Waikiki Lanais Unit 1201 in WAIKIKI

Waikiki Lanais Unit 1201 in WAIKIKI
View all 21 photos

$360,000

2452 Tusitala St #1201, Honolulu, HI, 96815
2 beds1.5 baths951 sqftFloor 12

2

Bedrooms

1.5

Bathrooms

951

Sqft

12

Floor

1978

Year Built

1

Parking

Data Discrepancies

Heated Pool

Building has a heated pool, but listing does not mention it

Additional Parking Options

Building also offers deeded, guest parking not mentioned in listing.

Unlisted Building Features

Building has features not mentioned in listing: Car Wash, Dog Park, Rooftop Deck, Sauna, Security Guard, Storage

How do you feel about this one?

Description

INVESTOR & FLIPPER SPECIAL IN THE HEART OF WAIKIKI! Rare opportunity to own a spacious 2-bedroom condo in one of Waikiki's most desirable and central locations, priced significantly below assessed value. This property is a blank canvas with endless possibilities—renovate and flip for a strong profit, customize it into your dream island residence, use it as a vacation home, or hold as a long-term investment. A standout feature is the exceptionally large lanai, perfect for relaxing and enjoying the Hawaiian trade winds. Located in the very heart of Waikiki, just steps from world-class beaches, dining, shopping, and entertainment.Even better, the building has undergone major capital improvements. Comprehensive seismic retrofitting is complete, and a building-wide plumbing replacement—including all water supply pipes—is complete or nearing completion, giving the new owner strong confidence in the structural integrity and modernized infrastructure.Investor, flipper, end user, or second-home buyer—this is a rare chance to own in an unbeatable Waikiki location with incredible upside and a building already invested in its own future. Bring your contractor and your best offer today!

Views

Other

Features

Unit Feature - Bedroom on 1st Level
Unit Feature - Full Bath on 1st Floor
Unit Feature - Odd# Unit
Flooring - W/W Carpet
Parking - Assigned
Parking - Covered - 1
Construction - Above Ground
Construction - Concrete
Property Condition - Needs Major Repair

Amenities

BBQ
Community Laundry
Exercise Room
Patio/Deck
Pool on Property
Recreation Area
Resident Manager
Trash Chute
Whirlpool

Inclusions

AC Window Unit
Disposal
Range/Oven
Refrigerator

Lot & Legal

Frontage: Other
Stories: 15-20

Building Features

Owner Occupancy33.80%
Pool
Heated Pool
Window A/C
Community Laundry
Laundry Every Floor
Pets Allowed

Listing History

MLS 202607385
  1. Oct 3, 2026Price reducedto $360,000
  2. May 31, 2026Price reducedto $428,000
  3. Apr 15, 2026Active
  4. Apr 15, 2026Listedat $438,000

Includes all MLS listings of this same physical unit (matched by TMK).

Schedule Showing

Listing Details

MLS #202607385
StatusActive
First SeenApril 15, 2026
FurnishedNone

Property Details

Property TypeCondo/Townhouse
StyleHigh-Rise 7+ Stories
Land TenureFee Simple
NeighborhoodWaikiki
MLS AreaMetro
Lot Size30231 sqft
Lanai (Open)191 sqft
TMK1-2-6-024-069-0061
ZoningWaikiki Special District: Apartment Precinct
Flood ZoneZone AE· High risk (SFHA)

Monthly Costs

All amounts are monthly

Association Fee$1,428
Property Taxes(-$120,000 exemption)$122
Total Monthly$1,550

Fee Includes

Cable TVElectricityGasHot WaterInternet ServiceOther Common ExpensesSewerWater

MLS# 202607385

Listing Courtesy of: Compass

Agent: Mami Y Takeda

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listing information last updated: October 3, 2026.

Information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal.

All right, title, and interest in each copy of every MLS Compilation shall at all times remain vested in HiCentral MLS, Ltd.

© 2026 HiCentral MLS, Ltd. All rights reserved.

Equal Housing Opportunity