Your opportunity to own a legal short-term vacation rental in the Luana Waikiki, now offered at a compelling NEW PRICE. Currently the lowest-priced unit available above the first floor, this residence presents exceptional value for investors and 1031 exchange buyers alike.
The fully furnished unit features a kitchenette with a two-burner stove, travertine flooring, a queen bed with pull-out sofa, and open city and mountain views that elevate the experience for owners and guests.
Luana Waikiki is a well-managed boutique building with resort-style amenities, including a pool, BBQ deck, fitness center, community laundry, valet parking, and more. Owners enjoy flexibility—use the unit personally, generate income through short-term rentals, or participate in the hotel rental management program.
Located in the heart of Waikiki, you’re just minutes from world-famous Waikiki Beach, Diamond Head, Kapiolani Park, the Honolulu Zoo, Fort DeRussy Beach, and premier shopping and dining.
With the recent price improvement, this is one of the best value opportunities in the building. Opportunities like this don’t come around often—especially at this price point.
Closed
$300,000
2045 Kalakaua Ave APT 618, Honolulu, HI 96815
0beds
313sqft
Condominium
Built in 1971
-- sqft lot
$298,100 Zestimate®
$958/sqft
$1,928 Estimated rent
Home value
$298,100
$283,000 - $316,000
$1,928/mo
Zestimate® history
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Fully furnished unitTravertine flooringBbq deck
Zillow last checked:
Listing updated:
Listed by:
Dan Schuenke 808-342-6191,
Compass,
Greg Mroz 808-393-5716,
Compass
Bought with:
Stacey Lynn Williams, RS-85591
Compass
Source: HiCentral MLS,MLS#: 202513158
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Ceramic Tile
- Furnished: Yes
Interior area
- Total structure area: 347
- Total interior livable area: 313 sqft
Property
Parking
- Parking features: None, Valet
Features
- Levels: Three Or More,One
- Has view: Yes
- View description: City, Garden, Mountain(s)
Details
- Parcel number: 1260060020099
- Zoning description: X6 - Resort Mixed Use Precinct
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
Materials
- Double Wall, Concrete
Condition
- Excellent
- New construction: No
- Year built: 1971
Community & HOA
Community
- Features: Barbecue, Concierge, Conference/Meeting Room, Deck/Porch, Fitness, Laundry Facilities, Patio, Pool, Recreation Area, Restaurant, Condo Hotel Community
- Security: Closed Circuit Camera(s), Key Card Entry, Door Man, Fire Sprinkler System, Security Guard
- Subdivision: Waikiki
HOA
- Amenities included: Concierge
- Services included: Cable TV, Electricity, Hot Water, Internet, None, Water
- HOA fee: $963 monthly
Location
- Region: Honolulu
Financial & listing details
- Price per square foot: $958/sqft
- Tax assessed value: $420,100
- Annual tax amount: $5,844
- Date on market: 6/2/2025
- Inclusions: AC Window Unit, Cable TV, Drapes, Kitchenware, Linens, Microwave Hood, Refrigerator, Smoke Detector
Price history
| Date | Event | Price |
|---|---|---|
| 3/10/2026 | Sold | $300,000-11.5%$958/sqft |
Source:  HiCentral MLS #202513158 Report a problem | ||
| 2/27/2026 | Contingent | $339,000$1,083/sqft |
Source: HiCentral MLS #202513158 Report a problem | ||
| 1/15/2026 | Price change | $339,000-10.6%$1,083/sqft |
Source: HiCentral MLS #202513158 Report a problem | ||
| 10/18/2025 | Price change | $379,000-2.6%$1,211/sqft |
Source: HiCentral MLS #202513158 Report a problem | ||
| 7/29/2025 | Price change | $389,000-2.5%$1,243/sqft |
Source: HiCentral MLS #202513158 Report a problem | ||
| 6/4/2025 | Listed for sale | $399,000+2.3%$1,275/sqft |
Source: HiCentral MLS #202513158 Report a problem | ||
| 6/10/2024 | Sold | $390,000$1,246/sqft |
Source: HiCentral MLS #202407242 Report a problem | ||
| 5/3/2024 | Contingent | $390,000$1,246/sqft |
Source: HiCentral MLS #202407242 Report a problem | ||
| 4/16/2024 | Listed for sale | $390,000$1,246/sqft |
Source: HiCentral MLS #202407242 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,043 +3.6% | $420,100 +3.4% |
| 2024 | $5,834 +21.4% | $406,300 +21.2% |
| 2023 | $4,806 +6.6% | $335,300 +6.7% |
| 2022 | $4,507 +9.1% | $314,300 +8.9% |
| 2021 | $4,132 -1.2% | $288,600 -1.2% |
| 2020 | $4,183 +2.5% | $292,000 +2.6% |
| 2019 | $4,079 +18.4% | $284,500 +6.6% |
| 2018 | $3,444 +291.6% | $267,000 +6.2% |
| 2017 | $880 +24% | $251,300 +24% |
| 2016 | $709 -5.3% | $202,700 -5.3% |
| 2015 | $749 -69.5% | $214,100 -10.9% |
| 2014 | $2,459 | $240,400 |
Find assessor info on the county website
Neighborhood: Waikiki
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Nearby schools
GreatSchools rating
- 5/10President Thomas Jefferson Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 7/10President George Washington Middle SchoolGrades: 6-8Distance: 0.9 mi
- 3/10Kaimuki High SchoolGrades: 9-12Distance: 1 mi
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- Hawaii
- Honolulu County
- Honolulu
- 96815
- Waikiki
- 2045 Kalakaua Ave Apartment 618
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