Hawaii Living

Pacific Islander #706 (Waikiki)

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249 Kapili St #706, Honolulu

Description
Excellent investment opportunity in Waikiki. Above average condition. Two studios rented separately with full baths. Each unit has its own separate entrance with common foyer. B unit has one open lanai. A unit has two open lanais. Great cross ventilation. Investment Property financing available for non owner occupants. PARKING ON WAITLIST Offers subject to tenant leases. Seller doing 1031 Exchange. Sale subject to replacement property.
Past Activity
  • Dec 03, 2021 Sold for $235,000
  • Aug 23, 2021 Under Contract
  • May 25, 2021 Listed at $255,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $2.32
  • Price / ft²: $506
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • View: City, Marina/Canal, Mountain, Ocean, Sunrise
  • Furnished: Full
  • Property Condition: Above Average,Excellent
  • Owner Occupancy: 11%
  • Management Company: Hawaiiana
  • Security Features: Card, Gated Community
  • Amenities: Community Laundry
  • TMK: 1-2-6-24-41-50
  • Tax Assessed Land: $248,600
  • Tax Assessed Improvements: $22,500
  • Tax Assessed Total: $271,100
  • Courtesy: Coldwell Banker Realty
  • MLS: 202109566
About Pacific Islander
  • Address: 249 Kapili St, Honolulu, HI 96815.
     
  • Built: 1974, 7 Floor, 38 Units, Studio & 1BR, Pets: OK (verify).
     
  • Amenities: None.
     
  • Short-term Vacation Renting: Not Allowed.

Pacific Islander, a Waikiki condo with community laundry, sits on a quiet side street less than half a block from Kuhio Ave, feeling secluded yet surrounded by rare open land on most sides.

Units
  • Studio/1BR (198 or 238 sq ft) and 1BR/2BA (454 or 464 sq ft).
  • Lanais (40-123 sq ft) offer views of Waikiki’s cityscape, Koolau Mountains, Ala Wai Canal,   ..... Read more.


The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 29, 2025.Information is deemed reliable but not guaranteed.
Other Pacific Islander Listings
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$199,000
Pacific Islander #403
Studio | 1 Ba
280 ft²
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$185,000
Pacific Islander #703
Studio | 1 Ba
238 ft²
Other Waikiki Condos
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$253,000
Waikiki Marina Condominium #1702
Studio | 1 Ba
386 ft²
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$239,000
441 Lewers St #401
Studio | 1 Ba
263 ft²
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$279,000
Hawaiian Monarch #2502
Studio | 1 Ba
223 ft²
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$280,000
Boulevard Tower #303
1 Bd | 1 Ba
506 ft²
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$223,000
Ainahau Gardens #311
Studio | 1 Ba
300 ft²
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$290,000
Waikiki Townhouse #1402
1 Bd | 1 Ba
590 ft²
  • Sold 12/3/21 at $235,000
    (List Price: $255,000)
Description
Excellent investment opportunity in Waikiki. Above average condition. Two studios rented separately with full baths. Each unit has its own separate entrance with common foyer. B unit has one open lanai. A unit has two open lanais. Great cross ventilation. Investment Property financing available for non owner occupants. PARKING ON WAITLIST Offers subject to tenant leases. Seller doing 1031 Exchange. Sale subject to replacement property.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 29, 2025.Information is deemed reliable but not guaranteed.
    • Dec 03, 2021 Sold for $235,000
    • Aug 23, 2021 Under Contract
    • May 25, 2021 Listed at $255,000
    • Address: 249 Kapili St, Honolulu, HI 96815.
       
    • Built: 1974, 7 Floor, 38 Units, Studio & 1BR, Pets: OK (verify).
       
    • Amenities: None.
       
    • Short-term Vacation Renting: Not Allowed.

    Pacific Islander, a Waikiki condo with community laundry, sits on a quiet side street less than half a block from Kuhio Ave, feeling secluded yet surrounded by rare open land on most sides.

    Units
    • Studio/1BR (198 or 238 sq ft) and 1BR/2BA (454 or 464 sq ft).
    • Lanais (40-123 sq ft) offer views of Waikiki’s cityscape, Koolau Mountains, Ala Wai Canal,   ..... Read more.


    Other Pacific Islander Listings
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    $199,000
    Pacific Islander #403
    Studio | 1 Ba
    280 ft²
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    $185,000
    Pacific Islander #703
    Studio | 1 Ba
    238 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.