FOR SALE
Local Information
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Description
Prize property completely renovated with stellar income in Waikiki. Look no further for a turn-key investment in the heart of Waikiki with excellent walkability scores--shops and restaurants, transportation, and world-famous Waikiki Beach, blocks from this gem. Eleven one-bedroom units meticulously refurbished for maximum rentability and 100% occupied. All units separately metered for electricity and tenants pay their own. Owned coin laundry. Add'l income from parking fee included in rent. Buyer to accept existing survey to be provided in due diligence package with accepted offer.
Home Highlights
Parking
4 Parking Spaces
Outdoor
No Info
A/C
Contact Manager
HOA
No HOA Fee
Price/Sqft
$808
Listed
35 days ago
Home Details for 448 Kaiolu St
Active Status |
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MLS Status: Active |
Interior Features |
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Appliances & Utilities Utilities: Cable Connected, Internet, Phone Connected, Water Connected, Sewer Connected, Individual MeterAppliances: Dryer, WasherDryerLaundry: CoinWasher |
Gas & Electric Electric: Overhead Electricity, MeterHas Electric on Property |
Levels, Entrance, & Accessibility Number of Stories: 2Levels: Two |
View No ViewView: None |
Security Security: Secured Lobby |
Exterior Features |
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Exterior Home Features Roof: Custom Specialty |
Parking & Garage No CarportParking Spaces: 4Parking: Assigned,Other Parking (None) |
Frontage Frontage Type: Other |
Water & Sewer Sewer: Sewer Fee |
Surface & Elevation Topography: Level |
Days on Market |
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Days on Market: 35 |
Property Information |
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Year Built Year Built: 1953Year Renovated: 2024 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Apartments, Multi DwellingsArchitecture: Apartments,Multi Dwellings |
Building Construction Materials: Concrete |
Property Information Condition: ExcellentParcel Number: 1260170650000 |
Price & Status |
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Price List Price: $4,250,000Price Per Sqft: $808 |
Status Change & Dates Possession Timing: At Closing, Subject To Tenant Rights |
Location |
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Direction & Address City: HonoluluCommunity: Waikiki |
Agent Information |
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Listing Agent Listing ID: 202406965 |
Building |
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Building Area Building Area: 5258 Square Feet |
Lot Information |
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Lot Area: 6241 sqft |
Listing Info |
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Special Conditions: Land Tenure: FS - Fee Simple |
Offer |
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Listing Terms: Cash, Conventional |
Compensation |
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Buyer Agency Commission: 2Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Expense Tenant Pays: Cable TV, Electricity, Parking Fee |
Rental |
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Partially Furnished |
Miscellaneous |
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Mls Number: 202406965 |
Listing courtesy of Christina L Dwight, (808) 429-1098
Commercial Inv. Strategies
Source: HiCentral MLS, MLS#202406965
Price History for 448 Kaiolu St
Date | Price | Event | Source |
---|---|---|---|
03/25/2024 | $4,250,000 | Listed For Sale | HiCentral MLS #202406965 |
07/07/2023 | $3,205,000 | Sold | HiCentral MLS #202302793 |
06/13/2023 | $3,200,000 | Pending | HiCentral MLS #202302793 |
05/12/2023 | $3,200,000 | Contingent | HiCentral MLS #202302793 |
04/29/2023 | $3,200,000 | Listed For Sale | HiCentral MLS #202302793 |
05/15/1998 | $95,000 | Sold | N/A |
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Property Taxes and Assessment
Year | 2023 |
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Tax | |
Assessment | $2,435,300 |
Home facts updated by county records
Comparable Sales for 448 Kaiolu St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
---|---|---|---|---|---|---|---|
0.21 | Multi-Family Home | $1,875,000 | 06/30/23 | - | 4,180 | ||
0.38 | Multi-Family Home | $2,220,000 | 07/19/23 | - | 2,216 | ||
0.58 | Multi-Family Home | $2,300,000 | 11/09/23 | - | 4,208 | ||
0.55 | Multi-Family Home | $1,799,000 | 03/18/24 | 7 | 4 | 2,458 | |
0.62 | Multi-Family Home | $1,480,000 | 10/05/23 | - | 4,230 | ||
0.34 | Multi-Family Home | $1,650,000 | 10/06/23 | - | 1,440 | ||
0.67 | Multi-Family Home | $1,700,000 | 10/20/23 | - | 3,968 | ||
0.55 | Multi-Family Home | $1,675,000 | 09/18/23 | - | 2,508 | ||
0.84 | Multi-Family Home | $4,500,000 | 06/01/23 | - | 7,300 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Waikiki
- Bigalfredo13
- Resident
- 1mo ago
"Noisy and to much traffic especially garbage trucks in the early morning hours . A lot of block party and parades that close Kalākaua Ave and create traffic."
