$3,400,000
 $18,252 est/mo Sourced by Back At You

2459 Kapiolani Boulevard , Honolulu, HI 96826

Honolulu, HI 96826

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Description

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!

Details

MLS#202427991
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1953
Days On Site42
Listing Provided ByLocations LLC | Stephanie L Chan

Features

SQ Feet5,280
Story(s)2
Units10
Zoning13 - A-3 High Density Apartment
Property ViewCity, Mountains

Market Activity 96826

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Learn More About This Property

StateHI
CountyOahu
CityHonolulu
Zip Code96826
AreaOahu
Community NameKAPIOLANI
School DistrictKaimuki
Elementary SchoolAla Wai
Middle SchoolWashington
High SchoolKaimuki
Listing VS Median (in KAPIOLANI)
Price:
$3,400,000
low | high
Med:
$519,000
100% of Average
SqFt:
5,280
low | high
Med:
829
100% of Average
$ / SqFt:
$644
low | high
Med:
$626
52.777265309019% of Average
On Site:
42
low | high
Med:
41.000000
100% of Average
Sourced by Back At You
Listing Updated: January 3, 2025 at 1:54:42 PM PST
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