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I beleive you are incorrect about BO not living at that address.

http://www.honoluluadvertiser.com/article/20081109/NEWS01/811090361/0/NEWS01

The future president’s first boyhood home is still standing on Kalaniana’ole Highway, in the Kuli’ou’ou area between ‘Aina Haina and Hawai’i Kai.

The yellow, four-bedroom, single-story home was built in 1948. Nani Smethurst, who has owned the home since 1979, said the place is essentially the same as it was when it was built, although it has been upgraded and landscaped by Smethurst, who is an architect.

The property also has a 450-square-foot cottage in the back that was built in 1953.

Smethurst said she recently noticed people coming around to peer at her home. Then she began receiving calls from local and Mainland newspapers inquiring about Obama’s first home.

“I didn’t know,” Smethurst said. “And then we got a call from someone saying did you know your home is Barack Obama’s first home. It seems that somebody knew. A lot of people, when passing through, would come take a look and maybe take pictures.”

She said someone posted the address on the Internet. That July posting contained a photocopy of what is most likely the first mention of Barack Obama ever published — a tiny, one-line birth notice in the Sunday, Aug. 13, 1961, edition of The Honolulu Advertiser:

“Mr. and Mrs. Barack H. Obama, 6085 Kalanianaole Highway, son, Aug. 4.”

“The Honolulu Advertiser” did NOT research that article before they ran with the story and the birth announcement address! Even Jr himself wrote about the first home his grandparents lived in when they moved to Hawaii. On Pg 39 of his book when he talks about the walking tours the family went on while his father was visiting, he says (paraphrased) “On one of our walking tours I was shown the first house my grandparents lived in when they moved to Hawaii, a house I hadn’t known about, the one before the house on University Avenue.” When Obama Sr was visiting in 1971 he was recuperating from a car accident in which he had injured his leg and was using a cane. It would have been impossible for Sr or Jr to walk 14 miles round trip from the apartment on Beretania St. The paper also doesn’t mention that none of Sr’s friends mentions Ann, they use obscure wording such as “it is possible”, “might have” etc. and they fail to mention Ann not being on the island from August of 1961 until 1963. I actually believe the apartment listed for 1963 was rented for Ann and Jr by her parents upon her return to Hawaii. When she returned to school in the spring of 1963 she moved in with her parents at the “large wooden home at 2277 Kamehameha Ave.” Please also note that the area where the birth announcement house is located is an extremely high priced area beyond the means of a bank employee and a furtniture salesman let alone two “starving students”, especially considering it is within walking distance of the ocean.

I don’t know if a current article in the Honolulu Advertiser is enough to authenticate this.

I haven’t seen anything on any of these threads that corroborates this; Chief Engineer has done incredible research and last I’ve seen nothing was dug up that listed this address in connection with the names Obama or Dunham.

Kansas couple Stan Dunham, a furniture store operator, and Madelyn Dunham ("Toot," to Obama), a bank cashier, had come to Hawai'i in 1960 and moved into the Kalaniana'ole location.

I have seen Stan called a furniture salesman, now he has been promoted to an operator, is that a manager or an owner. "Toot" was called a teller and later raising to be cashier.

The family median income in 1961 was $5200, a house was $12,672, new car $2,610 and minimum wage $1.00. A large upscale house with a cottage on the grounds, sounds out of reach for a furniture salesman/operator and teller/cashier to buy or rent,but the cottage would be affordable for them to rent.

It must have been rough times later for the Dunhams to move out of the big house into an apartment, but would have an improvement over a 450 foot cottage.