254 Kaiulani Avenue, Honolulu, HI 96815

Building Details

Year built

1960

Floors in Building

3

Building materials

Brick, Block, Concrete

Listing agent Cannie Chum License #RB-22002 Show Phone

Listing office Locations LLC 1288 Ala Moana Blvd. Suite 220, Honolulu, HI Show Phone

Listing date Mar 2, 2026

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MLS# 202603569

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.

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Overview

This apartment building is located in Waikiki and offers income potential and long-term value. Current rents are below market value. The property is a well-maintained hollow-tile structure with a tiled exterior and covered parking. Each unit is individually metered for electricity, and there is a shared water meter. All residences have interior space with private lanais or patios. The property includes one 3-bedroom, 2-bath penthouse and fourteen 1-bedroom units. Interior upgrades have been completed, including tile flooring, updated kitchens, modernized bathrooms, and refurbished railings. Additional monthly revenue is generated from leased coin-operated laundry machines and parking income. In 2025, the entire property underwent a plumbing inspection and repair process.

Map

City

Honolulu

County

Honolulu

State

Hawaii

Longitude

-157.8229784

Latitude

21.2785895

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FAQs

What type of property is this?

Apartment building - Apartment building in Waikiki with income potential and upside.

Where is this apartment building located?

The property is located at 254 Kaiulani Avenue Honolulu, HI.

What is the asking price?

The asking price for this property is $4,900,000.

What are key features of this property?

This property features: Rare Waikiki apartment building with strong income potential.; Below‑market rents offer excellent upside potential.; Well‑maintained hollow‑tile structure with covered parking.