MAJOR PRICE REDUCTION! 438 Launiu St is a rare opportunity to purchase a 4-unit fee simple multifamily property located in the heart of Waikiki, across from the Ritz Carlton. Constructed of concrete masonry in great condition, the units provide direct access to on-site street level parking. Unit Breakdown: Two 1 Bed/1 Bath units, One - 2 Bed/1 Bath, & One - 2 Bed/2 Bath unit."Also For Sale" as a separate offering, directly adjacent is 444 Launiu St. Consists of 5 units, Two - 1 Bed/1 Bath units, Two Studios, & One - 2 Bed/2 Bath unit. Spacious units with rental upside for the new owner. Each unit is assigned their own parking spot. There is a total of 9 parking spots assigned for both buildings combined.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 06, 2025.Information is deemed reliable but not guaranteed.
Sold 2/14/19 at $2,100,000 (List Price: $1,995,000)
Description
MAJOR PRICE REDUCTION! 438 Launiu St is a rare opportunity to purchase a 4-unit fee simple multifamily property located in the heart of Waikiki, across from the Ritz Carlton. Constructed of concrete masonry in great condition, the units provide direct access to on-site street level parking. Unit Breakdown: Two 1 Bed/1 Bath units, One - 2 Bed/1 Bath, & One - 2 Bed/2 Bath unit."Also For Sale" as a separate offering, directly adjacent is 444 Launiu St. Consists of 5 units, Two - 1 Bed/1 Bath units, Two Studios, & One - 2 Bed/2 Bath unit. Spacious units with rental upside for the new owner. Each unit is assigned their own parking spot. There is a total of 9 parking spots assigned for both buildings combined.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 06, 2025.Information is deemed reliable but not guaranteed.
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.
"....ensuring you have all the facts...." It’s with immense pleasure that I share my experience with Tracy, a realtor who I wholeheartedly endorse for anyone navigating the O‘ahu real estate market. From day one, communication with Tracy was refreshingly easy. He listens intently, articulates his points clearly, and ensures that every question is answered with precision.
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