254 Kaiulani Ave

Well-maintained multi-unit property ideally located in the core of Waikiki, offering strong income potential and long-term value. The solid hollow-tile structure features a classic tiled exterior and includes covered parking. Each unit is individually metered for electricity with a shared water meter, and all residences offer generous interior space with private lanais or patios. The property consists of one expansive 3-bedroom, 2-bath penthouse and fourteen 1-bedroom units. Interior upgrades have been completed throughout, including durable high-quality tile flooring, updated kitchens, and modernized bathrooms, along with newly refurbished railings. Additional monthly revenue is generated from leased coin-operated laundry machines and parking income.