54 Maluniu Avenue, Kailua, HI 96734

Kailua
Local realty services provided by:Better Homes and Gardens Real Estate Refined
54 Maluniu Avenue,Kailua, HI 96734
$5,388,000
  • - Beds
  • - Baths
  • 6,507 sq. ft.
  • Multi-family
  • Active
Listed by: michael m okamoto
Office: standard management llc.
MLS#:202510044
Source:HI_HBR

Price summary

  • Price:$5,388,000
  • Price per sq. ft.:$828.03

About this home

PRICE REDUCTION! 5.5% cap rate on current income! This exceptional property offers 10 apartment units and 2 ground floor retail units in prestigious Kailua. The building was majorly renovated inside and outside including replacement of all utilities, new silicone waterproof roof and commercial grade gutter systems, all new stainless steel appliances, flooring, interiors, fencing and painting. All apartment units have dual-pane glass vinyl windows and balcony sliding doors, LED lighting, split AC units in bedrooms and living rooms, and individual full-size stacked LG washer-dryers located on the balconies. The 2 retail spaces benefit from a high visibility location in this upscale retail corridor. In addition to abundant street parking in the immediate area, there are 7 covered parking stalls. Located just moments from Whole Foods Market and Kailua Beach. This is a trophy, renovated asset in an incredibly desirable submarket where investment properties are rarely available for...

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Home facts

  • Year built:1965
  • Subdivision & Development:KALAMA/CNUT GROV
  • Listing ID #:202510044
  • Added:479 day(s) ago
  • Updated:August 14, 2026 at 12:07 PM

Rooms and interior

  • Living area:6,507 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Year built:1965
  • Building area:6,507 sq. ft.
  • Lot area:0.13 Acres
  • Lot Features:Cleared, Level
  • Construction Materials:Masonry, Stucco
  • Levels:Three or More

Schools

  • High school:Kailua
  • Middle school:Kailua
  • Elementary school:Kailua

Utilities

  • Sewer:Connected

Finances and disclosures

  • Price:$5,388,000
  • Price per sq. ft.:$828.03
  • Tax amount:$27,840

Features and amenities

  • Laundry features:Dryer, In Unit, Washer

Parking

  • Total parking spaces:7
  • Parking description:Assigned, Covered
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on August 14, 2026. Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. HI_HBR Member Broker: Eric Yamamoto

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