INVESTOR & FLIPPER SPECIAL IN THE HEART OF WAIKIKI! Rare opportunity to own a spacious 2-bedroom condo in one of Waikiki's most desirable and central locations, priced significantly below assessed value. This property is a blank canvas with endless possibilities—renovate and flip for a strong profit, customize it into your dream island residence, use it as a vacation home, or hold as a long-term investment. A standout feature is the exceptionally large lanai, perfect for relaxing and enjoying the Hawaiian trade winds. Located in the very heart of Waikiki, just steps from world-class beaches, dining, shopping, and entertainment.Even better, the building has undergone major capital improvements. Comprehensive seismic retrofitting is complete, and a building-wide plumbing replacement—including all water supply pipes—is complete or nearing completion, giving the new owner strong confidence in the structural integrity and modernized infrastructure.Investor, flipper, end user, or second-home buyer—this is a rare chance to own in an unbeatable Waikiki location with incredible upside and a building already invested in its own future. Bring your contractor and your best offer today!
Active
$428,000
2452 Tusitala St APT 1201, Honolulu, HI 96815
2beds
760sqft
Condominium
Built in 1978
-- sqft lot
$420,900 Zestimate®
$563/sqft
$1,428/mo HOA
What's special
Exceptionally large lanai
- 149 days
- 133
- 4
Zillow last checked:
Listing updated:
Listed by:
Mami Y Takeda 808-228-0882,
Compass
Source: HiCentral MLS,MLS#: 202607385
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Bedroom on Main Level, Full Bath on Main Level
- Flooring: Carpet
Interior area
- Total structure area: 951
- Total interior livable area: 760 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Covered, One Space
Features
- Spa features: Community
- Has view: Yes
- View description: Other
- Frontage type: Other
Details
- Parcel number: 1260240690061
- Zoning description: X2 - Apartment Precinct
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
Materials
- Concrete
Condition
- Repairs Major
- New construction: No
- Year built: 1978
Community & HOA
Community
- Features: Barbecue, Deck/Porch, Fitness, Laundry Facilities, Patio, Pool, Recreation Area, Trash Chute
- Security: Elevator Secured, Key Card Entry
- Subdivision: Waikiki
HOA
- Amenities included: Management
- Services included: Common Areas, Cable TV, Electricity, Gas, Hot Water, Internet, None, Sewer, Water
- HOA fee: $1,428 monthly
Location
- Region: Honolulu
Financial & listing details
- Price per square foot: $563/sqft
- Tax assessed value: $539,500
- Annual tax amount: $1,884
- Date on market: 4/15/2026
- Inclusions: AC Window Unit, Disposal, Range/Oven, Refrigerator
Estimated market value
$420,900
$400,000 - $442,000
$2,947/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/31/2026 | Price change | $428,000-2.3%$563/sqft |
Source: | ||
| 4/15/2026 | Listed for sale | $438,000+814.4%$576/sqft |
Source: | ||
| 1/10/2002 | Sold | $47,900$63/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $469,400 -13% |
| 2025 | $1,888 +7.4% | $539,500 +7.4% |
| 2024 | $1,758 +2.7% | $502,300 +2.7% |
| 2023 | $1,712 -47.8% | $489,000 +10.4% |
| 2022 | $3,279 +124.3% | $442,800 +6% |
| 2021 | $1,462 -10.2% | $417,600 -10.2% |
| 2020 | $1,627 +3.6% | $464,800 +3.6% |
| 2019 | $1,570 +0.9% | $448,500 +0.9% |
| 2018 | $1,556 +3.7% | $444,500 +3.7% |
| 2017 | $1,500 +6.9% | $428,600 +6.9% |
| 2016 | $1,403 +1.7% | $400,800 +1.7% |
| 2015 | $1,380 +18.8% | $394,200 +6.3% |
| 2014 | $1,162 | $370,900 |
Find assessor info on the county website
Monthly payment
Est. payment







