Hawaii Living

Rainbow Terrace #405 (Kapiolani)

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Photo 1 of 2873 King St #405, Honolulu

2873 King St #405, Honolulu

Description
Excellent location! Spacious, breezy, move-in ready 1bdrm/1ba unit & 1 partially covered parking directly fronting secured elevator. Centrally located with easy access to bus lines, freeway, Waikiki & beaches, UH Manoa, parks, schools, Ala Moana Shopping Center, great dining and must try hole-in-the-wall eateries nearby. Located just a block away from Market City shopping center with Foodland Market and CVS pharmacy. Secured bldg, set back from the main road and surprisingly quiet! 2 washer/dryers located on every floor.
Past Activity
  • May 19, 2021 Sold for $265,000
  • Apr 22, 2021 Under Contract
  • Apr 16, 2021 Price $275,000
  • Mar 05, 2021 Listed at $285,000
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.75
  • Price / ft²: $465
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Gas, Hot Water, Other Common Expenses, Sewer, Water
  • Zoning: 32 - B-2 Community Business Dis
  • Flood Zone: Zone X
  • Elementary School: Kuhio
  • High School: Kaimuki
  • Property Condition: Above Average,Excellent
  • Owner Occupancy: 25%
  • Management Company: Hawaiiana
  • Security Features: Keyed Elevator
  • Amenities: Community Laundry, Trash Chute
  • TMK: 1-2-7-27-28-26
  • Tax Assessed Land: $196,500
  • Tax Assessed Improvements: $81,400
  • Tax Assessed Total: $277,900
  • Courtesy: BHGRE Advantage Realty
  • MLS: 202105113
About Rainbow Terrace

Rainbow Terrace, located at the eastern edge of Moiliili near Kapahulu, Kaimuki, and the University of Hawaii, has a photovoltaic system to help offset energy use. Units are 1BR/1BA with 570 sq ft interiors and lanais of 60 or 80 sq ft, offering views of the city skyline, Manoa Valley, and the Koolau Mountains. 

Other Condos


  ... Read more
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 13, 2026.Information is deemed reliable but not guaranteed.
Other Rainbow Terrace Listings
$311,000
Rainbow Terrace #203
1 Bd | 1 Ba
570 ft²
Other Kapiolani Condos
$265,000
2765 Kapiolani #107
1 Bd | 1 Ba
399 ft²
$298,000
Rainbow Place #702
1 Bd | 1 Ba
540 ft²
$299,000
Hale Hoaloha #307
1 Bd | 1 Ba
596 ft²
$299,000
Hono Hale Towers #B23
1 Bd | 1 Ba
465 ft²
$300,000
University Plaza #308
1 Bd | 1 Ba
642 ft²
$285,000
Regency Tower #2303
Studio | 1 Ba
400 ft²
  • Sold 5/19/21 at $265,000
    (List Price: $275,000)
Description
Excellent location! Spacious, breezy, move-in ready 1bdrm/1ba unit & 1 partially covered parking directly fronting secured elevator. Centrally located with easy access to bus lines, freeway, Waikiki & beaches, UH Manoa, parks, schools, Ala Moana Shopping Center, great dining and must try hole-in-the-wall eateries nearby. Located just a block away from Market City shopping center with Foodland Market and CVS pharmacy. Secured bldg, set back from the main road and surprisingly quiet! 2 washer/dryers located on every floor.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 13, 2026.Information is deemed reliable but not guaranteed.
    • May 19, 2021 Sold for $265,000
    • Apr 22, 2021 Under Contract
    • Apr 16, 2021 Price $275,000
    • Mar 05, 2021 Listed at $285,000

    Rainbow Terrace, located at the eastern edge of Moiliili near Kapahulu, Kaimuki, and the University of Hawaii, has a photovoltaic system to help offset energy use. Units are 1BR/1BA with 570 sq ft interiors and lanais of 60 or 80 sq ft, offering views of the city skyline, Manoa Valley, and the Koolau Mountains. 

    Other Condos


      ... Read more
    Other Rainbow Terrace Listings
    $311,000
    Rainbow Terrace #203
    1 Bd | 1 Ba
    570 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.
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