2517 Ala Wai Blvd Honolulu, HI 96815
Waikiki NeighborhoodEstimated payment $22,990/month
Highlights
- Golf Course View
- Resident Manager or Management On Site
- Level Lot
- Home fronts a canal
- Coin Laundry
- Community Storage Space
About This Home
Waikiki Apartment complex with 19 units in two building on Ala Wai Blvd. with 7 one bedrooms and 7 studios, 5 units nonconforming. Bill 7 development with approximately 37 units possible. Resident manager occupies a 1-bedroom unit. Showing by appointment only with Buyer's Agent present. Do not disturb tenant occupants. Short distance from famous Waikiki Beach and convenient bus line. Buyer to do Due Diligence.
Listing Agent
Karel Kon
HI Success Estate LLC Brokerage Phone: (808) 799-9582 License #RB-17893 Listed on: 02/19/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,064
Year Built
- Built in 1942
Lot Details
- 7,476 Sq Ft Lot
- Home fronts a canal
- Level Lot
- Flag Lot
Property Views
- Golf Course
- City
- Garden
Home Design
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Asphalt Roof
Interior Spaces
- 2-Story Property
Laundry
- Dryer
- Washer
Parking
- 3 Parking Spaces
- Covered Parking
- Open Parking
- Assigned Parking
Schools
- Waikiki Elementary School
- Washington Middle School
- Kaimuki High School
Listing and Financial Details
- Assessor Parcel Number 1-2-6-025-041-0000
Community Details
Overview
- 19 Units
- Waikiki Subdivision
Amenities
- Coin Laundry
- Community Storage Space
Building Details
- Operating Expense $81,000
- Net Operating Income $195,000
Security
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,322 | $2,952,800 | $2,728,700 | $224,100 |
| 2024 | $10,322 | $2,949,200 | $2,728,700 | $220,500 |
| 2023 | $10,156 | $2,901,600 | $2,691,400 | $210,200 |
| 2022 | $9,846 | $2,813,100 | $2,616,600 | $196,500 |
| 2021 | $9,862 | $2,817,600 | $2,616,600 | $201,000 |
| 2020 | $9,379 | $2,679,800 | $2,467,100 | $212,700 |
| 2019 | $9,113 | $2,603,600 | $2,392,300 | $211,300 |
| 2018 | $8,940 | $2,554,200 | $2,354,900 | $199,300 |
| 2017 | $8,754 | $2,501,200 | $2,242,800 | $258,400 |
| 2016 | $8,083 | $2,309,300 | $2,055,900 | $253,400 |
| 2015 | $6,732 | $1,923,400 | $1,682,100 | $241,300 |
| 2014 | $2,995 | $1,849,000 | $1,614,800 | $234,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | Price Changed | $3,988,000 | -12.9% | -- |
| 02/19/2025 02/19/25 | For Sale | $4,580,000 | 0.0% | -- |
| 09/20/2023 09/20/23 | Off Market | $1,330 | -- | -- |
| 09/19/2023 09/19/23 | Rented | $1,330 | 0.0% | -- |
| 08/03/2023 08/03/23 | For Rent | $1,330 | +6.4% | -- |
| 08/06/2022 08/06/22 | Off Market | $1,250 | -- | -- |
| 08/05/2022 08/05/22 | Rented | $1,250 | 0.0% | -- |
| 07/28/2022 07/28/22 | For Rent | $1,250 | +4.2% | -- |
| 06/24/2019 06/24/19 | Rented | $1,200 | -14.3% | -- |
| 05/25/2019 05/25/19 | Under Contract | -- | -- | -- |
| 04/03/2019 04/03/19 | For Rent | $1,400 | +41.4% | -- |
| 09/15/2018 09/15/18 | Rented | $990 | 0.0% | -- |
| 08/16/2018 08/16/18 | Under Contract | -- | -- | -- |
| 08/12/2018 08/12/18 | For Rent | $990 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $70,000 | Seller Take Back |
Source: HiCentral MLS (Honolulu Board of REALTORS®)
MLS Number: 202505304
APN: 1-2-6-025-041-0000
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Some of the active listings appearing on this site may be listed by other REALTORS(R). 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.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd
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