The Ulu Team

$428,000$438,000 price reduced

2452 Tusitala Street #1201

WAIKIKI · Honolulu · 96815 · MLS 202607385

  • 2beds
  • 2baths
  • 760living sqft
  • Condotype

INVESTOR & FLIPPER SPECIAL IN THE HEART OF WAIKIKI! Rare opportunity to own a spacious 2-bedroom condo in one of Waikiki's most desirable and central locations, priced significantly below assessed value. This property is a blank canvas with endless possibilities—renovate and flip for a strong profit, customize it into your dream island residence, use it as a vacation home, or hold as a long-term investment. A standout feature is the exceptionally large lanai, perfect for relaxing and enjoying the Hawaiian trade winds. Located in the very heart of Waikiki, just steps from world-class beaches, dining, shopping, and entertainment.Even better, the building has undergone major capital improvements. Comprehensive seismic retrofitting is complete, and a building-wide plumbing replacement—including all water supply pipes—is complete or nearing completion, giving the new owner strong confidence in the structural integrity and modernized infrastructure.Investor, flipper, end user, or second-home buyer—this is a rare chance to own in an unbeatable Waikiki location with incredible upside and a building already invested in its own future. Bring your contractor and your best offer today!

Building & interior

Condition
Repairs Major
Living area
760 sqft
Total area
951 sqft
Lot size
30,231 sqft
Year built
1978
Floor
12
Parking
1 stalls · Assigned · Covered · One Space
Furnished
Unfurnished

HOA & monthly fees

Maintenance fee
$1,428/mo
Total monthly fees
$1,428/mo
Fee includes
Common Areas · Cable Tv · Electricity · Gas · Hot Water · Internet · Sewer · Water
Owner-occupancy
Vacant-occupied

Construction & features

Flooring
Carpet
Construction
Concrete
Interior
Bedroom On Main Level · Full Bath On Main Level
Community
Barbecue · Deck Porch · Fitness · Laundry Facilities · Patio · Pool · Recreation Area · Trash Chute
Security
Elevator Secured · Key Card Entry

Tax & assessment

Annual property tax
$1,884/yr
Tax year
2025
Assessed — total
$539,500
Assessed — land
$79,900
Assessed — improvements
$459,600
TMK
1-2-6-024-069-0061
Zoning
X2 - Apartment Precinct
Land tenure
Fee simple
Financing accepted
Cash · Conventional · Va Loan
Disclosures
Seller Disclosure · See Remarks

Price history

Original list
$438,000
Previous
$438,000
Current
$428,000

What's included

  • AC Window Unit
  • Disposal
  • Range/Oven
  • Refrigerator

Nearby

  • Pool
  • Fitness Center
  • Management
  • Hot Water

Listed by Compass

Information is from the Honolulu MLS and sources deemed reliable but is not guaranteed. Square footage, lot size, taxes, permits, and land tenure should be independently verified. Not a solicitation of property already listed.

Before you offer

Ask us what it’s actually worth.

We’ll pull the comparable sales on this street and tell you where this price really sits — before you write.