2459 Kapiolani Blvd
Honolulu, HI 96826

For Sale
Sold
Sold Price
$3,000,000 (FS)
List Price
$2,999,999 (FS)
Property Type:
Single Family
Bedrooms:
14
Full Baths:
10
Half Baths:
0
Land Area (sf):
9,503
Living (sf):
5,280
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
9 - 3 Car+
Property Photo
MLS #:
202512651
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
KAPIOLANI
TMK:
1-2-7-019-004-0000
List Date:
Date Sold:

REMARKS:

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!

PROPERTY INFORMATION:

Zoning:
13 - A-3 High Density Apartment
Furnished:
--
Year Built:
1953
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$2,387,500
Assd. Val. Imprv:
$230,500
Assd. Val. Total:
$2,618,000
Tax Year:
2025
Monthly Taxes:
$762
Home Exempt.:
$0

SCHOOLS:

Elem. School:
Ala Wai
Middle School:
Washington
High School:
Kaimuki

OTHER PROPERTY FEATURES:

Frontage:
--
View:
City, Diamond Head, Mountain
Pool:
None
Amenities:
None
Inclusions:
Range/Oven, Refrigerator
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
Clear
Topography:
Level
Number of Stories:
Two
Building Style:
Multiple Dwellings
Property Condition:
Average
Construction:
Masonry/Stucco, Wood Frame
Roofing:
Asphalt Shingle
Floor Covering:
Other, Vinyl, W/W Carpet
Disclosures:
Non Resident Owner
Possession:
At Closing
Terms Accept.:
Cash, Conventional
Land Recorded:
Land Court
Exclusions:
--
Easements:
None
Set-Backs:
Of Record

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Saturday, July 11, 2026.  Information is deemed reliable but not guaranteed.  Copyright: 2026 by HiCentral MLS, Ltd.  Listing courtesy of Locations LLC