Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
12 Beds
12 Baths
3,876 sqft

$1,999,888

1303 KALANIANAOLE AVE 12, Hilo HI, 96720

Price per sqft$515.97
Built in1966
Property size3,876 sqft
Property typeCondominium

Overview

Active

A

Listed Oct 12, 2026

Updated 2h ago

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.

$13,305/mo

Est. mortgage payment based on a $1,999,888 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
734068

Interior Features

Bedrooms
12
Bathrooms
12
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.19 Acres

Other Property Details

Taxes
$1,481
Tax Frequency
Annually
Association Fee Frequency
Monthly
Pets Allowed
Yes

 

Courtesy of COMPASS, Steven Ellison

Listing Contact: 8089363000 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Doug Powell shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

On this page, not only will you see properties represented by Steven Ellison, you may also see properties represented by other members of Hawaii Information Service.

©2026 Hawaii Information Service. All rights reserved.

Data last updated 11:30 PM UTC, 10/12/2026

Powered by Luxury Presence