The earthquake occurred at a depth of 6.2 miles, centered approximately 62 miles from Iquique, Chile.
Other nearby cities include Arica at 87 miles away, and Tacna, Peru, at 119 miles away.
Shortly after the earthquake, The Pacific Tsunami Warning Center issued a regional tsunami warning for surrounding areas.
A warning was in effect for Chile, Peru and Ecuador, and a tsunami watch was issued for Colombia, Panama and Costa Rica, CNN reported.
"There is a possibility that Hawaii could be elevated to a watch or warning status," a statement read.
PTWC: Estimated initial tsunami wave arrival times at forecast points within the warning and watch areas pic.twitter.com/4RJ4imC0L0
- BuzzFeed News (@BuzzFeedNews) April 2, 2014
This is developing and will be updated.