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SOLD
MLS: 202501594
 
Asking Price: $2,900,000 FS - Fee Simple
Sold Price: $2,821,500
Sold Date: 04/30/2025
Type: Multi-Family
District: Metro
Address: 250 Kapili Street, Honolulu, HI
Neighborhood: Waikiki
Land Area: 3,330 SF
View: City
Parking: Assigned,Covered
Amenities: Other,Secured Lobby,Storage
Days on Market: 381
(The Price of the property was lowered by $300,000 on 02/08/2025)
Year Built: 1961
Zoning: X2 - Apartment Precinct
Land Recorded: Land Court
Property Taxes: $600,.25
Assessed Value: $2,187,800,.00
Assessed Ratio: 132.55%
Listing Courtesy: Commercial Inv. Strategies
Google Map   County Records
 
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GEM IN WAIKIKI: Secure Building w 12 units: 6 studios, 6 ones, 1 ground floor office with monitors, and over 9,000sf of interior! 8 covered parking with secure electrical room, keyed lobby and stairs. Elevator and fire stand pipe. All units separately metered for electric, one water meter. Solid concrete construction on corner lot, one way access only for mostly local traffic. Secure laundry room with machines leased for $62.83/mo--property manager collects coins. Additional income potential by bringing the units to market rents, charging for all parking and for each storage area (4).


 
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