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Apartment Building with On-Site Laundry

1909 Kahakai Drive, Honolulu, HI 96814

For Sale
$9,150,000

Three-level concrete apartments include individual metering, an on-site laundry room and parking.

Property SizeContact for details
Lot Size0.27 Acres
Days on Market1014

Property Features for 1909 Kahakai Drive

General Information

Standard status Active
Total Parking Spaces 14
Lot size 0.27 Acres
Property subtype MultiFamily
Zoning A-2

Site & Location

Neighborhood Ala Moana

Units

Unit Mix 9 x 1BD, 24 x studio
Multifamily Units 33
Individually Metered Utilities unspecified utilities

Amenities

vinyl fencing
garden landscaping
on-site laundry room

Building Details

Year Built 1951
Buildings 1
Stories 3
Construction concrete
Listing Agency: Own A Home LLC
Listed By: Ho'okele Homes · License HI RS-87723
Source: Hookelehomes
Added: Feb 5, 2024 Changed: Nov 13 Last Checked: Nov 13 at 8:30AM

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 Own A Home LLC

Rey
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Investment Insights

Based on property information with market context.

This three-story concrete apartment property contains 33 individually metered units: nine one-bedroom apartments and 24 studios. The site includes 14 parking stalls, an on-site laundry room, garden landscaping and vinyl fencing. The 11,728-square-foot parcel is zoned A-2, and the building dates to 1951.

Located on Kahakai Drive in Honolulu, the property is near the Hawaii Convention Center and Ala Wai Canal. Atkinson Drive provides a route toward Ala Moana Shopping Center, Ala Moana Beach Park and Ala Wai Yacht Harbor.

Key Highlights

  • 33 apartments: nine one‑bedroom units and 24 studios
  • Individually metered apartments
  • Three‑story concrete building constructed in 1951

Property Analytics

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Lease Details

33
Residential units

Location Intelligence

Demographics for 96814, HI

24,870
Population
15,346
Households
1.6
Avg Household Size
47
Median Age
50%
College-Educated
93%
High-School Grad
1.2 sq mi
ZIP Area
20,725
Density / Sq Mi
$77,336
Median Household Income
$55,408
Median Earnings
$1,770
Median Rent
$706,500
Median Home Value
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Market

Average Price Trend$/SF for Apartment buildings in Honolulu, HI

$613 Jul
$549 Aug
$513 Sep
$534 Oct

Properties on Market for Apartment buildings in Honolulu

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Three-level concrete apartments include individual metering, an on-site laundry room and parking.
Where is this apartment building located?
The property is located at 1909 Kahakai Drive Honolulu, HI.
What is the asking price?
The asking price for this property is $9,150,000.
What are key features of this property?
This property features: 33 apartments: nine one‑bedroom units and 24 studios; Individually metered apartments; Three‑story concrete building constructed in 1951
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