$18,500,000

( $603.33Per Sq Foot )

$99,312 est/mo Sourced by Back At You

412 Launiu Street,Honolulu, HI 96815

Honolulu, HI 96815

Well-maintained mid-rise apartment in the heart of Waikiki, featuring a prime location surrounded by luxury hotels, shopping, and dining.

Stunning aerial view of Waikiki showcasing the Ala Wai Canal, Diamond Head in the distance, and the apartment’s prime location just moments from the beach.

Enjoy Aloha living right at your doorstep.

Well-maintained 2BR / 1BA with bright living space and modern updates.

2BR/1BA: Updated kitchen and vinyl flooring.

2BR/1BA: Bright bedroom with mirrored closet doors, and window A/C.

2BR/2BA: Open kitchen and living space.

2BR/2BA: Updated kitchen and island.

2BR/2BA: Spacious bedroom featuring mirrored closet doors, vinyl flooring, and adjacent bathroom.

2BR/2BA: Updated bathroom featuring walk-in shower, modern vanity, and recessed lighting.

2BR/2BA: Open living area showcasting clean lines and updated interior finishes.

2BR/2BA: Bright living area with vinyl flooring and functional layout.

2BR/2BA: Open-concept living and kitchen area with modern finishes.

2BR/2BA: Comfortable bedroom featuring vinyl flooring, window A/C, and recessed lighting.

2BR/2BA: Updated bathroom with glass-enclosed shower and modern finishes.

Lobby area: Well-maintained common area with mailroom and elevator.

Building parking

Covered on-site parking

Convenient on-site laundry room.

Description

This rare offering presents a stabilized, fee-simple investment opportunity featuring a total of 36 renovated units situated in the absolute heart of Waikiki. This building is high-density asset perfectly positioned to capture the district’s premium rental rates and offers a superior unit mix designed for maximum occupancy, including TWELVE 2-bedroom/2-bathroom units, EIGHTEEN 2-bedroom/1-bathroom units, and SIX 1-bedroom/1-bathroom units. Each residence has been updated to meet modern standards, providing a turnkey experience for the next owner with significantly reduced capital expenditure requirements compared to the area’s aging inventory. In addition to the robust residential rent roll, the property features an on-site laundromat with four coin-operated washers and dryers, generating consistent ancillary income. Property may differ from tax records; buyer to do their own due diligence.

Details

MLS #	202603690
Listing Type	For Sale
Style	Industrial
Building Name	Aloha Waikiki
Sub-Type	Resale
Status	Active
Year	1971
Days On Site	178
Listing Provided By	Moana Realty LLC \| Peggy SY Tong Kong

Features

SQ Feet	30,663
Story(s)	7
Units	36
Zoning	X2 - Apartment Precinct

Exterior

Construction Materials	Block, Concrete

Other

Community Features	None

Taxes

Property	25464

Area Information

State	HI
County	Oahu
City	Honolulu
Zip Code	96815
Area	Oahu
Community Name	WAIKIKI
School District	Kaimuki
Elementary School	Jefferson
High School	Kaimuki
Listing VS Median (in WAIKIKI)
Price: $18,500,000 low \| high Med: $449,000 100% of Average sqft: 30,663 low \| high Med: 2,422 100% of Average $ / sqft: $603 low \| high Med: $185 100% of Average On site: 178 low \| high Med: 571 31.173380035026% of Average

Sourced by Back At You

Market Activity 96815

Date	Sales	Avg $ Per SqFt	Min Sale Price	Max Sale Price	Med Sale Price
Date: Jul 2026	Sales: 5	Avg $ Per SqFt: $604.96	Min Sale Price: $95,000	Max Sale Price: $1,250,000	Med Sale Price: $507,000
Date: Jun 2026	Sales: 22	Avg $ Per SqFt: $997.52	Min Sale Price: $68,000	Max Sale Price: $2,900,000	Med Sale Price: $622,000
Date: May 2026	Sales: 37	Avg $ Per SqFt: $1031.29	Min Sale Price: $48,500	Max Sale Price: $2,775,000	Med Sale Price: $590,000
Date: Apr 2026	Sales: 52	Avg $ Per SqFt: $949.71	Min Sale Price: $70,000	Max Sale Price: $6,000,000	Med Sale Price: $467,500
Date: Mar 2026	Sales: 70	Avg $ Per SqFt: $911.11	Min Sale Price: $58,000	Max Sale Price: $2,880,000	Med Sale Price: $510,000
Date: Feb 2026	Sales: 45	Avg $ Per SqFt: $858	Min Sale Price: $55,000	Max Sale Price: $3,000,000	Med Sale Price: $465,000
Date: Jan 2026	Sales: 77	Avg $ Per SqFt: $680.27	Min Sale Price: $475	Max Sale Price: $3,375,000	Med Sale Price: $405,000
Date: Dec 2025	Sales: 72	Avg $ Per SqFt: $687.19	Min Sale Price: $1,645	Max Sale Price: $8,040,000	Med Sale Price: $334,975
Date: Nov 2025	Sales: 77	Avg $ Per SqFt: $772.85	Min Sale Price: $1,400	Max Sale Price: $2,260,000	Med Sale Price: $415,000
Date: Oct 2025	Sales: 65	Avg $ Per SqFt: $790.26	Min Sale Price: $2,400	Max Sale Price: $8,250,000	Med Sale Price: $455,000
Date: Sep 2025	Sales: 25	Avg $ Per SqFt: $900.84	Min Sale Price: $1,450	Max Sale Price: $4,750,000	Med Sale Price: $525,000
Date: Aug 2025	Sales: 31	Avg $ Per SqFt: $947.13	Min Sale Price: $2,400	Max Sale Price: $2,950,000	Med Sale Price: $575,000

