Description: Exceptional rental income and low operating costs make this a rare investment opportunity in Waikiki’s residential neighborhood. This turnkey 3-story walk-up comprises 13 units: nine 2BD/1BA plus four 1BD/1BA, each with a private lanai. Well-kept and low-maintenance, the property is positioned in one of Honolulu’s most reliable rental markets. Features include community coin-operated laundry, individual electrical metering for tenant-paid power. Parking is available with a three-car front carport, plus two tandem spaces in a secondary carport accessed via the driveway. Units have been updated upon turnover, ensuring the building remains in excellent condition with strong occupancy, consistent rental income, and long-term tenants. Set in the quieter, less trafficked section of Waikiki, residents enjoy walkable access to world-class beaches, dining, shopping, and recreation, as well as convenient transit connections. This combination of stable income, efficient operations, and an unbeatable location makes the property a standout investment in Honolulu’s steady multifamily market.
Listing courtesy of CBI Residential Advisory Svcs.
Description: 15-LARGE Studio Units (417sf-558sf each). PRIME LOCATION in the MIDDLE OF WAIKIKI.
3-story Concrete Apartment Building. (Mixed Residential Commercial Use; Ground Floor is zoned for Commercial Use).
Property is a cooperative and has been CPR'd into 15 individual units (TMK#s 1-2-6-024-021:0001-0015)
1 unit currently lease to a commercial tenant: all other are operated as residential. 3-4 parking stalls. Secured entry to property. Coin Op laundry on site. NEW ROOF in 2018.
Description: Located in the heart of Waikiki, 454 Kuamoo St is a prime investment opportunity offering multi-family living in one of Honolulu’s most desirable areas. This walk-up building features 6 one-bedroom units, 3 studio units, multiple storage rooms/closets and currently 3 parking stalls. Building's electrical system has been upgraded, exterior recently repainted and trees trimmed away from the property. All units' have sub metered electricity and functional layouts taking full advantage of the interior sq ft. Washer and dryer facilities are on the premises for additional income. With an unbeatable location, this property provides easy access to world-class beaches, shopping, dining, and entertainment, making it highly attractive to tenants. Whether you're seeking long-term appreciation, cash flow, or redevelopment potential, this property offers versatility and value in a thriving Waikiki market. The building has Tenants until the end of July 2025, allowing the new owner to make necessary upgrades and collect the maximum rental amount. Sellers are motivated and open to all offers.
Description: 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).
Description: Fee simple, 12-unit apartment building with 6 parking stalls and coin operated laundry on-site. All tenants on month-to-month leases at an average rent of $1,250, which is low for a nice, one bedroom unit in Waikiki. This prime building recently returned to the ground lessor. Take a look at the photos of each pleasant unit to see the condition – they are all 1 bedroom / 1 bathroom units. The entire property is secured around the perimeter with a gate and there is a separate, gated-off strip of land in the back which could become a garden, outdoor common area, or bark park for pets. This property offers significant value-add opportunities. By adjusting rents to market rates, investors can maximize returns and enhance the property’s overall value.
Description: Once in a lifetime opportunity to own one of the largest single parcel, fee simple, apartment zoned properties in Waikiki--one of Hawaii's most important real estate markets. Only 12 fee simple Waikiki properties over 7,000 sq. ft. have been registered as sold on the MLS in the past 3 decades. Conveniently located on a quiet residential street on the Diamond Head side of Waikiki, this spacious & level lot boasts 4 single family homes. Each 3BD/1BA home is approx. 747 sq. ft. & is separately metered for electricity & water. Each home has its own full size washer/dryer & parking stall (5 stalls total for 6 cars, 1 stall is tandem). These tastefully upgraded vintage Waikiki Plantation homes with entryway patios & soaring 9 foot ceilings were built in 1939 & collectively evokes the charms of yesteryear Waikiki. Featured on Magnum PI! EXCELLENT income property, but development & renovation opportunities abound for its next chapter. Its superior location puts you within moments to world famous Waikiki Beach & various dining, entertainment, & employment options throughout Waikiki, Kakaako, & metro Honolulu. Buyers to complete all due diligence that they may deem material. Sold AS-IS.
Description: Well maintained multi-family investment opportunity in Waikiki! Prime location on Pa'u Street, in between world-famous Kalakaua Ave and Ala Wai Blvd. This three-story walk-up features ten (10) one-bedroom, one-bath units (most of which have been renovated) plus RARE TEN parking stalls for a 1:1 ratio. Coin-operated washer/dryer for tenants to use and additional income. Separately metered electricity and central water heater. Please contact Listor with additional questions or to schedule a showing. Please submit offers on the Commercial Purchase and Sale Agreement form. DO NOT DISTURB TENANTS.
