2319 Ala Wai Boulevard

Sold

2319 Ala Wai Boulevard

Honolulu HI, 96815

$7,000,000

$654.70 per sqft

Sold

10,692 sqft

Commercial

Built in 1947

The Ala Wai consists of two (2) multi-family buildings containing twenty-one (21) apartments, ten (10) parking stalls, and coin operated community laundry. Centrally located in Waikiki, the state's most popular tourist destination, The Ala Wai is located on a highly traveled roadway with convenient access to amenities such as hotels, restaurants, shopping, entertainment, recreational areas and world famous Waikiki Beach.

The offering includes fee simple interest in both buildings together with 7,907 square feet of land zoned apartment precinct. With a stable long-term tenant mix, this is a relatively low-risk investment opportunity and priced accordingly with plenty of upside as rents have not been increased since March 2020 due to the Governor's 21st Proclamation related to Covid-19.

202119790

MLSⓇ ID

September 3, 2021

Listed

October 1, 2024

Updated

Map

2319 Ala Wai Boulevard
Honolulu HI, 96815

Interior Features

Total Stories: 4
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.18 Acres

Other Property Details

Area Name: Metro
Taxes: $14,892
Tax Frequency: Annually
Days on Market: 57
Garage: No
Parking: On Street
Parking Total: 10
View: No
County: Oahu
Pool: No
Zoning: X2 - Apartment Precinct

Courtesy of Hawaii Sands Realty, David L Moyer

Listing Contact: 8083793016

Based on information from the Multiple Listing Service of HI - Honolulu Board of REALTORS® / HiCentral (HBR) listings last updated on 10/1/2024 8:03 PM UTC. Information is deemed reliable but not guaranteed. Copyright: 2024 by the Honolulu Board of REALTORS®/ HICentral. Some of the active listings appearing on this site may be listed by other REALTORS®. 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. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require the use of other disclaimers as necessary to protect participants and/or the MLS from liability.

Data last updated 8:03 PM UTC, 10/1/2024