| Description | Wow - lots of value here. One TMK number but property can be rented as two separate studios - each with their own entrance and full bath. Unit 701A has an updated kitchenette and 701B has a built in cooktop. Both units have a lot of upside potential - tenants are paying below market rents - $1100/month each. Located in the heart of Waikiki, Pacific Islander is a pet friendly building and is just a short distance from Waikiki Beach as well as numerous shops and tasty restaurants. The building has community laundry and parking stalls are available for rent by waitlist. Bike/Moped/Motorcycle parking is also available. Maintenance Fee includes Electricity, Water/Sewer, Hot Water & Basic Cable and the building also has secured "key fob" entrance. Great opportunity rent out both units or live in one and earn rental income on the other. |
|---|---|
| Status | Sold since 12-20-2025 |
| MLS# | 202528167 |
| Price | $229,700 |
| Original Price | $241,700 |
| Price Change | $-12,000 (-4.96%) |
| Beds / Baths / Half | 1 / 2 / 0 |
| Parking Spaces | 0 |
| Living Sq Ft | 454 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $1,461 |
| Lanai Sq Ft | 79 |
| Building | Pacific Islander |
| Address | 249 Kapili Street 701A Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 60 |
| Year Built | 1974 |
| Condition | Average,Fair |
| View | City |
| Parking | None, Street |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AE |
| Tax Amount | $82 |
| Assessed Land | $100,800 |
| Assessed Building | $180,600 |
| Assessed Total | $281,400 |
| Assessed Ratio | 82% |
| Inclusions | Cable TV, Refrigerator |
| Amenities | Community Laundry |
| Construction | Concrete |
| Flooring | Vinyl, W/W Carpet |
| Disclosures | 1031 Exchange, Pets Allowed (Verify), Property Disclosure Stmt |
| Furnished | None |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Key |
| Parcel # | 1-2-6-024-041-0044 |
| Listing courtesy of | Halepuna Real Estate Hawaii |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 04-15-2026 | 202528167 | Sold | C | S | $229,700 | $210,000 | $281,400 | $100,800 | $180,600 |
| 02-18-2026 | 202528167 | Active Under Contract | A | C | $229,700 | $210,000 | $281,400 | $100,800 | $180,600 |
| 02-07-2026 | 202528167 | Price Decrease | $241,700 | $229,700 | $229,700 | $210,000 | $281,400 | $100,800 | $180,600 |
| 12-20-2025 | 202528167 | New Listing | A | $229,700 | $210,000 | $281,400 | $100,800 | $180,600 | |
| 12-20-2025 | 202516484 | Expired | A | X | $241,700 | $0 | $281,400 | $100,800 | $180,600 |
| 11-11-2025 | 202516484 | Price Decrease | $259,900 | $241,700 | $241,700 | $0 | $281,400 | $100,800 | $180,600 |
| 10-18-2025 | 202516484 | Price Decrease | $267,700 | $259,900 | $241,700 | $0 | $281,400 | $100,800 | $180,600 |
| 08-29-2025 | 202516484 | Price Decrease | $281,700 | $267,700 | $241,700 | $0 | $281,400 | $100,800 | $180,600 |
| 07-20-2025 | 202516484 | New Listing | A | $241,700 | $0 | $281,400 | $100,800 | $180,600 | |
| 01-31-2021 | 202029363 | Sold | P | S | $149,000 | $145,000 | $294,600 | $248,600 | $46,000 |
| 01-24-2021 | 202029363 | In Escrow Not Showing | C | P | $149,000 | $145,000 | $294,600 | $248,600 | $46,000 |
| 12-07-2020 | 202029363 | In Escrow Showing | A | C | $149,000 | $145,000 | $294,600 | $248,600 | $46,000 |
| 11-27-2020 | 202029363 | New Listing | A | $149,000 | $145,000 | $294,600 | $248,600 | $46,000 |
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