Hawaii Living

Pacific Islander #601A (Waikiki)

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 In Escrow
  • Jul 22, 2023 Listed at $249,000
  • Apr 22, 2021 Sold for $190,000
  • Apr 05, 2021 In Escrow
  • Oct 20, 2020 Listed at $199,000
  • Jun 25, 2020 Withdrawn / Canceled
  • Jun 15, 2020 Temp. Withdrawn / Hold
  • Mar 13, 2020 Back to Active
  • Mar 09, 2020 In Escrow
  • Mar 04, 2020 Listed at
  • Aug 27, 2015 Sold for $196,000
  • Jul 30, 2015 In Escrow
  • Jul 22, 2015 Listed at $199,000
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
Good to Know
Address: 249 Kapili St, Honolulu, HI 96815.

About Pacific Islander
The Pacific Islander stands on a small side street, less than ½ block from Kuhio Avenue, yet seems to be miles away, so quiet and secluded is its location. That's not the only unique factor about this building. It is also bordered on almost every side by open land, a rarity in Waikiki. That may change, of course, but for now you enjoy distinctly clear surroundings.

The Pacific Islander condos are on the smaller side, making them most appropriate for singles or couples without children. The floor plans lay out as S  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 19, 2024. Information is deemed reliable but not guaranteed.
  • 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 April 19, 2024. Information is deemed reliable but not guaranteed.
    • Sep 11, 2023 Sold for $280,000
    • Jul 29, 2023 In Escrow
    • Jul 22, 2023 Listed at $249,000
    • Apr 22, 2021 Sold for $190,000
    • Apr 05, 2021 In Escrow
    • Oct 20, 2020 Listed at $199,000
    • Jun 25, 2020 Withdrawn / Canceled
    • Jun 15, 2020 Temp. Withdrawn / Hold
    • Mar 13, 2020 Back to Active
    • Mar 09, 2020 In Escrow
    • Mar 04, 2020 Listed at
    • Aug 27, 2015 Sold for $196,000
    • Jul 30, 2015 In Escrow
    • Jul 22, 2015 Listed at $199,000
    Address: 249 Kapili St, Honolulu, HI 96815.

    About Pacific Islander
    The Pacific Islander stands on a small side street, less than ½ block from Kuhio Avenue, yet seems to be miles away, so quiet and secluded is its location. That's not the only unique factor about this building. It is also bordered on almost every side by open land, a rarity in Waikiki. That may change, of course, but for now you enjoy distinctly clear surroundings.

    The Pacific Islander condos are on the smaller side, making them most appropriate for singles or couples without children. The floor plans lay out as S  .....
    Read more.
    Other Pacific Islander Listings
     
    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. However, the sale is still 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.