About This Home

This 12-bedroom, 12-bathroom condo at 1303 KALANIANAOLE AVE #12 in Hilo, HI is listed for $1,999,888 ($516 per sqft). Built in 1966, the home offers 3,876 sqft of living space on a 0.19 acres lot.

Key Features

  • Built in 1966
  • 0.19 acre lot
  • 2 stories

Property Details

2 stories
12 full
#12
1966

Amenities

A/C
Listing Description

Amazing opportunity to own a one of a kind Hotel V-zoned -12 studio unit vacation rental along the beach corridor in Hilo , Hawai'i located just up the street from Chalk's Beach. Build your own Multi use options: - Live on property and self manage up to 10 vacation rental studios - Or live offsite and self manage for rental revenue.

- Purchase as investment with hands off rental with current turnkey management - Own your own condo complex- Purchase and sell off individual units - All have a separate CPR /TMK numbers - Rent both long and/or short term The possibilities are tremendous!!!

Currently there are 10 STVR permits, One unit used as office and laundry and one as a expandable lock out unit. 7 units are currently in vacation rental program and 4 being used a long term rentals. Do not miss this one-of-a-kind opportunity to build your legacy in Hawaii. . One Seller holds an active real estate license in the State of California.

Monthly Cost Estimate

$10,696/mo

20% down · 6.5% · 30 years

Principal$1,446
Interest$8,666
Insurance$583

Estimates only. Actual payments may vary.

Location

1303 KALANIANAOLE AVE #12

Hilo, HI 96720

KEOKEA HOUSELOTS

Property Details

Flooring

Carpet

Parking

Assigned

Heating

Zoned

Cooling

Zoned

Appliances

RangeRefrigerator

Questions & Answers

This 12-bedroom, 12-bathroom condo at 1303 KALANIANAOLE AVE is listed at $1,999,888 ($516/sqft). The estimated monthly payment is $10,696 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1966, 0.19 acre lot, 2 stories.

This property is listed by Steven Ellison.

SE

Steven Ellison

Agent at Compass

Listed by Compass · Broker phone: (808) 762-1796 · View on Broker Site · Broker website

MLS# 734068· Source: Hawaii Information Service· 17 days on PropertySimple

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

1303 KALANIANAOLE AVE #12, Hilo, HI 96720

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