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254 Kaiulani Ave 254 Kaiulani Ave, Honolulu, HI, 96815

Neighborhood: Waikiki

$5,300,000 $200,000 Commercial for sale Commercial/Industrial

The Darlani is a charming building with a timeless, stunning tile facade in the heart of Waikiki with excellent income and covered parking. All units are separately metered for electric, one water meter, hollow tile construction, and nice, spacious units, each with its own patio/balcony. Huge penthouse with three beds and 14 one-bedrooms with 4 rentable parking spaces means this property has huge rental potential. Railings just redone, and building sparkles with pride of ownership. Coin laundry with owned machines for extra income.
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Property details

1960 year built
Price per sqft
$780/sqft
Days on Verhouse
269
Address
254 Kaiulani Ave, Honolulu, HI, 96815
City of Hawaii
Honolulu
Island
Oahu
Year Built
1960
Frontage
Other
Land tenure
FS - Fee Simple
Parking Spaces
4
Net Operating Income
240913.00
Neighborhood
Waikiki
District
Honolulu

Nearby major retailers

Costco
Foodland
Lowe's
Mercedes-Benz
Safeway
Porsche
T-Mobile
Whole Foods Market
Ferrari
Wholesale: 1
Supermarket: 7
Do it yourself: 1
Car: 4
Mobile phone: 1
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Interior Features

4 parking places, Concrete floors
Roof
Composition, Other
Property Condition
Above Average
Floor Covering
Concrete
Easements
Drainage, Water
Documents Available
Lease Documents, P&L, Title Search
Garage & Parking
Assigned, On Site
Utilities Included
Gas, Light Electricity, Other, Small Water Meter
Amenities
None

Listed by

Christina L Dwight, Commercial Inv. Strategies
(808) 429-1098
Name
Christina L Dwight
License number
RB-20978
Brokerage company
Commercial Inv. Strategies
(808) 429-1098
MLS #
202319070

Payment calculator

Calculate your monthly payments
Mortgage
$16,273
Taxes
$632
HOA dues
$0
$16,905 per month
Mortgage
$1,060,000 / 20%
2.28%
30 years
Your amount $16,273 / month

Exterior Features

Other, Reinforced Concrete construction and more
Construction
Other, Reinforced Concrete

Lot details

TMK #1260210140000
Parcel nr.
1260210140000

Waikiki neighborhood info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data

People living in Waikiki

30%
Families with children
National average: 39%
30%
Non family households
364,089
Population
$128,046
Average Income

Age & gender

Median age 45 years
More info

Commute types

65% commute by car
More info

Education level

27% have bachelor education
More info

Number of employees

2% work in education and healthcare
More info

Vehicles available

48% have 1 vehicle
More info

Vehicles by gender

48% have 1 vehicle
More info

Housing market insights for 254 Kaiulani Ave

$813.12k
Neighborhood average
sales price*
$561.67k
Neighborhood median
sales price*
1205
Number
of sales*

Housing type

60% are apartments
More info

Rooms

38% of the houses have 2 or 3 rooms
More info

Bedrooms

45% have 2 or 3 bedrooms
More info

Owners vs Renters

51% are renters
More info
17.83 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Schools

15 schools with rating up to 7
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
Elementary School
0.42mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
Middle School
0.42mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
High School
0.42mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.42mi
7
out of 10
President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
0.424mi
NR
Jefferson School Orthopedic Unit
324 Kapahulu Ave, Honolulu, HI 96815
0.515mi
2
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
0.525mi
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
0.545mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.42mi
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
0.545mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.603mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.911mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
1.095mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.42mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.603mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.684mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.911mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
1.095mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Price Decrease Oct 27, 2023

Waikiki Median sales price 2024

Bedrooms Med. price % of listings
Not specified $350k 27.06%
1 bed $445k 45%
2 beds $649k 26.18%
3 beds $775k 1.76%
Date Event Price $/sqft Source
Oct 27, 2023 Price Decrease $5,300,000 -3.64% 780.33 MLS #202319070
Aug 10, 2023 New Listing $5,500,000 +3.77% 809.78 MLS #202319070
Aug 10, 2023 New Listing $5,500,000 -5.17% 809.78 MLS #202319069
Oct 27, 2023 Price Decrease $5,300,000 -3.64% 780.33 MLS #202319069
Aug 11, 2023 Cancelled $5,800,000 0 MLS #202313470
Jul 10, 2023 $5,800,000 0 MLS #202313470
Jun 9, 2023 New Listing $5,800,000 +65.71% 0 MLS #202313470
Dec 3, 2008 Withdrawn $3,500,000 552.4 MLS #2809841
Nov 25, 2008 Price Increase $3,500,000 +12.9% 552.4 MLS #2809841
Jun 30, 2008 Price Decrease $3,100,000 -20.27% 489.27 MLS #2809841
Jun 12, 2008 New Listing $3,888,000 +3.68% 613.64 MLS #2809841
May 16, 2007 Withdrawn $3,750,000 591.86 MLS #2706351
Mar 30, 2007 New Listing $3,750,000 +70.45% 591.86 MLS #2706351
Jul 13, 2005 Sold $2,200,000 347.22 Public Record
Jul 13, 2005 Price Decrease $2,200,000 -8.33% 347.22 MLS #2503904
Jul 2, 2005 Pending $2,400,000 378.79 MLS #2503904
May 17, 2005 Under contract $2,400,000 378.79 MLS #2503904
Mar 16, 2005 New Listing $2,400,000 378.79 MLS #2503904

Taxes of 254 Kaiulani Ave, Honolulu, HI, 96815

X2 - Apartment Precinct zoning / MLS #202319070
Current Property Taxes p/month
$631
Assessed Improvement value
$1,295,600
Assessed Land value
$1,666,400
Land Recorded
Land Court
Zoning
X2 - Apartment Precinct
Flood Zone
Zone AE
Total Assessed value
$2,962,000

Tax History

Year Taxes Source
2023 $7,583 MLS #202319069
2022 $7,584 MLS #202313470
2008 $61,896 MLS #2809841
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About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.

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Frequently Asked Questions about 254 Kaiulani Ave

What is 254 Kaiulani Ave?

254 Kaiulani Ave is a Exclusive Rights Commercial/Industrial property.

What is the rental income?

The net income is $240,913
*check with agent

What is the full address of this Commercial?

254 Kaiulani Ave, Honolulu, HI, 96815.

What comparable properties are nearby?

Comparable nearby commercial properties include 287 Wai Nani Way, 448 Kaiolu St, Address undisclosed, Address undisclosed, 3112 Mokihana St, 1694 Kalakaua Ave.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Commercial Inv. Strategies.
Our company may forward your question(s), email address, phone number, name, and any other information you may provide to a licensed real estate agent in the state where the property you are inquiring about is located. We forward your information to assist you in getting you the answers you are requesting. However, you are not obligated to work with this agent. The agent we forward your information to may or may not be the listing agent for the property. Please discuss with the agent regarding your options for representation. Information deemed reliable but not guaranteed.

Listing last updated: Apr 19, 2024
Verhouse Last checked less than a minute ago


The closest grocery stores are Food Pantry, 0.1 miles away and Dukes Lane Market & Eatery, 0.25 miles away.
The Waikiki neighborhood has a population of 364,089, and 30% of the families have children. The median age is 45.02 years and 65% commute by car. The most popular housing type is "apartment" and 51% is renter.
Commercial For sale $5.3m  $200,000 254 Kaiulani Ave, Honolulu, HI, 96815 Save House Remove from Saved