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.