- Itkdsym
- Visitor
- 3mo ago
"The best attraction for your kids are the beach and museums not many other attractions around that are safe ir allow for kids under 2 years old"
- Kathy Rowley
- Visitor
- 4mo ago
"I do not know; I am not a dog owner and don’t plan on being one anytime soon. I do not know; I am not a dog owner and don’t plan on being one anytime soon. "
- Trulia User
- Visitor
- 1y ago
"Lots of people walking around at night, feels very safe and people are friendly. Very touristy area. Lots to do!"
- Trulia User
- Resident
- 1y ago
"Great area for fun and sun! Love the beach, mall, restaurants, and shopping! Fantastic place for families!"
- Trulia User
- Resident
- 1y ago
"pet owners not picking up animal excrement and not having required leash according to leash law. unsightly homeless community sleeping on sidewalk and places of business after hours at night,"
- Trulia User
- Visitor
- 2y ago
"The traffic is not so bad. But definitely a lot of people going to the Diamond Creater area. Overall, It sure looks like a very nice area/community. "
- Trulia User
- Visitor
- 2y ago
" It sure just visiting but I like the neighborhood. I would definitely buy property around here or around the neighborhood. Lots of restaurants and shopping stores,malls, shops and activities for the family. Lots of nice beaches "
- Trulia User
- Visitor
- 2y ago
"It’s got a family oriented atmosphere and still gives you that Hawaii island vibe since it’s down the street from Waikiki"
- Helene B.
- Resident
- 3y ago
"Riding my bike or walk everywhere. Nice area but noisy with traffic, people. Unfortunately a lot of homeless. "
- Tyesha C.
- Visitor
- 3y ago
"Waikiki gives you access to a lot of great shopping & restaurants. You do need a car of you don’t like walking. There is hourly parking garages all over downtown. You’re in walking distance from the beach. If you have a family of 3 more more you may not want to live downtown. There are a lot of homeless people around, be mindful of your surroundings. "
- Dean C.
- Resident
- 3y ago
"The bus line is just steps from my front door. The city’s bus system is wonderful and will take you anywhere around the island for just a few dollars"
- Dean C.
- Resident
- 3y ago
"Many condos in Waikiki have a “no pets” policy. Unfortunately, Honolulu is behind the curve in this regard. However, there are some beautiful green spaces to walk your dog. "
- Ashtonmooney808
- Resident
- 3y ago
"I’ve lived in Waikiki for 3 years and have been in and out of places all over the island I love the island in general, Waikiki is a great places to celebrate and have a great time any holiday family time or gathering, I personally don’t recommend it because of how small it is and easy packed it can get traffic can be difficult and there has a been a lot of documented thefts here in Waikiki being targeted towards “tourists”"
- Fox.natasha
- Resident
- 3y ago
"It’s close to everything from ocean, parks, restaurants, shops, and public transportation. Convenient. "
- Trulia User
- Resident
- 3y ago
"Kalakaua Ave. parades. longboard competitions, street artists on side walk, Kalakaua closure for bikes. "
- Jason B.
- Resident
- 3y ago
"There are alot of homeless people and drug users on the streets. Beautiful area, just be aware of where your children are."
