RARE and HIGHLY SOUGHT AFTER 4500 SF clear lot with X-2 apartment precinct zoning in Waikiki. Possible Multi-family Development (Permitted use in the Apartment Precinct) using relaxed ACT 7 rules or hold in your portfolio for generational wealth building. This parcel is situated between Kuhio & Ala Wai Blvd. Its a short walk to Ala Wai Canal and just down the street from world class beaches, shops, excellent eateries, the Ritz Carlton, Fort Derussy and Royal Hawaiian Shopping Center. Excellent investment opportunity in the famous and high sought-after Waikiki area. Buyer to do due diligence for development potential.