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Lofted Short-Term Rental Property
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12-5431 Ala Lokelani, Pahoa, HI 96778

Established hospitality property with private lanais, shared guest amenities, and an authorized non-conforming use permit.

Property SizeContact for details
Days on Market143

Property Features for 12-5431 Ala Lokelani

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Asking Price $495,000

Amenities

common area with bar and full kitchen

Building Details

Year Built 2018
Listing Agency: NAI CBI Hawaii
Listed By: Jackson Nakasone · License #RB-10961
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 10:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI CBI Hawaii

Investment Insights

Based on property information with market context.

Built in 2018, this short-term rental property includes individual units of approximately 320 SF, each arranged with a loft and private lanai. The improvements also feature a shared gathering area with a bar and full kitchen, along with views toward a lava flow.

The operation has recorded more than 1,000 guest reviews across Airbnb and VRBO, with a reported 4.84/5 rating. Its use was grandfathered under newer Airbnb legislation and is supported by a non-conforming use permit. Tax returns and P/L statements are available to serious inquiries. The seller is also willing to assist with system and automation integration for the rental platforms.

Key Highlights

  • Built in 2018
  • Individual units are approximately 320 SF with lofts and private lanais
  • Shared common area includes a bar and full kitchen

Property Analytics

Current Use

Short term rental ...

Location Intelligence

Demographics for 96778, HI

14,687
Population
6,814
Households
2.2
Avg Household Size
44
Median Age
22%
College-Educated
90%
High-School Grad
211.5 sq mi
ZIP Area
69
Density / Sq Mi
$34,863
Median Household Income
$29,821
Median Earnings
$1,321
Median Rent
$241,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Short term rental property - Established hospitality property with private lanais, shared guest amenities, and an authorized non-conforming use permit.
Where is this short term rental property located?
The property is located at 12-5431 Ala Lokelani Pahoa, HI.
What are key features of this property?
This property features: Built in 2018; Individual units are approximately 320 SF with lofts and private lanais; Shared common area includes a bar and full kitchen
More about this property
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