Ala Moana Homes with Leasehold Land tenure

Welcome to Ala Moana, a vibrant and picturesque neighborhood nestled in the heart of Honolulu, Hawaii. Known for its stunning beaches, lush parks, and a lively atmosphere, Ala Moana is a perfect blend of urban convenience and tropical paradise. This dynamic community is home to the renowned Ala Moana Center, one of the largest open-air shopping malls in the world, offering a delightful mix of high-end boutiques, local shops, and diverse dining options.

Ala Moana is also famous for its beautiful beachfront park, where residents and visitors can enjoy leisurely strolls, picnics, and breathtaking sunsets over the Pacific Ocean. The neighborhood boasts easy access to the iconic Waikiki Beach and the tranquil Magic Island, making it a haven for outdoor enthusiasts and beach lovers alike. With a strong sense of community and a rich cultural vibe, Ala Moana is an ideal place for families, young professionals, and retirees seeking a relaxed yet vibrant lifestyle.

When it comes to housing, Ala Moana offers a unique opportunity with homes featuring leasehold land tenure. This means buyers can purchase properties on leased land, often at a more affordable price point compared to fee-simple properties. While leasehold homes may come with specific terms and conditions, they provide a fantastic entry into this sought-after neighborhood, allowing residents to enjoy the beauty and benefits of living in this tropical paradise without breaking the bank.

Whether you’re looking for a cozy condo with ocean views or a spacious family home, Ala Moana has something for everyone. Experience the allure of island living in this enchanting neighborhood where the spirit of aloha thrives!

Newest Ala Moana Homes with Leasehold Land tenure

$200,000

202613200 MLS ⋅ LH - Leasehold Tenure ⋅ 42 DOM

Located near on Rycroft Street near Walmart and Keeaumoku Street. Walking distance to Walmart and Ala Moana Center. Rare opportunity to acquire Choi's Garden, one of Honolulu's well-known and long-established Korean restaurants. For many years, this restaurant has earned a loyal customer base and a strong reputation for authentic Korean cuisine and exceptional dining experience. This is a true turnkey operation, fully equipped with a commercial kitchen, dining area. The new owner can continue operations immediately with minimal transition.

1303 Rycroft Street, Honolulu

$350,000

202528065 MLS ⋅ LH - Leasehold Tenure ⋅ 247 DOM

Great free-standing building in a well located area close to WAIKIKI, CONVENTION CENTER, ALA MOANA SHOPPING CENTER, DON QUIJOTE, WALMART/SAMS CLUB.

1697 Kalauokalani Way, Honolulu

$80,000

202524922 MLS ⋅ LH - Leasehold Tenure ⋅ 267 DOM ⋅ Ala Moana Tower BLDG.

Charming 503 sq.ft tea shop for sale, located just steps from the Convention Center with easy parking nearby—perfect for attracting tourists, locals, and event visitors. The space is efficiently designed, easy to operate, and ideal for takeaway or a cozy dine-in concept. A great opportunity for anyone looking to start or expand a beverage business in a high-visibility, high-demand area.

1617 Kapiolani Boulevard Unit 102, Honolulu

$70,000

1 Beds ⋅ 1 Baths ⋅ 202516534 MLS ⋅ LH - Leasehold Tenure ⋅ 395 DOM ⋅ Six Twenty Sheridan BLDG.

A Solid Option for your Buyers or Investors. Conveniently located near Ala Moana and Kaka‘ako, this updated unit offers a practical opportunity.Interior improvements include fresh paint, new vinyl plank flooring, a renovated bathroom, and an upgraded kitchen with modern cabinets, countertops, and fixtures — all designed for low-maintenance living. The secured, pet-friendly building features secured full size and covered parking stall and easy access to public transportation, shopping at Wal Mart, or the Ala Moana Shopping Center and a wide range of nearby eateries and local services. With NO high-cost amenities, monthly maintenance fees are kept manageable. Whether you're looking to move into an affordable home or add to your rental portfolio, this unit is a clean, straightforward option in a convenient Honolulu location.

620 Sheridan Street Unit 404, Honolulu

Start Your Search

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.