Hawaii Living

Pacific Islander #701A (Waikiki)

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Photo 1 of 249 Kapili St #701A, Honolulu
Photo 2 of 249 Kapili St #701A, Honolulu
Photo 3 of 249 Kapili St #701A, Honolulu

249 Kapili St #701A, Honolulu

Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly:
Bryan J Vukelich (R)
RB-23916
Halepuna Real Estate Hawaii
Phone: (808) 255-5356

Description
Lots of potential with this rare top floor 1 Bedroom/2 Bath "value add" opportunity at Pacific Islander. Property is being rented as two separate studios - each with their own entrance and full bath. Unit 701A has an updated kitchenette but both units have a lot of upside potential - tenants are paying below market rents - $1100/month each. Located in the heart of Waikiki, Pacific Islander is a pet friendly building and is just a short distance from Waikiki Beach as well as numerous shops and tasty restaurants. The building has community laundry and parking stalls are available for rent by waitlist. Bike/Moped/Motorcycle parking is also available. Maintenance Fee includes Electricity, Water/Sewer, Hot Water & Basic Cable and the building also has secured "key fob" entrance. Great opportunity rent out both units or live in one and earn rental income on the other.
Recent Activity
  • Dec 20, 2025 Listed at $241,700
  • Dec 20, 2025 Off Market
  • Nov 11, 2025 Price $241,700
  • Oct 18, 2025 Price $259,900
  • Aug 29, 2025 Price $267,700
  • Jul 20, 2025 Listed at $281,700
  • Jan 31, 2021 Sold for $145,000
  • Dec 07, 2020 Under Contract
  • Nov 27, 2020 Listed at $149,000
Recent Sales
(Pacific Islander)
  • #703: Studio | 1 Ba @ $177K (5/22/25)
  • #604: Studio | 1 Ba @ $157K (10/3/24)
  • #404: Studio | 1 Ba @ $180K (6/14/24)
  • #503: Studio | 1 Ba @ $199K (4/8/24)
  • #201A: 1 Bd | 2 Ba @ $265K (2/28/24)
  • #603: Studio | 1 Ba @ $195K (10/6/23)
  • #601A: 1 Bd | 2 Ba @ $280K (9/11/23)
  • #704: Studio | 1 Ba @ $189K (6/19/23)
  • #501A: 1 Bd | 2 Ba @ $245K (2/1/23)
  • #304: Studio | 1 Ba @ $165K (5/2/22)
  • #502: Studio | 1 Ba @ $150K (4/1/22)
  • #706: 1 Bd | 2 Ba @ $235K (12/3/21)
  • #504: Studio | 1 Ba @ $134K (4/23/21)
  • #205: Studio | 1 Ba @ $127K (4/1/21)
  • #701A: 1 Bd | 2 Ba @ $145K (1/29/21)
  • #505: Studio | 1 Ba @ $135K (9/2/20)
  • #602: Studio | 1 Ba @ $127K (1/30/20)
  • #203: Studio | 1 Ba @ $129K (7/26/19)
  • #303: Studio | 1 Ba @ $142K (6/22/18)
  • #204: Studio | 1 Ba @ $158K (10/6/17)
  • #702: Studio | 1 Ba @ $149K (5/31/17)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $3.22
  • Price / ft²: $532
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Electricity, Hot Water, Other Common Expenses, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • View: City
  • Furnished: None
  • Property Condition: Average,Fair
  • Owner Occupancy: 18%
  • Management Company: Hawaiiana
  • Security Features: Key
  • Amenities: Community Laundry
  • TMK: 1-2-6-24-41-44
  • Tax Assessed Land: $100,800
  • Tax Assessed Improvements: $180,600
  • Tax Assessed Total: $281,400
  • Courtesy: Halepuna Real Estate Hawaii
  • MLS: 202528167
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 January 26, 2026.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
Other Waikiki Condos
$250,000
Hawaiian Crown #702
1 Bd | 1 Ba
409 ft²
$225,000
Rosalei #402
1 Bd | 1 Ba
477 ft²
$264,000
Kuhio Village #607
Studio | 1 Ba
206 ft²
$265,000
Waikiki Marina Condominium #1601
Studio | 1 Ba
365 ft²
$289,000
Fairway Villa #1015
Studio | 1 Ba
364 ft²
$290,000
Hawaiian Monarch #1415
Studio | 1 Ba
223 ft²
  • Asking Price: $241,700
Description
Lots of potential with this rare top floor 1 Bedroom/2 Bath "value add" opportunity at Pacific Islander. Property is being rented as two separate studios - each with their own entrance and full bath. Unit 701A has an updated kitchenette but both units have a lot of upside potential - tenants are paying below market rents - $1100/month each. Located in the heart of Waikiki, Pacific Islander is a pet friendly building and is just a short distance from Waikiki Beach as well as numerous shops and tasty restaurants. The building has community laundry and parking stalls are available for rent by waitlist. Bike/Moped/Motorcycle parking is also available. Maintenance Fee includes Electricity, Water/Sewer, Hot Water & Basic Cable and the building also has secured "key fob" entrance. Great opportunity rent out both units or live in one and earn rental income on the other.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 26, 2026.Information is deemed reliable but not guaranteed.
    • Dec 20, 2025 Listed at $241,700
    • Dec 20, 2025 Off Market
    • Nov 11, 2025 Price $241,700
    • Oct 18, 2025 Price $259,900
    • Aug 29, 2025 Price $267,700
    • Jul 20, 2025 Listed at $281,700
    • Jan 31, 2021 Sold for $145,000
    • Dec 07, 2020 Under Contract
    • Nov 27, 2020 Listed at $149,000
    • 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
    $177,000
    Pacific Islander #403
    Studio | 1 Ba
    280 ft²
    $168,000
    Pacific Islander #402
    Studio | 1 Ba
    198 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.