For sale

$450,000

Est. $4,284/mo —

Studio

•

363

sq ft

134 Kapahulu Ave #518, Honolulu, HI 96815

About this home

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.

CondoProperty Type

1963Year Built

7,231 sq ftLot Size

$1,240Price/Sq.Ft.

$1,244/moHOA Dues

Listed by Michael Shower • Compass

Contact: (808) 825-4277

Listing updated: Mar 11, 2026 at 11:29am

Redfin checked: a minute ago

•Source:HiCentral MLS #202605385

Payment calculator

$4,284 per month

Principal and interest$2,456

Property taxes

HOA dues

Home insurance

Utilities

5 minutes to get started. No credit impact.

Affordability tools

See this home in person

Open houses

No upcoming open houses.

Nearby open houses (10)

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5 beds4 baths2,034 sq ft
2115 Coyne St, Honolulu, HI 96826
7,350 sq ft lot • 6 parking spots • Built 1986
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308 Kekupua Pl, Honolulu, HI 96825
5,396 sq ft lot • 2 garage spots • Built 1967
REDFIN OPEN SUN, 2PM TO 5PM3D WALKTHROUGH
$560,000
2 beds2 baths1,024 sq ft
2233 Ala Wai Blvd Unit 5B, Honolulu, HI 96815
$1,682 HOA • Parking • Community pool
REDFIN OPEN SUN, 2PM TO 5PM3D & VIDEO TOUR
$1,875,000
4 beds2 baths2,079 sq ft
1188 Akuila Pl, Kailua, HI 96734
6,087 sq ft lot • 2 garage spots • Built 1972
OPEN SUN, 2PM TO 5PM
$1,800,000
2 beds2 baths1,896 sq ft
44-122 Ikeanani Dr #4, Kaneohe, HI 96744
0.26 acre lot • 2 garage spots • Built 1994
OPEN SUN, 2PM TO 5PM
$240,000
Studio1 bath396 sq ft
3045 Ala Napuaa Pl #1302, Honolulu, HI 96818
$658 HOA • Parking • Community pool
OPEN SUN, 2PM TO 5PM3D WALKTHROUGH
$1,599,000
5 beds3 baths2,075 sq ft
1898-A Iwi Way, Honolulu, HI 96816
6,697 sq ft lot • 2 garage spots • Pool
OPEN SUN, 2PM TO 5PM3D WALKTHROUGH
$580,000
2 beds2 baths782 sq ft
801 S King St #3303, Honolulu, HI 96813
$1,002 HOA • Garage • Community pool
OPEN SUN, 2PM TO 5PM3D WALKTHROUGH
$410,000
2 beds2 baths665 sq ft
712 Kamuela Ave #304, Honolulu, HI 96816
$891 HOA • Parking • Built 1969
OPEN SUN, 2PM TO 5PM
$3,490,000
3 beds2 baths2,156 sq ft
4586 Aukai Ave, Honolulu, HI 96816
9,750 sq ft lot • 2 garage spots • Pool

Around this home

Schools

K - 12
Preschool & daycare

President Thomas Jefferson Elementary School

Public PreK-5 • Assigned • 0.2mi

7/10

President George Washington Middle School

Public 6-8 • Assigned • 1.9mi

7/10

Kaimuki High School

Public 9-12 • Assigned • 1.0mi

3/10

Provided by GreatSchools

About

Waikiki

Waikiki, located between Ala Moana Beach Park and Diamond Head, is a resort and residential Honolulu neighborhood with a beachfront promenade and high-rise skyline. The neighborhood’s energy concentrates around Kalākaua Avenue at Kūhiō Avenue, where surf shops, local boutiques, open-air lanais, and late-night eateries set the pace. The Royal Hawaiian Center, Waikiki Shell, and Duke’s Waikiki act as cultural and social pillars. Mid-century hotels and glassy condo towers line the canal and oceanfront, while pocket parks break up the blocks. Kapiʻolani Park frames the east end with lawns, banyan shade, and ocean views. The Ala Wai Canal edges the inland side with paths and marina activity.

Provided by Walk Score and Local Logic

Offer insights

134 Kapahulu Ave #518 · $450,000

Strong offer

$447K and above

75% chance or better to win

Why $447K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 105 days.

SALE-TO-LIST

Most homes are selling 3% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Furnished
Ceramic tile flooring
Good condition with updates/remodeling

