Address
2517 Ala Wai Boulevard, Honolulu, HI
Price
$ 3,800,000
Property Attributes
- MLS#202613381
- TypeSingle Family
- Listing Status Active
- CountyHONOLULU
- CityHonolulu
- AreaMetro
- NeighborhoodWAIKIKI
- Zip96815
- Style
- Year Built1942
- Taxes$ 10335
- Price$ 3,800,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6259
Data Source:
HiCentral MLS (HICMLS)
Property Description
Phenomenal return on existing rents with upside! 19 unit apartment building with 2 buildings consisting of 16 studios and 3 one/ones. All units occupied with stable tenant base. Nicely maintained interiors with good layouts w excellent functionality. Coin washer and dryer, resident manager, trash service. Shared driveway on Ewa side, some separate meters for electric, though owner pays electric for all front bldg and 2 back bldg units, gas, and water. Do not walk property nor disturb the tenants. Bill 7 development possible, owner has some dd items to share with accepted offer.
| Price History | |
|---|---|
| 7/10/2026 | Listed $3,800,000 |
General Features
| Cooling | None |
|---|---|
| Utilities | ElectricityAvailable,NaturalGasAvailable,SewerConnected |
| Tenant Pays | Electricity,Other |
| Stories Count | 2 |
| Levels | Two |
| Property Subtype | Industrial |
| Community Features | None |
| Building Name | Na |
| County | Oahu |
| Property Type | CommercialSale |
| Subdivision Name | WAIKIKI |
| Status | Active |
| ModificationTimestamp | 2026-07-10T20:55:01.250-00:00 |
| City | Honolulu |
| MLS Area | Metro |
| Property Condition | AverageCondition |
| Standard Status | Active |
| Tax Assessed Value | 3228400 |
| PostalCity | Honolulu |
| AttributionContact | (808) 429-1098 |
| Year Built | 1942 |
| Disclosures | None |
| Zoning Description | X2 - Apartment Precinct |
| Sewer | Connected |
| Construction Materials | Block,Concrete,WoodFrame |
| Land Tenure | FeeSimple |
| Island | Oahu |
| Business Type | Condominium,Residential |
| Number Of Units Total | 19 |
| Tax Annual Amount | 10335 |
| Net Operating Income | 204976 |
| Operating Expense | 82680 |
| Total Actual Rent | 23763 |
Interior Features
| Flooring | Concrete,Wood |
|---|---|
| Air Conditioning Y/N | false |
| Total Stories | 2 |
Exterior Features
| Parking Features | Assigned |
|---|---|
| Total Parking | 3 |
| Lot Size Area | 7476 |
| Building Area Total | 6259 |
| Road Frontage Type | CityStreet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 96815
Price
Taxes
Year Built
© 2011 HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on September 22, 2026 7:44 AM UTC Some of the active listings appearing on this site may be listed by other REALTORS®. We are only showing FEE SIMPLE, ACTIVE listings on this website.
