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New
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$18,500,000

For Sale

6 days ago

MLS® 202604570

0 Bed

0 Bath

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36 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size -
Garage No
Taxes $25,464
Days Active 6
Lot Size 
Approx. Age 1971
MLS® Number 202604570

Property Address: 412 Launiu St, Honolulu, HI, 96815-2244

Average square foot calculated using Size range provided by listing agent.

Description

This rare offering presents a stabilized, fee-simple investment opportunity featuring a total of 36 renovated units situated in the absolute heart of Waikiki. This building is high-density asset perfectly positioned to capture the district’s premium rental rates and offers a superior unit mix designed for maximum occupancy, including TWELVE 2-bedroom/2-bathroom units, EIGHTEEN 2-bedroom/1-bathroom units, and SIX 1-bedroom/1-bathroom units. Each residence has been updated to meet modern standards, providing a turnkey experience for the next owner with significantly reduced capital expenditure requirements compared to the area’s aging inventory. In addition to the robust residential rent roll, the property features an on-site laundromat with four coin-operated washers and dryers, generating consistent ancillary income. Property may differ from tax records; buyer to do their own due diligence.
MLS® Number202604570
Laundry LevelCoin Operated
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1971
Basement
DrivewayAssigned
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 26, 2026List Date
$18,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
412 Launiu St, Honolulu, HI

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