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Apartment Building with Detached CPR Houses
For Sale
$3,950,000

1867 Kapiolani Boulevard, Honolulu, HI 96826

MULTI_FAMILY - Honolulu, HI

Property SizeContact for details
Days on Market696

Property Features for 1867 Kapiolani Boulevard

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description 17 - AMX-2 Medium Density Apt M
Parking 6
Parking features Covered, Assigned
Appliances Dryer, Washer
Subdivision MCCULLY
Lot features Cleared, Interior Lot
View City
Standard status Active
APN 1-2-3-034-019-0000

Taxes and HOA fees

Tax Annual Amount 19452

Utilities

Utilities Cable Available
Water source Public

Building Details

Year built 2015
Floors in Building 2
Number of units 6
Building materials Masonry, Stucco, Wood Frame
Listing Agency: Locations LLC
Listed By: Elaine L Chow · License #RB-21945
Added: Sep 16, 2024 Changed: Aug 1 Last Checked: Aug 12 at 10:06PM
MLS# 202421166

Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This apartment building was built in 2015 and is currently renting as 6 units. The property consists of three detached CPR houses with separated entrances, stucco exteriors, and both masonry and wood-frame construction. Front and middle houses have five bedrooms and three bathrooms configured as 3/2 up and 2/1 down, while the back house has three bedrooms and three bathrooms configured as 2/1 up and 1/1 down. Washer and dryer are included, and each home provides a two-car garage.

The property is located on Kapiolani Boulevard directly across from McCully Shopping Center. It offers cable available and public water service, with easy access to multiple bus stops and being just minutes from Ala Moana Center and Ala Moana Beach Park.

Under AMX-2 zoning, the homes can be sold individually or as a package. A lease PV system is included and was fully paid off by the seller.

Key Highlights

  • Currently renting as 6 units
  • Built in 2015 apartment building with three detached CPR houses
  • Front and middle houses: five bedrooms, three baths (3/2 up, 2/1 down)

Property Analytics

Current Use

Apartment buildings

Lease Details

6
Residential units
Yes
Paved road access

Location Intelligence

Demographics for 96826, HI

30,092
Population
16,564
Households
1.8
Avg Household Size
44
Median Age
38%
College-Educated
91%
High-School Grad
1.1 sq mi
ZIP Area
27,356
Density / Sq Mi
$67,743
Median Household Income
$44,393
Median Earnings
$1,604
Median Rent
$485,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Built in 2015, this multi-family property includes three detached CPR houses and on-site assigned, covered parking.
Where is this apartment building located?
The property is located at 1867 Kapiolani Boulevard Honolulu, HI.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Currently renting as 6 units; Built in 2015 apartment building with three detached CPR houses; Front and middle houses: five bedrooms, three baths (3/2 up, 2/1 down)
More about this property
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