Positioned along the scenic Ala Wai Canal and steps from Waikiki, 1909 Kahakai Drive presents a rare opportunity to acquire a 33-unit multifamily asset in one of Honolulu’s most desirable neighborhoods. This three-story concrete building features nine one-bedroom units and 24 studios, each individually metered, with on-site laundry and 14 parking stalls. A-2 zoned land, offering long-term redevelopment potential in a high-demand rental market. Residents enjoy a quiet cul-de-sac setting with sidewalks, vinyl fencing, and landscaped grounds, while benefiting from unmatched connectivity to Ala Moana Center, Ala Moana Beach Park, and the Hawaii Convention Center. With strong rental demand driven by proximity to major employment, retail, and entertainment hubs, this asset offers investors stable income and future upside in a premier Honolulu location.