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Features and summary:
- Sale includes 12 CPR units
- 6 studio units upstairs/6 studio units downstairs
- 10 STVR permits (maximum) in place
- 6 units being utilized as...Tremendous opportunity to invest in a rarely available multi-unit vacation rental property just a block from the shoreline and beach. This 12 condo unit (CPR) property offers multiple opportunities. Currently there are 10 STVR permits in place with 6 units being utilized as short term rentals and the reminder 4 have long-term tenants.
Features and summary:
- Sale includes 12 CPR units
- 6 studio units upstairs/6 studio units downstairs
- 10 STVR permits (maximum) in place
- 6 units being utilized as STVRs/4 used as longterm rentals
- Split AC in the 6 STVR studio rentals.
- The 4 long-term units have not been renovated
- 1 unit being utilized as office and laundry
- 1 unit utilized as expansion to create double space rental for parties of 4
- Property serviced by sewer
- Recent survey and report available
- 6 active STVR units sold turnkey furnished
- Propane tank on site.
*One of the partners hold a real estate license in the State of California.
*Artwork and Photographs on walls are excluded from sale and available to purchase on a separate bill of sale.
Listing Agents
steven.ellison@compass.comP: (808)-936-3000
kathy.jensen@compass.comP: (808)-990-2600
Property Details for 1303 Kalanianaole Street, Unit 112
Property Details for 1303 Kalanianaole Street, Unit 112
| Status | Active |
|---|---|
| MLS # | 724411 |
| Days on Market | 59 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Condo |
| MLS Type | Condo / Condominium |
| Year Built | 1966 |
| County | Hawaii County |
Location
Virtual Tour
Building Information for 1303 Kalanianaole Street, Unit 112
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30 year fixed, 6.28% Interest
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Property Information for 1303 Kalanianaole Street, Unit 112
- Flood Zone: AE
- Lava Zone: 3
- Directions: From Hilo airport, turn right on Hwy 11/Hawaii Belt Road, right on Kalanianaole Street. Property is on the left.
- Topography: Fairly Level
- Unit Description: Multi-Story, Walk-Up
- Latitude: 19.73376873
- Longitude: -155.04163788
- Year Built: 1966
- Roads: County, Paved
- Association Fee Frequency: Monthly
- Tax Year: 2025
- Association Fee: $0
- Tax Annual Amount: $0
- Tax Assessed Value: 69300.0
- Parcel Number: 3-2-1-14-72
- Tax key: 321014072
- Carport Area Units: Square Feet
- Garage Area Units: Square Feet
- Parking Features: Unassigned
- Lot Size Units: Square Feet
- Property Attached: Yes
- Other Building Area: 708.0
- Living Area Units: Square Feet
- Project: Plumeria Apartments
- Other Building Area Units: Square Feet
- Roofed Area Units: Square Feet
- Lot Features: Corner Lot
- Land Tenure: Fee Simple
- Living Area: 3876.0
- Lot Size Area: 8492.0
- Special Assessment Amount Frequency: Monthly
- Assessment Year: 2025
- Covenants Conditions Restrictions: Yes
- Property Sub Type: Condominium
- Property Type: Residential
- Special Assessment Amount: 0.0
- Special Assessment: No
- Agriculture Dedicated: No
- Public Report Number: 337
- Internet Access: Cable
- Solid Waste Disposal: Private Contractor
- Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected
- Exterior Area Units: Square Feet
- Pool: No
- Structures: Yes
- Washer Dryer Type: Stacked Washer/Dryer
- Levels: Two
- Elevation Units: Feet
- Bathrooms Total: 12
- Appliances: Microwave, Refrigerator, Washer/Dryer Stacked
- Bathrooms Full: 12
- Bathrooms Half: 0
- Bathrooms One Quarter: 0
- Bathrooms Three Quarter: 0
- Bathrooms Total Integer: 12
- Bedrooms Total: 12
- Number Of Units Total: 1
- Common Area Expenses: Yes
- Pets Allowed: No
- Leasable Area Units: Square Feet
Property History for 1303 Kalanianaole Street, Unit 112
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Oct 6, 2025 | Listed (Active) HIS #724411 | $2,599,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 10/06/2025 | Listed (Active) HIS #724411 | $2,599,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1303 Kalanianaole Street, Unit 112
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | PK to 12 |
Rating | School | Distance |
|---|---|---|
Keaukaha Elementary School PublicPK to 6 | ||
Hilo Intermediate School Public7 to 8 | ||
Hilo High School Public9 to 12 | ||
Ka Umeke Kaeo - Public Charter School CharterPK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Based on information from one of the following Multiple Listing Services: Hawaii HIS, MAUI MLS and Hi Central. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Hawaii HIS, MAUI MLS and Hi Central is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.




























