254 Kaʻiulani Avenue
Honolulu, HI 96815
$4,900,000
Price
17
Beds
6,792 Sq. Ft.
$721 / Sq. Ft.
6,792
Sq. Ft.
$721
per Sq. Ft.
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. 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....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.
- 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
ZoningX2 - Apartment Precinct
NeighbourhoodWAIKIKI
Flood ZoneZone AE
Stories/Levels4-7
Land TenureFS - Fee Simple
LISTING UPDATED: 11/07/2024 03:13 PM
Property Details for 254 Kaʻiulani Avenue
| Status | Active |
|---|---|
| MLS # | 202423781 |
| Days on Market | 37 |
| Taxes | $863 / month |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Multi-Family |
| Year Built | 1960 |
| Lot Size | 0.10 AC / 4,505 SF |
| County | Honolulu County |
Building Information for 254 Kaʻiulani Avenue
Stories-Residences15Year Built1960Building Size-Lot Size0.10 AC / 4,505 SF
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: $863.00
- Tax Assessed Value: $3,010,200.00
- Tax Assessed Value Improvements: $1,320,700.00
- Tax Assessed Value Land: $1,689,500.00
- Tax Year: 2024
- 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
- Foreclosure: No
- Set Backs: C&C, Of Record
- Supplement Count: 0
- 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: 21
- Listing Service: Full Service
- Management Company Name: Estates Royal
- Management Company Phone: 808-679-6842
- 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. 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.
- 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
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
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 PRECINCTCountyHONOLULUAPN1-2-6-021-014
Schools near 254 Kaʻiulani Avenue
This home is within Hawaii Department Of Education.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 12 |
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 | ||
Hawaii School For The Deaf And Blind PublicPK 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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near Waikiki
Neighborhoods
Cities
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.
Listing Courtesy of Commercial Inv. Strategies, Christina L Dwight, License #RB-20978