Hawaii Living

2445 Ala Wai Blvd (Waikiki)

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Photo 1 of 2445 Ala Wai Blvd, Honolulu
2445 Ala Wai Blvd, Honolulu
Selling or Buying in Waikiki?
We are expert real estate agents who know Waikiki very well and have sold many homes in Honolulu. We would be happy to assist you too.
Description
Situated in the heart of Waikiki sits a wonderful investment opportunity located just a few blocks from world-famous sandy beaches. This 2 structure, 5 rental unit offering sits on 5,967 sq.ft. Apartment zoned prime land and is currently fully tenant occupied. Don't pass up this opportunity to re-imagine the property to your vision, or jump in with the existing tenants in place. Image boundary maps approximate.
Past Activity
  • Oct 19, 2025 Listed at $1,743,000
  • Oct 22, 2020 Sold for $1,575,000
  • Jul 18, 2020 Under Contract
Blog
More Details
  • Owner, Tax & Resale History
  • Other Homes Price / ft²
  • Cash vs Financing Buyers
  • Year Remodeled: 1955
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • Furnished: None
  • Property Condition: Fair
  • TMK: 1-2-6-24-90-0
  • Tax Assessed Land: $1,909,400
  • Tax Assessed Improvements: $114,800
  • Tax Assessed Total: $2,024,200
  • Courtesy: Sachi HI Pacific Century Prop.
  • MLS: 202011932
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 27, 2026.Information is deemed reliable but not guaranteed.
Other Waikiki Homes
$1,888,000
419 Pau St
3 Bds | 1.5 Ba
1,138 ft²
$4,880,000
287 Wai Nani Way
Multi-Family

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  • Sold 10/22/20 at $1,575,000
    (List Price: $1,743,000)
Description
Situated in the heart of Waikiki sits a wonderful investment opportunity located just a few blocks from world-famous sandy beaches. This 2 structure, 5 rental unit offering sits on 5,967 sq.ft. Apartment zoned prime land and is currently fully tenant occupied. Don't pass up this opportunity to re-imagine the property to your vision, or jump in with the existing tenants in place. Image boundary maps approximate.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 27, 2026.Information is deemed reliable but not guaranteed.
    • Oct 19, 2025 Listed at $1,743,000
    • Oct 22, 2020 Sold for $1,575,000
    • Jul 18, 2020 Under Contract
    Other Waikiki Homes
    $1,888,000
    419 Pau St
    3 Bds | 1.5 Ba
    1,138 ft²
    $4,880,000
    287 Wai Nani Way
    Multi-Family

     
    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.