209 Kaiulani Avenue $5,100,000

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    209 Kaiulani Avenue Honolulu, HI 96815

    • 0 Beds
    • 0 Baths
    • 7,511 sq.ft.
    • Multi-Family
    MLS# 201922929 | In Escrow Showing

    $5,100,000

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    Days On Market: 7 0 Views
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    Property Details

    IN ESCROW BEFORE LISTED. Irreplaceable TROPHY LOCATION at the corner of Kaiulani and Kuhio Avenues in the heart of Hawaii's #1 tourist destination, Waikiki. Below-market rents provide tremendous upside potential for a buyer! 7 on-site parking stalls (2 may not be to code) with ample additional street parking in the area. Extremely supply-constrained submarket with virtually no land available for development. Located in a strong rental market within Honolulu which has experienced 27% growth in rents over the past 5 years Sturdy brick construction. Possible conversion to condominium or student housing. Potential repositioning opportunity as a hospitality use through rezoning or conditional use permit. Some information is subject to confirmation from Seller.

    • General Features
      • Land Tenure FS - Fee Simple
      • Subdivision WAIKIKI
      • View None
      • Number Of Units Total 17
      • Year Built 1946
      • Sqft Total 7,511
      • SQFT Building 7,511
    • Building Features
      • Construction Materials Brick
      • Stories Type Three
      • Amenities None
      • Furnished Partial
      • Property Condition Fair
    • Property Features
      • Lot Size Area 5,292
      • Topography Level
      • Lot Features Other
      • Parking Total 7
      • Parking Features Covered
      • Utilities Internet, Other, Water
      • Sewer Connected

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    Neighborhood

    96815 (Honolulu) Demographics

    45Median Age
    14,008Population Density (per sq. mile)
    54%College Educated
    $57,484 Estimated Median Income
    5,775Estimated Total Home Owners
    8,027Estimated Total Renters
    42% / 58%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    26,839Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $400,000 Median Sales Price
    91 Homes Sold
    159 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $5,100,000
        8/15/2019 3:58:00 PM New in Database Source

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        Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. listings last updated on 8/23/2019 7:58:51 AM. All information is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's personal, non-commercial use to identify prospective properties consumers may be interested in purchasing. Copyright: 2019 by HiCentral MLS, Ltd.
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