Hawaii Living

Ala Wai Townhouse #1205 (Waikiki)

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Photo 1 of 2421 Ala Wai Blvd #1205, Honolulu
Photo 2 of 2421 Ala Wai Blvd #1205, Honolulu
Photo 3 of 2421 Ala Wai Blvd #1205, Honolulu

2421 Ala Wai Blvd #1205, Honolulu

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Description
Discover urban island living in this centrally located condo at the Ala Wai Townhouse. Just blocks from Waikiki Beach, shopping, and dining, this residence offers both comfort and flexibility in one of Honolulu’s most vibrant neighborhoods. The covered lanai has been seamlessly integrated creating the perfect indoor/outdoor space to relax, work, or entertain. From the entryway, enjoy refreshing views of the Ala Wai Canal , Diamond Head and Koolau Mountains — a serene backdrop to your day. The efficient kitchen flows into the living and dining area, filled with natural light. One of the two bedrooms features a private entrance, creating great separation and versatility — ideal for guests, roommates, or supplemental rental income. Package sale includes both the Fee Simple interest and the Leasehold interest. Total list price reflects both. Rare opportunity to own both interests together — ideal for owner-occupant or investor.
Recent Activity
  • Nov 20, 2025 Listed at $479,000
Recent Sales
(Ala Wai Townhouse)
  • #405: 2 Bds | 2 Ba @ $49K (12/24/25)
  • #1701: 2 Bds | 2 Ba @ $99K (9/24/25)
  • #604: 2 Bds | 2 Ba @ $445K (6/6/25)
  • #2004: 2 Bds | 2 Ba @ $98K (3/31/25)
  • #1804: 2 Bds | 2 Ba @ $590K (10/31/24)
  • #903: 1 Bd | 1 Ba @ $69K (10/15/24)
  • #1802: 2 Bds | 2 Ba @ $490K (9/13/24)
  • #506: 2 Bds | 2 Ba @ $91K (5/3/24)
  • #1904: 2 Bds | 2 Ba @ $95K (4/28/24)
  • #602: 2 Bds | 2 Ba @ $93K (4/9/24)
  • #1506: 2 Bds | 2 Ba @ $450K (8/21/23)
  • #902: 2 Bds | 4 Ba @ $645K (3/20/23)
  • #2005: 2 Bds | 2 Ba @ $626K (4/27/22)
  • #PH2: 1 Bd | 1 Ba @ $450K (3/28/22)
  • #904: 2 Bds | 2 Ba @ $615K (2/18/22)
  • #PH3: 2 Bds | 2 Ba @ $569K (2/10/22)
  • #802: 2 Bds | 2 Ba @ $155K (10/27/21)
  • #1702: 2 Bds | 2 Ba @ $445K (3/24/21)
  • #1503: 1 Bd | 1 Ba @ $355K (4/1/20)
  • #1703: 1 Bd | 1 Ba @ $290K (11/15/19)
  • #702: 2 Bds | 2 Ba @ $160K (11/4/19)
  • #804: 2 Bds | 2 Ba @ $447K (8/12/19)
  • #401: 2 Bds | 2 Ba @ $499K (4/15/19)
  • #1403: 1 Bd | 1 Ba @ $345K (11/20/18)
  • #PH4: 3 Bds | 2 Ba @ $730K (8/8/18)
  • #1101: 2 Bds | 2 Ba @ $491K (7/19/18)
  • #2003: 1 Bd | 1 Ba @ $345K (3/29/18)
  • #406: 2 Bds | 2 Ba @ $430K (6/9/17)
  • #1006: 2 Bds | 2 Ba @ $460K (11/22/16)
  • #503: 1 Bd | 1 Ba @ $84K (10/28/16)
  • #hidden: 2 Bds | 2 Ba @ $162K (8/10/16)
  • #603: 1 Bd | 1 Ba @ $142K (6/6/16)
  • #1504: 2 Bds | 2 Ba @ $450K (6/3/16)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.01
  • Price / ft²: $634
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • View: Diamond Head, Marina/Canal
  • Property Condition: Average
  • Owner Occupancy: 43%
  • Management Company: Associa Hawaii
  • Security Features: Key, Keyed Elevator, Video
  • Amenities: Condo Association Pool, Resident Manager, Trash Chute
  • TMK: 1-2-6-24-73-53
  • Tax Assessed Land: $65,900
  • Tax Assessed Improvements: $554,500
  • Tax Assessed Total: $620,400
  • Courtesy: Keller Williams Honolulu / (808) 596-2888
  • MLS: 202525782
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About Ala Wai Townhouse

