254 Kaʻiulani Avenue

254 Kaʻiulani Avenue

Honolulu, HI 96815

$5,100,000
Price
17
Beds
6,792 Sq. Ft.
$751 / Sq. Ft.
6,792
Sq. Ft.
$751
per Sq. Ft.
a view of street with parked cars
a car parked in front of a building
a view of a back yard of the house
a view of an empty room with a bathroom
a bathroom with a sink toilet and shower
a bathroom with a granite countertop sink toilet and shower
a view of an empty room and window
a view of an empty room
a kitchen with stainless steel appliances granite countertop a refrigerator and a stove top oven
a kitchen with stainless steel appliances a stove a refrigerator and cabinets
a view of a kitchen with a stove cabinets and a ceiling fan
a view of entryway
a bedroom with furniture and a window
a living room with furniture and a flat screen tv
a living room with stainless steel appliances furniture a fireplace and a flat screen tv
a living room with furniture and a table
a bedroom with a bed and a window
a bedroom with furniture and a window
a kitchen with stainless steel appliances granite countertop white cabinets stove top oven and sink
a bathroom with a shower and a sink
a view of balcony with outdoor seating and stairs
a view of a door and an empty room
a view of a storage & utility room
a city view with tall buildings

Description

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...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.
  1. Listed by Christina L Dwight • License #RB-20978 • Commercial Inv. Strategies • (808) 429-1098

Property Details for 254 Kaʻiulani Avenue

View
City, Other, Sunrise, Sunset
Zoning
X2 - Apartment Precinct
Neighbourhood
WAIKIKI
Flood Zone
Zone AE
Stories/Levels
4-7
Land Tenure
FS - Fee Simple

Location

Listing Courtesy of Commercial Inv. Strategies, Christina L Dwight, License #RB-20978
Add your commute
LISTING UPDATED: 05/23/2024 03:53 PM

Property Details for 254 Kaʻiulani Avenue

StatusActive
MLS #202411849
Days on Market24
Taxes$864 / month
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1960
Lot Size0.10 AC / 4,505 SF
CountyHonolulu County

Location

Listing Courtesy of Commercial Inv. Strategies, Christina L Dwight, License #RB-20978
Add your commute

Building Information for 254 Kaʻiulani Avenue

Stories-Residences15Year Built1960Building Size-Lot Size0.10 AC / 4,505 SF

Payment Calculator

$28,697 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,833

Property Taxes

$864

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 254 Kaʻiulani Avenue

Summary
Location and General Information
  • Topography: Level
  • City: Honolulu
  • County Or Parish: Oahu
  • State Or Province: HI
  • Location: Inside
Taxes and HOA Information
  • Tax Amount: $863.92
  • Tax Assessed Value: $3,010,200.00
  • Tax Assessed Value Improvements: $1,320,700.00
  • Tax Assessed Value Land: $1,689,500.00
  • Tax Paid By Seller: No
  • Tax Year: 2023
  • Parcel Number: 1-2-6-021-014-0000
  • HOA YN: No
Parking
  • Parking Features: Assigned, Covered, Open
  • Parking Total: 4
  • Other Parking Features: None
Property
Lot Information
  • Property Frontage: Other
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family
  • SQFT Building: 6792.0
  • Sqft Total: 6792.0
  • Land Recorded: Land Court
  • Lot Features: Clear
  • Lot Size Area: 4505.0
  • Year Built: 1960
  • Year Remodeled: 2008
  • Building Type: Apartments, Multi Dwellings
Property and Assessments
  • Documents: Lease Documents, P&L, Survey, Title Search
  • Photo Count: 25
  • Property Condition: Excellent
  • Special Listing Conditions: None
  • Disclosures: 1031 Exchange
  • Forecloseure Civil Case Number: NA
  • Foreclosure: No
  • Set Backs: C&C, Of Record
  • Supplement Count: 1
  • TMK Area: 126
  • TMK Condo Property Regime Number: 0
  • TMK Division: 1
  • TMK Parcel: 14
  • TMKPLAT: 21
  • TMK Section: 6
  • TMK Zone: 2
Utilities
  • Utilities: Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
  • Sewer: Connected
  • Utilities Meters: Electric, Individual
Interior and Exterior Features
Exterior Features
  • Amenities: None
  • Construction Materials: Concrete, Hollow Tile
  • Easements: Drainage, Water
  • Elevators Number Of: 0
  • Recreation Facilities: None
  • Roof: Composition, Other
Interior Features
  • Furnished: Partial
  • Laundry Facilities: Coin, Dryer, Leased Equipment, Washer
Multi Family
Multi-Family Information
  • Commercial Spaces Number Of: 0
  • Studio Units Number Of: 0
  • Unit One Number Of Bed: 14
  • Unit Three Number Of Bed: 1
  • Unit Two Number Of Bed: 0
  • Number Of Units Total: 15
Income & Expenses
  • Total Annual Operating Expenses: $66,278.00
  • Total Income: $293,376.00
  • Expenses Include: Excise Tax, Insurance, Mgmt Fee, Other, Property Tax, Repair Maintenance, Sewer Fee
  • Net Operating Income: $227,099.00
  • Other Income: $773.00
Agent
Sale and Listing
  • DOM: 0
  • Listing Service: Full Service
  • Lock Box: No
  • Management Company Name: Estates Royal
  • Management Company Phone: 808679-6842
  • MLS: HI Central
  • MLS Area Major: Metro
  • Status: Active
  • Public Remarks: 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.
  • Possession: At Closing, Subject To Tenancy
Showing and Remarks
  • Showing Instructions: Two Day Notice Reqd, Appointment Only, Listor Must Be Present
Rental
Rent Information
  • Tenants Responsibilities Include: Cable TV, Electricity, Parking
  • Total Actual Rent: $23,675.00

Property History for 254 Kaʻiulani Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 254 Kaʻiulani Avenue

Taxable ValueLand$1,689,500Additions$1,320,700Total$3,010,200
Tax Record2023$10,367 ($864 / month)
Home Facts
Total Finished SqFt6,792 SqFtAbove Grade Finished SqFt6,792 SqFtStories4Lot Size4,505 SqFtStyleMulti-Family Res (5+ Units)Year Built1960Year Renovated2007ZoningAPT. PRECICountyHONOLULUAPN1-2-6-021-014

Schools near 254 Kaʻiulani Avenue

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
President Thomas Jefferson Elementary School
Public - PK to 5
President George Washington Middle School
Public - 6 to 8
Kaimuki High School
Public - 9 to 12
Voyager - A Public Charter School
Charter - K to 8
Rating
School
Distance
President Thomas Jefferson Elementary School
PublicPK to 5

President George Washington Middle School
Public6 to 8

Kaimuki High School
Public9 to 12

Voyager - A Public Charter School
CharterK to 8

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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More information about 254 Kaʻiulani Avenue, Honolulu, HI 96815

254 Kaʻiulani Avenue is a multi-family home for sale in Honolulu, HI 96815. This property was listed for sale on May 23, 2024 by Commercial Inv. Strategies, it's currently listed at $5,100,000. It has been on the market for a total of 24 days and was last sold on February 18, 2022. This listing's school district is Hawaii Department Of Education. Nearby schools include President Thomas Jefferson Elementary School, President George Washington Middle School and Kaimuki High School. 254 Kaʻiulani Avenue is a 17-bed, 0-bath, 6,792 sqft multi-family home built in 1960.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Commercial Inv. Strategies, Christina L Dwight, License #RB-20978