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 OtherReinforced Concrete Floor Number 4 Loading None Parking AssignedOn Site Parking Total 4 Property Frontage Other Roof CompositionOther Stories 4-7

Cooling None Floors Concrete Sq Ft Other 0 Sq Ft Total 6792

Amenities None Annual Expenses 64992.00 Assessed Value Improvements 1295600.00 Assessed Value Land 1666400.00 Assessed Value Total 2962000.00 Building Name N/A Business Type Condo/Apt Disclosures None Documents Lease DocumentsP&LTitle Search Easements DrainageWater Expenses Source Owner Flood Zone Zone Ae Foreclosure YN No Income Source Owner Land Recorded Land Court Land Tenure Fs - Fee Simple Lease Type CashExchangeOther Listing Financing Month To Month Management Company Self Managed Net Operating Income 217325.00 Other Income 151.42 Property Condition Above Average Property Type 96815 Sewer Connected Special Sale Conditions None Tax Amount 631.90 Tax Annual Amount 7582.80 Tax Paid By Seller No Tax Year 2023 Tenant Pays ElectricityOther Total Actual Rent 23375.00 Total Income 282317.00 Utilities Available GasLight ElectricityOtherSmall Water Meter 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 2023-10-02T16:58:49.387. 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	Other Reinforced Concrete
Floor Number	4
Loading	None
Parking	Assigned On Site
Parking Total	4
Property Frontage	Other
Roof	Composition Other
Stories	4-7

Amenities	None
Annual Expenses	64992.00
Assessed Value Improvements	1295600.00
Assessed Value Land	1666400.00
Assessed Value Total	2962000.00
Building Name	N/A
Business Type	Condo/Apt
Disclosures	None
Documents	Lease Documents P&L Title Search
Easements	Drainage Water
Expenses Source	Owner
Flood Zone	Zone Ae
Foreclosure YN	No
Income Source	Owner
Land Recorded	Land Court
Land Tenure	Fs - Fee Simple
Lease Type	Cash Exchange Other
Listing Financing	Month To Month
Management Company	Self Managed
Net Operating Income	217325.00
Other Income	151.42
Property Condition	Above Average
Property Type	96815
Sewer	Connected
Special Sale Conditions	None
Tax Amount	631.90
Tax Annual Amount	7582.80
Tax Paid By Seller	No
Tax Year	2023
Tenant Pays	Electricity Other
Total Actual Rent	23375.00
Total Income	282317.00
Utilities Available	Gas Light Electricity Other Small Water Meter
Zoning	X2 - Apartment Precinct