Ala Wai Townhouse, a large white tower in Waikiki, may not catch the eye at first, but it offers a unique chance to blend living and income generation. Some 2BR units feature dual entrances, allowing one bedroom to be rented as a studio.

Units
  • 1BR: 480 sq ft; 2BR: 756-765 sq ft.
  • Lanais 50-220 sq ft.
  • Corner unit lanais wrap around, offering exp


  ... Read more
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 05, 2026.Information is deemed reliable but not guaranteed.
Other Ala Wai Townhouse Listings
$499,000
Ala Wai Townhouse #902
2 Bds | 2 Ba
756 ft²
$445,000
Ala Wai Townhouse #1204
2 Bds | 2 Ba
756 ft²
Leasehold
$198,000
Ala Wai Townhouse #PH1
3 Bds | 2 Ba
1,166 ft²
Leasehold
$89,900
Ala Wai Townhouse #1603
1 Bd | 1 Ba
480 ft²
Other Waikiki Condos
$475,000
Wailana At Waikiki #907
2 Bds | 2 Ba
1,180 ft²
$495,000
Monte Vista #1504
2 Bds | 1.5 Ba
684 ft²
$460,000
Seaside Suites Waikiki #310
2 Bds | 1 Ba
626 ft²
$510,000
Oahu Surf #503
2 Bds | 2 Ba
856 ft²
$515,000
Keoni Ana #603
2 Bds | 1.5 Ba
832 ft²
$524,000
Kealani #201
2 Bds | 2 Ba
989 ft²
  • Asking Price: $479,000
Description
Discover urban island living in this centrally located condo at the Ala Wai Townhouse. Just blocks from Waikiki Beach, shopping, and dining, this residence offers both comfort and flexibility in one of Honolulu’s most vibrant neighborhoods. The covered lanai has been seamlessly integrated creating the perfect indoor/outdoor space to relax, work, or entertain. From the entryway, enjoy refreshing views of the Ala Wai Canal , Diamond Head and Koolau Mountains — a serene backdrop to your day. The efficient kitchen flows into the living and dining area, filled with natural light. One of the two bedrooms features a private entrance, creating great separation and versatility — ideal for guests, roommates, or supplemental rental income. Package sale includes both the Fee Simple interest and the Leasehold interest. Total list price reflects both. Rare opportunity to own both interests together — ideal for owner-occupant or investor.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 05, 2026.Information is deemed reliable but not guaranteed.
    • Nov 20, 2025 Listed at $479,000

    Ala Wai Townhouse, a large white tower in Waikiki, may not catch the eye at first, but it offers a unique chance to blend living and income generation. Some 2BR units feature dual entrances, allowing one bedroom to be rented as a studio.

    Units
    • 1BR: 480 sq ft; 2BR: 756-765 sq ft.
    • Lanais 50-220 sq ft.
    • Corner unit lanais wrap around, offering exp


      ... Read more
    Other Ala Wai Townhouse Listings
    $499,000
    Ala Wai Townhouse #902
    2 Bds | 2 Ba
    756 ft²
    $445,000
    Ala Wai Townhouse #1204
    2 Bds | 2 Ba
    756 ft²
    Leasehold
    $198,000
    Ala Wai Townhouse #PH1
    3 Bds | 2 Ba
    1,166 ft²
    Leasehold
    $89,900
    Ala Wai Townhouse #1603
    1 Bd | 1 Ba
    480 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.