Hawaii Living

Pacific Islander #601A (Waikiki)

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Photo 1 of 249 Kapili St #601A, Honolulu

249 Kapili St #601A, Honolulu

Description
WOW! 2 FEE SIMPLE units for under $200,000 in Waikiki and priced below tax assessment! Great for investors! 2 separate studios each with its own kitchen, full bath and small lanai! Kitchen cabinets in both units recently upgraded. Rental policy in the building is 6 months or longer. Great income potential in such a desirable area! Building is secured and pet friendly. Close to Waikiki beach, International Market Place, bus line, shops and restaurants! May be able to finance with portfolio loan, no oven in unit so conventional financing may not be available. Seller financing available at 40% down. 7% interest for 5 years.
Past Activity
  • Sep 11, 2023 Sold for $280,000
  • Jul 29, 2023 Under Contract
  • Jul 22, 2023 Listed at $249,000
  • Apr 22, 2021 Sold for $190,000
  • Apr 05, 2021 Under Contract
  • Oct 20, 2020 Listed at $199,000
  • Jun 25, 2020 Off Market
  • Jun 15, 2020 Off Market
  • Mar 13, 2020 Back to Active
  • Mar 09, 2020 Under Contract
  • Mar 04, 2020 Listed at
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $2.46
  • Price / ft²: $419
  • 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, Sunrise
  • Property Condition: Average
  • Owner Occupancy: 13%
  • Management Company: Hawaiiana
  • Security Features: Card
  • Amenities: Community Laundry
  • TMK: 1-2-6-24-41-36
  • Tax Assessed Land: $248,600
  • Tax Assessed Improvements: $45,100
  • Tax Assessed Total: $293,700
  • Courtesy: Coldwell Banker Realty
  • MLS: 202027454
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 December 17, 2025.Information is deemed reliable but not guaranteed.
Other Pacific Islander Listings
$177,000
Pacific Islander #403
Studio | 1 Ba
280 ft²
$168,000
Pacific Islander #402
Studio | 1 Ba
198 ft²
$241,700
Pacific Islander #701A
1 Bd | 2 Ba
454 ft²
Other Waikiki Condos
$215,000
Ainahau Gardens #211
Studio | 1 Ba
300 ft²
$158,000
Pacific International #303
Studio | 1 Ba
215 ft²
$250,000
Hawaiian Monarch #815
Studio | 1 Ba
223 ft²
$250,000
Boulevard Tower #303
1 Bd | 1 Ba
506 ft²
$250,000
Hawaiian Crown #702
1 Bd | 1 Ba
409 ft²
$264,000
Kuhio Village #607
Studio | 1 Ba
206 ft²
  • Sold 4/20/21 at $190,000
    (List Price: $199,000)
Description
WOW! 2 FEE SIMPLE units for under $200,000 in Waikiki and priced below tax assessment! Great for investors! 2 separate studios each with its own kitchen, full bath and small lanai! Kitchen cabinets in both units recently upgraded. Rental policy in the building is 6 months or longer. Great income potential in such a desirable area! Building is secured and pet friendly. Close to Waikiki beach, International Market Place, bus line, shops and restaurants! May be able to finance with portfolio loan, no oven in unit so conventional financing may not be available. Seller financing available at 40% down. 7% interest for 5 years.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 17, 2025.Information is deemed reliable but not guaranteed.
    • Sep 11, 2023 Sold for $280,000
    • Jul 29, 2023 Under Contract
    • Jul 22, 2023 Listed at $249,000
    • Apr 22, 2021 Sold for $190,000
    • Apr 05, 2021 Under Contract
    • Oct 20, 2020 Listed at $199,000
    • Jun 25, 2020 Off Market
    • Jun 15, 2020 Off Market
    • Mar 13, 2020 Back to Active
    • Mar 09, 2020 Under Contract
    • Mar 04, 2020 Listed at
    • 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
    $177,000
    Pacific Islander #403
    Studio | 1 Ba
    280 ft²
    $168,000
    Pacific Islander #402
    Studio | 1 Ba
    198 ft²
    $241,700
    Pacific Islander #701A
    1 Bd | 2 Ba
    454 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.