The Darlani is a charming building with a timeless, stunning tile facade in the heart of Waikiki with excellent income and covered parking. All units are separately metered for electric, one water meter, hollow tile construction, and nice, spacious units, each with its own patio/balcony. Huge penthouse with three beds and 14 one-bedrooms with 4 rentable parking spaces means this property has huge rental potential. Coin laundry with owned machines for extra income.

Construction Materials ConcreteHollow TileSlab Location Inside Lot Description Clear Other Parking None Parking AssignedCoveredOpen Parking Total 4 Property Frontage Other Roof CompositionOther Stories 4-7 Topography Level View Marina/CanalMountainOther

Elevators 0 Furnished Partial Laundry CoinDryerLeased EquipmentWasher Remodeled Year 2008 Sq Ft Building 6792

1 Bed Units 14 2 Bed Units 0 3 Or More Bed Units 1 Amenities None Annual Expenses 64992.00 Assessed Value Improvements 1295600.00 Assessed Value Land 1666400.00 Assessed Value Total 2962000.00 Building Type ApartmentsMulti Dwellings Disclosures 1031 ExchangePet On Property Documents Lease DocumentsP&LSurveyTitle Search Easements DrainageWater Expenses Include Excise TaxInsuranceMgmt FeeOtherProperty TaxRepair MaintenanceSewer Fee Flood Zone Zone Ae Foreclosure YN No Land Recorded Land Court Land Tenure Fs - Fee Simple Listing Financing CashConventionalExchange Management Company Self Managed Net Operating Income 217325.00 Other Income 151.42 Possession At ClosingSubject To Tenancy Property Condition Above Average Recreation Facilities None Set Backs C&COf Record Sewer Connected Special Sale Conditions None Studio Units 0 Tax Amount 631.90 Tax Annual Amount 7582.80 Tax Paid By Seller No Tax Year 2023 Tenant Pays Cable TvElectricityParking Total Actual Rent 23375.00 Total Income 282317.00 Utilities Available CableGasInternetOverhead ElectricityPublic WaterSewer FeeTelephoneWater Utilities Meters ElectricIndividualWater Zoning X2 - Apartment Precinct

Listings provided courtesy of Commercial Inv. Strategies: (808) 429-1098.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2023-10-02T15:58:51.847. Information is deemed reliable but not guaranteed. Copyright: 2023 by HiCentral MLS, Ltd.

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254 Kaiulani Avenue

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254 Kaiulani Avenue Honolulu, HI 96815

Property Description

Construction Materials	Concrete Hollow Tile Slab
Location	Inside
Lot Description	Clear
Other Parking	None
Parking	Assigned Covered Open
Parking Total	4
Property Frontage	Other
Roof	Composition Other
Stories	4-7
Topography	Level
View	Marina/Canal Mountain Other

Elevators	0
Furnished	Partial
Laundry	Coin Dryer Leased Equipment Washer
Remodeled Year	2008
Sq Ft Building	6792

1 Bed Units	14
2 Bed Units	0
3 Or More Bed Units	1
Amenities	None
Annual Expenses	64992.00
Assessed Value Improvements	1295600.00
Assessed Value Land	1666400.00
Assessed Value Total	2962000.00
Building Type	Apartments Multi Dwellings
Disclosures	1031 Exchange Pet On Property
Documents	Lease Documents P&L Survey Title Search
Easements	Drainage Water
Expenses Include	Excise Tax Insurance Mgmt Fee Other Property Tax Repair Maintenance Sewer Fee
Flood Zone	Zone Ae
Foreclosure YN	No
Land Recorded	Land Court
Land Tenure	Fs - Fee Simple
Listing Financing	Cash Conventional Exchange
Management Company	Self Managed
Net Operating Income	217325.00
Other Income	151.42
Possession	At Closing Subject To Tenancy
Property Condition	Above Average
Recreation Facilities	None
Set Backs	C&C Of Record
Sewer	Connected
Special Sale Conditions	None
Studio Units	0
Tax Amount	631.90
Tax Annual Amount	7582.80
Tax Paid By Seller	No
Tax Year	2023
Tenant Pays	Cable Tv Electricity Parking
Total Actual Rent	23375.00
Total Income	282317.00
Utilities Available	Cable Gas Internet Overhead Electricity Public Water Sewer Fee Telephone Water
Utilities Meters	Electric Individual Water
Zoning	X2 - Apartment Precinct