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2459 Kapiolani Boulevard, Honolulu, HI 96826

Listing Information

Price $3,400,000 Property Type Single Family
MLS Number 202427989 Land Tenure Fee Simple
Area Metro Address 2459 Kapiolani Boulevard, Honolulu, HI 96826
Beds 14 Baths 10
Interior Sq. Ft. 5276 ft² Land Sq. Ft. 9503 ft²
Lanai Sq. Ft. N/A Year Built 1953
Maintenance Fee View City,Diamond Head,Mountain
Public 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!

MAP

Based on the information from the Multiple Listing Service of HiCentral MLS, Ltd.
Listings last updated on Thursday, March 13, 2025. Information herein deemed reliable, but not guaranteed.
Copyright © 2025 by HiCentral MLS, Ltd.
Listing courtesy of Locations LLC | Broker contact: (808) 735-4200

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