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412 Launiu Street, Honolulu, HI 96815

Honolulu
Local realty services provided by:CENTURY 21 Island Homes
412 Launiu Street,Honolulu, HI 96815
$18,500,000
  • - Beds
  • - Baths
  • 30,663 sq. ft.
  • Multi-family
  • Active
Listed by: peggy sy tong kong, hiroko o millerpeggyrealtyhawaii@gmail.com
Office: moana realty llc.
MLS#:202604570
Source:HI_HBR

Price summary

  • Price:$18,500,000
  • Price per sq. ft.:$603.33

About this home

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.

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Home facts

  • Year built:1971
  • Listing ID #:202604570
  • Added:1 day(s) ago
  • Updated:February 26, 2026 at 07:50 PM

Rooms and interior

  • Living area:30,663 sq. ft.

Heating and cooling

  • Cooling:Central Air

Structure and exterior

  • Year built:1971
  • Building area:30,663 sq. ft.
  • Lot area:0.21 Acres
  • Lot Features:Cleared, Level
  • Construction Materials:Concrete
  • Levels:Three or More

Schools

  • High school:Kaimuki
  • Middle school:Washington
  • Elementary school:Jefferson

Utilities

  • Water:Public
  • Sewer:Connected

Finances and disclosures

  • Price:$18,500,000
  • Price per sq. ft.:$603.33
  • Tax amount:$25,464

Features and amenities

  • Laundry features:Coin Operated, Dryer, Washer
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on February 26, 2026. Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd.

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