1303 Kalanianaole St #1-12, Hilo, HI 96720

Hilo
Local realty services provided by:Better Homes and Gardens Real Estate Island Lifestyle
1303 Kalanianaole St #1-12,Hilo, HI 96720
$2,288,000
  • 12 Beds
  • 12 Baths
  • 3,876 sq. ft.
  • Single family
  • Active
Listed by: steven ellison, kathy jensen8089363000
Office: compass
MLS#:724411
Source:HI_HIS

Price summary

  • Price:$2,288,000
  • Price per sq. ft.:$590.3

About this home

Tremendous opportunity to own an entire vacation rental condo complex just a block from the shoreline and beach. This 12 condo unit (CPR) property offers multiple opportunities. Currently there are 10 STVR permits in place with 7 units being utilized as short term rentals and 3 with long-term tenants. Additional condo used as office. BUYERS MUST BE PREQUALIFIED PRIOR TO SETTING UP SHOWINGS Features and summary: - Sale includes 12 CPR units - 6 studio units upstairs/6 studio units downstairs - 10 STVR permits (maximum) in place - 7 units have been renovated and utilized as vacation rentals. - Split AC in the 7 STVR studio rentals. - The 3 long-term units have not been renovated - 1 unit being utilized as office and laundry - 1 unit utilized as expansion to create double space rental for parties of 4 - Property serviced by sewer - Recent survey and report available - 7 active STVR units sold turnkey furnished - Propane tank on site. *One of the partners hold a real estate license in

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Home facts

  • Year built:1966
  • Listing ID #:724411
  • Added:154 day(s) ago
  • Updated:March 10, 2026 at 11:32 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:12
  • Full bathrooms:12
  • Kitchen Description:Microwave, Refrigerator
  • Living area:3,876 sq. ft.

Structure and exterior

  • Year built:1966
  • Building area:3,876 sq. ft.
  • Lot area:0.19 Acres
  • Lot Features:Corner Lot

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$2,288,000
  • Price per sq. ft.:$590.3

Features and amenities

  • Appliances:Microwave, Refrigerator, Washer/Dryer Stacked
  • Laundry features:Washer/Dryer Stacked
Listing information © 2021 MLS Hawaii, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants or the MLS from liability.

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