254 Kaiulani Ave

254 Kaiulani Ave
Honolulu, HI 96815

For Sale

Active

List Price

$5,300,000 (FS)

Property Type:: Multi-Family
Studio Units:: 0
1-Bed Units:: 14
2-Bed Units:: 0
3-Bed Units:: 1

Land Area (sf):: 4,505
Living (sf):: --
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 4 - Assigned, Covered, Open

MLS #:: 202319069
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: WAIKIKI
TMK:: 1-2-6-021-014-0000

List Date:: August 10, 2023

REMARKS:

The Darlani is a charming building with a timeless, stunning tile facade in the heart of Waikiki with excellent income and covered parking. All units are separately metered for electric, one water meter, hollow tile construction, and nice, spacious units, each with its own patio/balcony. Huge penthouse with three beds and 14 one-bedrooms with 4 rentable parking spaces means this property has huge rental potential. Railings just redone, and building sparkles with pride of ownership. Coin laundry with owned machines for extra income.

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PROPERTY INFORMATION:

Zoning:: X2 - Apartment Precinct
Furnished:: Partial

Year Built:: 1960
Year Remodeled:: 2008

FINANCIAL INFORMATION:

Assd. Val. Land:: $1,666,400
Assd. Val. Imprv:: $1,295,600
Assd. Val. Total:: $2,962,000

Tax Year:: 2023
Monthly Taxes:: $632
Home Exempt.:: --

SCHOOLS:

Elem. School:: --
Middle School:: --
High School:: --

OTHER PROPERTY FEATURES:

Frontage:: Other
View:: Marina/Canal, Mountain, Other
Pool:: --
Amenities:: None
Inclusions:: --
Security:: --
Assn. Fee Inclusions:: --
Other Fee Inclusions:: --

Lot Description:: Clear
Topography:: Level
Number of Stories:: 4-7
Building Style:: --
Property Condition:: Above Average
Construction:: Concrete, Hollow Tile, Slab
Roofing:: Composition, Other
Floor Covering:: --

Disclosures:: 1031 Exchange, Pet on Property
Possession:: At Closing, Subject To Tenancy
Terms Accept.:: 1031 Exchange, Cash, Conventional
Land Recorded:: Land Court

Exclusions:: --
Easements:: Drainage, Water
Set-Backs:: C&C, Of Record

Compensation*:: 2
Compensation Type:: %

* The offer of compensation to cooperating brokers is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Saturday, April 27, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Commercial Inv. Strategies