.26m
Neighborhood average sales price*
$1.26m
Neighborhood median sales price*
$1.21m
Number or sales*
17
Street median sales price*
$1.16m
*last 6 months

About Waikiki

Waikiki Condos & neighborhood info When it comes to finding a home in a lively, picturesque setting, it's hard to beat the allure of Waikiki condos. Situated along the stunning shores of Oahu, Waikiki is a bustling neighborhood in Honolulu that boasts Read more

Schools

15 schools with rating up to 8
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
Elementary School
0.421mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
Middle School
0.421mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
High School
0.421mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.421mi
8
out of 10
President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
0.422mi
NR
Jefferson School Orthopedic Unit
324 Kapahulu Ave, Honolulu, HI 96815
0.512mi
3
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
0.527mi
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
0.543mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.421mi
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
0.543mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.6mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.912mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
1.094mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.421mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.6mi
3
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.684mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.912mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
1.094mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

New Listing Oct 17, 2024
Date Event Price $/sqft Source
Oct 17, 2024 New Listing $4,900,000 $721.44 MLS #202423786
Oct 9, 2024 Cancelled $4,900,000 $721.44 MLS #202411854
Sep 7, 2024 Price Decrease $4,900,000 -3.92% $721.44 MLS #202411854
May 23, 2024 New Listing $5,100,000 -3.77% $750.88 MLS #202411854
May 23, 2024 Cancelled $5,300,000 $780.33 MLS #202319070
Oct 27, 2023 Price Decrease $5,300,000 -3.64% $780.33 MLS #202319070
Aug 11, 2023 New Listing $5,500,000 $809.78 MLS #202319070
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Tax & MLS details 254 Kaiulani Ave, Honolulu, HI, 96815

X2 - Apartment Precinct zoning / MLS #202423781
Current Property Taxes p/month
$863
Property Tax Year
2024
Assessed Improvement value
$1,320,700
Assessed Land value
$1,689,500
TMK
1-2-6-021-014-0000
Land Recorded
Land Court
Zoning
X2 - Apartment Precinct
Flood Zone
Zone AE
Topography
Level
Location
Inside
Lot Description
Clear
Property Setbacks
C&C, Of Record
Total Assessed value
$3,010,200
Listed by
Commercial Inv. Strategies
(808) 429-1098
MLS #
202423781
Hawaii House tour report for this multi-family home
No reviews yet
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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We do not have a Hawaii House tour report for this listing yet.
As soon as we do, we post it here.

Similar homes nearby 254 Kaiulani Ave in Waikiki

Recently sold nearby 254 Kaiulani Ave in Waikiki

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Frequently asked questions for 254 Kaiulani Ave

When was this multi-family home built and last sold?

This house was build in 1960.

What is the full address of this multi-family home?

254 Kaiulani Ave, Honolulu, HI, 96815.

Are there beaches near 254 Kaiulani Ave?

The nearest beach is 0.283 miles away, called Waikiki Beach. It should take about 6 min walk.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Commercial Inv. Strategies. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on November 07, 2024.
Hawaii House Last checked less than a minute ago.

Multi-Family Home for sale $4,900,000 254 Kaiulani Ave, Honolulu, HI, 96815 6,792 sqft Save House Remove from Saved