303 Wai Nani Way
Honolulu, HI 96815

For Sale
Active
List Price
$3,350,000 (FS)
Property Type:
Multi-Family
Studio Units:
0
1-Bed Units:
0
2-Bed Units:
0
3-Bed Units:
4
Land Area (sf):
7,103
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
6 - Assigned, Covered, Open, Tandem
MLS #:
202324062
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
WAIKIKI
TMK:
1-2-6-028-044-0000
List Date:

REMARKS:

Once in a lifetime opportunity to own one of the largest single parcel, fee simple, apartment zoned properties in Waikiki--one of Hawaii's most important real estate markets. Only 12 fee simple Waikiki properties over 7, 000 sq. ft. have been registered as sold on the MLS in the past 3 decades. Conveniently located on a quiet residential street on the Diamond Head side of Waikiki, this spacious & level lot boasts 4 single family homes. Each 3BD/1BA home is approx. 747 sq. ft. & is separately metered for electricity & water. Each home has its own full size washer/dryer & parking stall (5 stalls total for 6 cars, 1 stall is tandem). These tastefully upgraded vintage Waikiki Plantation homes with entryway patios & soaring 9 foot ceilings were built in 1939 & collectively evokes the charms of yesteryear Waikiki. Featured on Magnum PI! EXCELLENT income property, but development & renovation opportunities abound for its next chapter. Its superior location puts you within moments to world famous Waikiki Beach & various dining, entertainment, & employment options throughout Waikiki, Kakaako, & metro Honolulu. Buyers to complete all due diligence that they may deem material. Sold AS-IS.

PROPERTY INFORMATION:

Zoning:
X2 - Apartment Precinct
Furnished:
None
Year Built:
1939
Year Remodeled:
2015

FINANCIAL INFORMATION:

Assd. Val. Land:
$1,662,100
Assd. Val. Imprv:
$219,700
Assd. Val. Total:
$1,881,800
Tax Year:
2023
Monthly Taxes:
$548
Home Exempt.:
--

SCHOOLS:

Elem. School:
Jefferson
Middle School:
Washington
High School:
Kaimuki

OTHER PROPERTY FEATURES:

Frontage:
Other
View:
None
Pool:
--
Amenities:
None
Inclusions:
--
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
Clear
Topography:
Level
Number of Stories:
One
Building Style:
--
Property Condition:
Average
Construction:
Above Ground, Single Wall, Wood Frame
Roofing:
Asphalt Shingle
Floor Covering:
--
Disclosures:
1031 Exchange, Licensed Owner, Listor Owner, Pet on Property, Property Disclosure Stmt, Relative of Licensee
Possession:
At Closing
Terms Accept.:
Cash, Conventional
Land Recorded:
Regular System
Exclusions:
--
Easements:
Electric
Set-Backs:
C&C
Compensation*:
2.5
Compensation Type:
--

* The offer of compensation to cooperating brokers is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Sunday, April 14, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Gloria Chi Realty Inc.