Waikiki Industrial

254 Kaiulani Avenue, Honolulu, Oahu 96815 Get Directions

$4,900,000

 

Total SqFt
6,792
Lot Size Area
4,505 SqFt
Land Tenure
Fee Simple
MLS #
202423786
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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. 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.

Property Details

Amenities
Other, Security
Business Type
Condo/Apt
Construction Materials
Concrete Block
Floor Number
4
Flooring
Concrete, Other
Neighborhood
Waikiki
Net Operating Income
227099.00
Number Of Units Total
15
Parking Features
Assigned, On Site
Parking Total
4
Property Frontage
Side Street
Property Type
Commercial Sale
Interior SqFt
6,792
Total SqFt
6,792
Status
Active
Total Actual Rent
$23,675
Total Annual Operating Expenses
$66,278
Total Income
$293,376
Year Built
1960

Additional Property Info

Days on Market
21
Flood Zone
Zone AE
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
Utilities
Light Electricity, Other, Small Water Meter
Zoning
X2 - Apartment Precinct

Location (Also shows similar listings) Get Directions

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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 2025 by HiCentral MLS, Ltd.

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