Waikiki Multi-Family

254 Kaiulani Avenue, Honolulu, Oahu 96815 Get Directions

$5,100,000

 

Total SqFt
6,792
Lot Size Area
4,505 SqFt
Land Tenure
Fee Simple
MLS #
202411849
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Overview

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. All units are separately metered for electric, one water meter, hollow tile construction, and nice, spacious units, each with its own patio/balcony. Huge 3 bed, 2 bath Penthouse and 14 one-bedrooms, and 260' height limit, should you want to redevelop. 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.

Property Details

Building Type
Apartments, Multi Dwellings
Construction Materials
Concrete, Hollow Tile
Furnished
Partial
Location
Inside
Neighborhood
Waikiki
Net Operating Income
227099.00
Number Of Units Total
15
Parking Features
Assigned, Covered, Open
Parking Total
4
Property Frontage
Other
Property Type
Multi-Family
Building SqFt
6,792
Total SqFt
6,792
Status
Active
Total Actual Rent
$23,675
Total Annual Operating Expenses
$66,278
Total Income
$293,376
View
City, Other, Sunrise, Sunset
Year Built
1960
Year Remodeled
2008

Additional Property Info

Disclosures
1031 Exchange
Days on Market
98
Flood Zone
Zone AE
Laundry Facilities
Coin, Dryer, Leased Equipment, Washer
Property Condition
Excellent
Roof
Composition, Other
Tax Amount
$864
Tax Assessed Value
$3,010,200
Tax Assessed Value Improvements
$1,320,700
Tax Assessed Value Land
$1,689,500
Topography
Level
Utilities
Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Zoning
X2 - Apartment Precinct

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Listing Courtesy of Commercial Inv. Strategies Courtesy of Christina L Dwight, Commercial Inv. Strategies.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2024 by HiCentral MLS, Ltd.

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