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2439 Ala Wai Blvd (Waikiki)

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Photo 1 of 2439 Ala Wai Blvd, Honolulu
2439 Ala Wai Blvd, Honolulu
Selling or Buying in Waikiki?
Call/Text Tracy (808) 372-2274 or send a message using the form below.
Tracy Yamato

Tracy Yamato

Certified Residential Specialist
Realtor, RS-51972

Mobile: (808) 372-2274

Email: Tracy@HawaiiLiving.com

"Let my over 33 years of experience work for you."
Client Testimonials
Description
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.
Past Activity
  • Oct 19, 2025 Listed at $4,988,000
  • Dec 15, 2022 Sold for $4,250,000
  • Sep 28, 2022 Under Contract
Blog
More Details
  • Owner, Tax & Resale History
  • Other Homes Price / ft²
  • Cash vs Financing Buyers
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • View: Marina/Canal, Sunrise
  • Furnished: Partial
  • Property Condition: Needs Major Repair
  • Management Company: Self Managed
  • TMK: 1-2-6-24-91-0
  • Tax Assessed Land: $1,659,200
  • Tax Assessed Improvements: $768,300
  • Tax Assessed Total: $2,427,500
  • Courtesy: Commercial Inv. Strategies / (808) 429-1098
  • MLS: 202220377
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 07, 2025.Information is deemed reliable but not guaranteed.
Other Waikiki Homes
$4,880,000
287 Wai Nani Way
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$3,988,000
$1,888,000
419 Pau St
3 Bds | 1.5 Ba
1,138 ft²
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Kapiolani
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Kaimuki
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  • Sold 12/15/22 at $4,250,000
    (List Price: $4,988,000)
Description
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.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 07, 2025.Information is deemed reliable but not guaranteed.
    • Oct 19, 2025 Listed at $4,988,000
    • Dec 15, 2022 Sold for $4,250,000
    • Sep 28, 2022 Under Contract
    Other Waikiki Homes
    $4,880,000
    287 Wai Nani Way
    Multi-Family

    $3,988,000
    $1,888,000
    419 Pau St
    3 Bds | 1.5 Ba
    1,138 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.