The Ulu Team

$3,800,000

2517 Ala Wai Boulevard

WAIKIKI · Honolulu · 96815 · MLS 202613377

  • beds
  • 0baths
  • 6,259living sqft
  • Multi-familytype

Phenomenal return on existing rents with upside! 19 unit apartment building with 2 buildings consisting of 16 studios and 3 one/ones. All units occupied with stable tenant base. Nicely maintained interiors with good layouts w excellent functionality. Coin washer and dryer, resident manager, trash service. Shared driveway on Ewa side, some separate meters for electric, though owner pays electric for all front bldg and 2 back bldg units, gas, and water. Do not walk property nor disturb the tenants. Bill 7 development possible, owner has some dd items to share with accepted offer.

Building & interior

Style
Apartment,Multi Family
Condition
Average Condition
Total area
6,259 sqft
Lot size
7,476 sqft
Year built
1942
Stories
Two
Parking
3 stalls · Assigned
Furnished
Partially

Construction & features

Construction
Masonry · Stucco · Wood Frame
Roofing
Asphalt · Shingle
Topography
Level
Lot features
Interior Lot · Level
Utilities
Above Ground Utilities · Cable Available · Electricity Available · Natural Gas Available · High Speed Internet Available · Phone Available · Sewer Available · Water Available · Sewer Connected
Water
Public

Tax & assessment

Annual property tax
$10,335/yr
Tax year
2025
Assessed — total
$3,228,400
Assessed — land
$2,990,400
Assessed — improvements
$238,000
TMK
1-2-6-025-041-0000
Zoning
X2 - Apartment Precinct
Land tenure
Fee simple
Financing accepted
Cash · Conventional · Exchange1031
Disclosures
Exchange1031

Price history

Original list
$3,800,000
Current
$3,800,000

Listed by Commercial Inv. Strategies

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.

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