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448 Kaiolu Street, Honolulu, HI, 96815
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448 Kaiolu Street, Honolulu, HI 96815

$3,200,000 Multi-Family Home active under contract 5,258 sqft Neighborhood:  Waikiki
17 min walk to Ala Wai Neighborhood Park
11 min walk to Waikiki Beach
23 min walk to Ala Wai Golf Course
19 min walk to The Wall
10 min walk to Three's
About lifestyles
Value Add Opportunity for this super charming property from a golden age of Hawaii architecture! Truly charming built ins, coin laundry, and secure units. Excellent location in the heart of Waikiki. Two story walk up, solid wood floors, mostly original plumbing, electric, and interiors. Secure building with so much potential. Most units used for storage and not occupied (except for owner) for many years. Income is Pro Forma only. Blank slate for your improvements and vision. Zoning is Apartment, Waikiki Special District.
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Multi-family details

1953 year built
Year Built
1953
Original list price
$3,200,000
Days on market
28
Building type
Apartments,Multi Dwellings
Price per sqft
$609/sqft
Address

448 Kaiolu Street, Honolulu, HI, 96815

Frontage
Stream/Canal
Neighborhood
Waikiki
Land tenure
FS - Fee Simple
Land SqFt
6,241 sqft
View
None

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$16,316
Taxes
$690
HOA dues
$0
$17,006 per month
Mortgage
Down payment
$640,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $16,316 / 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
15.67 / 20
Very walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

11 total units
# of 1 Bd
11
# of 2 Bd
0
# of 3 Bd
0
Total Units
11

Amenities & Features

4 parking places
Stories
Two
Furnished
Partial
Roof
Custom/Specialty, Other
Construction
Masonry/Stucco
Utilities
Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Property Condition
Fair
Parking
Open
nr.of parking places
4
Amenities
None

Income

Net Operating Income: $149,087
Total Actual Rent
$16,104
Total Annual Operating Expenses
$44,161
Total Income
$193,248
Net Operating Income
$149,087

Waikiki prices

Average price $376.49k
Neighborhood average sales price*
$376.49k
Neighborhood median sales price*
$325k
Number or sales*
16
Street median sales price*
$270k
Median sale price Kapiolani Terrace*
$273.75k
*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

Price history

Active Under Contract May 12, 2023
Date Event Price $/sqft Source
May 12, 2023 Active Under Contract $3,200,000 $608.60 MLS #202309870
Apr 28, 2023 New Listing $3,200,000 $608.60 MLS #202309870
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Activity

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32
times viewed
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favorited

Tax & MLS details 448 Kaiolu Street, Honolulu, HI, 96815

12 - A-2 Medium Density Apartme zoning / MLS #202302793
Current Property Taxes p/month
$690
Property Tax Year
2022
Assessed Improvement value
$289,200
Assessed Land value
$2,075,100
TMK
1-2-6-017-065-0000
Land Recorded
Land Court
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone AO
Topography
Level
Location
Inside
Lot Description
Clear
Property Setbacks
None
Total Assessed value
$2,364,300
Listed by
Commercial Inv. Strategies
(808) 429-1098
MLS #
202302793
Hawaii House tour report for this multi-family home
No reviews yet
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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We do not have a Hawaii House tour report for this listing yet.
As soon as we do, we post it here.

Similar homes nearby 448 Kaiolu Street in Waikiki

Recently sold nearby 448 Kaiolu Street in Waikiki

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Frequently asked questions for 448 Kaiolu Street

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

This house was build in 1953.

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

448 Kaiolu Street, Honolulu, HI, 96815.

Are there beaches near 448 Kaiolu Street?

The nearest beach is 0.446 miles away, called Waikiki Beach. It should take about 11 min walk.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.Listings last updated on 05-27-2023. Copyright 2023 by HiCentral Mls, Ltd. Listing courtesy of Commercial Inv. Strategies. 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.

Multi-Family Home active under contract $3,200,000 448 Kaiolu Street, Honolulu, HI, 96815 5,258 sqft Save House Remove from Saved