Bathrooms
1 full bathroom

Flooring
Ceramic tile

Sale and tax history for 134 Kapahulu Ave #518

Sale History
Tax History

Date

Event

Price

HiCentral MLS #202605385

Mar 10, 2026

Listed

$450,000

$1,240/sq ft

HiCentral MLS #202501990

Feb 26, 2026

Listing Removed

—

Jan 14, 2025

Listed

$500,000

$1,377/sq ft

HiCentral MLS #201704495

May 31, 2017

Sold

$280,000

$771/sq ft

Apr 21, 2017

Pending

—

Mar 7, 2017

Price Changed

$289,000

$796/sq ft

Feb 24, 2017

Listed

$295,000

$813/sq ft

HiCentral MLS #201603362

Jan 30, 2017

Listing Removed

—

Feb 11, 2016

Listed

$295,000

$813/sq ft

HiCentral MLS #201511159

Jan 30, 2016

Listing Removed

—

Jul 6, 2015

Listed

$295,000

$813/sq ft

HiCentral MLS #2507806

Nov 3, 2005

Listing Removed

—

May 3, 2005

Listed

$249,500

$687/sq ft

Public Records

Sep 30, 2005

Sold

$249,000

$686/sq ft

HiCentral MLS #2401496

Apr 14, 2004

Sold

$167,000

$460/sq ft

Feb 4, 2004

Listed

$169,500

$467/sq ft

HiCentral MLS #2302387

Jun 25, 2003

Listing Removed

—

Feb 23, 2003

Listed

$165,000

$455/sq ft

Public Records

Jan 9, 2002

Sold

$3,927,528

$10,820/sq ft

Public Records

Jan 9, 2002

Sold

$29,447

$81/sq ft

Public Records

Sep 14, 2001

Sold

$900,000

$2,479/sq ft

Public Records

Jun 1, 2000

Sold

$61,000

$168/sq ft

Public Records

Aug 1, 1978

Sold

$47,400

$131/sq ft

Year

Property tax

Land + Additions

Assessment*

2022

$4,783 (+15.3%)

$113,500 + $220,100

$333,600

2021

$4,150 (−2.9%)

$113,500 + $220,100

$333,600

2020

$4,272 (+5.6%)

$113,500 + $176,400

$289,900

2019

$4,045 (+7.3%)

$113,500 + $184,700

$298,200

2018

$3,769 (+21.6%)

$94,600 + $187,500

$282,100

2017

$3,099 (+7.8%)

$82,000 + $199,900

$281,900

2016

$2,875 (+10.5%)

$63,100 + $168,300

$231,400

2014

$2,602 (+33.2%)

$44,200 + $153,900

$198,100

2013

$1,953 (+4.4%)

$34,700 + $159,500

$194,200

2012

$1,872

$33,100 + $118,300

$151,400

Public record

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Finished Sq. Ft.

363

Unfinished Sq. Ft.

—

Total Sq. Ft.

363

Year built

1963

Style

Condo/Co-op

County

Honolulu County

APN

1 2 6 027 031 0076

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Mar 8, 2023.

About this building

12 for sale

134 Kapahulu Ave Honolulu, HI, 96815

See photos & sale trends

Photo via 134 Kapahulu Ave #800

Units for sale


PK31	$80,000	0 baths	— sq ft
220	$140,000	1 bath	363 sq ft
303	$255,000	1 bath	218 sq ft
907	$260,000	1 bath	195 sq ft
700	$265,000	1 bath	271 sq ft
917	$320,000	1 bath	236 sq ft
602	$339,000	1 bath	243 sq ft
802	$345,000	1 bath	243 sq ft
801	$349,000	1 bath	243 sq ft
518	$450,000	1 bath	363 sq ft

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

Fire Factor

We're working on getting current and accurate fire risk information for this home.

Heat Factor

We're working on getting current and accurate heat risk information for this home.

Wind Factor

We're working on getting current and accurate wind risk information for this home.

1/10 Air Factor

Minimal risk of unhealthy air over next 30 years

Provided by First Street

Historical weather

Honolulu, HI • 96815

Average low and high temperatures (°F)

79°

71°

79°

70°

79°

71°

81°

73°

82°

74°

83°

75°

84°

76°

83°

76°

84°

76°

83°

75°

80°

73°

80°

72°

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

64/ 100

Moderate sunlight

Sunscore

There appears to be some shading by surrounding buildings, terrain, and vegetation.

4.1 hrs

5.2 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 134 Kapahulu Ave #518

$432,560

$17K under list price of $450K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $312K to $560K.

SOLD JUL 31, 2026
$414,000 Last sold price
Studio1 bath356 sq ft
2572 Lemon Rd #610, Honolulu, HI 96815
$77/sq ft
larger lot
16 years newer
SOLD JUN 30, 2026
$312,000 Last sold price
Studio1 bath363 sq ft
134 Kapahulu Ave #618, Honolulu, HI 96815
$380/sq ft
SOLD AUG 14, 2026
$400,000 Last sold price
1 bed1 bath365 sq ft
2551 Cartwright Rd #304, Honolulu, HI 96815
$144/sq ft
2 years newer
SOLD NOV 10, 2026
$560,000 Last sold price
1 bed1 bath533 sq ft
201 Ohua Ave Unit 711-T2, Honolulu, HI 96815
$189/sq ft
larger lot
14 years newer
SOLD FEB 19, 2026
$325,000 Last sold price
Studio1 bath384 sq ft
134 Kapahulu Ave #822, Honolulu, HI 96815
$394/sq ft
SOLD NOV 9, 2026
$550,000 Last sold price
1 bed1 bath546 sq ft
229 Paoakalani Ave #3511, Honolulu, HI 96815
$233/sq ft
larger lot
16 years newer

Rental earnings

Est. $1,614 per month, based on comparable rentals

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