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2406 Kuhio Ave 15 Unit Apartment Building $4,888,000 ($325,867/Unit) Honolulu, HI 96815
Investment Highlights
- PRIME LOCATION IN THE MIDDLE OF WAIKIKI! 2 Blocks to WAIKIKI BEACH
- NEW ROOF in 2018
- Property has been CPR'd into 15 units.
- Secured & Gated.
Executive Summary
15- LARGE Studio Units (417sf - 558sf each). PRIME LOCATION in the MIDDLE OF WAIKIKI.
3-story Concrete Apartment Building (Mixed Use Zoning; Residential/Commercial use). Property has been CPR'd into 15 individual units. 1 unit is currently leased to a commercial tenant; all others are operated as residential. 3-4 parking stalls. Secured entry to property,. Coin Op laundry on site each floor. NEW ROOF in 2018.
3-story Concrete Apartment Building (Mixed Use Zoning; Residential/Commercial use). Property has been CPR'd into 15 individual units. 1 unit is currently leased to a commercial tenant; all others are operated as residential. 3-4 parking stalls. Secured entry to property,. Coin Op laundry on site each floor. NEW ROOF in 2018.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $4,888,000 | Lot Size | 0.13 AC |
| Price Per Unit | $325,867 | Building Size | 6,777 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 15 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1957 |
| Property Subtype | Apartment | Parking Ratio | 0.44/1,000 SF |
| Apartment Style | Low-Rise | Cross Streets | Kaiulani Avenue |
| Building Class | C | ||
| Zoning | U/X2/12 - Apartment-Mixed Use. Commercial Usage allowed in ground floor units. | ||
| Price | $4,888,000 |
| Price Per Unit | $325,867 |
| Sale Type | Investment |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 6,777 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1957 |
| Parking Ratio | 0.44/1,000 SF |
| Cross Streets | Kaiulani Avenue |
| Zoning | U/X2/12 - Apartment-Mixed Use. Commercial Usage allowed in ground floor units. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 15 | - | 416 - 558 |
1 1
Walk Score®
Walker's Paradise (92)
Bike Score®
Biker's Paradise (97)
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,268,000 | |
| Land Assessment | $2,062,500 | Total Assessment | $4,330,500 |
Property Taxes
Parcel Numbers
Land Assessment
$2,062,500
Improvements Assessment
$2,268,000
Total Assessment
$4,330,500
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2406 Kuhio Ave
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