Discover a rare investment gem at 448 Kuamoo Street, Waikiki-where undeniable location meets dependable income. This well-maintained, six-unit walk-up building on a quiet one-way street offers a flexible floor plan and powerful passive income potential, with upgrades already in place and convenient amenities like washers, dryers, and four covered parking slots. Nestled just a quick stroll from legendary Waikiki Beach, Kalakaua Avenue's upscale boutiques, and diverse dining options, this property thrives amid Honolulu's tourism and prosperity. With a competitive listing price below market replacement value and solid assessed value behind it, the stage is set for appreciation and almost immediate cash flow. For those seeking mid-term leases to tourism industry professionals, you'll tap into a broad tenant base drawn by walkability, schools, and the unmistakable Waikiki lifestyle. If you're aiming to own a piece of paradise that pays, 448 Kuamoo St is your next standout asset.
Property Features
Bathrooms
Appliances
- Laundry Features: Coin-operated
Heating and Cooling
- Cooling Features: Central Air
Land Info
- Lot Description: Cleared, Interior Lot, Level
- Topography: Level
Garage and Parking
- Parking Features: Assigned, Covered, Open
- Parking Total: 4
Home Features
Multi-Unit Info
Rental Info
- Tenant Pays: Air Conditioning, Cable TV, Electricity, Gas, Parking Fee
Other Property Info
- Annual Tax Amount: 6612
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Area: Metro
- Source Neighborhood: WAIKIKI
- Parcel Number: 1-2-6-015-038-0000
- Postal City: Honolulu
- Subdivision: WAIKIKI
- Zoning Description: X2 - Apartment Precinct
- Property Subtype: Multi Family
Commercial Info
- Net Operating Income: 107801
- Operating Expense: 15799
- Operating Expense Includes: Insurance, Real Estate Tax
Building and Construction
- Year Built: 1938
- Building Area Total: 2706
- Construction Materials: Masonry, Stucco
- Levels: Two
- Property Age: 87
- Property Condition: Excellent, Good Condition
- Levels or Stories: 2
- Structure Type: Apartment
- Year Built Effective: 1965
Utilities
- Sewer: Connected
- Cable Available
- Electricity Available
- High Speed Internet Available
- Sewer Available
- Underground Utilities
- Sewer Connected