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2032 Kapiolani Blvd, Honolulu, HI 96826
< 1 min walk to Ala Wai Community Park
15 min walk to Duke Paoa Kahanamoku Beach Park
6 min drive to Ala Wai Golf Course
29 min walk to The Wall
18 min walk to Rock Piles
About lifestyles
This eight-unit, two-story walk-up apartment building is ideally located near Kapiolani Blvd and McCully St, offering convenient access to Waikiki, the Kapiolani corridor, public transportation, shopping, and more.
Five of the units have been remodeled within the past year, while the remaining three have received partial upgrades. Significant improvements include copper plumbing conversions, ABS drain line upgrades on the second floor, and a silicone-coated roof completed last year. Additionally, each unit is individually metered for electricity, keeping utility costs low.
The building is fully occupied, with all leases on a month-to-month basis. Previously, due to maintenance issues, full occupancy was not maintained, but all concerns have been addressed.
Since rental income was lower in previous years and full occupancy has only been achieved in the last six months, I have prepared a pro forma analysis outlining projected income, expenses, and net income. This property is a steady income earner with low maintenance and operational costs, is easy to rent, and does not require an on-site manager.
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Multi-family details
1957 year built
- Year Built 1957
- Year Remodeled 2024
- Days on market 14
- Price per sqft $702/sqft
-
Address
2032 Kapiolani Blvd, Honolulu, HI, 96826
- Frontage Other
- Neighborhood Moiliili
- Land tenure FS - Fee Simple
- Land SqFt 5,000 sqft
- View None
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$13,257
Taxes
$425
HOA dues
$0
Mortgage
Down payment
$520,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$13,257 / month
Neighborhood: Moiliili
Nearby & commute
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
13.33 / 20
Somewhat walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index
Unit Information
8 total units
# of 1 Bd
0
# of 2 Bd
0
# of 3 Bd
0
Total Units
8
Amenities & Features
3 parking places
Stories
Two
Furnished
None
Construction
Single Wall, Wood Frame
Utilities
Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone
Property Condition
Average
Parking
Assigned
nr.of parking places
3
Amenities
None
Income
—
Total Actual Rent
Total Annual Operating Expenses
Total Income
Net Operating Income
Moiliili prices
Average price $2.58m
Neighborhood average sales price*
$2.58m
Neighborhood median sales price*
$1m
Number or sales*
41
Street median sales price*
$630k
Median sale price Gregg Apts The*
$694.5k
*last 6 months
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
| out of 10 |
King William Lunalilo Elementary School
810 Pumehana St,
Honolulu, HI 96826
Elementary School
|
0.217mi |
| out of 10 |
President George Washington Middle School
1633 South King St,
Honolulu, HI 96826
Middle School
|
0.54mi |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
High School
|
0.598mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
King William Lunalilo Elementary School
810 Pumehana St,
Honolulu, HI 96826
|
0.217mi |
| out of 10 |
Ala Wai Elementary School
503 Kamoku St,
Honolulu, HI 96826
|
0.414mi |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.598mi | |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
0.715mi | |
| out of 10 |
Prince Jonah Kuhio Elementary School
2759 South King St,
Honolulu, HI 96826
|
0.755mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
President George Washington Middle School
1633 South King St,
Honolulu, HI 96826
|
0.54mi |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.598mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.662mi | |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
0.715mi | |
|
Maryknoll Grade School
1722 Dole Street,
Honolulu, HI 96822
|
0.781mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.598mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.662mi | |
|
Lutheran High School Of Hawaii
1404 University Avenue,
Honolulu, HI 96822
|
0.775mi | |
|
Maryknoll Grade School
1722 Dole Street,
Honolulu, HI 96822
|
0.781mi | |
|
Maryknoll School
1526 Alexander Street,
Honolulu, HI 96822
|
0.798mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Expired Oct 11, 1996
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Oct 11, 1996 | Expired | $2,000,000 | $539.67 | MLS #9885477 |
| Oct 30, 1995 | New Listing | $2,000,000 | $539.67 | MLS #9885477 |
Tax & MLS details 2032 Kapiolani Blvd, Honolulu, HI, 96826
MLS #202506283
Current Property Taxes p/month
$425
Assessed Improvement value
$116,900
TMK
1-2-7-003-062-0000
Flood Zone
Zone AO
Topography
Level
Lot Description
Clear
Total Assessed value
$1,456,900
Listed by
Neal Fineman Property Mgmt
(808) 753-3399
(808) 753-3399
MLS #
202506283
Hawaii House tour report for this multi-family home
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Open floorplan
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Frequently asked questions for 2032 Kapiolani Blvd
When was this multi-family home built and last sold?
This house was build in 1957.
What is the full address of this multi-family home?
2032 Kapiolani Blvd, Honolulu, HI, 96826.
Are there beaches near 2032 Kapiolani Blvd?
The nearest beach is 0.717 miles away, called Duke Paoa Kahanamoku Beach Park. It should take about 15 min walk.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of Neal Fineman Property Mgmt. Some 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. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.
Listings last updated on March 10, 2025.
Hawaii House Last checked less than a minute ago.
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