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448 Kaiolu Street, Honolulu, HI, 96815
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448 Kaiolu Street, Honolulu, HI 96815

$4,250,000 Multi-Family Home for sale 5,258 sqft Neighborhood:  Waikiki
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 273
  • Building type Apartments,Multi Dwellings
  • Price per sqft $808/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

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$21,670
Taxes
$445
HOA dues
$0
$22,115 per month
Mortgage
Down payment
$850,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $21,670 / 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
15-18
10-15
1-10
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

No information about average prices in this area
-

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
3
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
Elementary School
0.159mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
Middle School
0.305mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
High School
0.305mi
School rating Distance
3
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
0.159mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.305mi
4
out of 10
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
0.687mi
4
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
0.703mi
8
out of 10
President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
0.882mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.305mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.737mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.953mi
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
1.005mi
8
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
1.026mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.305mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.737mi
3
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.793mi
NR
Lutheran High School Of Hawaii
1404 University Avenue, Honolulu, HI 96822
0.983mi
NR
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
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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
MLS #
202406965
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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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 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 1 minute ago.

Multi-Family Home for sale $4,250,000 448 Kaiolu Street, Honolulu, HI, 96815 5,258 sqft Save House Remove from Saved