Sourced by Back At You

Jul 2026
Sales:	5
Avg $ Per SqFt:	$604.96
Min Sale Price:	$95,000
Max Sale Price:	$1,250,000
Med Sale Price:	$507,000
Jun 2026
Sales:	22
Avg $ Per SqFt:	$997.52
Min Sale Price:	$68,000
Max Sale Price:	$2,900,000
Med Sale Price:	$622,000
May 2026
Sales:	37
Avg $ Per SqFt:	$1031.29
Min Sale Price:	$48,500
Max Sale Price:	$2,775,000
Med Sale Price:	$590,000
Apr 2026
Sales:	52
Avg $ Per SqFt:	$949.71
Min Sale Price:	$70,000
Max Sale Price:	$6,000,000
Med Sale Price:	$467,500
Mar 2026
Sales:	70
Avg $ Per SqFt:	$911.11
Min Sale Price:	$58,000
Max Sale Price:	$2,880,000
Med Sale Price:	$510,000
Feb 2026
Sales:	45
Avg $ Per SqFt:	$858
Min Sale Price:	$55,000
Max Sale Price:	$3,000,000
Med Sale Price:	$465,000
Jan 2026
Sales:	77
Avg $ Per SqFt:	$680.27
Min Sale Price:	$475
Max Sale Price:	$3,375,000
Med Sale Price:	$405,000
Dec 2025
Sales:	72
Avg $ Per SqFt:	$687.19
Min Sale Price:	$1,645
Max Sale Price:	$8,040,000
Med Sale Price:	$334,975
Nov 2025
Sales:	77
Avg $ Per SqFt:	$772.85
Min Sale Price:	$1,400
Max Sale Price:	$2,260,000
Med Sale Price:	$415,000
Oct 2025
Sales:	65
Avg $ Per SqFt:	$790.26
Min Sale Price:	$2,400
Max Sale Price:	$8,250,000
Med Sale Price:	$455,000
Sep 2025
Sales:	25
Avg $ Per SqFt:	$900.84
Min Sale Price:	$1,450
Max Sale Price:	$4,750,000
Med Sale Price:	$525,000
Aug 2025
Sales:	31
Avg $ Per SqFt:	$947.13
Min Sale Price:	$2,400
Max Sale Price:	$2,950,000
Med Sale Price:	$575,000

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Contact

Learn More About This Property

Mateo Manzari

Coldwell Banker Island Properties

RB-24388 MBA (808) 280-6880 [email protected]

State	HI
County	Oahu
City	Honolulu
Zip Code	96815
Area	Oahu
Community Name	WAIKIKI
School District	Kaimuki
Elementary School	Jefferson
High School	Kaimuki
Listing VS Median (in WAIKIKI)
Price: $18,500,000 low \| high Med: $449,000 100% of Average sqft: 30,663 low \| high Med: 2,422 100% of Average $ / sqft: $603 low \| high Med: $185 100% of Average On site: 178 low \| high Med: 571 31.173380035026% of Average

Sourced by Back At You

Listing Updated: May 21, 2026 at 1:29:48 PM PDT

412 Launiu Street,Honolulu, HI 96815

Honolulu, HI 96815

Description

Details

Features

Exterior

Other

Taxes

Area Information

Market Activity 96815

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Mateo Manzari

Coldwell Banker Island Properties

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Mateo Manzari - Coldwell Banker Island Properties

412 Launiu Street,Honolulu, HI 96815

Honolulu, HI 96815

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Description

Details

Features

Exterior

Other

Taxes

Area Information

Market Activity 96815

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Contact

Learn More About This Property

Mateo Manzari

Coldwell Banker Island Properties

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Additional Information

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Mateo Manzari - Coldwell Banker Island Properties