Two (2) studio units with separate entrances in one sale! Welcome to the Pacific Islander building, conveniently located in the heart of Waikiki. Nestled away from street noise and just a short walk to the world famous Waikiki beach, International Marketplace, Shops, Restaurants, Bus Stops and so much more. Both units are currently rented at $1,400/mo ($2,800/mo total) with amazing tenants and lease expirations of FEB & MAY 2024. Both units have been remodeled in 2020/2021 with all new cabinets, bathrooms, ceiling fans, backsplash, etc. The building has community laundry, storage space on select floors and parking stalls available for rent by waitlist. Bike/Moped/Motorcycle parking available. Pet friendly and secure building with new key fob system installed recently. Maintenance Fee includes Electricity, Water/Sewer, Hot Water & Basic Cable. Studio unit #603 a couple doors down the hall is also for sale (MLS 202316956), purchase all 3! Conventional financing can be acquired, Buyer to do their own due diligence and verify prior to submitting an offer. Take advantage of this amazing investment opportunity today!
Closed
$280,000
249 Kapili St APT 601A, Honolulu, HI 96815
1beds
454sqft
Condominium
Built in 1974
-- sqft lot
$272,000 Zestimate®
$617/sqft
$2,306 Estimated rent
Home value
$272,000
$242,000 - $302,000
$2,306/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jared Lathrop 808-425-7799,
RE/MAX Honolulu
Bought with:
Aida Macalutas, RS-32874
Pacific Hawaii Realty LLC
Source: HiCentral MLS,MLS#: 202316955
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Features
- Full Bath on Main Level
- Flooring: Ceramic Tile, Laminate
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 533
- Total interior livable area: 454 sqft
Property
Parking
- Parking features: Assigned, Garage, Secured
- Has garage: Yes
Features
- Levels: Three Or More,One
- Has view: Yes
- View description: City
- Frontage type: Other
Details
- Parcel number: 1260240410036
- Zoning description: X2 - Apartment Precinct
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
Materials
- Concrete
Condition
- Good Condition,Updated/Remodeled
- New construction: No
- Year built: 1974
- Major remodel year: 2021
Community & HOA
Community
- Features: Laundry Facilities, Storage Facilities
- Security: Key Card Entry
- Subdivision: Waikiki
HOA
- Services included: Common Areas, Cable TV, Electricity, Hot Water, Sewer, Water
- HOA fee: $1,179 monthly
Location
- Region: Honolulu
Financial & listing details
- Price per square foot: $617/sqft
- Tax assessed value: $280,500
- Annual tax amount: $947
- Date on market: 7/21/2023
- Inclusions: Cable TV, Ceiling Fan, Microwave, Refrigerator, Smoke Detector
- Total actual rent: 2800
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2023 | Sold | $280,000+12.4%$617/sqft |
Source:  HiCentral MLS #202316955 Report a problem | ||
| 7/29/2023 | Contingent | $249,000$548/sqft |
Source: HiCentral MLS #202316955 Report a problem | ||
| 7/22/2023 | Listed for sale | $249,000+31.1%$548/sqft |
Source: HiCentral MLS #202316955 Report a problem | ||
| 2/5/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/19/2023 | Listed for rent | $1,400+7.7%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/22/2021 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 7/18/2021 | Listed for rent | $1,300$3/sqft |
Source: RE/MAX International #202118918 Report a problem | ||
| 4/20/2021 | Sold | $190,000-4.5%$419/sqft |
Source: Agent Provided Report a problem | ||
| 4/5/2021 | Contingent | $199,000$438/sqft |
Source: HiCentral MLS #202027454 Report a problem | ||
| 10/21/2020 | Listed for sale | $199,000-11.6%$438/sqft |
Source: Coldwell Banker Realty #202027454 Report a problem | ||
| 6/15/2020 | Listing removed | $225,000$496/sqft |
Source: Coldwell Banker Pacific Prop. #202004676 Report a problem | ||
| 3/5/2020 | Listed for sale | $225,000+14.8%$496/sqft |
Source: Coldwell Banker Pacific Prop. #202004676 Report a problem | ||
| 8/27/2015 | Sold | $196,000$432/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $982 -2.2% | $280,500 -2.2% |
| 2024 | $1,004 +5.9% | $286,800 +5.9% |
| 2023 | $948 +64.1% | $270,800 +64.1% |
| 2022 | $578 -37.8% | $165,000 -37.8% |
| 2021 | $928 -9.7% | $265,200 -9.7% |
| 2020 | $1,028 +10.5% | $293,700 +10.5% |
| 2019 | $930 +4.6% | $265,700 +4.6% |
| 2018 | $889 -3.3% | $254,100 -3.3% |
| 2017 | $919 +1.6% | $262,700 +1.6% |
| 2016 | $905 +12.4% | $258,600 +12.4% |
| 2015 | $805 +8.1% | $230,000 +5% |
| 2014 | $744 | $219,000 |
Find assessor info on the county website
Neighborhood: Waikiki
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Nearby schools
GreatSchools rating
- 5/10President Thomas Jefferson Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 7/10President George Washington Middle SchoolGrades: 6-8Distance: 1.6 mi
- 3/10Kaimuki High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Jefferson
- Middle: Washington
- High: Kaimuki
Source: HiCentral MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Hawaii
- Honolulu County
- Honolulu
- 96815
- Waikiki
- 249 Kapili St Apartment 601A
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