2459 Kapiolani Boulevard
Honolulu, HI 96826
- – beds
- – baths
- 5,280 sqft
- $643 per sqft
- 1953 build
- – on site
Rare opportunity to own a multi-family property in a prime location on Kapiolani Blvd! This large 9,503 square feet A-3 zoned land is in the McCully/Moiliili neighborhood between University Ave and Kamoku Street. The property has 10 units total: 6 one-bedroom, one-bath units and 4 two-bedroom, one-bath units. 9-pkg stalls, 11 electric meters, 1 water meter, on-site common coin (owned) W/D laundry. The building is not in a flood zone & has C&C trash pick-up service, a potential $15-20K savings. Front bldg: 2 stories. Hollow tile (built 1959). 6 spacious one-bedroom, one-bath units (504 sqft). 1st floor units with courtyard. Back bldg: 2 stories. Hollow tile on 1st floor & wood frame on 2nd floor (built 1953). 4 two-bedroom, one-bath units (563 sqft). Fully occupied - primarily long-term tenants, most on MTM. Current rents are below market allowing buyer room to upgrade units and maximize income. Ideally located between University of Hawaii at Manoa and Waikiki. Convenient to Iolani School / Ala Wai Elementary School, UH, Ala Wai Golf Course, Parks, Diamond Head, McCully and Ala Moana Shopping Center, on/off freeway, bus lines, and more!
Last checked:
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Last updated Jan 28, 2025
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MLS# 202427991 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1953
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Construction Materials:Masonry,Stucco,WoodFrame
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Structure Type:Apartment,MultiFamily
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Stories:2
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Levels:Two
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Building Area Total:5280.0
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# of Units Total:10
Interior
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Laundry Features:CoinOperated
The Property
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Property Type:Residential
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Property Subtype:MultiFamily
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Property Condition:AverageCondition
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Lot Size Area:9503.0
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Lot Features:Cleared,Level
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Zoning Description:13 - A-3 High Density Apartment
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Parcel Number:1-2-7-019-004-0000
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Topography:Level
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View:City,Mountains
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View:true
Listing Agent
- Contact info:
- Agent phone:
- (808) 735-4200
- Office phone:
- (808) 735-4200
Taxes
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Tax Annual Amount:9139.92
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Tax Assessed Value:2611400
Utilities
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Utilities:AboveGroundUtilities,ElectricityAvailable,WaterAvailable,SewerConnected
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Sewer:Connected
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Water Source:Public
Appliances
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Appliances:Dryer,Washer
Schools
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Elementary School:Ala Wai
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Middle Or Junior School:Washington
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High School:Kaimuki
The Community
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Subdivision Name:KAPIOLANI
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Community Features:None
Parking
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Parking Total:9.0
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Parking Features:Assigned,Open
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Open Parking:true
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/9/24
Dec 9, 2024
|
Listed / Active | HI_CENTRAL_MLS | $3,400,000 |
