| Description | 2032 Kapiolani Blvd is an eight-unit, fee-simple apartment building in Honolulu's McCully-Moiliili neighborhood, close to Ala Moana Center, Ala Moana Regional Park, and the University of Hawaii at Manoa. Built in 1957, the property is fully leased and has received a wide range of recent upgrades, including panel upgrades, grounding, and GFCI installation across all eight units, upgraded kitchens and bathrooms, new flooring, a silicone-coated roof, and upgraded electrical service. With in-place rents below current submarket medians, the offering provides a new owner both stable in-place income and a clear path to rental upside. |
|---|---|
| Status | Active since 09-08-2026 |
| MLS# | 202617140 |
| Price | $2,250,000 |
| Original Price | $2,250,000 |
| Price Change | (0.00%) |
| Studio Units | 0 |
| One Bed Units | 7 |
| Two Bed Units | 1 |
| Three Bed Units | 0 |
| Living Sq Ft | 3,706 |
| Land Sq Ft | 5,000 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 2032 Kapiolani Boulevard Honolulu HI 96826 |
| Region | Metro |
| Neighborhood | Moiliili |
| Days on Market | 19 |
| Year Built | 1957 |
| Year Remodeled | 2026 |
| Condition | Above Average |
| View | Other |
| Parking | Assigned, Tandem |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone AO |
| Tax Amount | $428 |
| Assessed Land | $1,340,000 |
| Assessed Building | $125,900 |
| Assessed Total | $1,465,900 |
| Assessed Ratio | 153% |
| Utilities | Cable, Internet, Public Water, Water |
| Construction | Above Ground, Hollow Tile, Single Wall, Wood Frame |
| Lot Features | Clear |
| Disclosures | None |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Level |
| Roofing | Pitch & Gravel |
| Easements | None |
| Parcel # | 1-2-7-003-062-0000 |
| Listing courtesy of | Bratton Realty Advisors Ltd |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-08-2026 | 202617140 | New Listing | A | $2,250,000 | $0 | $1,465,900 | $1,340,000 | $125,900 | |
| 02-19-2026 | 202506283 | Sold | C | S | $1,800,000 | $1,600,000 | $1,456,900 | $1,340,000 | $116,900 |
| 11-10-2025 | 202506283 | Active Under Contract | P | C | $1,800,000 | $1,600,000 | $1,456,900 | $1,340,000 | $116,900 |
| 11-10-2025 | 202506283 | Pending | A | P | $1,800,000 | $1,600,000 | $1,456,900 | $1,340,000 | $116,900 |
| 08-20-2025 | 202506283 | Price Decrease | $2,050,000 | $1,800,000 | $1,800,000 | $1,600,000 | $1,456,900 | $1,340,000 | $116,900 |
| 06-19-2025 | 202506283 | Price Decrease | $2,200,000 | $2,050,000 | $1,800,000 | $1,600,000 | $1,456,900 | $1,340,000 | $116,900 |
| 05-12-2025 | 202506283 | Price Decrease | $2,600,000 | $2,200,000 | $1,800,000 | $1,600,000 | $1,456,900 | $1,340,000 | $116,900 |
| 03-05-2025 | 202506283 | New Listing | A | $1,800,000 | $1,600,000 | $1,456,900 | $1,340,000 | $116,900 |
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