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SOLD 12/15/2022
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2439 Ala Wai Blvd, Honolulu, HI, 96815
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2439 Ala Wai Blvd, Honolulu, HI 96815

$4,250,000 $4,988,000 Multi-Family Home sold 6,460 sqft Neighborhood:  Waikiki Sold 12/15/2022 $4,250,000 $4,988,000
7 min walk to Ala Wai Golf Course
7 min walk to Waikiki Beach
12 min walk to Ala Wai Golf Course
11 min walk to The Wall
7 min walk to Queen's
About lifestyles
Diamond in the Rough! This beautiful example of tropical modern architecture is a once-in-a-lifetime opportunity to polish up and restore, value-add to its full potential and charm. Rents WAY below market. One electric meter—owner pays this, gas, and water. Covered parking, all long-term tenants. Property in escrow before listing, so actively looking for a backup buyer. Do not walk the property nor disturb tenants. No showings until offer is accepted and your Buyer is in first position.
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Multi-family details

1963 year built
  • Year Built 1963
  • Original list price $4,988,000
  • Days on market 79
  • Building type Apartments,Multi Dwellings
  • Price per sqft $658/sqft
  • Address

    2439 Ala Wai Blvd, Honolulu, HI, 96815

  • Frontage Stream/Canal
  • Neighborhood Waikiki
  • Land tenure FS - Fee Simple
  • Land SqFt 4,654 sqft
  • View Marina/Canal, Sunrise

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$21,670
Taxes
$721
HOA dues
$0
$22,391 per month
Mortgage
Down payment
$850,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $21,670 / month

Neighborhood: Waikiki

Oahu
Honolulu
Waikiki
Nearby & commute
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
10.67 / 20
Somewhat walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index

Unit Information

17 total units
# of 1 Bd
4
# of 2 Bd
0
# of 3 Bd
0
Total Units
17

Amenities & Features

10 parking places
Stories
4-7
Furnished
Partial
Roof
Custom/Specialty
Construction
Masonry/Stucco
Utilities
Cable, Gas, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Property Condition
Needs Major Repair
Parking
Covered
nr.of parking places
10
Amenities
None

Income

Net Operating Income: $111,930
Total Actual Rent
$19,150
Total Annual Operating Expenses
$122,671
Total Income
$234,600
Net Operating Income
$111,930

Waikiki prices

Average price $767.94k
Neighborhood average sales price*
$767.94k
Neighborhood median sales price*
$715k
Number or sales*
39
Street median sales price*
$547k
*last 6 months

About Waikiki

Waikiki Condos & neighborhood info When it comes to finding a home in a lively, picturesque setting, it's hard to beat the allure of Waikiki condos. Situated along the stunning shores of Oahu, Waikiki is a bustling neighborhood in Honolulu that boasts Read more

Schools

15 schools with rating up to 8
School rating Distance
8
out of 10 		President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
Elementary School
0.342mi
7
out of 10 		Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
Middle School
0.459mi
NR
 Iolani School
563 Kamoku St, Honolulu, HI 96826
High School
0.486mi
School rating Distance
8
out of 10 		President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
 0.342mi
NR
 Jefferson School Orthopedic Unit
324 Kapahulu Ave, Honolulu, HI 96815
 0.427mi
7
out of 10 		Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
 0.459mi
NR
 Iolani School
563 Kamoku St, Honolulu, HI 96826
 0.486mi
NR
 Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
 0.509mi
School rating Distance
7
out of 10 		Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
 0.459mi
NR
 Iolani School
563 Kamoku St, Honolulu, HI 96826
 0.486mi
NR
 Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
 0.509mi
NR
 Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
 0.957mi
NR
 St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
 1.065mi
School rating Distance
NR
 Iolani School
563 Kamoku St, Honolulu, HI 96826
 0.486mi
NR
 Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
 0.509mi
3
out of 10 		Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
 0.683mi
NR
 Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
 0.957mi
NR
 St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
 1.065mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Dec 15, 2022
Date Event Price $/sqft Source
Dec 15, 2022 Sold $4,250,000 $657.89 Public Record
Sep 28, 2022 In Escrow - not showing $4,988,000 $772.14 MLS #202220377
Sep 28, 2022 New Listing $4,988,000 $772.14 MLS #202220377
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Tax & MLS details 2439 Ala Wai Blvd, Honolulu, HI, 96815

X2 - Apartment Precinct zoning / MLS #202220377
Current Property Taxes p/month
$721
Property Tax Year
2022
Assessed Improvement value
$768,300
Assessed Land value
$1,659,200
TMK
1-2-6-024-091-0000
Land Recorded
Land Court
Zoning
X2 - Apartment Precinct
Flood Zone
Zone AE
Topography
Level
Location
Inside
Lot Description
Clear
Property Setbacks
None
Total Assessed value
$2,427,500
Listed by
Commercial Inv. Strategies
(808) 429-1098
MLS #
202220377
Hawaii House tour report for this multi-family home
No reviews yet
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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We do not have a Hawaii House tour report for this listing yet.
As soon as we do, we post it here.
About Hawaii House tour report

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Recently sold nearby 2439 Ala Wai Blvd in Waikiki

SOLD 10/11/2024
$535,000
1 bed · 1 baths · 540 sqft
Condo sold for $535,000
Chateau Waikiki
411 Hobron Lane unit 3109
Honolulu, HI
SOLD 10/11/2024
$1,300,000
1 bed · 1 baths · 813 sqft
Condo sold for $1,300,000
The Ritz-Carlton Residences
383 Kalaimoku Street unit 2509
Honolulu, HI
SOLD 10/10/2024
$590,000
2 beds · 2 baths · 1,270 sqft
Condo sold for $590,000
Canterbury Pl
1910 Ala Moana Blvd unit 8A
Honolulu, HI
SOLD 10/10/2024
$310,000
1 baths · 294 sqft
Condo sold for $310,000
Waikiki Grand Hotel
134 Kapahulu Ave unit 702
Honolulu, HI
SOLD 10/10/2024
$980,000
1 bed · 2 baths · 1,128 sqft
Condo sold for $980,000
Trump Tower Waikiki
223 Saratoga Road unit 1013
Honolulu, HI
SOLD 10/09/2024
$1,775,000
2 beds · 2 baths · 1,000 sqft
Condo sold for $1,775,000
Ilikai Apt Bldg
1777 Ala Moana Blvd unit 343
Honolulu, HI

Ask a question

This property is sold, but we might be able to find a similar property.

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Frequently asked questions for 2439 Ala Wai Blvd

When was this multi-family home built and last sold?

This house was build in 1963 and sold in 2022.

What is the full address of this multi-family home?

2439 Ala Wai Blvd, Honolulu, HI, 96815.

Are there beaches near 2439 Ala Wai Blvd?

The nearest beach is 0.295 miles away, called Waikiki Beach. It should take about 7 min walk.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Commercial Inv. Strategies. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on June 13, 2024.
Hawaii House Last checked 1 minute ago.

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Multi-Family Home sold $4,250,000 $4,988,000 2439 Ala Wai Blvd, Honolulu, HI, 96815 6,460 sqft Save House Remove from Saved