1303 KALANIANAOLE ST #1 Hilo HI 96720
KEOKEA HOUSELOTS
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Tremendous opportunity to invest in a rarely available multi-unit vacation rental property just a block from the shoreline and beach. This 12 condo unit (CPR) property offers multiple opportunities. Currently there are 10 STVR permits in place with 6 units being utilized as short term rentals and the reminder 4 have long-term tenants. BUYERS MUST BE PREQUALIFIED PRIOR TO SETTING UP SHOWINGS Features and summary: - Sale includes 12 CPR units - 6 studio units upstairs/6 studio units downstairs - 10 STVR permits (maximum) in place - 6 units being utilized as STVRs/4 used as longterm rentals - Split AC in the 6 STVR studio rentals. - The 4 long-term units have not been renovated - 1 unit being utilized as office and laundry - 1 unit utilized as expansion to create double space rental for parties of 4 - Property serviced by sewer - Recent survey and report available - 6 active STVR units sold turnkey furnished - Propane tank on site. *One of the partners hold a real estate license in the State of California. *Artwork and Photographs on walls are excluded from sale and available to purchase on a separate bill of sale.
| LOCATION INFORMATION | |
|---|---|
Project: Plumeria Apartments |
District: South Hilo |
| Latitude: 19.73376873 | |
| Subdivision: KEOKEA HOUSELOTS |
| INTERIOR FEATURES | |
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| Laundry: Stacked Washer/Dryer | Appliances: Microwave, Refrigerator, Washer/Dryer Stacked |
| EXTERIOR FEATURES | |
|---|---|
| Zoning: V-.75 | Lot Size in Sq. Ft: 8492 |
| Road Description: County, Paved | |
| Lot Description: RARE!!! 12-unit STVR property one block from beach! | |
| Topography: Fairly Level | |
| FEATURES | |
|---|---|
| Additional Information | |
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Tax Key: 321014072 |
Property Type: HOUSE |
| Year Built: 1966 | Unit Description: Multi-Story, Walk-Up |
| Land Tenure: Fee Simple |
30 Year Fixed. 3.525% Interest Rate.
| Principal + Interest: | $ |
| Monthly Tax: | $ |
| Monthly Insurance: | $ 157 |
Listed by: COMPASS
Seller’s Representative:
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HIS data last updated at January 30, 2026 9:10 AM HAST