The Ulu Team

$255,000$300,000 price reduced

134 Kapahulu Avenue #303

WAIKIKI · Honolulu · 96815 · MLS 202607299

  • 0beds
  • 1baths
  • 218living sqft
  • Condotype

Fully Renovated, Turnkey Legal Short-Term Rental Across from Queen’s Beach & Honolulu Zoo. Seller is open to creative financing options, including potential no-money-down structures on this turnkey investment. Welcome to this exceptional unit in the Waikiki Grand Hotel—legally permitted for short-term rentals and perfectly positioned in the heart of Waikiki. Fully furnished and turnkey, this high-performing vacation rental offers strong income potential and consistent occupancy, making it an ideal investment opportunity. Located directly across from the Honolulu Zoo, Kapiolani Park, and just steps from world-famous Waikiki Beach, this property sits in one of Oahu’s most sought-after visitor destinations—ensuring year-round demand. Thoughtfully renovated, the unit features split AC for enhanced comfort, contributing to positive guest experiences and maximizing rental performance. Enjoy access to resort-style amenities, including a pool, rooftop lounge with panoramic ocean views, spacious lobby, on-site restaurant, community laundry, and 24-hour security. This is a rare opportunity to own a proven, high-performing vacation rental in one of Waikiki’s most desirable locations.

Building & interior

Condition
Excellent · Updated Remodeled
Living area
218 sqft
Total area
269 sqft
Year built
1963
Renovated
2024
Stories
Three Or More
Floor
3
Parking
0 stalls
Furnished
Furnished
View
City

HOA & monthly fees

Maintenance fee
$918/mo
Total monthly fees
$918/mo
Fee includes
Common Areas · Cable Tv · Electricity · Hot Water · Sewer · Water
Owner-occupancy
Tenant-occupied

Construction & features

Flooring
Ceramic Tile
Construction
Concrete
Community
Community Pool · Deck Porch · Laundry Facilities · Patio · Pool · Recreation Area · Restaurant · Trash Chute · Condo Hotel Community
Security
Closed Circuit Cameras · Key Card Entry · Fire Sprinkler System · Security Guard

Tax & assessment

Annual property tax
$5,196/yr
Tax year
2025
Assessed — total
$360,800
Assessed — land
$83,800
Assessed — improvements
$277,000
TMK
1-2-6-027-031-0018
Zoning
X6 - Resort Mixed Use Precinct
Land tenure
Fee simple
Financing accepted
Cash · Conventional · Exchange1031

Price history

Original list
$300,000
Previous
$260,000
Current
$255,000

What's included

  • AC Split
  • Cable TV
  • Drapes
  • Kitchenware
  • Linens
  • Microwave
  • Refrigerator
  • Smoke Detector

Nearby

  • Pool
  • Restaurant
  • Management
  • Hot Water

Listed by Compass

Information is from the Honolulu MLS and sources deemed reliable but is not guaranteed. Square footage, lot size, taxes, permits, and land tenure should be independently verified. Not a solicitation of property already listed.

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