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 11:56 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.