- J Kim
- Resident
- 3y ago
"Fun living here for sure. So many nice restaurants and shops. Near to beach’s and parks. Sometimes I get tired of busy vacation seasons and people from all over the places but it is still my favorite place to live. "
- Lennard
- Resident
- 4y ago
"waikiki is a very dog friendly area w lots of dogs in the neighborhood and lots of green space and parks to walk them down"
- Spraytanabby
- Resident
- 4y ago
"Parades, street fairs, farmers markets, surfing, shopping, plenty of Biki bikes to ride, and hotels to walk through "
- A C.
- Prev. Resident
- 4y ago
"No place for kids Noisy and busy Touristy to the point that is all there is. Nice shopping and restaurants "
- Joannagnew
- Resident
- 4y ago
" schools within walking distance, walking distance grocery stores and stores. free available parking and close parks. "
- Dawn M.
- Visitor
- 4y ago
"I don't know enough about the neighborhood!... I haven't really seen children in this neighborhood as I've driven or walked through. "
- Szamosi A.
- Resident
- 4y ago
"Very easy and fairly quick on a moped. Public transportataion is also very common and I sometimes use bikis"
- Deedeethyssen
- Resident
- 4y ago
"I love seeing all the people waking the dogs. Great variety of dogs. The Ala Wai is perfect to walk the dogs and to run"
- Sean S.
- Resident
- 4y ago
"Lots of bars you can walk to, a good mix of various cultures, and an odd mix of locals and tourists "
- Leticia M.
- Visitor
- 4y ago
"In a centralized location or in a mall in the community area. There are lots of tourist around so most all of the events are catered towards them. "
- Sam M.
- Resident
- 4y ago
"Hi! I live and work in Waikiki. I love living here, I’m in the middle of everything and can get anywhere easily. I like to go to bars and meet with friends. The beach is super close as well! I’ve closer to downtown Honolulu than diamond head, so my neighborhood is terry safe. The closer you get to the zoo, the less safe after 10 it is. "
- Jeffandros
- Visitor
- 4y ago
"A game of dodge ball, impatient risk-loving drivers, chronic construction. Congested intersections. Tight parking. Ug."
- Lisa K.
- Resident
- 5y ago
"I I wish I can own a dog most apartments don't let you have dogs and if they do let you have dogs you have to pay $500 for a deposit and I just can't do that so I love dogs and I like my neighbors to have dogs and I would like to have a dog but just doesn't seem not to mention I'm blind and I don't need a seeing eye dog because I use a cane and I get around just fine aloha and thank you"
- Cherisemusselman
- Resident
- 5y ago
"I’ve lived in this neighborhood for several years and it’s always changing with new businesses and eateries. It’s nice with the beach being only a few blocks away no matter where you live in Waikiki. Also, Ala Moana Mall and Walmart are within walking/biking distance. "
- Cherise M.
- Resident
- 5y ago
"I see dogs being walked all the time in my area. It’s definitely a very dog friendly area with a lot of friendly dog owners who enjoy mingling with each other so their dogs can have doggy friends. "
- Niki K.
- Resident
- 5y ago
"Waikiki is great because you are in walking distance of everything you need and more. There's markets, the beach, the mall, shopping outlets, the gym, parks, clubs, etc."
- Beloved_al
- Resident
- 6y ago
"Everything is really close. The canal is a nice feature is u have a balcony over looking it. The beach is really close. So many restaurants. Lots of bike rentals. A park nearby. Mall nearby. Easier to walk around here than drive if u live really close. Parking is a nightmare."
- Noriko B.
- Visitor
- 6y ago
"I own an unit in this area and visiting a few times a year. Neighbors are friendly, streets are safe most of times. Beach is right there. Lots of shops and restaurants."
- outsunfun
- 9y ago
"the best area work, play and enjoy swimming in the ocean,"
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Christina L Dwight, Commercial Inv. Strategies
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2024-01-26 09:46:49 PST. Information is deemed reliable but not guaranteed.
Copyright 2024 HiCentral MLS, Ltd
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.