Sources told HNN that the suspect apparently stabbed his landlord when she tried to evict him. The person then opened fire and struck two officers.
At last count, at least four homes were destroyed and several more sustained significant damage.
The Honolulu Fire Department was battling the blazes. "This is an unprecedented tragedy for not only the City and County of Honolulu but the entire state of Hawai'i". Flames and smoke over the affluent neighborhood can reportedly be seen from miles away.More news: Guardiola not interested in Liverpool v Man Utd clash
A female officer was wounded and "taken to the Queen's Medical Center in extremely critical condition and later died", WIBW reported. A third officer sustained a gunshot wound to the leg.
"My prayers and thoughts are with the families of the Honolulu Police Department officers who were killed and all who were injured during the Diamond Head incident today-my heart aches for all who are involved", Pine said, according to the Star-Advertiser.
Several were crying, and Ballard could be seen hugging those arriving at the emergency room.
The scene of the shooting, which is believed to be a home on Hibiscus Drive, has also become the scene of a fire that has consumed the home and spread to nearby residences, according to reports.More news: In Huawei Battle, China Threatens Germany 'The place it Hurts': Automakers
Witnesses said the home police visited later erupted in flames, which spread to nearby properties.
Video taken from the scene of the fire appear to capture the sound of gunfire inside the home as it burned, but this has not been formally confirmed.
This is a developing story and will be updated.More news: Prince Charles Will "Offer Private Financial Support" to Harry & Meghan