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About This Home

This 0-bedroom, 1-bathroom condo at 134 Kapahulu Avenue unit: 518 in Honolulu, HI is listed for $450,000 ($1,240 per sqft). Built in 1963, the home offers 363 sqft of living space on a N/A lot.

Agent Description

Exceptional opportunity to own a legal short-term rental in Waikiki. Perfectly positioned on the Kapiolani Park/Honolulu Zoo side of Waikiki, this property offers guests unbeatable access to world-famous beaches, Diamond Head, dining, and outdoor activities.

This well-maintained unit features one of the larger floorplans, providing a comfortable and spacious layout that stands out from many other units in the development. With a proven track record of strong rental income and consistently high occupancy, this property presents an outstanding investment opportunity in the heart of Waikiki.

This unit offers an interior connecting door to adjoining Unit #519, which is also available for sale. Together, the two units can be combined to create one of the largest living spaces in the building, offering tremendous flexibility for investors seeking to maximize rental potential or owners who want the option of a larger Waikiki retreat.

Whether you're looking for a high-performing investment property or a versatile island getaway with income potential, this rare opportunity at the Waikiki Grand Hotel delivers location, flexibility, and proven returns.

Key Features

  • Built in 1963
  • 3 stories

Property Details

3 stories
1 full
1963

Amenities

View

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

134 Kapahulu Avenue unit: 518

Honolulu, HI 96815

WAIKIKI

Property Details

Flooring

Tile - Ceramic

Construction

Concrete

Views

City

Parking

On Street

Questions & Answers

This 0-bedroom, 1-bathroom condo at 134 Kapahulu Avenue unit: 518 is listed at $450,000 ($1,240/sqft). The estimated monthly payment is $1,950 based on 20% down at 6.5% interest.

Key features include: Built in 1963, 3 stories.

This property is listed by Michael Shower and can be reached at 8083754811 or michael.shower@compass.com.

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MS

Michael Shower

Agent at Compass

(808) 375-4811

Listed by Compass · View on Broker Site

MLS# 202605385· Source: listhub· Updated 30 days ago

Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

134 Kapahulu Avenue unit: 518, Honolulu, HI 96815

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