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Ad #7343233
MLS #202603620
Listing photo

Rarely available apartment building in Waikiki, offering strong

254 Kaiulani Ave, Honolulu, HI 96815
$4,900,000
--Beds
--Baths
--Sqft
--Acres

About this property

Rarely available apartment building in Waikiki, offering strong income potential and long-term value in one of Honolulu's most desirable rental markets. Current rents are below market, creating excellent upside potential. This well-maintained solid hollow-tile structure features a classic tiled exterior and covered parking. Each unit is individually metered for electricity with a shared water meter. All residences offer generous interior space with private lanais or patios. The property consists of one expansive 3-bedroom, 2-bath penthouse and fourteen 1-bedroom units. Interior upgrades have been completed throughout, including durable high-quality tile flooring, updated kitchens, modernized bathrooms, and newly refurbished railings. Additional monthly revenue is generated from leased coin-operated laundry machines and parking income. Pro forma rental income analysis is available. In 2025, the entire property underwent a plumbing inspection and repair process.

Property Features

0 Beds
0 Baths
0 Sqft
Built in 1960
0.000 Acres
3 Stories
Open, Covered, Assigned
Siding: Hollow Tile, Concrete
$10,608 / yr property tax
Oahu County
WAIKIKI Community

Additional Photos

Additional listing photo 1
Additional listing photo 2
Additional listing photo 3
Additional listing photo 4

Contact Information

Cannie Chum

Locations LLC

808-735-4200

Location

Map
Listing Agent: Cannie Chum (License #: RB-22002) 808-735-4200
Broker: Locations LLC 808-735-4200 Listing Site
Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026

Photo Gallery

Rarely available apartment building in Waikiki, offering strong - photo 1
Rarely available apartment building in Waikiki, offering strong - photo 2
Rarely available apartment building in Waikiki, offering strong - photo 3
Rarely available apartment building in Waikiki, offering strong - photo 4
Rarely available apartment building in Waikiki, offering strong - photo 5
Rarely available apartment building in Waikiki, offering strong - photo 6
Rarely available apartment building in Waikiki, offering strong - photo 7
Rarely available apartment building in Waikiki, offering strong - photo 8
Rarely available apartment building in Waikiki, offering strong - photo 9
Rarely available apartment building in Waikiki, offering strong - photo 10
Rarely available apartment building in Waikiki, offering strong - photo 11
Rarely available apartment building in Waikiki, offering strong - photo 12
Rarely available apartment building in Waikiki, offering strong - photo 13
Rarely available apartment building in Waikiki, offering strong - photo 14
Rarely available apartment building in Waikiki, offering strong - photo 15
Rarely available apartment building in Waikiki, offering strong - photo 16
Rarely available apartment building in Waikiki, offering strong - photo 17
Rarely available apartment building in Waikiki, offering strong - photo 18
Rarely available apartment building in Waikiki, offering strong - photo 19
Rarely available apartment building in Waikiki, offering strong - photo 20
Rarely available apartment building in Waikiki, offering strong - photo 21
Rarely available apartment building in Waikiki, offering strong - photo 22
Rarely available apartment building in Waikiki, offering strong - photo 23
Rarely available apartment building in Waikiki, offering strong - photo 24
Rarely available apartment building in Waikiki, offering strong - photo 25

$4,900,000

--
Beds
--
Baths
--
Sqft

254 Kaiulani Ave, Honolulu, HI 96815

By contacting this agent you agree to these Terms and Conditions.
Home Hawaii Honolulu
Rarely available apartment building in Waikiki, offering strong - photo 1
Rarely available apartment building in Waikiki, offering strong - photo 2
Rarely available apartment building in Waikiki, offering strong - photo 3
Rarely available apartment building in Waikiki, offering strong - photo 4
Rarely available apartment building in Waikiki, offering strong - photo 5
MLS# 202603620
Lot For Sale

Rarely available apartment building in Waikiki, offering strong

$4,900,000

254 Kaiulani Ave, Honolulu, HI 96815

--
Beds
--
Baths
--
Sqft
--
Acres
$4,900,000
254 Kaiulani Ave, Honolulu, HI 96815
-- Beds
-- Baths
-- Sqft
-- Acres
Rarely available apartment building in Waikiki, offering strong income potential and long-term value in one of Honolulu's most desirable rental markets. Current rents are below market, creating excellent upside potential. This well-maintained solid hollow-tile structure features a classic tiled exterior and covered parking. Each unit is individually metered for electricity with a shared water meter. All residences offer generous interior space with private lanais or patios. The property consists of one expansive 3-bedroom, 2-bath penthouse and fourteen 1-bedroom units. Interior upgrades have been completed throughout, including durable high-quality tile flooring, updated kitchens, modernized bathrooms, and newly refurbished railings. Additional monthly revenue is generated from leased coin-operated laundry machines and parking income. Pro forma rental income analysis is available. In 2025, the entire property underwent a plumbing inspection and repair process.
162 days
on BeachHouse.com
120
views
0
saves

Property Details

HOME DETAILS

0 Beds
0 Baths
0 Sqft
Built in 1960
0.000 Acres
3 Stories

EXTERIOR

Open, Covered, Assigned
Siding: Hollow Tile, Concrete

FINANCIAL & COMMUNITY

$10,608 / yr property tax
Oahu County
WAIKIKI Community
See More Details

Location

Map
Open in Google Maps

Mortgage Calculator

Ad Statistics

Ad Number
7343233
Viewed
120 times
Listing Status
Active
Added
Mar 02, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM

Listing Information

Data Source
HiCentral MLS
Source Property ID
202603620
Listing Agent: Cannie Chum (License #: RB-22002) 808-735-4200
Broker: Locations LLC 808-735-4200 Listing Site
Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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SEARCH STATES
Alabama Alaska California Connecticut Delaware Florida Georgia Hawaii Louisiana Maine Maryland Mississippi New Hampshire New Jersey New York North Carolina Oregon Pennsylvania Rhode Island South Carolina Texas Virginia Washington
SERVICES
Buy Buy Advertise
COMPANY
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SUBSCRIBE
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Dream Home Network Inc.

is committed to ensuring digital accessibility and property listings for individuals with disabilities. All information provided is deemed reliable but is not guaranteed and should be independently verified. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know.

Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

© 1997 - 2026 BeachHouse.com
Part of Dream Home Network, Inc.
Last updated on 2026.08.11
Terms & Policy