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Active
    • $3,800,000

    2517 Ala Wai Blvd, Honolulu, HI 96815

    --beds
    0baths
    6,259sqft
    : 
    $22,335/mo
    Get pre-qualified
    Multi Family
    Built in 1942
    -- sqft lot
    $-- Zestimate®
    $607/sqft
    $-- HOA

    What's special

    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.
    17 days
    |
    176
    |
    4
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Christina L Dwight 808-429-1098,

    Commercial Inv. Strategies

    Source: HiCentral MLS,MLS#: 202613377MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Appliances
      • Laundry: Coin-operated
      Interior area
      • Total structure area: 6,259
      • Total interior livable area: 6,259 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Assigned
      Features
      • Levels: Two
      • Stories: 2
      • Has view: Yes
      • View description: None
      • Frontage type: Canal
      Lot
      • Features: Interior Lot, Other, Level
      • Topography: Level
      Details
      • Parcel number: 1260250410000
      • Zoning description: X2 - Apartment Precinct
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Masonry, Stucco, Wood Frame
      Condition
      • Average Condition
      • Year built: 1942

      Utilities & green energy

      • Sewer: Connected
      • Water: Public
      • Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected

      Community & HOA

      Community
      • Features: None
      • Subdivision: Waikiki
      HOA
      • Amenities included: Management
      Location
      • Region: Honolulu

      Financial & listing details

      • Price per square foot: $607/sqft
      • Tax assessed value: $3,228,400
      • Annual tax amount: $10,335
      • Date on market: 7/10/2026
      • Total actual rent: 23736
      • Tenant pays: Cable TV, Electricity

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/10/2026Listed for sale$3,800,000-4.7%$607/sqft
        Source: HiCentral MLS #202613377 Report a problem
        12/29/2025Listing removed$3,988,000$637/sqft
        Source: HiCentral MLS #202505304 Report a problem
        4/15/2025Price change$3,988,000-12.9%$637/sqft
        Source: HiCentral MLS #202505304 Report a problem
        2/20/2025Listed for sale$4,580,000+1.8%$732/sqft
        Source: HiCentral MLS #202505304 Report a problem
        2/28/2023Listing removed$4,500,000$719/sqft
        Source: HiCentral MLS #202300726 Report a problem
        1/13/2023Listed for sale$4,500,000$719/sqft
        Source: HiCentral MLS #202300726 Report a problem
        1/13/2023Listing removed--
        Source: HiCentral MLS #202219963 Report a problem
        9/23/2022Listed for sale$4,500,000+6328.6%$719/sqft
        Source: HiCentral MLS #202219963 Report a problem
        10/15/2020Listing removed$990
        Source: HI Success Estate LLC #202023633 Report a problem
        9/11/2020Listed for rent$990
        Source: HI Success Estate LLC #202023633 Report a problem
        6/9/2020Listing removed$990
        Source: HI Success Estate LLC #202012287 Report a problem
        6/3/2020Listed for rent$990-20.8%
        Source: HI Success Estate LLC #202012287 Report a problem
        1/27/2020Listing removed$1,250
        Source: HI Success Estate LLC #201932845 Report a problem
        11/20/2019Listed for rent$1,250+4.2%
        Source: HI Success Estate LLC #201932845 Report a problem
        6/25/2019Listing removed$1,200
        Source: HI Success Estate LLC #201908961 Report a problem
        5/11/2019Price change$1,200-14.3%
        Source: HI Success Estate LLC #201908961 Report a problem
        4/4/2019Listed for rent$1,400+16.7%
        Source: HI Success Estate LLC #201908961 Report a problem
        12/1/2018Listing removed$1,200
        Source: HI Success Estate LLC #201827810 Report a problem
        10/19/2018Listed for rent$1,200+21.2%
        Source: HI Success Estate LLC #201827810 Report a problem
        9/16/2018Listing removed$990
        Source: Best Realty Inc #201814515 Report a problem
        8/12/2018Price change$990-38.1%
        Source: Best Realty Inc #201814515 Report a problem
        6/7/2018Listed for rent$1,600+23.1%
        Source: Best Realty, Inc. #201814514 Report a problem
        2/25/2018Listing removed$1,300
        Source: Best Realty, Inc. #201804385 Report a problem
        2/17/2018Listed for rent$1,300
        Source: Best Realty, Inc. #201804385 Report a problem
        10/31/1996Sold$70,000$11/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,335 +0.1%$2,952,800 +0.1%
        2024$10,322 +1.6%$2,949,200 +1.6%
        2023$10,156 +3.1%$2,901,600 +3.1%
        2022$9,846 -0.2%$2,813,100 -0.2%
        2021$9,862 +5.1%$2,817,600 +5.1%
        2020$9,379 +2.9%$2,679,800 +2.9%
        2019$9,113 +1.9%$2,603,600 +1.9%
        2018$8,940 +2.1%$2,554,200 +2.1%
        2017$8,754 +8.3%$2,501,200 +8.3%
        2016$8,083 +20.1%$2,309,300 +20.1%
        2015$6,732 +124.8%$1,923,400 +4%
        2014$2,995 $1,849,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Waikiki

        Getting around

        90 / 100
        Walker's Paradise
        61 / 100
        Good Transit
        90 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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