254 Kaiulani Avenue

254 Kaʻiulani Avenue, Honolulu, HI

$5,300,000

Price

4.55%

Cap Rate

$240,987

NOI

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Street
Map
Overview
Cap Rate
4.55%
NOI
$240,987
Building Size
6,792 sqft
Lot Area
4,505 sqft
Class
B
Units
15
Occupancy
100%
Price Per Unit
$366,667
Year Built
1960
Zoning
X2 - Apartment Precinct
Average Room Size
453 sqft
Floors
4
Parking Spots
4
Year Last Renovated
2024
Construction Status
complete
Roof
Composition, Other
CeilingHeight
260
Description

The Darlani is a charming building with a timeless, stunning tile facade in the heart of Waikiki with excellent income and covered parking. All units are separately metered for electric, one water meter, hollow tile construction, and nice, spacious units, each with its own patio/balcony. Huge penthouse with three beds and 14 one-bedrooms with 4 rentable parking spaces means this property has huge rental potential. Railings just redone, and building sparkles with pride of ownership. Coin laundry with owned machines for extra income.

Highlights
  • Total Units: 15
  • 14 One-Bed, 1 Three-Bed
  • Parking: 4
  • Zoning: X2-Apartment Precinct
  • Year Built: 1960
  • Land SQFT: 4,505
  • Interior SQFT: 6,792
Documents
Title
CIS_Standard_Addendum.pdf
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Location
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