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2459 Kapiolani Blvd, Honolulu, HI 96826
Rare opportunity to own a multi-family property in a prime location on Kapiolani Blvd! This large 9,503 square feet A-3 zoned land is in the McCully/Moiliili neighborhood between University Ave and Kamoku Street. The property has 10 units total: 6 one-bedroom, one-bath units and 4 two-bedroom, one-bath units. 9-pkg stalls, 11 electric meters, 1 water meter, on-site common coin (owned) W/D laundry. The building is not in a flood zone & has C&C trash pick-up service, a potential $15-20K savings. Front bldg: 2 stories. Hollow tile (built 1959). 6 spacious one-bedroom, one-bath units (504 sqft). 1st floor units with courtyard. Back bldg: 2 stories. Hollow tile on 1st floor & wood frame on 2nd floor (built 1953). 4 two-bedroom, one-bath units (563 sqft). Fully occupied - primarily long-term tenants, most on MTM. Current rents are below market allowing buyer room to upgrade units and maximize income. Ideally located between University of Hawaii at Manoa and Waikiki. Convenient to Iolani School / Ala Wai Elementary School, UH, Ala Wai Golf Course, Parks, Diamond Head, McCully and Ala Moana Shopping Center, on/off freeway, bus lines, and more!
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Multi-family details
1953 year built
- Year Built 1953
- Days on market 37
- Price per sqft $568/sqft
-
Address
2459 Kapiolani Blvd, Honolulu, HI, 96826
- Neighborhood Kapiolani
- Land tenure FS - Fee Simple
- Land SqFt 9,503 sqft
- View City, Diamond Head, Mountain
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$15,297
Taxes
$762
HOA dues
$0
Mortgage
Down payment
$600,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$15,297 / month
Neighborhood: Kapiolani
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
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no data
Local airport
—
no data
13.5 / 20
Somewhat walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index
Unit Information
10 total units
# of 1 Bd
0
# of 2 Bd
0
# of 3 Bd
0
Total Units
10
Amenities & Features
9 parking places
Stories
Two
Construction
Masonry/Stucco, Wood Frame
Utilities
Overhead Electricity, Public Water
Property Condition
Average
Parking
Assigned, Open
nr.of parking places
9
Amenities
None
Income
—
Total Actual Rent
Total Annual Operating Expenses
Total Income
Net Operating Income
Kapiolani prices
Average price $1.34m
Neighborhood average sales price*
$1.34m
Neighborhood median sales price*
$900k
Number or sales*
201
Street median sales price*
$760k
Median sale price Moana Pacific*
$762.5k
*last 6 months
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
Elementary School
|
0.19mi | |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
Middle School
|
0.19mi | |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
High School
|
0.19mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.19mi | |
| out of 10 |
Ala Wai Elementary School
503 Kamoku St,
Honolulu, HI 96826
|
0.193mi |
| out of 10 |
Prince Jonah Kuhio Elementary School
2759 South King St,
Honolulu, HI 96826
|
0.363mi |
| out of 10 |
King William Lunalilo Elementary School
810 Pumehana St,
Honolulu, HI 96826
|
0.62mi |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
0.624mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.19mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.388mi | |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
0.624mi | |
| out of 10 |
Education Laboratory Public Charter School
1776 University Ave,
Honolulu, HI 96822
|
0.779mi |
| out of 10 |
President George Washington Middle School
1633 South King St,
Honolulu, HI 96826
|
0.931mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.19mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.388mi | |
| out of 10 |
Kaimuki High School
2705 Kaimuki Ave,
Honolulu, HI 96816
|
0.547mi |
|
Lutheran High School Of Hawaii
1404 University Avenue,
Honolulu, HI 96822
|
0.645mi | |
| out of 10 |
Education Laboratory Public Charter School
1776 University Ave,
Honolulu, HI 96822
|
0.779mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Rented Jan 21, 2022
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jan 21, 2022 | Rented | $1,050 | $0.20 | MLS #202200936 |
| Jan 15, 2022 | New Listing rental | $1,050 +13.51% | $0.20 | MLS #202200936 |
| Jun 10, 2020 | Rented | $925 | $0.18 | MLS #202012532 |
| Jun 5, 2020 | New Listing rental | $925 | $0.18 | MLS #202012532 |
| Apr 15, 2019 | Rented | $925 | $0.18 | MLS #201910068 |
| Apr 4, 2019 | New Listing rental | $925 -2.63% | $0.18 | MLS #201910068 |
| Dec 11, 2018 | Rented | $950 | $0.18 | MLS #201830290 |
| Nov 28, 2018 | New Listing rental | $950 -17.39% | $0.18 | MLS #201830290 |
| Jul 31, 2018 | Rented | $1,150 | $0.22 | MLS #201818744 |
| Jul 20, 2018 | New Listing rental | $1,150 +21.05% | $0.22 | MLS #201818744 |
| May 8, 2018 | Rented | $950 | $0.18 | MLS #201811581 |
| Apr 28, 2018 | New Listing rental | $950 +11.76% | $0.18 | MLS #201811581 |
| Dec 4, 2016 | Rented | $850 | $0.16 | MLS #201628668 |
| Nov 30, 2016 | New Listing rental | $850 | $0.16 | MLS #201628668 |
| Oct 19, 2016 | Rented | $850 | $0.16 | MLS #201625633 |
| Oct 7, 2016 | New Listing rental | $850 | $0.16 | MLS #201625633 |
Tax & MLS details 2459 Kapiolani Blvd, Honolulu, HI, 96826
MLS #202512641
Current Property Taxes p/month
$762
Assessed Improvement value
$230,500
TMK
1-2-7-019-004-0000
Flood Zone
Zone X
Topography
Level
Lot Description
Clear
Total Assessed value
$2,618,000
Listed by
Locations LLC
(808) 735-4200
(808) 735-4200
MLS #
202512641
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
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Frequently asked questions for 2459 Kapiolani Blvd
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?
2459 Kapiolani Blvd, Honolulu, HI, 96826.
Are there beaches near 2459 Kapiolani Blvd?
No, there aren't.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of Locations LLC. 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 June 19, 2025.
Hawaii House Last checked 1 minute ago.
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