| Description | Leasehold unit repossessed by the Lessor. The buyer will have the opportunity to purchase the 2069 lease extension through November 30, 2026 for $45,000. This will grant the buyer a 43-year lease. The total purchase price would be $137,000 (3 bedroom / 3 bathrooms) + $45,000 (lease extension to 2069) = $182,000. Please refer to the attached extended lease term sheet for further details. Unique apartment 509 is a two-bedroom, two-bathroom apartment with central air conditioning, totaling 1,180 square feet and featuring 124 square foot private lanai. The property TMK also includes a separate unit with a private entrance, which is a one-bedroom, one-bathroom unit with a living area of 574 square feet and a separate central air conditioning unit. The units are separated by an 806 square foot private patio/yard. The separate one-bedroom unit requires major repairs and was being used as a storage unit. This property is being sold “AS IS.” The seller will not undertake any repairs or cover any reports that benefit the buyer, including termite inspections. The buyer is responsible for conducting their own due diligence. Fee not available to purchase at this time, only extended lease. |
|---|---|
| Status | Active since 09-16-2026 |
| MLS# | 202617088 |
| Price | $137,000 |
| Original Price | $137,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 3 / 3 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 1,754 |
| Land Tenure | LH - Leasehold |
| Maintenance Fee | $2,453 |
| Lanai Sq Ft | 806 |
| Building | Wailana At Waikiki |
| Address | 1860 Ala Moana Boulevard 509 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 12 |
| Year Built | 1970 |
| Condition | Fair,Needs Major Repair |
| View | Diamond Head |
| Frontage | Other |
| Parking | Assigned, Covered - 1 |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AE |
| Tax Amount | $480 |
| Assessed Land | $53,500 |
| Assessed Building | $1,101,100 |
| Assessed Total | $1,154,600 |
| Assessed Ratio | 12% |
| Inclusions | AC Central, Cable TV, Chandelier, Dishwasher, Disposal, Dryer, Microwave Hood, Range/Oven, Refrigerator, Washer |
| Amenities | BBQ, Car Wash, Condo Association Pool, Heated Pool, Patio/Deck, Pool on Property, Resident Manager, Restaurant, Security Guard, Storage, Trash Chute |
| Construction | Above Ground, Concrete, Steel Frame |
| Flooring | Laminate, Other |
| Disclosures | Pets Allowed (Verify) |
| Furnished | Partial |
| Land Recorded | Dual Systems |
| Possession | At Closing |
| Sale Conditions | Foreclosure |
| Building Style | High-Rise 7+ Stories |
| Security | Card, Keyed Elevator, Security Patrol, Video |
| Notice | Foreclosure |
| Leasehold | Lease rent $1,006 / 2039 · Buy fee |
| Parcel # | 1-2-6-012-002-0010 |
| Listing courtesy of | eHAWAIIproperty.com |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-16-2026 | 202617088 | New Listing | CS | A | $137,000 | $0 | $1,154,600 | $53,500 | $1,101,100 |
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