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
AVG $2.12M
$3.8M
Taxes
AVG $15,483
$10,335
Year Built
AVG 1963
1942

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