209 Kaiulani Avenue $5,100,000

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    209 Kaiulani Avenue Honolulu, HI 96815

    Sold
    SOLD 12/11/2019

    $5,100,000

    • 0 Beds
    • 0 Baths
    • 7,511 sq. ft.
    • Multi-Family
    • MLS# 201922929
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    Views: 37

    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
      • Bathrooms 0
      • Land Tenure FS - Fee Simple
      • Number Of Units Total 17
      • SQFT Building 7,511
      • Sqft Total 7,511
      • Subdivision WAIKIKI
      • View None
      • Year Built 1946
    • Building Features
      • Construction Materials Brick
      • Amenities None
      • Stories Type Three
      • 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

    Neighborhood

    96815 (Honolulu) Demographics

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

    Market Last 30 Days In This Postal Code

    $355,000 Median Sales Price
    29 Homes Sold
    130 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        12/10/2019 10:00:00 PM Sold Source New Value: $5,100,000
        Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. listings last updated on 6/3/2020 7:59:17 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: 2020 by HiCentral MLS, Ltd.
        Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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        Cheryl Dillon, RB-18551, James W. Wright, RB-16206, 1-800-735-2100