1303 Kalanianaole Ave #12, Hilo, HI 96720

Hilo
Local realty services provided by:Better Homes and Gardens Real Estate Island Lifestyle
1303 Kalanianaole Ave #12,Hilo, HI 96720
$1,999,888
  • 12 Beds
  • 12 Baths
  • 3,876 sq. ft.
  • Single family
  • Active
Listed by: steven ellison
Office: compass
MLS#:734068
Source:HI_HIS

Price summary

  • Price:$1,999,888
  • Price per sq. ft.:$515.97

About this home

Amazing opportunity to own a one of a kind Hotel V-zoned -12 studio unit vacation rental along the beach corridor in Hilo , Hawai'i located just up the street from Chalk's Beach. Build your own Multi use options: - Live on property and self manage up to 10 vacation rental studios - Or live offsite and self manage for rental revenue. - Purchase as investment with hands off rental with current turnkey management - Own your own condo complex- Purchase and sell off individual units - All have a separate CPR /TMK numbers - Rent both long and/or short term The possibilities are tremendous!!! Currently there are 10 STVR permits, One unit used as office and laundry and one as a expandable lock out unit. 7 units are currently in vacation rental program and 4 being used a long term rentals. Do not miss this one-of-a-kind opportunity to build your legacy in Hawaii. . One Seller holds an active real estate license in the State of California.

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Home facts

  • Year built:1966
  • Subdivision & Development:KEOKEA HOUSELOTS
  • Listing ID #:734068
  • Added:8 day(s) ago
  • Updated:October 21, 2026 at 12:05 PM

Rooms and interior

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

Heating and cooling

  • Cooling:Zoned
  • Heating:Zoned

Structure and exterior

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

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,999,888
  • Price per sq. ft.:$515.97
  • Tax amount:$1,481 (2026)

Features and amenities

  • Appliances:Range, Refrigerator

Parking

  • Parking description:Unassigned
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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