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448 Kaiolu Street, Honolulu, HI 96815
17 min walk to Ala Wai Neighborhood Park
11 min walk to Waikiki Beach
23 min walk to Ala Wai Golf Course
19 min walk to The Wall
10 min walk to Three's
About lifestyles
Prize property completely renovated with stellar income in Waikiki. Look no further for a turn-key investment in the heart of Waikiki with excellent walkability scores--shops and restaurants, transportation, and world-famous Waikiki Beach, blocks from this gem. Eleven one-bedroom units meticulously refurbished for maximum rentability and 100% occupied. All units separately metered for electricity and tenants pay their own. Owned coin laundry. Add'l income from parking fee included in rent. Buyer to accept existing survey to be provided in due diligence package with accepted offer.
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Multi-family details
1953 year built
- Year Built 1953
- Year Remodeled 2024
- Original list price $4,250,000
- Days on market 358
- Building type Apartments,Multi Dwellings
- Price per sqft $758/sqft
-
Address
448 Kaiolu Street, Honolulu, HI, 96815
- Frontage Other
- Neighborhood Waikiki
- Land tenure FS - Fee Simple
- Land SqFt 6,241 sqft
- View None
Open Houses
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Monthly payment
Calculate your monthly payments
Mortgage
$20,334
Taxes
$445
HOA dues
$0
Mortgage
Down payment
$797,600 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$20,334 / 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
15.67 / 20
Very walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index
Unit Information
11 total units
# of 1 Bd
11
# of 2 Bd
0
# of 3 Bd
0
Total Units
11
Amenities & Features
4 parking places
Stories
Two
Furnished
Partial
Roof
Custom/Specialty
Construction
Concrete
Utilities
Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Property Condition
Excellent
Parking
Assigned
nr.of parking places
4
Amenities
Secured Lobby
Income
Net Operating Income: $227,904
Total Actual Rent
$22,640
Total Annual Operating Expenses
$47,376
Total Income
$275,280
Net Operating Income
$227,904
Waikiki prices
Average price $1.65m
Neighborhood average sales price*
$1.65m
Neighborhood median sales price*
$1.65m
Number or sales*
2
*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 | |
|---|---|---|
| out of 10 |
Ala Wai Elementary School
503 Kamoku St,
Honolulu, HI 96826
Elementary School
|
0.159mi |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
Middle School
|
0.305mi | |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
High School
|
0.305mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Ala Wai Elementary School
503 Kamoku St,
Honolulu, HI 96826
|
0.159mi |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.305mi | |
| out of 10 |
Prince Jonah Kuhio Elementary School
2759 South King St,
Honolulu, HI 96826
|
0.687mi |
| out of 10 |
King William Lunalilo Elementary School
810 Pumehana St,
Honolulu, HI 96826
|
0.703mi |
| out of 10 |
President Thomas Jefferson Elementary School
324 Kapahulu Ave,
Honolulu, HI 96815
|
0.882mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.305mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.737mi | |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
0.953mi | |
| out of 10 |
Waikiki Elementary School
3710 Leahi Ave,
Honolulu, HI 96815
|
1.005mi |
| out of 10 |
President George Washington Middle School
1633 South King St,
Honolulu, HI 96826
|
1.026mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.305mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.737mi | |
| out of 10 |
Kaimuki High School
2705 Kaimuki Ave,
Honolulu, HI 96816
|
0.793mi |
|
Lutheran High School Of Hawaii
1404 University Avenue,
Honolulu, HI 96822
|
0.983mi | |
|
Hawaii School For The Deaf And Blind
3440 Leahi Ave,
Honolulu, HI 96815
|
1.068mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
New Listing Mar 25, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 25, 2024 | New Listing | $4,250,000 +32.81% | $808.29 | MLS #202406968 |
| Jul 11, 2023 | Cancelled | $3,200,000 | $608.60 | MLS #202309870 |
| Jul 11, 2023 | Back On Market | $3,200,000 | $608.60 | MLS #202309870 |
| Jun 5, 2023 | In Escrow - not showing | $3,200,000 | $608.60 | MLS #202309870 |
| May 12, 2023 | Active Under Contract | $3,200,000 | $608.60 | MLS #202309870 |
| Apr 28, 2023 | New Listing | $3,200,000 | $608.60 | MLS #202309870 |
Tax & MLS details 448 Kaiolu Street, Honolulu, HI, 96815
X2 - Apartment Precinct zoning / MLS #202406965
Current Property Taxes p/month
$445
Property Tax Year
2023
Assessed Improvement value
$300,900
Assessed Land value
$2,134,400
TMK
1-2-6-017-065-0000
Land Recorded
Land Court
Zoning
X2 - Apartment Precinct
Flood Zone
Zone AO
Topography
Level
Location
Inside
Lot Description
Clear
Property Setbacks
None
Total Assessed value
$2,435,300
Listed by
Commercial Inv. Strategies
(808) 429-1098
(808) 429-1098
MLS #
202406965
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Frequently asked questions for 448 Kaiolu Street
When was this multi-family home built and last sold?
This house was build in 1953.
What is the full address of this multi-family home?
448 Kaiolu Street, Honolulu, HI, 96815.
Are there beaches near 448 Kaiolu Street?
The nearest beach is 0.446 miles away, called Waikiki Beach. It should take about 11 min walk.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 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 January 23, 2025.
Hawaii House Last checked less than a minute ago.
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