This site was previously occupied by the first Tropics restaurant (The World Famous Tropics at Waikiki) which was opened by Peaches & Tony Guerrero and ran from 1940 to at least as late as 1955, possibly later.
The upstairs portion was designated as a separate bar called "The Attic Bar".
This location was open at least as late as September of 1968.
It is interesting to note on their limited cocktail menu that they used Leilani brand as their house white rum. Beachbum Berry describes this as one of his favorite historical white rums for that time period. They also produced a very cool tiki-shaped bottle glorifier to set the bottles on that has become highly coveted over the years. See photos below...