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209 Kaiulani Ave, Honolulu, HI, 96815
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209 Kaiulani Ave, Honolulu, HI 96815

$5,100,000 Multi-Family Home sold 7,511 sqft Neighborhood:  Waikiki Sold 12/11/2019 $5,100,000
< 1 min walk to Princess Kaiulani Triangle
5 min walk to Queens
About lifestyles
IN ESCROW BEFORE LISTED. Irreplaceable TROPHY LOCATION at the corner of Kaiulani and Kuhio Avenues in the heart of Hawaii’s #1 tourist destination, Waikiki. Below-market rents provide tremendous upside potential for a buyer! 7 on-site parking stalls (2 may not be to code) with ample additional street parking in the area. Extremely supply-constrained submarket with virtually no land available for development. Located in a strong rental market within Honolulu which has experienced 27% growth in rents over the past 5 years Sturdy brick construction. Possible conversion to condominium or student housing. Potential repositioning opportunity as a hospitality use through rezoning or conditional use permit. Some information is subject to confirmation from Seller.
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Multi-family details

1946 year built
  • Year Built 1946
  • Original list price $5,100,000
  • Days on market 122
  • Building type Apartments
  • Price per sqft $679/sqft
  • Address

    209 Kaiulani Ave, Honolulu, HI, 96815

  • Neighborhood Waikiki
  • Land tenure FS - Fee Simple
  • Land SqFt 5,292 sqft
  • View None

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$26,004
Taxes
$705
HOA dues
$0
$26,709 per month
Mortgage
Down payment
$1,020,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $26,004 / month

Neighborhood: Waikiki

Nearby & commute
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
15 / 20
Very walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

17 total units
# of 1 Bd
2
# of 2 Bd
0
# of 3 Bd
0
Total Units
17

Amenities & Features

7 parking places
Stories
Three
Furnished
Partial
Roof
Asphalt Shingle
Construction
Brick
Utilities
Internet, Other, Water
Property Condition
Fair
Parking
Covered
nr.of parking places
7
Amenities
None

Income

Net Operating Income: $133,025
Total Actual Rent
$13,100
Total Annual Operating Expenses
$24,175
Total Income
$157,200
Net Operating Income
$133,025

Waikiki prices

Average price $2.19m
Neighborhood average sales price*
$2.19m
Neighborhood median sales price*
$1.95m
Number or sales*
4
*last 6 months

About Waikiki

Waikiki Condos & neighborhood info When it comes to finding a home in a lively, picturesque setting, it's hard to beat the allure of Waikiki condos. Situated along the stunning shores of Oahu, Waikiki is a bustling neighborhood in Honolulu that boasts Read more

Schools

15 schools with rating up to 7
School rating Distance
7
out of 10
President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
Elementary School
0.392mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
Middle School
0.5mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
High School
0.5mi
School rating Distance
7
out of 10
President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
0.392mi
NR
Jefferson School Orthopedic Unit
324 Kapahulu Ave, Honolulu, HI 96815
0.49mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.5mi
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
0.516mi
2
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
0.577mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.5mi
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
0.516mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.601mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
1.001mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
1.191mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.5mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.601mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.785mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
1.001mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
1.191mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Rented May 1, 2019
Date Event Price $/sqft Source
May 1, 2019 Rented $1,000 $0.13 MLS #201910256
Apr 8, 2019 New Listing rental $1,000 +25% $0.13 MLS #201910256
Jan 4, 2019 Rented $800 $0.11 MLS #201900082
Jan 2, 2019 New Listing rental $800 -11.11% $0.11 MLS #201900082
Jun 28, 2018 Rented $900 $0.12 MLS #201815881
Jun 18, 2018 New Listing rental $900 -7.69% $0.12 MLS #201815881
Nov 29, 2017 Rented $975 $0.13 MLS #201721525
Oct 31, 2017 Price Decrease $975 -2.5% $0.13 MLS #201721525
Oct 30, 2017 Price Increase $1,000 +17.65% $0.13 MLS #201721525
Oct 30, 2017 Back On Market $850 $0.11 MLS #201721525
Oct 16, 2017 Temporarily Withdrawn $850 $0.11 MLS #201721525
Oct 11, 2017 New Listing rental $850 $0.11 MLS #201721525
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Tax & MLS details 209 Kaiulani Ave, Honolulu, HI, 96815

X2 - Apartment Precinct zoning / MLS #201922929
Current Property Taxes p/month
$705
Property Tax Year
2019
Assessed Improvement value
$756,900
Assessed Land value
$1,693,400
TMK
1-2-6-024-022-0000
Land Recorded
Land Court
Zoning
X2 - Apartment Precinct
Flood Zone
Zone AE
Topography
Level
Location
Corner
Lot Description
Other
Property Setbacks
None
Total Assessed value
$2,450,300
Listed by
Standard Management LLC
MLS #
201922929
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Recently sold nearby 209 Kaiulani Ave in Waikiki

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Frequently asked questions for 209 Kaiulani Ave

When was this multi-family home built and last sold?

This house was build in 1946 and sold in 2019.

What is the full address of this multi-family home?

209 Kaiulani Ave, Honolulu, HI, 96815.

Are there beaches near 209 Kaiulani Ave?

No, there aren't.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Standard Management LLC. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on December 12, 2019.
Hawaii House Last checked 1 minute ago.

Multi-Family Home sold $5,100,000 209 Kaiulani Ave, Honolulu, HI, 96815 7,511 sqft Save House Remove from Saved