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254 Kaiulani Ave, Honolulu, HI 96815
9 min walk to Ala Wai Golf Course
6 min walk to Waikiki Beach
13 min walk to Ala Wai Golf Course
12 min walk to The Wall
6 min walk to Waikiki Beach Overview
About lifestyles
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.
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Multi-family details
1960 year built
- Year Built 1960
- Year Remodeled 2008
- Original list price $4,900,000
- Days on market 133
- Building type Apartments,Multi Dwellings
- Price per sqft $721/sqft
-
Address
254 Kaiulani Ave, Honolulu, HI, 96815
- Frontage Other
- Neighborhood Waikiki
- Land tenure FS - Fee Simple
- Land SqFt 4,505 sqft
- View City, Other, Sunrise, Sunset
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$24,984
Taxes
$863
HOA dues
$0
Mortgage
Down payment
$980,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$24,984 / month
Neighborhood: Waikiki
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
17.83 / 20
Very 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
15 total units
# of 1 Bd
14
# of 2 Bd
0
# of 3 Bd
1
Total Units
15
Amenities & Features
4 parking places
Stories
4-7
Furnished
Partial
Roof
Composition, Other
Construction
Concrete, Hollow Tile
Utilities
Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Property Condition
Excellent
Parking
Assigned, Covered, Open
nr.of parking places
4
Amenities
None
Income
Net Operating Income: $227,099
Total Actual Rent
$23,675
Total Annual Operating Expenses
$66,278
Total Income
$293,376
Net Operating Income
$227,099
Waikiki prices
Average price $1.28m
Neighborhood average sales price*
$1.28m
Neighborhood median sales price*
$1.25m
Number or sales*
23
Street median sales price*
$1.38m
Median sale price Coconut Plantation*
$1.38m
*last 6 months
About Waikiki
Waikiki Condos & neighborhood info When it comes to finding a home in a lively, picturesque setting, it's hard to beat the allure of Waikiki condos. Situated along the stunning shores of Oahu, Waikiki is a bustling neighborhood in Honolulu that boasts Read more
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
Elementary School
|
0.421mi | |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
Middle School
|
0.421mi | |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
High School
|
0.421mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.421mi | |
| out of 10 |
President Thomas Jefferson Elementary School
324 Kapahulu Ave,
Honolulu, HI 96815
|
0.422mi |
|
Jefferson School Orthopedic Unit
324 Kapahulu Ave,
Honolulu, HI 96815
|
0.512mi | |
| out of 10 |
Ala Wai Elementary School
503 Kamoku St,
Honolulu, HI 96826
|
0.527mi |
| out of 10 |
Waikiki Elementary School
3710 Leahi Ave,
Honolulu, HI 96815
|
0.543mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.421mi | |
| out of 10 |
Waikiki Elementary School
3710 Leahi Ave,
Honolulu, HI 96815
|
0.543mi |
|
Hawaii School For The Deaf And Blind
3440 Leahi Ave,
Honolulu, HI 96815
|
0.6mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.912mi | |
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
|
1.094mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.421mi | |
|
Hawaii School For The Deaf And Blind
3440 Leahi Ave,
Honolulu, HI 96815
|
0.6mi | |
| out of 10 |
Kaimuki High School
2705 Kaimuki Ave,
Honolulu, HI 96816
|
0.684mi |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.912mi | |
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
|
1.094mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
New Listing Oct 17, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Oct 17, 2024 | New Listing | $4,900,000 | $721.44 | MLS #202423786 |
| Oct 9, 2024 | Cancelled | $4,900,000 | $721.44 | MLS #202411854 |
| Sep 7, 2024 | Price Decrease | $4,900,000 -3.92% | $721.44 | MLS #202411854 |
| May 23, 2024 | New Listing | $5,100,000 -3.77% | $750.88 | MLS #202411854 |
| May 23, 2024 | Cancelled | $5,300,000 | $780.33 | MLS #202319070 |
| Oct 27, 2023 | Price Decrease | $5,300,000 -3.64% | $780.33 | MLS #202319070 |
| Aug 11, 2023 | New Listing | $5,500,000 | $809.78 | MLS #202319070 |
Tax & MLS details 254 Kaiulani Ave, Honolulu, HI, 96815
X2 - Apartment Precinct zoning / MLS #202423781
Current Property Taxes p/month
$863
Property Tax Year
2024
Assessed Improvement value
$1,320,700
Assessed Land value
$1,689,500
TMK
1-2-6-021-014-0000
Land Recorded
Land Court
Zoning
X2 - Apartment Precinct
Flood Zone
Zone AE
Topography
Level
Location
Inside
Lot Description
Clear
Property Setbacks
C&C, Of Record
Total Assessed value
$3,010,200
Listed by
Commercial Inv. Strategies
(808) 429-1098
(808) 429-1098
MLS #
202423781
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Frequently asked questions for 254 Kaiulani Ave
When was this multi-family home built and last sold?
This house was build in 1960.
What is the full address of this multi-family home?
254 Kaiulani Ave, Honolulu, HI, 96815.
Are there beaches near 254 Kaiulani Ave?
The nearest beach is 0.283 miles away, called Waikiki Beach. It should take about 6 min walk.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of Commercial Inv. Strategies. 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 November 07, 2024.
Hawaii House Last checked 1 minute ago.
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