412 Launiu Street, Honolulu, HI 96815

Search Listings

0 Beds

0 Bath

n/aSqFt

Active

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.

Property Details
Price $18,500,000
Total Baths 0
Lot Size Area 9064
Property Type Residential
MLS Sub type Multi Family
Year Built 1971
Subdivision WAIKIKI
View City
Lot Description Cleared,Level
Laundry Features Coin-operated
Parking Description Assigned
Parking Spaces 36
Geographic Data
County Oahu
Market Area Metro
Address Information
Address 412 Launiu Street, Honolulu, HI 96815
Postal Code 96815
City Honolulu
State HI
Country United States
Listing Information
Listing Office Moana Realty LLC
Listing Office Phone (808) 600-5221
Listing Office Email hirokomiller@gmail.com
Listing Agent Peggy SY Tong Kong
Listing Agent Phone (808) 729-7888
Attribution Contact peggyrealtyhawaii@gmail.com
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
School Information
Elementary School Jefferson
Middle School Washington
High School Kaimuki
MLS Information
Days on market 0
MLS Status Active
Listing Date Feb 26, 2026
Listing Last Modified Feb 26, 2026
Tax ID 1-2-6-017-022-0000
Tax Annual Amount 25464
MLS Area Metro
MLS # 202604570

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings data last updated on 2026-03-16T07:38:03.860017Z. Information is deemed reliable but not guaranteed. Listings data copyright by HiCentral MLS, Ltd.

Search listings

Work With Us