2459 Kapiolani Boulevard, Honolulu, HI 96826
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2459 Kapiolani Boulevard,Honolulu, HI 96826
$2,999,999
- - Beds
- - Baths
- 5,280 sq. ft.
- Multi-family
- Pending
Listed by:stephanie l chan(808) 735-4200
Office:locations llc.
MLS#:202512641
Source:HI_HBR
Price summary
- Price:$2,999,999
- Price per sq. ft.:$568.18
About this home
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!
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Home facts
- Year built:1953
- Listing Id #:202512641
- Added:87 day(s) ago
- Updated:August 19, 2025 at 07:27 AM
Rooms and interior
- Living area:5,280 sq. ft.
Structure and exterior
- Year built:1953
- Building area:5,280 sq. ft.
- Lot area:0.22 Acres
Schools
- High school:Kaimuki
- Middle school:Washington
- Elementary school:Ala Wai
Utilities
- Water:Public
- Sewer:Connected
Finances and disclosures
- Price:$2,999,999
- Price per sq. ft.:$568.18
- Tax amount:$9,140
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